Around 52 mainboard IPOs have been listed on the exchanges so far in 2025. Of these, 39 are currently trading in the green, while 13 are in the red, resulting in an average return of 21.31%, according to data from Trendlyne. We are highlighting the top 10 IPOs that have delivered impressive gains ranging from 50% to 115% over their issue price — with 3 of them emerging as multibaggers.
