Year 2021 was another great year for fund-raising through equities. A total of Rs 1.8 trillion was raised through initial public offerings (IPOs), qualified institutional placements (QIPs), and rights issues, against the Rs 1.7 trillion raised in the previous year.
Funds raised through IPOs quadrupled, while those from rights issues and QIPs reduced. Last year, Rs 1.7 trillion was raised through equities (IPOs, QIPs, and rights issues combined); Rs 1.44 trillion came from QIPs and rights issues.
This year, Rs 1.8 trillion came from IPOs. Funds raised through IPOs was almost double the previous best of Rs 68,827 crore raised in 2017.