JPMorgan sees India share sale boom reaching $30 billion in 2024

Indian companies are expected to raise at least $30 billion annually through share sales in 2024 and beyond, according to JPMorgan Chase & Co. This comes as companies and their shareholders are increasingly willing to tap into the market for funding. Sales of additional shares in listed Indian companies have already exceeded $10 billion this year, and the momentum is expected to continue.

Sep 18, 2023 - 11:30
JPMorgan sees India share sale boom reaching $30 billion in 2024
Indian companies are expected to raise at least $30 billion annually through share sales in 2024 and beyond, according to JPMorgan Chase & Co. This comes as companies and their shareholders are increasingly willing to tap into the market for funding. Sales of additional shares in listed Indian companies have already exceeded $10 billion this year, and the momentum is expected to continue.