The year 2024 marked a historic achievement in India’s capital markets as fundraising through Qualified Institutional Placements (QIPs) crossed an unprecedented ₹1 lakh crore. By November, Indian companies raised ₹1,11,719 crore through QIPs, a significant jump compared to ₹52,350 crore raised during the same period in 2023. This represents a staggering 131% year-on-year growth, reflecting the favourable stock market environment.
| Year | Amount (Rs. ₹) | No. of Issues |
| 2006-07 | 4963 | 25 |
| 2007-08 | 25770 | 38 |
| 2008-09 | 189 | 2 |
| 2009-10 | 41968 | 67 |
| 2010-11 | 24550 | 47 |
| 2011-12 | 1713 | 11 |
| 2012-13 | 10818 | 14 |
| 2013-14 | 9402 | 6 |
| 2014-15 | 28429 | 44 |
| 2015-16 | 19358 | 20 |
| 2016-17 | 13671 | 22 |
| 2017-18 | 62520 | 52 |
| 2018-19 | 10489 | 13 |
| 2019-20 | 51216 | 13 |
| 2020-21 | 81738 | 31 |
| 2021-22 | 28532 | 29 |
| 2022-23 | 9019 | 11 |
| 2023-24 | 71343 | 65 |
| 2024-25 (as on 30/11/24) | 111719 | 70 |
| Total | 607407 | 580 |
Several notable companies contributed to this record-breaking year, raising substantial funds through QIPs:
State-owned Punjab National Bank, along with private players like JSW Energy and Prestige Estates Projects, also raised significant funds to bolster their financial reserves.
The resurgence of QIPs in 2024 is noteworthy, considering the sharp dip in 2022-23 when fundraising through this route hit almost a decade low. Factors such as market volatility and high valuations dampened activity that year. However, the rally in 2024 underscores a robust inflow of capital, driven by the growing influence of domestic investors and retail participation in equity markets.
As the calendar year draws to a close, the momentum in QIP fundraising shows no signs of slowing. Companies like Torrent Power, Bharat Forge, Senco Gold, and Sammaan Capital are collectively expected to raise over ₹8,000 crore in December.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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