Fractal Analytics made its stock market debut on the National Stock Exchange (NSE) at ₹876 per share, below its issue price of ₹900. Shares fell 2.67% in pre-open trade, signaling a muted listing despite oversubscription. The ₹2,834 crore IPO had earlier scaled down from its initial ₹4,900 crore plan.
Fractal Analytics, a global enterprise AI and analytics firm, listed on the NSE and BSE today at ₹876 per share, marking a 2.67% decline from its issue price of ₹900. The company’s ₹2,834 crore IPO had received moderate investor response, with oversubscription but weaker-than-expected grey market signals.
Market analysts note that concerns around AI sector valuations and subdued investor sentiment contributed to the discounted debut. Despite this, Fractal’s long-term positioning in AI-driven enterprise solutions remains a key attraction for institutional investors.
Key Highlights
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Listing Price: ₹876 per share vs. issue price of ₹900.
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Pre-Open Performance: Shares down 2.67% on NSE.
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IPO Size: ₹2,834 crore, scaled down from ₹4,900 crore.
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Investor Response: Moderate demand during subscription period.
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Market Sentiment: Grey market premium (GMP) indicated muted debut.
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Sector Outlook: AI valuation concerns weighed on listing performance.
Sources: The Financial Express, India TV, Business Standard, Upstox News Desk