Categories: Business

NSE Registers 268 Successful IPOs In 2024; Highest In Asia

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.

Also Read: EPFO’s Centralized Pension System Offers New Benefits To 6.8 Million Members

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.

Shibra Arshad

Recent Posts

Sensex, Nifty Slide For Seventh Week Amid Market Pressure

Nifty and Sensex fell for a seventh straight week as high crude prices, US bond…

3 hours ago

HM Amit Shah, CM Yogi Remember Guru Amar Das On Jyoti Jyot Diwas

Amit Shah and CM Yogi Adityanath paid tribute to Guru Amar Das on Jyoti Jyot…

3 hours ago

PM Modi Pays Tribute To Late Dr Manmohan Singh On Birth Anniversary

PM Modi pays tribute to Dr Manmohan Singh on his birth anniversary, recalling his dedicated…

3 hours ago

Bill Gates Sounds Warning On AI Misuse & Global Risks

Bill Gates warned that increasingly powerful AI could pose serious global risks if misused by…

4 hours ago

CBSE Class IX Students Face Textbook Delays Amid Curriculum Changes

Class IX students have faced uncertainty this academic year as CBSE introduced curriculum changes while…

4 hours ago

Delhi-NCR Wakes To Pleasant Weather; Rain Expected For 3 Days

Delhi-NCR woke to pleasant weather on Saturday, with light to moderate rain, thunderstorms & gusty…

5 hours ago