Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
IPO boom: Record ₹1.6 lakh crore raised in 2024
Hindustan Times Pune
|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.
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 Pune.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Pune
Hindustan Times Pune
'Early India-EU FTA can aid global stability'
The speedy conclusion of a trade deal between India and the European Union (EU) can make a “big difference” to efforts to stabilise the global economy and strengthen democratic forces, external affairs minister S Jaishankar said on Wednesday.
1 min
October 30, 2025
Hindustan Times Pune
Will keep telling myself to stay calm, believe: Shafali
MUMBAI: On the eve of their all-important Women’s World Cup semifinal against defending champions Australia, as the India batters lined up fora hit out in the nets, Shafali Verma also took guard at the DY Patil Sports Complex’s University ground on ‘Wednesday afternoon.
2 mins
October 30, 2025
Hindustan Times Pune
Air India CEO calls crash tragic, awaits final probe report
Describing the crash of a Boeing 787 in June as “absolutely devastating,” Air India chief executive officer (CEO) Campbell Wilson on Wednesday said the airline continues to support affected families and staff while cooperating with the ongoing investigation.
2 mins
October 30, 2025
Hindustan Times Pune
Suzuki looks to drive revival with SUVs
TOKYO: Suzuki Motor plans to launch eight sport utility vehicles in India over the next five to six years as it looks to reclaim market share lost to rivals, the Japanese automaker's president Toshihiro Suzuki said on Wednesday.
1 min
October 30, 2025
Hindustan Times Pune
RELIANCE GROUP ALLEGES BID TO TARNISH IMAGE
Anil Ambani's Reliance Group on Wednesday issued a statement in anticipation of an online portal targeting it with an alleged expose, saying corporate rivals were resorting toa campaign of calumny, disinformation and character assassination.
1 min
October 30, 2025
Hindustan Times Pune
Israel says it will uphold Gaza ceasefire after strikes kill 104
The Israeli military said on Wednesday that it would abide by a ceasefire accord in Gaza, as health officials in the enclave said airstrikes had killed 104 people, with both Israel and Hamas trading blame for violations of the deal.
1 mins
October 30, 2025
Hindustan Times Pune
Nvidia is 1st $5tn co on back of AI mania
BENGALURU: Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a stunning rally that has cemented its place at the center of the global artificial intelligence boom.
1 min
October 30, 2025
Hindustan Times Pune
Smart, multiple alliances can be India’s new path
The international system is undergoing a profound transformation.
3 mins
October 30, 2025
Hindustan Times Pune
New US immigration rule: No auto extn of work authorisation
The US Department of Homeland Security has eliminated automatic extensions of employment authorisation documents, a move that will force foreign workers — especially Indians who make up a large portion of the expat workforce — to stop working if their renewals are not approved before their current permits expire.
1 min
October 30, 2025
Hindustan Times Pune
NATO: REDUCED U.S. MILITARY PRESENCE IN EASTERN EUROPE AN ‘ADJUSTMENT’
Nato said on Wednesday it had been informed in advance of US plans to reduce some of its troops deployed on the alliance’s eastern flank, describing the move as an “adjustment” and nothing “unusual”, AFP reported.
1 min
October 30, 2025
Listen
Translate
Change font size