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2024 a blockbuster year for IPOs with record raising of Rs 1.8 trillion
The Business Guardian
|December 22, 2024
The Indian primary market witnessed 2024 as the blockbuster year for initial public offerings (IPOs), according to a report by Motilal Oswal.
The report highlighted that a record-breaking Rs 1.8 trillion was raised through more than 317 IPOs so far this year. This figure surpasses the previous high of Rs 1.3 trillion set in 2021 and is significantly higher than last year's total of Rs 576 billion.
It said "CY24 has been a blockbuster year for the Indian primary market, with INR1.8t raised through more than 317 IPOs to date, an all-time high." The report attributed this remarkable growth to the changing dynamics of the Indian equity market and robust inflows of funds.
Dit verhaal komt uit de December 22, 2024-editie van The Business Guardian.
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