ipo

Fractal Analytics IPO closes with 2.6x subscription led by QIBs; investors await allotment

Founded in March 2000, Fractal Analytics provides AI-powered solutions that help major global companies make data-driven business decisions. The AI firm's IPO comprised a mix of fresh issue of 1.14 crore shares worth Rs 1,023.50 crore and an offer-for-sale (OFS) of 2.01 crore shares worth Rs 1,810.40 crore.