IPO boom: Record ₹1.6 lakh crore raised in 2024
Hindustan Times Jammu|December 23, 2024
Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record ₹1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.
Press Trust of India

NEW DELHI:

This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential. The year was marked by Hyundai Motor India's historic IPO, the largest in the country's history, which raised ₹27,870 crore.

Companies of varying market capitalisations -- large, mid, and small -- tapped into the IPO route in 2024, with the average issue size rising significantly from ₹867 crore in 2023 to over ₹1,700 crore in 2024.

The exceptional vibrancy of the IPO market was evident, with December alone seeing at least 15 launches.

This story is from the December 23, 2024 edition of Hindustan Times Jammu.

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This story is from the December 23, 2024 edition of Hindustan Times Jammu.

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