7 IPOs worth ₹14,000 crore lined up before February end: Report
The Indian initial public offering (IPO) market is expected to witness a flurry of activity in the coming weeks, with seven companies planning to launch their 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 respective IPOs. This development is significant, as it indicates a renewed interest in the Indian IPO market, which has been witnessing a slowdown in recent times.
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 its revenue increasing by over 50% in the last fiscal year. Fractal Analytics’ IPO is expected to be a highly sought-after issue, given the company’s strong growth prospects and the increasing demand for AI and analytics services.
Aye Finance, a non-banking financial company (NBFC) that provides loans to small and medium-sized enterprises (SMEs), is also expected to raise around ₹2,000 crore through its IPO. The company has been expanding its operations rapidly, with its loan book growing by over 100% in the last fiscal year. Aye Finance’s IPO is expected to be a key milestone for the company, as it looks to further expand its operations and increase its market share.
The other companies in the pipeline, including Indo MIM, CleanMax Enviro Energy Solutions, Gaja Alternative Asset Management, Skyways Air Services, and PNGS Reva Diamond, are also expected to raise significant amounts through their respective IPOs. Indo MIM, a leading manufacturer of metal injection molding (MIM) components, is expected to raise around ₹1,500 crore, while CleanMax Enviro Energy Solutions, a renewable energy company, is expected to raise around ₹1,000 crore.
Gaja Alternative Asset Management, an alternative investment firm, is expected to raise around ₹500 crore, while Skyways Air Services, an aviation company, is expected to raise around ₹300 crore. PNGS Reva Diamond, a diamond manufacturer and exporter, is expected to raise around ₹200 crore.
The upcoming IPOs are expected to provide a boost to the Indian stock market, which has been witnessing a slowdown in recent times. The IPO market has been affected by the ongoing economic slowdown, as well as the COVID-19 pandemic, which has impacted investor sentiment. However, with the economy showing signs of recovery, and investor sentiment improving, the IPO market is expected to witness a pickup in activity.
The upcoming IPOs are also expected to provide an opportunity for investors to invest in some of the fastest-growing companies in India. The companies that are planning to launch their IPOs have strong growth prospects, and are expected to benefit from the increasing demand for their products and services.
In conclusion, the Indian IPO market is expected to witness a flurry of activity in the coming weeks, with seven companies planning to launch their IPOs before the end of February 2026. The upcoming IPOs are expected to provide a boost to the stock market, and provide an opportunity for investors to invest in some of the fastest-growing companies in India.