ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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IPCL-Many-Sided Growth

the total amount raised. The only public sector bond issue to public during the year, viz, Indian Railway Finance Corporation's Rs 100 crore issue was lead- managed by SBICAP. The post-issue performance of the issues managed by SBICAP has also proved satisfactory. Over 90 per cent of the issues managed by SBICAP during 198788, 1988-89 and 1989-90 are quoted above par. Out of Its 1,066 crore of privately placed bond issues handled by SBICAP, 68 per cent were placed with financial and investment institutions evidencing the company's significant placing capabilities.

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