272 Indian companies went public in 2024, a 65% increase from the previous year, with high foreign investment of Rs 3.4 lakh crore.

India's IPO market saw a significant increase in 2024, with 272 companies going public, compared to 164 in the previous fiscal year. High foreign investment of Rs 3.4 lakh crore, the highest since 1992-93, contributed to this resurgence. The vibrant IPO market is attributed to upbeat secondary markets, enthusiasm from retail investors, and strong institutional flows. SEBI highlights India's economic prospects remain bright, driven by factors like a fillip in manufacturing and service sector activities, easing inflation, fiscal consolidation, financial stability, and buoyant market performance.

August 10, 2024
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