QIP
Indian companies raised a record of Rs 1.33 lakh crore through the institutional allocation (QIP) eligible during the stock markets in FY 2024-25. The Prime database said on the basis of compiled data that Indian companies have raised Rs 1,33,251 crore in this financial year through QIP, which is 87 percent more than Rs 71,306 crore raised in FY 2023-24. According to the data, 85 companies have entered the capital market by issuing QIPs by 31 March, 2025, while only 64 companies did so during the last financial year. QIP is a way to raise funds through which a listed company raises money from the market by selling its shares or other securities.
Broken record so far
Analysts said the companies took advantage of the fast growing equity markets for strengthening the bookkeeping and expanding funds. Neha Aggarwal, managing director of JM Financial and head of equity capital market, said, “FY 2024-25 has raised the highest QIP funds in the history of the Indian capital market so far, which is the highest in both quantity and value.” Aggarwal credited the bounce in QIP to the widespread trend of companies to strengthen their bookkeeping, inspired by the rapidly growing capital market. QIP is one of the most quick products to raise funds from institutional investors. It is designed for listed firms and investment trusts. For this, companies do not need to apply any issue in front of market regulators.
Godrej Properties raised 6,000 crores
Vedanta Group and Jomato are at the forefront of raising records QIP funds. Each of these companies raised Rs 8,500 crore. After him, Adani Energy Solutions and Varun Beverages raised Rs 8,373 crore and Rs 7,500 crore respectively. During the financial year 2024-25, Promotion Mother’s International through QIP has raised Rs 6,438 crore, Godrej Property has also raised Rs 6,000 crore and Presties Estates Projects also raised Rs 5,000 crore.
Banks are not even behind
Apart from these, public sector lender Punjab National Bank, Bank of Maharashtra, UCO Bank, Indian Overseas Bank, Central Bank of India and Punjab and Sindh Bank also collectively raised capital of more than Rs 14,000 crore. JSW Energy, Brookfield India Real Estate Trust, Torrent Power and Bharat Forge were also among the companies that raised capital from the QIP route to strengthen their financial reserves. Language Prem Prem 3003 1806 Delhi Nananan
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