IPOs

Indian equity benchmarks, Sensex and Nifty, opened higher, extending gains for the third consecutive trading session.

The last reported grey market premium for the Aye Finance IPO is nil, according to Investorgain. This indicates no listing day pop for the stock.

As the issue progresses through its second day, here is a look at the key details investors need to know, including the issue structure, timelines, and the company's plans for utilising the IPO proceeds.

Fractal Analytics launched its IPO with a price band of Rs 857 to Rs 900. The grey market premium dropped to Rs 4, indicating a modest listing gain of under one percent.

Aye Finance IPO comprises a fresh equity shares worth up to Rs 710 crore and an Offer For Sal of up to Rs 300 crore by current shareholders.

As subscription for the Fractal Analytics IPO begins, here is a look at the latest grey market premium (GMP), price band, listing date, and other key details.

The BSE Sensex closed more than 450 points higher to settle above 84,000 and the NSE Nifty 50 closed 0.7% higher to end above 25,860.

The Rs 1,010-crore IPO comprises of fresh equity shares worth up to Rs 710 crore and an Offer For Sale (OFS) of up to Rs 300 crore.

The Rs 2,800-crore Fractal Analytics IPO will remain open for subscription from Feb. 9 to Feb. 11.

Fractal Analytics IPO is a book-building issue worth Rs 2,834 crore, while Aye Finance's offer is worth Rs 1,010 crore.

The board nod came days after the Securities and Exchange Board of India granted its no-objection certification for the much-awaited IPO.

Upcoming IPOs: The firms which have received SEBI's green signal are InCred Holdings and Ardee Industries.

Sensex fell over 300 points and the Nifty traded below 25,550 after the RBI Monetary Policy Committee kept the benchmark repo rates unchanged at 5.25%. The NSE Nifty Private Bank Index was the top sectoral gainer, while the NSE Nifty PSU Banks index was the top sectoral loser as rate cut cycle goes on hold.

Aye Finance’s shares are set to be listed on the BSE and NSE on Monday, Feb. 16, 2026.

Fractal Analytics reported a net profit of Rs 220.6 crore in FY25 and aims to use IPO proceeds for debt repayment, investments in subsidiaries, infrastructure, and growth initiatives.

The Nifty 50 ended 133 points or 0.5% lower at 25.642 and the BSE Sensex tanked 506 points or 0.6% at 83,311. The boarder market showed mixed performance.

Aye Finance provides business expansion loans secured against working assets or property, catering to clients across manufacturing, trading, services and allied agriculture sectors.

Moreover, nearly 19% or 70 firms are at a loss of 25-50% from their IPO price, the data showed.

Aye Finance is scheduled to list on the BSE and NSE on Feb. 16.

The BSE Sensex rose 2,319 points. It had risen as much as 4,200 points to 85,871.The NSE Nifty 50 rose 2.8% to 25,783.95 after rising as much as 5% intraday.