India's equity fundraising hits nearly Rs 4 lakh cr in 2024, driven by 3x jump in IPO proceeds

Indian equity fundraising hit a record ₹3.99 lakh crore in 2024, driven by robust IPO activity, including Hyundai's ₹27,859 crore debut. Retail participation soared, with 65 IPOs outperforming issue prices and average listing gains at 30.25%.