National Stock Exchange IPO Performance in 2024
The National Stock Exchange (NSE) achieved a significant milestone in the calendar year 2024 (CY24) by hosting the highest number of initial public offerings (IPOs) in Asia.
IPO Statistics
- Total Listings: 268 across both mainboard and SME platform.
- Mainboard Listings: 90.
- SME Platform Listings (NSE's Emerge): 178.
- Total Funds Raised: Rs 1.67 trillion.
Key IPO Highlights
- Largest IPO: Hyundai Motor India's IPO, raising $3.3 billion.
- Global Comparison: The Hyundai IPO was the largest in India and the second-largest globally.
Global IPO Landscape
- Total Global IPOs in CY24: 1,145, compared to 1,271 in the previous year.
- NSE outperformed other top Asian exchanges in IPO numbers, including Japan Exchange Group, Hong Kong Stock Exchange, and Shanghai Stock Exchange.
International Fundraising Figures
- Nasdaq: $16.5 billion.
- NYSE: $15.9 billion.
- Hong Kong Stock Exchange: $10.4 billion.
- Shanghai Stock Exchange: $8.8 billion.