India's IPO Market Raises ₹1.71 Lakh Crore in 2024, OFS Component Dominates at 63%
Published on: Dec. 24, 2025, 9:05 p.m. | Source: scanx.trade
India's IPO market raised ₹1.71 lakh crore in 2024, up 7% from ₹1.59 lakh crore previously, driven by record retail and institutional participation. However, offer-for-sale transactions dominated at ₹1.07 lakh crore (63% of total), increasing 13% year-on-year, while fresh capital remained static at ₹64,031 crore. Major OFS deals included Tata Capital (₹15,512 crore) and HDB Financial Services (₹12,500 crore), primarily facilitating investor exits rather than funding business expansion.
