Fractal Industries IPO Draws Steady Demand, Subscribed 1.72 Times by Day 2

Fractal Industries’ initial public offering has been subscribed 1.72 times by the end of Day 2, reflecting consistent interest from both retail and institutional investors. Market observers note balanced participation across categories, signaling confidence in the company’s growth narrative. Analysts advise investors to review financial performance and sector prospects and valuation comfort before applying, despite encouraging subscription trends in the ongoing issue.