Firm allotment to institutional investors
Table 3 gives details of firm allotments made to financial institutions, banks, mutual funds, NRIs/OCBs, Foreign Institutional Investors and employees. In 1996-97, Rs.8,556.78 crore were offered to Indian public compared to Rs.8,413.01 crore in 1995-96. The promoters’ participation in 663 issues in 1996-97 was Rs.1,194.81 crore as against Rs.2,008.15 crore through 1,218 issues in 1995-96.
Category | 1995-96 | 1996-97 | ||
No of issues | Amount reserved (Rs. crore) |
No of issues | Amount reserved (Rs. crore) |
|
Mutual Funds FIIs NRI/OCBs Employees FIs/Banks Total |
823 79 933 432 541 |
1,039.71 211.66 1,291.92 53.23 1,113.05 3,709.57 |
354 23 408 139 265 |
338.11 28.72 683.49 179.72 549.41 1,779.45 |