Upcoming IPOs, June 27 -- The primary market is abuzz with 12 initial public offers (IPOs) underway on Dalal Street, signalling a revival after a subdued trend in the initial few months of 2025.

It was only in May that the IPO market saw any decent activity, following the launch of the much-awaited Ather Energy IPO towards the end of April. Since then, some 15 mainboard IPOs have already hit the primary market, with another two set to open in the first week of July.

The revival in the IPO market coincided with the strength returning to Indian stock market bulls, amid improving macro trends, strong retail and strong institutional participation. A good monsoon and RBI's rate cut action are also supportive of the market and liquidity, driv...