This has to be seen in the wake of the fact that India is on track to become the world's third-largest economy by 2027 with a $7 trillion GDP target by 2030: QIPs in 2024 have surged, with 91 deals raising a record Rs 1,29,200 crore. It has surpassed last year's Rs 52,300 crore and the previous peak of Rs 80,500 crore in CY20, marking an all-time high.
Interestingly, the global IPO market recorded 1,215 deals raising $121.2 billion, slightly below 2023 levels. However, the second half of 2024 witnessed improved performance, with the US reclaiming the top spot for IPO proceeds and a record 55 per cent participation from foreign issuers. Compared to this, in India, as many as 76 companies raised Rs. 1.3 trillion in the first 11 months of 2024. Favourable regulatory reforms and investor confidence fuelled market momentum, even during downturns.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
'I have confidence in myself': Rohit refutes retirement talk
Refuting speculations of retirement from the longest format, India skipper Rohit Sharma on Saturday cleared the air following his non-selection for the ongoing fifth and final Border-Gavaskar Trophy Test match in Sydney.
Bumrah's a threat at all times, feels Australia head coach McDonald
Australia would be hoping for Jasprit Bumrah to remain in the sidelines for the rest of the fifth and final Test after India's pace spearhead and stand-in skipper was forced out of the ground with back spasms on day two of the Sydney Test.
BGT: Pant's fireworks keep Indian hopes alive on Day 2
Wicketkeeper-batter brings T20 flavour to Test cricket as 15 wickets fall on second day of Sydney Test
There's no particular number in mind: Prasidh Krishna reflects on SCG track
Acknowledging the inconsistency of the surface at the Sydney Cricket Ground, India pacer Prasidh Krishna said there is no particular target in mind after his team ended up with an overall lead of 145 with four wickets in their bag after the second day's play in the fifth and final Test of the Border-Gavaskar Trophy on Saturday.
Strength of NCC cadets increased from 17 to 20 lakh in 2024: DG NCC
The National Cadet Corps (NCC) Republic Day Camp 2025 is witnessing the participation of 2,361 cadets, including 917 girls - the largest number till date.
Indian Coal Sector Clocks Record Production in 2024
Coal production reached an all-time high of 1,039.59 million tonnes (provisional) in 2024, marking a significant 7.28 percent growth compared to the previous year's total of 969.07 MT, the government said on Saturday.
Centralised Pension Payments System rolled out in all EPFO offices across India
The EPFO has completed the full-scale rollout of the new Centralised Pension Payments System (CPPS) across all its disbursing offices in a landmark move towards enhancing pension services, the Ministry for Labour and Employment said.
Trump's Sentencing Is Set for 10 January
Manhattan Judge Juan M. Merchan scheduled the sentencing for 10 days before Trump's inauguration – but the judge indicated that he's leaning toward a sentence that would amount to just closing the case without any real punishment
Republican Mike Johnson Re-elected House Speaker in Dramatic Floor Vote
Secretary of State Antony Blinken will embark on what is expected to be his final overseas trip in office this weekend, traveling to South Korea, Japan, and France.
Taiwan Says China Is Redoubling Efforts To Undermine Democracy With Disinformation
Taiwan's government says China is redoubling efforts to undermine confidence in the self-governing island's democracy and close ties with the United States through the spread of disinformation, especially online.
