Business Standard-Real estate firms dominate QIP market in 2024, raise Rs 22,320 cr: Report
Real estate companies dominated the qualified institutional placement (QIP) market in 2024 by raising Rs 22,320 crore, according to data provided by Anarock Research.
Overall, Indian companies raised Rs 141,482 crore through 99 QIPs in the year – a record. QIPs fundraising across sectors increased by 75 per cent over the previous record of Rs 80,816 crore in 2020.
Real estate had nine QIPs in 2024, accounting for 16 per cent of total funds.
