The initial public offering (IPO) of Fractal Analytics saw a measured response from investors on its second day of bidding, with overall subscription reaching 14% by mid-session on Day 2, according to exchange data. The muted demand so far reflects a cautious stance among investors toward high-valuation technology listings, even as Fractal remains one of India’s most recognised artificial intelligence (AI) and advanced analytics firms.
The IPO, which opened earlier this week, is being closely tracked as a bellwether for investor appetite in the data, AI, and analytics space—sectors that saw aggressive private funding over the past few years but are now facing greater scrutiny in public mark
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