IPO GMP Today: Fractal Analytics IPO vs Aye Finance IPO; Weak Subscription So far, Listing Gains in Doubt

The market has turned active with the launch of Fractal Analytics IPO and Aye Finance IPO, both of which opened for subscription on February 9th. Despite the buzz, the IPOs are not receiving enough demand as both the IPO GMP today remains muted. The subscription numbers on the first day of bidding were lackluster and the IPO is heading towards its listing date with zero or low potential listing gains.

Fractal Analytics IPO Subscription Status

Fractal Analytics IPO saw a muted response on Day 1, with the issue subscribed just 0.03 times overall as of February 9. Retail participation stood at 0.11 times, while the QIB category excluding anchor investors saw no bids. The NII segment also remained subdued at 0.02 times.

The public issue is worth Rs. 2,833.90 crore, comprising both fresh issue and an offer for sale. The price band is fixed at Rs. 857 to Rs. 900 per share, and the minimum investment for retail investors comes to Rs. 14,400 at the upper band.

Fractal Analytics IPO GMP Today

According to the latest Fractal Analytics IPO GMP on February 10, the grey market premium stands at Rs. 8. This suggests an estimated listing price of around Rs. 908 and an expected gain of roughly 0.89% per share. The IPO is scheduled to close on February 11, with allotment likely on February 12 and tentative listing on February 16, 2026, on both BSE and NSE.

Aye Finance IPO Subscription, GMP, and Listing Outlook

Aye Finance IPO recorded slightly better though still modest demand on Day 1, with overall subscription reaching 0.13 times as of February 9. Retail investors subscribed 0.28 times, QIB participation stood at 0.14 times, and the NII portion remained largely inactive at 0.01 times.

The IPO size is Rs. 1,010 crore, including a fresh issue of Rs. 710 crore and an offer for sale of Rs. 300 crore. The price band is capped at Rs. 129 per share. As per the latest IPO GMP today dated February 10th, the grey market premium is Rs. 0, indicating an estimated listing price of Rs. 129 and no immediate listing gain expectation in the unofficial market.

Similar to Fractal Analytics, the bidding for Aye Finance IPO will close on February 11, allotment is expected on February 12, and listing is tentatively scheduled for February 16, 2026.