The 2025 IPO season is nothing short of a phenomenon, propelled by Indian retail investors who have collectively committed around ₹42,000 crore to mainboard IPOs—marking a stunning threefold increase since 2023. The trend also extends into mutual funds, energized by a wave of SIP investments, signaling a robust engagement from retail participants in the equity arena.
Source: India’s IPO juggernaut runs on retail investor firepower
