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Fractal Analytics IPO allotment today; shares set to list on February 16
Fractal Analytics IPO allotment likely today, after a 2.66x subscription. Shares to debut on BSE and NSE on February 16, with muted grey market premium signaling modest listing gains. Check allotment status online via NSE, BSE, or MUFG Intime India
Fractal Analytics, an enterprise AI and analytics company, is poised to finalise the allotment of its maiden public issue today, following a lukewarm response from investors. The IPO, which closed on Wednesday, was subscribed 2.66 times overall, reflecting cautious investor sentiment.
NSE data shows that the issue, which offered 18.57 million shares, received bids for 49.47 million shares. The Qualified Institutional Buyers (QIBs) segment attracted the strongest demand with 4.18 times subscription, while Non-Institutional Investors (NIIs) and retail investors recorded marginal oversubscriptions at 1.06 times and 1.03 times, respectively.
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Investors awaiting their allocation can check their IPO allotment status through the official portals of NSE, BSE, and the registrar, MUFG Intime India. Shares will be credited to eligible demat accounts once allotment is completed, and refunds will be processed for unsuccessful applicants.
How to check allotment status
BSE: Visit BSE
IPO allotment page, select ‘Equity’, choose ‘Fractal Analytics Limited’, enter your PAN or application number, complete the captcha, and click ‘Search’.
NSE: Go to the
NSE IPO status page, select ‘Equity and SME IPO bids’, pick ‘Fractal Analytics Limited’, enter PAN and application number, and submit.
MUFG Intime India: Access
MUFG IPO portal, select ‘Fractal Analytics Limited’, enter PAN, application number, or DP ID, and click ‘Search’.
Grey market signals modest listing gains
According to websites tracking the grey market, Fractal Analytics’ shares are trading at Rs 902, just Rs 2 above the IPO’s upper price band of Rs 900, indicating muted listing expectations. The stock is slated to debut on BSE and NSE on February 16.
The IPO raised Rs 2,833.90 crore, including a fresh issue of 1.14 crore shares worth Rs 1,023.50 crore and an offer-for-sale of 2.01 crore shares worth Rs 1,810.40 crore. Kotak Mahindra Capital served as book-running lead manager, with MUFG Intime India as the registrar.
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