This year, QIP fund raising has exceeded Rs 1 lakh crore for the first time in a calendar year, indicating a strong trend in the market.
Analysts predict that QIP collections for this year may surpass those from IPOs, with one month remaining in 2024.
In 2023, 45 companies successfully raised approximately Rs 52,350 crore through QIPs, a significant increase from the Rs 11,743 crore raised by 14 companies in 2022.
This surge demonstrates the growing preference among firms for QIPs as a method of capital raising, reflecting their confidence in market conditions and investor demand.