The primary market may witness renewed activity as up to seven companies are preparing to launch their initial public offerings before the end of February, aiming to collectively raise around Rs 14,000 crore.
Market sources indicate that the upcoming IPO pipeline includes well-known names such as Fractal Analytics, Aye Finance, Indo MIM, Clean Max Enviro Energy Solutions, Gaja Alternative Asset Management, Skyways Air Services, and PNGS Reva Diamond.
Fractal Analytics has already confirmed its IPO timeline, with the issue scheduled to open on February 9 and close on February 11. The company plans to raise over Rs 2,800 crore through a mix of fresh issue and offer-for-sale.
Aye Finance is also expected to open its IPO during the same period, targeting a fundraise of nearly Rs 1,000 crore. Meanwhile, Indo MIM is likely to be the largest issue in the pipeline, with an estimated size of around Rs 5,500 crore.
Clean Max Enviro Energy Solutions may follow with an IPO of approximately Rs 3,600 crore, while the remaining companies are expected to raise between Rs 350 crore and Rs 650 crore each.
Despite volatility in equity markets, easing global uncertainties could improve investor sentiment. So far in 2026, only a handful of IPOs have been launched, making the upcoming weeks crucial for the primary market.
Disclaimer: Market information is based on publicly available sources and estimates.