Indian Real Estate IPOs Surge, Raising Over ₹13,500 Crore by October 2024
In 2023, the Indian real estate sector saw five initial public offerings (IPOs) that collectively raised ₹6,900 crore. However, by October 2024, the number of real estate IPOs has more than doubled, with 7 IPOs raising a total of ₹13,500 crore, reflecting
Real Estate IposIndian Real EstateBseMarket SentimentColliersReal Estate NewsOct 30, 2024
The overall market sentiment has been positive, with 123 fresh issues, including both mainboard and SME IPOs, hitting the market by October 20, 2024. This surpasses the total number of 120 IPOs in 2023. Real estate, which contributes around 7.3% to India’s GDP, has seen a marked uptick in IPO activity. Since 2021, the bourses have witnessed 21 real estate IPOs, a significant increase from the 11 IPOs recorded during 2017-2020.
Frequently Asked Questions
How many real estate IPOs were there in 2024 by October, and how much capital was raised?
By October 2024, there were 7 real estate IPOs that collectively raised a total of ₹13,500 crore.
What is the contribution of real estate to India's GDP?
Real estate contributes around 7.3% to India’s GDP.
What is the trend of real estate IPOs since 2021?
Since 2021, the bourses have witnessed 21 real estate IPOs, which is a significant increase from the 11 IPOs recorded during 2017-2020.
Which segment of the real estate market has seen the highest increase in funds raised through IPOs?
Housing finance institutions (HFCs) have seen the highest increase in funds raised through IPOs, attracting 46% of the capital raised during 2021-2024.
What is the role of Colliers in the real estate market?
Colliers is a leading global real estate services and investment management firm that provides comprehensive solutions, including market analysis, investment advisory, and property management services.
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