7 IPOs worth ₹14,000 crore lined up before February end: Report
The Indian primary market is set to witness a flurry of activity in the coming weeks, with seven companies planning to launch their initial public offerings (IPOs) before the end of February 2026. According to a report by Moneycontrol, these companies are aiming to raise a total of approximately ₹14,000 crore through their IPOs. This is a significant development, as it indicates a strong appetite for fundraising among Indian companies, as well as a renewed interest in the IPO market.
The pipeline of upcoming IPOs includes some notable names, such as Fractal Analytics, Aye Finance, Indo MIM, CleanMax Enviro Energy Solutions, Gaja Alternative Asset Management, Skyways Air Services, and PNGS Reva Diamond. Among these, Fractal Analytics and Aye Finance are scheduled to open on February 9, marking the beginning of a busy IPO season.
Fractal Analytics, a leading provider of artificial intelligence and analytics solutions, is expected to raise around ₹2,500 crore through its IPO. The company has been growing rapidly in recent years, with a strong focus on innovation and customer satisfaction. Its IPO is likely to generate significant interest among investors, given the company’s strong track record and growth prospects.
Aye Finance, a non-banking financial company (NBFC) that provides loans to small and medium-sized enterprises (SMEs), is also scheduled to launch its IPO on February 9. The company is aiming to raise around ₹1,500 crore through its IPO, which will be used to expand its operations and strengthen its balance sheet. Aye Finance has been expanding its reach in recent years, with a focus on providing financial services to underserved segments of the economy.
Indo MIM, a leading manufacturer of metal injection molding (MIM) components, is another company that is planning to launch its IPO in the coming weeks. The company has a strong presence in the global MIM market, with a diverse range of products and services. Its IPO is expected to raise around ₹1,000 crore, which will be used to fund its expansion plans and reduce debt.
CleanMax Enviro Energy Solutions, a leading provider of renewable energy solutions, is also planning to launch its IPO soon. The company has a strong focus on sustainability and environmental responsibility, with a range of products and services that help reduce carbon emissions and promote energy efficiency. Its IPO is expected to raise around ₹1,200 crore, which will be used to expand its operations and invest in new technologies.
Gaja Alternative Asset Management, a leading alternative investment manager, is another company that is planning to launch its IPO in the coming weeks. The company has a strong track record of delivering returns to its investors, with a focus on alternative assets such as private equity and real estate. Its IPO is expected to raise around ₹500 crore, which will be used to expand its operations and invest in new opportunities.
Skyways Air Services, a leading provider of air transportation services, is also planning to launch its IPO soon. The company has a strong presence in the Indian aviation market, with a range of services that include charter flights, cargo transportation, and aircraft maintenance. Its IPO is expected to raise around ₹800 crore, which will be used to expand its operations and invest in new aircraft.
Finally, PNGS Reva Diamond, a leading manufacturer of diamond jewelry, is planning to launch its IPO in the coming weeks. The company has a strong presence in the global diamond market, with a range of products that are known for their quality and craftsmanship. Its IPO is expected to raise around ₹300 crore, which will be used to expand its operations and invest in new marketing initiatives.
Overall, the upcoming IPO season is expected to be a busy one, with a range of companies from different sectors planning to raise funds through the primary market. While there are risks associated with investing in IPOs, the strong pipeline of upcoming listings is a positive sign for the Indian economy, indicating a renewed interest in fundraising and growth among Indian companies.
In conclusion, the Indian IPO market is set to witness a flurry of activity in the coming weeks, with seven companies planning to launch their IPOs before the end of February 2026. With a total fundraising target of around ₹14,000 crore, these IPOs are expected to generate significant interest among investors, given the strong growth prospects and track records of the companies involved.