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IPO Ring to Get Louder in 2024

The momentum of Indias primary market is poised to accelerate in 2024 with companies looking to raise more than ₹1 lakh crore through initial public offerings (IPOs), twice the ₹49,434 crore raised in 2023. ....

Ravi Sardana , Dharmesh Mehta , India Inc , National Securities Depository Ltd , Brainbees Solutions , Aakash Educational Services , Exchange Board Of India Sebi , Exchange Board , Ola Electric , Kotak Investment , Oravel Stays ,

Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far

Fundraising through qualified institutional placement (QIP) has revived this year, led by commercial banks, after a lacklustre 2022.

According to data compiled by Prime Database, Indian companies have raised Rs 53,070 crore in 2023 so far, of which seven banks - Union Bank of India, Indian Bank, Bank of India, Federal Bank, IDFC First Bank, Bank of Maharashtra, and J&K Bank - account for Rs 21,290 crore, or about 40 per cent.

If other financial institutions are included, the figure surges to Rs 26,690 crore. ....

Dominic Xavier Rediff , Ajay Garg , Dharmesh Mehta , Pranjal Srivastava , First Bank , Union Bank , Jk Bank , Indian Bank , Bank Nifty , Prime Database , Federal Bank , Reserve Bank , Business News , Usiness News India , Ndia Business News , Ndian Economy News , Ndian Financial News ,