Companies flock to public markets as IPO fundraising jumps 19% to nearly Rs 62,000 cr in FY24

While FY24 saw firms from varied sectors tapping the IPO market, BFSI had a limited presence, with just Rs 9,655 crore being raised by companies from this sector. This accounts for about 18% of the total IPO fundraising, compared with 51% in FY23.