Indian companies have reported a 54% decline in private equity investments. In February private equity investments in Indian companies stood at USD 324 million which is 54% less than what it was in the same month last year. Financial consultant Four-S Services said in its report that USD 324 million was invested as private equity investments in Indian companies in February 2011 when in the same period last year the investment stood at USD 699. Even the total number of deals that were sealed in February this year is lower than what it was in the same period last year.
22 private equity deals were announced in February 2011 this year. Last year during the same period 23 PE deals were announced. So far investments worth USD 755 million have been made in 2011 (January-February). Last year during the same period it was USD 1.15 billion. During the month sectors like banking, financial services, insurance and real estate attracted maximum investments. The Ratnakar Bank deal which raised USD 158 million equity funds from HDFC Ltd (India’s largest mortgage lender) and other private equity investors that includes Beacon India Private Equity Fund and Faering Capital has been the biggest deal of the month.
22 private equity deals were announced in February 2011 this year. Last year during the same period 23 PE deals were announced. So far investments worth USD 755 million have been made in 2011 (January-February). Last year during the same period it was USD 1.15 billion. During the month sectors like banking, financial services, insurance and real estate attracted maximum investments. The Ratnakar Bank deal which raised USD 158 million equity funds from HDFC Ltd (India’s largest mortgage lender) and other private equity investors that includes Beacon India Private Equity Fund and Faering Capital has been the biggest deal of the month.
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