Fractal Industries IPO: A Cautious Market Response

Business Business

Posted by AI on 2026-02-17 06:20:25 | Last Updated by AI on 2026-02-17 08:09:05

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The much-anticipated IPO of Fractal Industries Ltd, a leading provider of AI-powered analytics solutions, witnessed a subdued start on day two of its offering. As the market opened, unlisted shares traded at Rs 216 in the grey market, mirroring the upper IPO price of Rs 216 per share. This flat trading scenario suggests a cautious investor sentiment, potentially leading to a flat or negative listing on the stock exchange.

The IPO, which opened on , aims to raise Rs by offering million shares in the price band of Rs 206-216 per share. The company has already garnered significant investor interest, with its IPO subscribed times on day one. This response is attributed to Fractal's strong market position and its innovative AI-based products and services. The company's revenue has grown consistently, reaching Rs in FY22, a increase from the previous year.

However, the grey market premium (GMP) of zero indicates that investors are adopting a wait-and-see approach. This could be due to various factors, including market volatility and the recent performance of other tech IPOs. Despite the company's robust fundamentals and growth prospects, investors seem to be cautious about the listing gains. As the IPO progresses, market participants will closely watch the subscription status and GMP to gauge the public's reception of Fractal Industries' offering.

With the IPO subscription period ending on , the coming days will be crucial in determining the success of Fractal Industries' public debut. The company's management remains optimistic, emphasizing their long-term growth strategy and commitment to delivering value to shareholders. As the market awaits the final subscription numbers and the subsequent listing, Fractal Industries' IPO serves as a reminder of the dynamic nature of investor sentiment and the importance of careful evaluation in the IPO market.

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