QIP fundraising in calendar year crosses ₹1-lakh-cr for 1st time in 2024

Qualified institutional placements (QIPs) fundraising has reached an all-time high in 2024, surpassing the ₹1 lakh-crore mark for the first time in a calendar year. In 2024, 82 companies have raised around ₹1.23 lakh crore through QIPs so far. In 2023, 45 companies had raised approximately ₹52,350 crore through QIPs, as against ₹11,743 crore raised by 14 companies in 2022.