Shares of Fractal Analytics are tentatively scheduled to be listed on the NSE and BSE on Feb. 16.
Fractal Analytics IPO Allotment Today: Steps To Check Status, Latest GMP And More
The Fractal Analytics IPO saw strong demand on the third and final day of bidding on Feb. 11. The IPO was overall subscribed 2.66 times. Investors placed bids for 4,94,76,864 shares, against 1,85,79,360 shares on offer, according to the NSE.
The Qualified Institutional Buyers (QIBs) oversubscribed their reserved portion by 4.18 times. Retail investors booked their quota 1.03 times, while the Non-Institutional Investors' (NIIs) category was also fully subscribed. Employees booked their quota 0.61 times.
The Fractal Analytics IPO was a book-built issue worth Rs 2,833.9 crore. The mainboard issue was a combination of a fresh issuance of 1.14 crore shares, valued at Rs 1,023.50 crore, and an offer-for-sale (OFS) component of 2.01 crore shares, valued at Rs 1,810.4 crore. The price band for the Fractal Analytics IPO was set at Rs 857-900 per share.
After the closure of the IPO subscription window, Fractal Analytics is expected to finalise the share allotment status on Thursday, Feb. 12. Refunds and transfer of shares to the Demat accounts are expected to be processed on Friday, Feb. 13.
Fractal Analytics IPO listing date has been tentatively fixed as Feb. 16. Shares of Fractal Analytics Ltd. will be listed on the NSE and BSE.
Kotak Mahindra Capital Co. Ltd. is the book-running lead manager for the issue, while MUFG Intime India Pvt. Ltd. is the issue registrar.
Fractal Analytics IPO bidders can check their share allotment status on the NSE or BSE websites. The IPO share allotment status can also be checked on the official website of the issue registrar, MUFG Intime India Pvt. Ltd.
Check Fractal Analytics IPO Allotment Status On BSE
Visit the BSE IPO allotment page here.
Select ‘Equity' as the issue type.
From the dropdown menu, choose Fractal Analytics Ltd.
Enter your Application Number or PAN.
Complete the Captcha verification.
Click on the ‘Search' button to view your allotment status.
Fractal Analytics IPO Allotment Status On NSE
Go to the NSE IPO allotment page here.
Click on ‘Equity & SME IPO bid details'.
From the company list, select 'FRACTAL'.
Enter your PAN and Application Number.
Click on ‘Submit' to view your allotment status.
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Check Fractal Analytics IPO Allotment Status On MUFG Intime India
Visit the IPO allotment page here.
From the dropdown menu for company names, select Fractal Analytics Ltd. (The company name will appear only after the finalisation of share allotment).
Choose one of the available options for verification: PAN, Application Number, DP/Client ID, or Account No/IFSC.
Enter the corresponding details based on your selection.
Click Submit to view your allotment status.
Fractal Analytics IPO GMP Today
According to InvestorGain, the latest grey market premium (GMP) for the Fractal Analytics IPO was Rs 2 on Feb 12. Shares of the company are expected to be listed at Rs 902 per share, a potential listing gain of 0.22% against the upper limit of the issue price of Rs 900.
Note: GMP does not represent official data and is based on speculation.
About Fractal Analytics Ltd.
Founded in March 2000, Fractal Analytics is a global AI and analytics firm. The company develops AI solutions by combining technical expertise with industry knowledge. Its clients include Citibank (Citi), Costco, Franklin Templeton, Mars, Mondelez, Nationwide, Nestle, Philips, among others.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.