The Indian IPO market experienced a slowdown in April and May, with only two mainboard IPO launches in April and none in May. This lull was primarily due to geopolitical tensions, volatile market conditions, and concerns over valuations, which prompted several companies to defer their listing plans. However, the IPO calendar for June shows signs of selective revival, suggesting cautious optimism among issuers and investors. Market participants are closely monitoring the evolving economic and geopolitical landscape as they evaluate upcoming IPO opportunities. This selective revival reflects a more measured approach to public listings amid ongoing uncertainties. The improving June calendar follows a lull that saw only two mainboard IPO launches in April and none in May, as geopolitical tensions, volatile markets and valuation concerns prompted several issuers to defer listing plans.