National Stock Exchange Sets Global Record with Raising Highest Equity Capital of Rs 1.67 lakh crores and Listing 268 IPOs, the Highest in Asia in 2024

In 30 years NSE’s market capitalisation has increased 114 times from Rs 4 lakhs crore to Rs 438.9 lakh crore (USD 5.13 trillion).

National Stock Exchange (NSE) announces a significant achievement: 268 successful IPOs across Mainboard (90) and SME (178) in the calendar year 2024 raised Rs 1.67 lakh crores. This marks the highest number of IPOs recorded in any calendar year, demonstrating the growing confidence of investors in India's capital markets.

In CY 2024, there were a total of 1145 IPOs raised globally compared to 1,271 in the year before (2023). India led the chart with NSE facilitating 268 companies going for IPOs, raising total fundraising of approximately Rs 1.67 lakh crores (USD 19.5 bn) (including the largest IPO in India and second largest IPO globally of USD3.3bn of Hyundai Motor India Ltd.). This comprises both Main Board and SME listings, 90 companies (excluding REiTS, InVITS, and FPOs) listed on the Main Board, raising over  Rs1.59 lakh crore (USD18.57 bn), while 178 SMEs collectively raised around Rs 7,349 crore (USD 0.86 bn),. This increase in activity reflects a robust interest from investors and a trend among companies to  seek public capital for growth.

Shri Sriram Krishnan, Chief Business Development Officer (CBDO), NSE stated that, "The record number of IPOs during this calendar year highlights the resilience and potential of the Indian economy. Companies across various sectors are recognizing the value of public markets to support their growth strategies. Infact, the data suggests that NSE has alone done more number of IPOs than other top exchanges in Asia which includes the IPOs Japan’s (Japan Exchange Group), Hong Kong’s (Hong Kong Stock Exchange), and China’s (Shanghai Stock Exchange) have done cumulatively. Further NSE has facilitated highest amount of Fund raise through IPOs in CY2024 of USD17.3 Bn vis a vis other Global exchanges like NYSE of USD 15.9 bn, and Shanghai Stock Exchange USD 8.8 Bn”.

The below table highlights the impressive performance as NSE has visa vis other top exchanges in Asia which includes, Japan’s (Japan Exchange Group), Hong Kong’s (Hong Kong Stock Exchange), and China’s (Shanghai Stock Exchange). Additionally, the data illustrates Funds raised in IPOs (USD bn) by the top 5 stock exchanges. This reflects that India’s NSE has achieved remarkable growth in terms of the number of listings & funds raised vis a vis other major global exchange.

*Based on RBI reference rate of 85.62 for USD-INR as on December 31,2024

As we look toward 2025, NSE remains committed to strengthen its platform for higher capital raising and supporting businesses at various stages of their growth journey.

In 30 years NSE’s market capitalisation has increased 114 times from Rs 4 lakhs crore to Rs 438.9 lakh crore (USD 5.13 trillion). NSE is the largest stock exchange in the world processing around 20 billion orders & 285 million transactions on certain days. NSE has nearly 11 crore unique registered investors & over 20 crore accounts from 99.8 per cent of PIN codes in India.

Disclaimer: The article is for informational purposes only and not investment advice.