Fractal Analytics Listing Today: Analysts Signal Discounted Start Despite Demand

Fractal Analytics Limited, co-founded by Srikanth Velamakanni and Pranay Agrawal, is making its stock market debut today, February 16, 2026. The IPO, which closed with a 2.66x oversubscription, raised ₹2,840 crore through a mix of fresh equity and offers for sale.

However, grey market signals suggest a weak debut. Reports indicate shares may list around ₹890 per share, implying a potential 1–2% discount compared to the issue price. Analysts attribute the subdued sentiment to broader concerns around the AI sector’s profitability and investor caution in IT services.

Key Highlights

• IPO Size: ₹2,840 crore raised via fresh issue and OFS.
• Subscription: Oversubscribed 2.66x, reflecting initial investor interest.
• GMP Trend: Grey market premium collapsed, pointing to a discounted debut.
• Listing Price Forecast: Around ₹890 per share, 1–2% below issue price.
• Expert View: AI sector concerns and muted IT outlook may weigh on performance.

Market watchers advise investors to track early trading closely, as sentiment-driven volatility could shape the stock’s near-term trajectory.

Sources: Financial Express, Business Standard, News18