Fractal Analytics, Aye Finance to Launch IPOs Next Week

• Data analytics firm Fractal and SME lender Aye Finance are set to launch their Initial Public Offerings (IPOs) next week, signaling a revival in primary market activity.
• Moneycontrol reports that improved market sentiment, possibly due to the US-India trade deal, is driving this pick-up after a slow January.
• Both companies are expected to announce their IPO price bands on February 4, with subscriptions opening in the subsequent week.
• Fractal, backed by TPG Capital, aims to raise over Rs 2,800 crore, revising its initial target of Rs 4,900 crore.
• Aye Finance, a non-banking financial company supported by Alphabet and others, provides loans to MSMEs across India.

Why It Matters: Two major firms, Fractal Analytics and Aye Finance, are launching IPOs next week, boosting market activity.