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IPO mop-up rises 20% to Rs 62,000 cr in FY24

Agencies Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76

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India Inc mop-up via IPO rises 19% to ₹61,000 crore in FY24

India Inc mop-up via IPO rises 19% to ₹61,000 crore in FY24
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India Inc mop-up via IPO rises 19% to ₹61,000 crore in FY24

India Inc mop-up via IPO rises 19% to ₹61,000 crore in FY24
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IPO fundraising registers a strong rise in FY24

IPO fundraising registers a strong rise in FY24
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IPO mop-up rises 20% to Rs 62,000 cr in FY24

Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mob­ilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corp­oration (LIC) IPO, which came out in 2022-23, IPO mobi­li­sation increased by 58 per cent from last year.

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