Fractal Analytics made a muted debut on the stock exchanges, listing below its issue price and reflecting cautious investor sentiment towards AI-linked stocks. The shares debuted around Rs.876 against the IPO price of Rs.900, marking a discount listing.
The IPO had seen moderate demand during subscription, getting subscribed about 2.6 times, indicating selective investor participation. Market participants remained watchful amid global volatility in technology and AI counters.
Analysts suggest the company’s long-term prospects remain linked to enterprise AI adoption trends, though near-term listing gains remained limited due to valuation concerns.
