CY24 sees 91 QIPs, 7 deliver over 100% returns on issue prices

In CY24, QIPs have seen a significant surge, with a record Rs 1,292 billion raised through 91 QIPs (2.5 times the amount raised in CY23, which had 43 QIPs). This total has already surpassed the previous year's figure of Rs 523 billion and sets a new record, surpassing the peak of Rs 805 billion reached in CY20, according to Motilal Oswal research report. Capital Boom