After a quiet start to 2025, the initial public offering (IPO) market is showing renewed activity, with six main-board companies gearing up to launch their share sales this month to collectively raise more than Rs 11,000 crore, investment banking sources said on Monday.Among the firms preparing to go public is Schloss Bangalore Ltd, owner of the luxury hotel chain The Leela. The other companies include Borana Weaves, Belrise Industries, Aegis Vopak Terminals, ArisInfra Solutions Ltd, and Scoda Tubes, as news agency PTI reported.Of these, Borana Weaves will open its Rs 144-crore IPO on May 20, while Pune-based Belrise Industries is set to launch its Rs 2,150-crore issue on May 21.The remaining four companies – Schloss Bangalore Ltd, Aegis Vopak Terminals, ArisInfra Solutions Ltd, and Scoda Tubes – are expected to file their IPO documents next week. “Moreover, the firms will announce their price bands this week,” the investment banking sources said.In total, these six IPOs aim to raise Rs 11,669 crore.The rebound in IPO activity comes after a significant slowdown in early 2025. Only 10 companies have launched IPOs so far this year, largely due to market volatility stemming from global and domestic uncertainties.This is in contrast to the strong IPO performance in 2024, when 91 companies went public, raising a combined Rs 1.6 lakh crore, buoyed by “robust retail participation, a resilient economy, and booming private capital expenditure.”Despite the current moderation in listings, the pipeline remains strong. “An impressive number of documents are getting filed and waiting for market conditions to stabilize,” the report noted.According to the Axis Capital IPO Market Update (May 2025), 57 companies have received final observations from the Securities and Exchange Board of India (Sebi), while another 74 are awaiting approval.The upcoming IPOs span diverse sectors including solar and renewables, co-working spaces, pharma and healthcare, electrical and cable products, manufacturing, chemicals, real estate, Indian subsidiaries of global MNCs, and even the film and entertainment industry.For Schloss Bangalore, the IPO will consist of a fresh issue of shares worth Rs 3,000 crore and an offer-for-sale (OFS) of Rs 2,000 crore by promoter Project Ballet Bangalore Holdings (DIFC) Pvt Ltd, as per draft documents.Aegis Vopak Terminals, a unit of Aegis Logistics Ltd, plans to raise Rs 3,500 crore via a fresh equity issue. Meanwhile, ArisInfra Solutions Ltd, which provides tech-enabled construction materials, is targeting Rs 600 crore from its IPO, and Scoda Tubes, based in Gujarat, will float a fully fresh issue worth Rs 275 crore.