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CY24 sees 91 QIPs, 7 deliver over 100% returns on issue prices

Capital Boom
iStock
1/8
Capital Boom
In CY24, QIPs have seen a significant surge, with a record Rs 1,292 billion raised through 91 QIPs (2.5 times the amount raised in CY23, which had 43 QIPs). This total has already surpassed the previous year's figure of Rs 523 billion and sets a new record, surpassing the peak of Rs 805 billion reached in CY20, according to Motilal Oswal research report.
Coforge
ETMarkets.com
2/8
Coforge
Bid Close Date: 28-May-24
Amount raised: Rs 22.4 billion
Issue Price: Rs 4,600
Close Price on December 17, 2024: Rs 9,402
Price Change from Issue Price: 104%
Anant Raj
Agencies
3/8
Anant Raj
Bid Close Date: 18-Jan-24
Amount raised: Rs 5 billion
Issue Price: Rs 296
Close Price on December 17, 2024: Rs 805
Price Change from Issue Price: 172%
Wockhardt
ETMarkets.com
4/8
Wockhardt
Bid Close Date: 26-Mar-24
Amount raised : Rs 4.8 billion
Issue Price: Rs 518
Close Price on December 17, 2024: Rs 1,482
Price Change from Issue Price: 186%
Ganesha Ecosphere
ETMarkets.com
5/8
Ganesha Ecosphere
Bid Close Date: 2-Feb-24
Amount raised: Rs 3.5 billion
Issue Price: Rs 995
Close Price on December 17, 2024: Rs 2,255
Price Change from Issue Price: 127%
Shakti Pumps
Agencies
6/8
Shakti Pumps
Bid Close Date: 22-Mar-24
Amount raised : Rs 2 billion
Issue Price: Rs 202
Close Price on December 2024: Rs 966
Price Change from Issue Price: 380%
eMudhra
ETMarkets.com
7/8
eMudhra
Bid Close Date: 17-Jan-24
Amount raised : Rs 2 billion
Issue Price: Rs 422
Close Price on December 17, 2024: Rs 983
Price Change from Issue Price: 133%
Eraaya Lifespace
ETMarkets.com
8/8
Eraaya Lifespace
Bid Close Date: 13-Aug-24
Amount raised: Rs 2.5 billion
Issue Price: Rs 76
Close Price on December 17, 2024: Rs 150
Price Change from Issue Price: 97%
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