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 West UP.
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This story is from the December 23, 2024 edition of Hindustan Times West UP.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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