Indian firms raise over Rs 1,21,321 crore via QIPs, more than doubling 2023's record.

In 2024, Indian companies set a record for fundraising through Qualified Institutional Placements (QIPs), raising over Rs 1,21,321 crore by November, more than double the previous year's Rs 52,350 crore. This surge was fueled by favorable stock market conditions and higher valuations. Notable companies like Vedanta, Zomato, and Adani Energy Solutions led the way. The increase reflects strong market sentiments and high domestic liquidity.

3 months ago
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