Business

Indian Companies Achieve Record Fundraising through Equity and Debt in FY25: Report

Published

11 months ago

March 28, 2025

According to a report released on Thursday by PRIME Database, Indian companies achieved unprecedented fundraising levels through equity and debt in the financial year 2024-25, despite facing market volatility.
Public equity fundraising skyrocketed by 92% to a total of Rs 3.71 lakh crore. When including rights issues, the overall fundraising approached Rs 3.88 lakh crore. In the debt sector, fundraising also reached a record high, amounting to Rs 11.12 lakh crore, largely driven by private placements.

The IPO market demonstrated remarkable resilience, with 78 companies collectively raising Rs 1.62 lakh crore through mainboard IPOs—marking the highest annual fundraising to date. This figure represents more than 2.5 times the Rs 61,922 crore amassed in the previous financial year. Hyundai Motor India Limited topped the list with the largest IPO of Rs 27,859 crore, followed closely by Swiggy at Rs 11,327 crore and NTPC Green Energy at Rs 10,000 crore.

The pipeline for IPOs remains robust, with 49 companies already granted SEBI approval to raise Rs 84,000 crore, and an additional 67 awaiting clearance for Rs 1.02 lakh crore. New-age tech firms made a notable revival, with eight companies collectively raising Rs 21,438 crore, up significantly from Rs 3,040 crore in 2022-23 and Rs 5,544 crore in 2021-22.

Investor sentiment remained strong; 56 IPOs saw subscriptions exceeding 10 times, with 33 receiving over 50 times. Retail investor engagement also surged, with the average number of applications rising to 21.33 lakh in 2024-25, compared to 13.15 lakh the previous year.

IPO listings yielded substantial returns, with the average gain increasing to 30% from 29% the prior year. Almost 46 IPOs continued to trade above their issue price, providing an average return of 15% despite market corrections in the latter half of the year.

Foreign portfolio investors were integral to IPO allocations, representing 16% through anchor investments, and mutual funds accounted for 13%. Overall, Qualified Institutional Buyers (QIBs) captured 67% of the total public issue amount.

The SME IPO sector also experienced considerable growth, with 235 small and medium enterprises raising Rs 9,133 crore, reflecting a 53% increase from the previous year. Retail investors showed strong interest in SME IPOs, achieving an average oversubscription of 233 times.

Additionally, Offer-for-sale (OFS) transactions rose by 29% to Rs 30,741 crore, with government divestments contributing Rs 4,359 crore. Qualified Institutional Placements (QIPs) saw significant growth as well, with 91 companies raising Rs 1.43 lakh crore. Debt fundraising remained resilient, with Rs 8,044 crore raised through public bonds, although most debt issuance was conducted through private placements.

Business

Key Rules for Transferring Inherited Property

Published

3 weeks ago

February 15, 2026

Namma Kudla

Business : After the death of parents, legal heirs are eligible to inherit their property. However, certain procedures must be followed before the transfer is completed in India.

Heirs must file the deceased person’s income tax return for the year of death and pay any pending taxes. There is no estate tax on inherited property in India, but any income earned from it, such as rent or interest, is taxable.

If the property is sold, capital gains tax will apply based on the difference between the original purchase price and the selling price. Clearing any outstanding loans linked to the property is also mandatory.

Important documents such as the will, succession certificate, death certificate, and property valuation report should be kept ready to ensure a smooth transfer process.

Business

Does Bank Open Or close on February 14 in India?

Published

3 weeks ago

February 13, 2026

Namma Kudla

New Delhi: Banks across India will remain closed on February 14 as it falls on the second Saturday of the month. The holiday is part of the official schedule released by the Reserve Bank of India, which requires banks to shut on the second and fourth Saturdays and all Sundays.

Customers are advised to finish important financial tasks early to avoid last-minute trouble. Every year, the RBI publishes a holiday calendar that lists national holidays, regional festivals, and other scheduled closures.

In February, banks in some states will also close for regional occasions such as the birth anniversary of Chhatrapati Shivaji Maharaj and Statehood Day in Mizoram and Arunachal Pradesh.

Even though bank branches will remain closed, digital services like ATMs, internet banking, and UPI will continue to work normally.

Business

India May Buy More Oil From Venezuela Instead of Russia

Published

1 month ago

January 31, 2026

Namma Kudla

Business : The United States has told India that it can soon resume buying oil from Venezuela.The suggestion is part of a U.S. effort to reduce India’s dependence on Russian crude oil.

This pitch comes as India plans to cut Russian oil imports by several hundred thousand barrels per day in the coming months. Under the Trump administration, the United States had imposed a 25 % tariff on countries that bought Venezuelan oil, including India.

Now, the U.S. wants India to resume Venezuelan oil purchases to help diversify India’s energy sources. The United States is also trying to reshape energy ties with India as part of broader diplomatic engagement.

Venezuela’s interim president Delcy Rodríguez said she agreed with India on energy cooperation in a recent phone call with Prime Minister Narendra Modi. PM Modi said both sides agreed to deepen their partnership and expand cooperation in all areas.

Venezuela has the world’s largest proven oil reserves. Recently, Venezuela opened its oil sector to private investment to attract foreign capital and boost production.

India was one of the major buyers of Russian crude after the Ukraine war began in 2022. But India is now seeking alternative suppliers as part of its energy strategy.