Real estate developers in India raised Rs 12,801 crore through QIP issuances between January and September 2024, making it the second highest contributor after renewable energy.
The data, analyzed by Anuj Puri, Chairman of ANAROCK Group, highlights the increasing importance of real estate in the QIP landscape, indicating strong investor interest in the sector.
Renewable energy was the top contributor with a 19 percent share, amounting to Rs 14,425 crore. Metals, Automotive and Transport, and Manufacturing also made significant contributions at 15 percent, 10 percent, and 9 percent respectively.
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