The Indian Stock Exchange has achieved a milestone in 2024 by registering 268 successful initial public offerings (IPOs). The number is highest in Asia and a global record for a primary market.
The Indian market has raised a total of 1.67 crore by facilitating 268 IPOs. 90 of these are on the mainboard while 178 are registered in the SME segment.
Notably, this is the highest number of initial public offerings in a calendar year reflecting growing confidence in India’s capital market.
The number of IPOs launched globally has dipped from 2023. 1,124 IPOs were launched globally registering a slight decline from 1,271 in 2023.
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India topped the global IPO chart in 2024, with the National Stock Exchange (NSE) facilitating a record 268 companies’ initial public offerings. Notably, this included the largest-ever IPO in India and the second-largest globally, with Hyundai Motor India Ltd raising a staggering $3.3 billion.
Moreover, SMEs raised 7349 crore rupees collectively.
Sriram Krishnan, Chief Business Development Officer (CBDO), NSE stated, “The record number of IPOs during this calendar year highlights the resilience and potential of the Indian economy.”
The National Stock Exchange commits to strengthening the platform for higher capital raising and supporting business in 2025.
Additionally, companies have capitalized on the growing Indian market by listing their shares, with several of them reaping substantial profits
Initial public offerings refer to a process where private companies list their companies for public selling of shares to raise equity from investors.
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