The year 2024 has been a historic one for the Indian stock market. Corporates raised bumper funds from investors through initial public offerings (IPOs), follow-on public offers (FPOs), qualified institutional placements (QIPs) and rights issues, and set several new records.&nbsp;
In 2024, domestic companies raised ₹1.64 lakh crore through 90 IPOs.
During this period, shares worth ₹1.39 lakh crore were sold to institutional investors. This is the highest figure ever for raising capital through public issues.
In 2021, companies raised the highest amount of ₹1.18 lakh crore through IPOs. During this period, shares worth&nbsp;₹41,997 crore were sold by the companies to institutional investors.
So far this year, 20 companies have raised about ₹18,000 crore through rights issues. Last year this figure was ₹7,266 crore, and in 2022, it was&nbsp;₹3,884 crore.&nbsp;
Due to the boom in the IPO market, in December 2024, about 15 companies are going to raise&nbsp; ₹25,500 crore through public issues.
The biggest-ever IPO of the Indian stock market was launched by Hyundai Motor India. Its issue size was ₹27,870 crore.
Earlier, LIC's public issue of ₹21,008 crore in 2022 was the biggest IPO in the country so far. In 2024, Vibhor Steel Tube's IPO received the highest subscription of 320 times. Apart from this, IPOs like &amp;&nbsp;KRN Heat Exchanger &amp; Refrigeration, Manba Finance, and Gala Precision Engineering got more than 200 times subscriptions.
Indian firms raised ₹1.4 lakh crore this year through QIPs, the highest figure so far since 2020.&nbsp;
This year, Vedanta and Zomato have each raised ₹8,500 crore through QIP. Apart from this, Adani Energy Solutions and Varun Beverage raised ₹8,373 crore and ₹7,500 crore, respectively. According to data from the National Securities Depository Ltd (NSDL), foreign investors invested around $14 billion in the primary markets this year, which is more than the previous record of 2021.&nbsp;
&mdash;IANS

In 2024, Indian firms raised ₹1.4 lakh crore through QIPs which is highest figure so far since 2020 (File Photo)

The biggest-ever IPO of the Indian stock market was launched by Hyundai Motor India with its issue size of ₹27,870 crore

Corporates Raised Bumper Fund From Equity; Set new record

The biggest-ever IPO of the Indian stock market was launched by Hyundai Motor India with its issue size of ₹27,870 crore

December 24, 2024 | 16:21 IST