Mumbai, 31 December (IANS). 2024 was historic for the Indian stock market. Meanwhile, the market cap of the National Stock Exchange (NSE) has increased by 21 percent on an annual basis to Rs 438.9 lakh crore ($ 5.13 trillion) by December 31, 2024, which will be Rs 361.05 lakh crore ($ 4.34 trillion) on December 29, 2023. ) Was.
Data released by NSE on Tuesday showed that a total of 301 companies have been listed on NSE in 2024. Of these, 90 were mainboard and 178 were SME companies. At the same time, direct listing of 33 companies has taken place.
IPO of 90 mainboard companies came in 2024. All these companies have together raised an amount of Rs 1.59 lakh crore. The average IPO size among mainboard companies was Rs 1,772 crore. The biggest IPO this year was launched by Hyundai Motor India. Its size was Rs 27,859 crore. The smallest IPO of Rs 72 crore was offered by Vibhor Steel Tubes.
This year, 178 SME companies have raised Rs 7,348 crore through IPO. The average size of SME IPOs was Rs 41 crore. The largest SME IPO was launched by Danish Power. Its issue size was Rs 198 crore.
The smallest SME IPO of the year was offered by HOAC Foods India Limited. Its size was Rs 6 crore. In 2024, Nifty-50 has given a return of 8.8 percent on annual basis.
Its value after the close of trading on December 31, 2024 was 23,645, which was 21,731 on December 29, 2023.
Among NSE indices, Nifty Next 50 index has given the highest return of 27.4 percent. Whereas, Nifty Smallcap 50 and Nifty Midcap 50 have given returns of 25.3 percent and 21.5 percent respectively.
The market cap to GDP ratio of NSE was 145 per cent as on December 31, 2024, which stood at 117 per cent on December 29, 2023, showing an increase of 29 per cent.
–IANS
ABS/ABM
