IPO in India hits landmark as investments soar, document Rs 1.6 lakh crore raised in 2024 – India TV

As traders present confidence in investing, fundraising by way of IPOs in India hit one other landmark in 2024 as financial development, beneficial market circumstances and enhancements within the regulatory framework helped corporations elevate a document Rs 1.6 lakh crore.

Th distinctive 12 months for IPOs not solely mirrored the arrogance of issuers but additionally highlighted traders’ eagerness to grab listing-day positive factors or again corporations with sturdy long-term development potential. The 12 months additionally marked the nation’s largest IPO in historical past in Hyundai Motor which raised Rs 27,870 crore.

Corporations with massive, mid, and small  capitalisations tapped into the IPO route with a median subject dimension rising considerably from Rs 867 crore in 2023 to over Rs 1,700 crore in 2024. The distinctive vibrancy of the IPO market was evident, with December alone seeing at the very least 15 launches.

Momentum to additional speed up in 2025

With the arrival of latest 12 months the fundraising momentum is anticipated to speed up additional, probably surpassing 2024’s document figures, market analysts stated. Munish Aggarwal, Managing Director and Head of Fairness Capital Markets at Equirus, stated, “Based mostly on the 75 IPO paperwork, that are at varied phases of approval/ advertising and the deal pipelines, we anticipate issuance exercise in 2025 to cross Rs 2.5 lakh crore.”.

Web 12 months, the IPOs which was in pipeline, together with HDB Monetary Companies’ proposed Rs 12,500 crore subject, LG Electronics India’s Rs 15,000 crore public float, and Hexaware Applied sciences’ Rs 9,950 crore providing.

Speedy rise in IPO fundraising

As per the info obtainable with the exchanges, 90 maiden public points had been launched in 2024, collectively elevating Rs 1.6 lakh crore. This consists of eight IPOs that are scheduled to conclude on December 23-24. This 12 months the IPO fundraising is considerably increased as in 2023, it was Rs 49,436 crore. 

i(With inputs from businesses)