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Companies have achieved another milestone in raising funds through Initial Public Offering (IPO) in the Indian stock market. Companies have raised a record Rs 1.6 lakh crore from IPO in 2024. While there are many more IPOs in the pipeline for next year. This year Hyundai Motor India's historic IPO came, which was the largest IPO in the history of the country, raising Rs 27,870 crore. In 2024, large, mid and small companies with different market caps took advantage of the IPO route. The average issue size increased from Rs 867 crore in 2023 to over Rs 1,700 crore in 2024.

At least 15 IPOs were launched in December alone this year. V. Prashant Rao, Director and Head (ECM), Investment Banking, Anand Rathi Advisors, said, "Increasing retail participation, strong domestic inflows and active participation of FPIs, increase in private capex and the government's strategic focus on infrastructure and key sectors have collectively created a strong foundation for fund raising momentum in India."

Record will be made in the new year Market analysts say that the pace of fund raising is expected to accelerate further in the new year, possibly surpassing the record figures of 2024. Munish Aggarwal, Managing Director and Head of Equity Capital Markets, Equirus, said, "Based on 75 IPO documents that are in various stages of approval/marketing and deal pipelines, we expect issuance activity to cross Rs 2.5 lakh crore in 2025." Many big IPOs will come in 2025 The IPO pipeline for next year includes HDB Financial Services' proposed Rs 12,500 crore issue, LG Electronics India's Rs 15,000 crore public issue and Hexaware Technologies' Rs 9,950 crore issue. According to data available with the exchanges, 90 median public issues were launched in 2024, raising a total of Rs 1.6 lakh crore. This includes eight IPOs ending on December 23-24. Apart from this, Unimec Aerospace & Manufacturing's Rs 500 crore IPO is going to open on December 23.

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