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Fundraising remained robust in 2025, QIPs shrunk
Business Standard
|January 01, 2026
Fundraising through equity markets remained robust despite volatility in secondary markets in 2025, with mopup from initial public offerings (IPOs) and small and medium enterprise initial public offerings (SME IPOs) hitting record highs.
One hundred and three firms raised ₹1.75 trillion through IPOs. In terms of the number of issuances, it was the best year for the IPO market since 2000. This also marks the first time India has seen two consecutive years of record primary-market fundraising; historically, a blockbuster year has been followed by two to three quieter ones. Two hundred sixty-seven firms raised ₹11,437 crore through the SME platform. Th
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