GENERAL1 Oct 2026
September fundraising highest for any month this year amid Nifty's big fall
September turned out to be the busiest month this year for fundraising, even as the Nifty fell sharply. Companies going public were priced at a median of 31 times earnings. That matters if you invest in new listings or run a business planning to raise money. Look at the asking valuation closely, and don't chase hot issues just because markets are busy.
Key Statutory Highlights
- September saw the highest fundraising of any month this year, even as the Nifty had a big fall.
- September listings were priced at a median of 31 times, but ESDS Software Solution (155 times), Hero Motors (143 times) and Prasol Chemicals (114 times) stood out.
- The National Stock Exchange (NSE) traded at 49 times, while rising crude prices, firm US yields and global risk aversion weighed on Indian equities.
Actionable Advice for Taxpayers / Founders:Before applying to any new public issue, compare its asking valuation with the 31 times median set in September, and stay cautious because rising crude prices, firm US yields and weak global sentiment are already weighing on Indian shares.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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