Indian Firms Raise Over Rs 3 Lakh Crore From Stock Market In 2024
NDTV
According to reports, 90 companies have raised or announced fundraising of Rs 1.62 lakh crore so far this year, which is 2.2 times more than last year's Rs 49,436 crore.
The year 2024 has been historic for the Indian stock market as companies have raised a record capital of over Rs 3 lakh crore so far this year through Initial Public Offerings (IPOs), Qualified Institutional Placements (QIPs), and Rights Issues, breaking the previous record of raising capital - Rs 1.88 lakh crore in 2021.
According to reports, 90 companies have raised or announced fundraising of Rs 1.62 lakh crore so far this year, which is 2.2 times more than last year's Rs 49,436 crore.
The amount raised through new issues in 2024 is around Rs 70,000 crore, compared to Rs 43,300 crore in 2021.
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