Bloomberg report reflects that India has become the biggest equity funding market in this year with $10.1 billion raise via Indian equity capital market deals which includes Initial Public Offers (IPO), Follow-on Public Offer (FPO), Qualified Institutional Payments (QIP) and block deals.
The report further adds that China is the second runner-up with the fundraising of $9.54 billion and at third place in South Korea with $6.77 billion. These all figures are for the first six months of the current year and bankers, analysts projected that it will be $25 billion figure by the end of the year.
In equity funding market worldwide India is on the sixth place among all countries and the top five are USA, Canada, UK, Japan, and France.
The Indian economy is growing much faster than many other emerging markets and it's quite natural that money is chasing Indian Equities, said Vinay Menon, head, equity capital markets, JP Morgan India.