LIVE: Fractal Analytics listing today; GMP signals disappointing debut - What should investors do?

Fractal Analytics Share Price, IPO Listing, GMP Live Updates: Shares of Fractal Analytics are set to debut on the NSE and the BSE today, February 16. After closing its subscription process last week. The issue price has been fixed at Rs 857-900. The data and artificial intelligence firm now faces the real test – how the market reacts on listing day. Ahead of its listing, let’s take a look at the subscription numbers, GMP and other key details of the issue – Fractal Analytics IPO: GMP – What the numbers indicate The grey market premium (GMP) currently stands at negative Rs 10. Based on the upper price band of Rs 900, this implies an estimated listing price of around Rs 890. This indicates a potential 1.11% discount. In the grey market, the premium for Fractal Analytics shares slipped to negative from a high of Rs 180 and a low of negative Rs 10 in the past trading session. However, it is important to note that GMP is not an official listing price and may fluctuate based on the market sentiment. Fractal Analytics IPO: How the IPO was received The IPO opened for bidding from February 9 to 11, with allotment finalised on February 12. By the end of the three-day window, the issue was subscribed 2.66 times overall. Institutional investors subscribed their portion over four times. Non-institutional investors and retail buyers participated more cautiously, with their segments just about fully subscribed. The company fixed the price band between Rs 857-900 per share, with a minimum lot size of 16 shares. Live Updates