India Ipo 2024 Performance Returns Record Update

India has become a global IPO hotspot: 36 IPOs launched this year have given 57% returns so far, which is double the world average

This year, the IPOs that came in India have given the best returns in the world. The 36 IPOs that came in the last 6 months have given an average return of 57% since their listing.

In comparison, IPOs in the Asia Pacific region gave a return of 32%. This is double the global average. 15 more IPOs may come in the next 6 months, from which companies can raise about Rs 91 thousand crore.

India becomes IPO hotspot in the world img

36 IPOs raised around ₹88.5 thousand crores

According to Prime Database Group, the 36 IPOs that have come out so far have raised about Rs 88.5 thousand crores. These IPOs were oversubscribed by an average of 12 times. According to Pranav Haldia, Managing Director of Prime Database Group, this trend will continue and if an investor is able to get allotment, he can make quick money.

Investment banks earned ₹2,038 crore in fees

Investment banks received fees of Rs 2,038 crore for handling IPOs in the first half, the highest in 17 years. According to financial markets data provider LSEG, capital raised through equity capital market (ECM) activity increased 2.5 times to Rs 2.46 lakh crore.

What is IPO?

When a company issues its shares to the general public for the first time, it is called an Initial Public Offering (IPO). To meet the need of money to expand the business, the company raises money by selling some shares to the public or by issuing new shares instead of taking a loan from the market. This process is called bringing an IPO.