Indian companies’ fundraising via IPOs, debt soars to new high in FY25, despite market volatility

Fundraising by Indian corporates touched a record high in fiscal 2024-25, with Rs 3.71 lakh crore being raised through the equity route and Rs 11.12 lakh crore from the debt market.

During the ongoing financial year, fund mobilisation through public equity increased by 92 per cent to Rs 3,71,460 crore, compared to Rs 1,90,104 crore in the year-ago period, according to Prime Database.

“If rights issues of Rs 16,167 crore (including of Infrastructure investment trust (InvIT)/ Real estate investment trusts (ReITs) were to be added, the overall equity fund raising nearly touched Rs 3.88 lakh crore in 2024-25,” said Pranav Haldea, managing director, PRIME Database Group.

Fundraising through debt also reached an all-time high of Rs 11,12,375 crore (including of InvITs/ReITs). Out of this, Rs 11,04,331 crore was raised via private placement of debt and Rs 8,044 crore through public bonds.