Fractal Analytics IPO price band has been fixed in the range of ₹857 to ₹900 per equity share of the face value of Re 1. The Fractal Analytics IPO date of subscription is scheduled for Monday, February 9 and will close on Wednesday, February 11. The allocation to anchor investors for the Fractal Analytics IPO is scheduled to take place on Friday, February 6.
The floor price and the cap price are 857 times and 900 times the face value of the equity shares. The Fractal Analytics IPO lot size is 16 equity shares and in multiples of 16 equity shares thereafter.
Fractal Analytics IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIB), not more than 15% for non-institutional Institutional Investors (NII), and not more than 10% of the offer is reserved for retail investors. Employees has been reserved shares worth ₹600 million.
Tentatively, Fractal Analytics IPO basis of allotment of shares will be finalised on Thursday, February 12 and the company will initiate refunds on Friday, February 13, while the shares will be credited to the demat account of allottees on the same day following refund. Fractal Analytics share price is likely to be listed on BSE and NSE on Monday, February 16.
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