<ul><li>Indian companies raised INR 1.64 lakh crore via 90 maiden public issues and INR 1.39 lakh crore via share sales to institutions setting a record fundraising in 2024.</li><li>Vodafone Idea raised INR 18,000 crore through a follow-on public offer and INR 49,436 crore was raised through public issues in 2023.</li><li>The year witnessed a frenzy in the primary market with 15 companies raising INR 25,500 crore, the highest in 17 years.</li><li>IPO subscription ratios have been exceptionally high this year with some offerings being subscribed over 200 times such as KRN Heat Exchanger and Refrigeration.</li><li>Foreign investors poured in primary market purchases of $14 billion this year, surpassing the previous record set in 2021.</li><li>The IPO pipeline for the next year is set to feature major offerings, including HDB Financial Services' proposed INR 12,500 crore issue, LG Electronics India's proposed INR 15,000 crore public float, and Hexaware Technologies' INR 9,950 crore offer.</li></ul>

Fund Raising By India Inc. Shatters Almost Every Possible Record In 2024

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