India Inc mops up record Rs 1.6 lakh crore from IPOs in 2024

Quick Summary:

India witnessed a record Rs 1.6 lakh crore raised through 90 IPOs in 2024, driven by robust economic growth and favorable market conditions.

Hyundai Motor India's IPO led the charge, raising Rs 27,870 crore.

Experts predict 2025 could surpass this record, with a potential Rs 2.5 lakh crore raised from upcoming IPOs, including HDB Financial Services and LG Electronics India.

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Author / Journalist: Agencies

Category: EconomyBusiness

Markets: India

Topics: Equity Capital Markets Record IPOs 2024 IPOs in India 2024 Hyundai Motor India IPO India IPO fundraising

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 02:41:25 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 464 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24585430

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