Fractal Analytics IPO fully subscribed on final day of bidding

Fractal Analytics' initial public offering (IPO), the first for a pure-play Indian artificial intelligence firm, was fully subscribed on the final day of bidding on Wednesday. The ₹2,834-crore IPO received bids for 2.7 crore shares against 1.85 crore shares on offer, according to NSE data, till 1:30 pm. The price band has been fixed at ₹857 to ₹900 per share.