New Delhi, Dec. 17 -- Although 2025 has been a year of heightened volatility for the Indian stock market, the initial public offering (IPO) segment has continued to ride a strong capital-raising wave.

Companies ranging from tech startups and fintech firms to renewable energy businesses have tapped Dalal Street to expand the scale of their operations. Many issues that were earlier put on hold amid tariff-related tensions have also joined the lineup in recent months, turning 2025 into another blockbuster year for mainboard IPOs.

Remarkably, the majority of the issues have received a strong investor response. Even big-ticket IPOs, which typically struggle to attract attention, have seen robust demand, flipping the usual script.

Retail inv...