NEW DELHI: Fundraising through QIPs reached an all-time high in 2024, surpassing the Rs 1 lakh crore-mark for the first time ever in a calendar year, fuelled by strong stock market conditions and higher valuations.
Indian companies have raised Rs 1,21,321 crore through QIPs till November, according to data compiled by Prime Database.
This represents a more than two-fold increase compared to the Rs 52,350 crore mobilised in the previous calendar year.
The sharp increase showed market resilience has been a key factor driving this growth as companies will continue to garner capital through Qualified Institutional Placements (QIPs), analysts said.
According to the data, 82 companies have tapped capital markets with QIP issues till November this year, compared with just 35 that raised Rs 38,220 crore during the same period last year.
Diese Geschichte stammt aus der December 16, 2024-Ausgabe von Millennium Post Delhi.
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Diese Geschichte stammt aus der December 16, 2024-Ausgabe von Millennium Post Delhi.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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STOCK MARKET AND NUMEROLOGY
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