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India's Fractal Analytics $314 million IPO fully subscribed on final day of bidding
Yahoo Finance· 2026-02-11 07:39
By Vivek Kumar M Feb 11 (Reuters) - Fractal Analytics' $314-million initial public offering, the first for a pure-play Indian artificial intelligence firm, was ‌fully subscribed on the final day of bidding on Wednesday. The Mumbai-based ‌company received bids for 27.23 million shares as of 1:39 p.m. IST, against 18.58 million ​shares on offer, exchange data showed. Fractal set a price band of 857 rupees to 900 rupees per share and is seeking a valuation of up to 144.5 billion rupees ($1.59 billion) at ...