New Delhi, Feb. 11 -- Following a short pause in the primary market, multiple IPOs are set to make their way to Dalal Street in the coming months. Today (February 11), the bidding for both the Fractal Analytics IPO and the Aye Finance IPO will be closing, though interest in these offerings seems to be limited.

On the final day, the Fractal Analytics IPO has been fully subscribed, while the Aye Finance IPO continues to struggle to gain traction. Analysts hold a consistently negative perspective on the IPO market for 2026.

They suggest that the market has lost its patience for chaos; blatant private equity offloading and overly exit-focused IPOs are no longer sustainable. Significant losses have occurred in the previous cycle for both ret...