Brokerages are urging investors to remain cautious on richly valued IPOs, particularly in emerging sectors. While growth narratives remain attractive, earnings sustainability is under sharper scrutiny.

Retail investors are turning increasingly selective while evaluating new public offerings. Recent IPO data indicates that participation levels vary sharply depending on valuation comfort and business visibility.

Fractal Industries has opened its SME IPO for subscription between 16th February and 18th February 2026. The public issue aims to raise about Rs. 49 cr through a fresh issue.

The Securities and Exchange Board of India has granted approval to five companies — including Duroflex and Premier Industrial Corporation — to proceed with their public issues.

Shares of PAN HR Solutions entered the BSE SME platform with a muted debut, listing near its issue price of Rs. 78. The stock opened at Rs. 78.35, broadly in line with grey market expectations.

India’s AI-focused firm Fractal Analytics witnessed strong investor traction as its Rs. 2,834 cr IPO achieved full subscription on the last day of bidding. Institutional investors led the demand, while retail participation remained relatively moderate.

Market updates published today point to a healthy pipeline of IPOs coming to Dalal Street in the short term. With multiple small and medium enterprise issues set to open or list this week, investors focused on emerging firms have a range of new subscription opportunities.

The IPO calendar for the coming week shows continued momentum in the SME segment of the Indian market, even as larger mainboard deals remain thin.

The Indian primary market is ready for a lively week starting January 27, with five IPOs and five company listings scheduled across exchanges.

India is on track to post one of its strongest IPO years ever as markets anticipate a wave of major public offerings in 2026.