• Source:JND

Fractal Analytics may finalise the basis of share allotment after the bidding period for its initial public offering (IPO) gets over on Wednesday, i.e., February 11. Following the basis finalisation, the successful bidders will likely start getting confirmation for the debit of their funds by Friday.

The IPO of the AI service provider received subdued interest from the investors, getting 2.66 times subscription with a bid for 4,94,79,888 shares against the total allotted shares of 1,85,79,360.

Meanwhile, applicants can check Fractal Analytics IPO Allotment Status through the official websites of exchanges or on the portal of MUFG Intime India, the registrar for the IPO.

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Fractal Analytics IPO Allotment Status On MUFG Intime Portal

- You need to visit the official portal of MUFG Intime
- Navigate the IPO page on Home.
- Next, you have to choose 'Fractal Analytics' from the list of issues.
- To proceed further, you need to select one mode from Client ID, Application Number, PAN, or Account Number
- Fill in the details that you have selected in the previous step and click on Submit
- You will have your allotment status on the screen.

Fractal Analytics IPO Subscription Status

The shares reserved for qualified Institutional Investors (QIB) got 4.18 time subscriptions.

Non-Institutional Investors Quota subscribed 1.06 times.

Retail Investors' category got 1.03 times bid.

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Fractal Analytics GMP Today

According to Investorgain, a grey market tracker, the GMP of Fractal Analytics improved a bit but remained flat. The company's shares are trading at Rs 902 in the unofficial market, with a minor premium of 0.22 per cent over the upper price band of Rs 900.


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