Promoters pick up ₹1.5 L cr through share sales in 2024
Financial Express Kochi|December 30, 2024
A conducive "EXIT environment" didn't just help promoters looking to offload shares.

Analysts noted that the rally in the markets also facilitated exits for private equity (PE) and venture capital (VC) funds. Investors and promoters took home close to ₹1 lakh crore through the sale of shares in initial public offers (IPOs) in 2024, the highest in at least 10 years.

To be sure, share sales were not only driven by the rise in prices and steep valuations. Some promoters may have needed the funds to invest in a new or another existing venture. In some cases, the company may have been required to meet the minimum public shareholding (MPS) norms; Mankind Pharma is an example of this.

この記事は Financial Express Kochi の December 30, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Kochi の December 30, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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