Invest in Upcoming IPOs 2026: Mainboard IPOs – Everything You Need to Know
The Indian IPO market is waking up in early 2026 with two major mainboard IPOs scheduled to open in February: Fractal Analytics IPO and Aye Finance IPO. These Upcoming IPOs 2026 are attracting attention from investors of all kinds — from long‑term wealth builders to short‑term traders — because they represent two different but rapidly growing sectors: Artificial Intelligence / Analytics and NBFC / MSME finance.
In this comprehensive blog post about Indian IPOs, we’ll break down everything you need to know about these upcoming IPOs 2026 — including IPO dates, price bands, issue size, company business models, and what these mainboard IPO listings mean for the Indian capital markets. And yes — we’ll also tell you why Invest Stock Watch is your go‑to source for daily IPO updates and data.
Fractal Analytics Limited – India’s First Pure AI IPO
Key IPO Dates & Details
- IPO Open Date: February 9, 2026
- IPO Close Date: February 11, 2026
- Allotment Date: February 12, 2026 (Tentative)
- Listing Date: February 16, 2026
- Price Band: ₹857 – ₹900 per share
- Lot Size: 16 shares per application
- Minimum Investment: ₹14,400 (at ₹900)
- Issue Size: Approx. ₹2,833.9 crore
- Fresh Issue: ₹1,023.5 crore
- Offer For Sale (OFS): ₹1,810.4 crore
- Retail Quota: ~10% of total issue
- Listing Exchanges: BSE & NSE
Who Is Fractal Analytics?
Fractal Analytics is a globally recognized enterprise AI and data analytics company based in India. Founded in the year 2000, the company has grown into one of the most influential providers of AI‑driven business insights, helping large corporations make smarter decisions using advanced analytics and machine learning models. Its client list includes global tech giants and Fortune 500 companies spanning sectors like technology, retail, healthcare, consumer goods and finance.
What makes this IPO particularly noteworthy is that it will be the first IPO in India by a pure‑play AI company, adding a new growth theme to the Indian stock market’s primary issuances.
Why This IPO Matters
The Fractal Analytics IPO is not just another offering — it’s a milestone for India’s technology ecosystem. As artificial intelligence becomes a central part of global innovation, having a listed pure‑AI firm gives Indian investors direct access to tech growth stories that were previously confined to private markets.
Investors view this listing as an opportunity to ride long‑term secular growth in analytics, data science, and AI adoption worldwide. Recent market sentiment has also shown strong interest, with grey market movements signaling potential first‑day listing gains for early subscribers.
Company Financials & Outlook
Fractal Analytics has grown steadily over the years — most recently reporting improved revenues and profitability trends. The company has invested heavily in generative AI research, product innovation, and global expansion, setting it up for future earnings potential. While valuations for emerging tech companies can be volatile, the inclusion of a pure AI player on Indian stock exchanges is a strategic boost for market depth and investor choice.
Aye Finance Limited – NBFC IPO with MSME Focus
Key IPO Dates & Details
- IPO Open Date: February 9, 2026
- IPO Close Date: February 11, 2026
- Allotment Date: February 12, 2026 (Tentative)
- Listing Date: February 16, 2026
- Price Band: ₹122 – ₹129 per share
- Lot Size: 116 shares per application
- Minimum Investment: ₹14,964 (approx.)
- Issue Size: ₹1,010 crore (Approx.)
- Fresh Issue: ₹710 crore
- Offer For Sale: ₹300 crore
- Face Value: ₹2 per share
- Listing Exchanges: BSE & NSE
Who Is Aye Finance?
Aye Finance Limited is a New Delhi–based Non‑Banking Financial Company (NBFC) that specializes in providing business loans to micro, small and medium enterprises (MSMEs) across India. Since its inception in 1993, Aye Finance has built a diversified loan portfolio focusing on working capital, property loans, hypothecation loans, and other credit solutions tailored to small businesses that might not have easy access to traditional bank credit.
With a presence in more than a dozen states and a large active customer base, the company has tapped into one of India’s fastest growing credit segments — lending to underserved enterprises and micro businesses.
Why Aye Finance IPO Is Appealing
The Aye Finance IPO appeals to investors seeking exposure to the financial services sector, especially the NBFC space that supports MSME lending. As the Indian economy continues to expand, demand for accessible business credit remains robust. With strong growth in assets under management and consistent profitability trends, Aye Finance positions itself as a compelling listing for retail and institutional buyers alike.
Business Model & Growth Potential
In recent years, Aye Finance has shown solid performance growth:
- Expanding its loan portfolio across multiple states
- Leveraging data and cluster underwriting to minimize credit risk
- Targeting a growing micro‑enterprise segment that traditional banks often overlook
This growth, combined with ongoing NBFC credit expansion in India, supports the company’s long‑term potential — particularly for investors who view this IPO as a play on India’s evolving credit market.
Comparison: Fractal Analytics vs Aye Finance IPO
- Sector: Fractal Analytics is in AI & Data Analytics, while Aye Finance operates in NBFC – MSME Lending.
- Price Band: Fractal Analytics IPO is priced between ₹857–₹900, whereas Aye Finance IPO is ₹122–₹129 per share.
- Issue Size: Fractal Analytics has an approximate issue size of ₹2,833.9 crore, compared to ₹1,010 crore for Aye Finance.
- IPO Dates: Both IPOs open on February 9, 2026, and close on February 11, 2026.
- Listing Date: Both are expected to list on February 16, 2026.
- Minimum Investment: Fractal Analytics requires around ₹14,400, while Aye Finance requires approximately ₹14,964.
- Growth Theme: Fractal Analytics offers exposure to tech innovation and AI, whereas Aye Finance provides a play on financial services and MSME credit expansion.
Both IPOs open on the same dates, giving investors the choice between a technology-driven growth story and a steady financial services opportunity this IPO season.
Conclusion & What Investors Should Watch
As the primary market heats up in February 2026, these upcoming IPOs 2026 — Fractal Analytics IPO and Aye Finance IPO — showcase key trends in Indian IPOs and the mainboard IPO segment. Investors looking for IPO investment opportunities should closely monitor these listings to understand growth potential in technology and financial services sectors.
Fractal Analytics
- Represents India’s AI and tech potential
- Unique listing with focus on data science and GenAI
- Positioned for long‑term growth
- Strong corporate backing and global clientele
Aye Finance
- Tailored to MSME lending and credit expansion
- NBFC with diversified loan offerings
- Potential steady growth with household retail investor interest
Ultimately, both IPOs offer unique value propositions — one focused on cutting‑edge technology, the other on fundamental financial services. Your investment choice should align with your risk tolerance, investment horizon, and belief in the underlying business models.
Why Invest Stock Watch?
At Invest Stock Watch, we bring you daily updates on upcoming IPOs 2026, including Fractal Analytics IPO, Aye Finance IPO, and other Indian IPOs. Our coverage includes allotment data, price bands, GMP trends, and mainboard IPO listing insights so that you can make smarter IPO investment decisions. Our team works around the clock to cover every IPO — from upcoming issues to subscription status and post‑listing performance — ensuring you never miss an opportunity in India’s IPO market.
Visit our official website: https://investstockwatch.com/
Get live IPO updates, GMP alerts, allotment results, and expert insights all in one place.
Stay informed, invest wisely, and don’t miss out on India’s growing IPO opportunities!
FAQs
1. What are the opening and closing dates for Fractal Analytics IPO and Aye Finance IPO?
Both Fractal Analytics IPO and Aye Finance IPO open on February 9, 2026, and close on February 11, 2026. These are part of the upcoming IPOs 2026 schedule in India.
2. What is the price band for Fractal Analytics IPO and Aye Finance IPO?
The Fractal Analytics IPO is priced between ₹857–₹900 per share, while the Aye Finance IPO is priced between ₹122–₹129 per share.
3. How much is the minimum investment for these IPOs?
Investors need to invest a minimum of approximately ₹14,400 for Fractal Analytics IPO and around ₹14,964 for Aye Finance IPO.
4. What sectors do these IPOs represent?
Fractal Analytics IPO represents Artificial Intelligence (AI) and Data Analytics, while Aye Finance IPO focuses on NBFC services and MSME lending. Both are key sectors in the Indian market for 2026.
5. Why should investors consider these upcoming IPOs 2026?
These IPOs offer diverse investment opportunities — one in cutting-edge technology (AI) and the other in financial services (MSME credit). Investors can choose based on their risk tolerance and investment horizon.
6. Where will these IPOs be listed?
Both Fractal Analytics IPO and Aye Finance IPO are expected to list on BSE and NSE on February 16, 2026.
7. How can I stay updated on IPO details, allotments, and GMP trends?
You can rely on Invest Stock Watch for daily updates on upcoming IPOs 2026, including Fractal Analytics IPO and Aye Finance IPO, with allotment data, price bands, GMP trends, and mainboard IPO insights. Visit Invest Stock Watch for live updates.
