2023-24 India public equity fundraising increased 142% to Rs 1.86 lakh crore, with IPOs rising 19% and QIPs up 700%.

India's overall public equity fundraising surged 142% to Rs 1.86 lakh crore in 2023-24, with IPOs rising 19% to 76, the largest being Mankind Pharma's Rs 4,326 crore raise. QIPs also saw a significant increase, with 55 companies mobilizing Rs 68,933 crore, a 700% jump. Indian companies raised nearly Rs 62,000 crore through mainboard IPOs in FY24, a 19% increase from the previous year.

March 26, 2024
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