The initial public offering (IPO) market is showing signs of activity, particularly with Fairfax India Holdings Corporation (FIH.U). Analysts are speculating that the company may soon announce either an IPO for Bangalore International Airport Limited (BIAL) or secure the bid for IDBI Bank. The anticipated Anchorage IPO, projected for September 2025, could enhance the valuation of FIH.U, which is currently perceived as undervalued due to conservative asset marking practices. Observers note that the chairman of FIH.U has a strong track record in generating returns in India, and the company's book value may not fully reflect its intrinsic value. Recent discussions indicate a potential breakout for FIH.U, suggesting increased investor interest and activity in the stock.