Two major mainboard IPOs, Fractal Analytics IPO and Aye Finance IPO, have become the key focus of investors today as both issues are expected to finalize their IPO allotment on February 12, 2026. Market participants are actively tracking allotment updates, subscription response, and the latest Grey Market Premium (GMP) trends ahead of listing.
However, it is important to note that both IPOs received lower-than-expected investor response, especially Aye Finance IPO which barely crossed 1x subscription. Fractal Analytics IPO performed slightly better, but overall subscription numbers still indicate a moderate demand compared to highly oversubscribed IPOs seen recently.

As per market expectations, the allotment status for both IPOs is likely to be released late tonight (12 February 2026). Investors can check their allotment through the official registrar websites and stock exchange portals.
Fractal Analytics IPO Allotment Date
The Fractal Analytics IPO allotment date is expected to be February 12, 2026. Investors may see the final allotment update by late evening or night once the registrar completes the basis of allotment process.
The registrar for Fractal Analytics IPO is:
MUFG Intime India Pvt. Ltd.
Once allotment is confirmed, refunds (if any) will be initiated and shares will be credited to successful applicants’ demat accounts.
Aye Finance IPO Allotment Date
The Aye Finance IPO allotment is also expected to be finalized on February 12, 2026.
The registrar for Aye Finance IPO is:
KFin Technologies Ltd.
Allotment status may appear on the KFin website late tonight after finalization.
Fractal Analytics IPO Subscription Status (Overall 2.81x)
The Fractal Analytics IPO managed to attract moderate demand and was subscribed 2.81 times overall. Although it is not a blockbuster response, it still indicates decent participation from institutional investors.
The strongest demand was seen in the QIB segment, where the subscription stood at 4.41x (excluding anchor investors). This shows institutional confidence in the company.
The Retail category subscription was just 1.10x, which suggests that retail investors participated but the excitement level remained limited.
The NII category was subscribed 1.11x, showing weak interest from high net-worth individuals compared to many other mainboard IPOs.
The employee portion was subscribed only 0.65x, which is also considered low.
Overall, Fractal Analytics IPO subscription numbers clearly reflect that the issue received average market response, and the demand was mainly supported by institutional bidders.
Aye Finance IPO Subscription Status (Overall 1.04x)
The Aye Finance IPO received a very weak response from investors and was subscribed only 1.04 times overall, which is considered quite low for a mainboard IPO.
The QIB category performed relatively better with 1.62x subscription, indicating some support from institutions.
However, the NII category subscription was extremely poor at only 0.05x, which is a major negative sign. Even within NIIs, the big HNI portion was subscribed just 0.02x, while small NII subscription was only 0.11x.
The Retail category subscription was also weak at 0.81x, showing that retail investors stayed cautious.
Overall, Aye Finance IPO subscription figures indicate a low-demand IPO, and the market mood remains cautious ahead of listing.
Latest GMP Update (Grey Market Premium)
The latest Grey Market Premium (GMP) trend also reflects weak sentiment for both IPOs.
Aye Finance IPO GMP
Aye Finance IPO is currently trading at a GMP of around ₹0.35, which is approximately 0.3% premium over the upper price band. This indicates that the grey market is expecting a flat listing, with almost no major listing gains.
Fractal Analytics IPO GMP
Fractal Analytics IPO is currently showing a GMP of around -₹2, which means it is trading slightly below the issue price in the grey market. This indicates that grey market traders are expecting either a flat or slightly discounted listing.
Overall, GMP trends confirm that both IPOs are currently witnessing low excitement, and investors are not expecting strong listing gains at the moment.
Issue Price Band, Lot Size & Listing Date
Here are the important IPO details investors should know:
Aye Finance IPO Key Details
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Price Band: ₹122 – ₹129
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Lot Size: 116 shares
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Issue Size: ₹1,010 crore
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Allotment Date: Feb 12, 2026
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Listing Date: Feb 16, 2026
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Lead Managers: Axis Capital, IIFL Securities, JM Financial, Nuvama Wealth Management
Fractal Analytics IPO Key Details
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Price Band: ₹857 – ₹900
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Lot Size: 16 shares
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Issue Size: ₹2,833.90 crore
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Allotment Date: Feb 12, 2026
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Listing Date: Feb 16, 2026
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Lead Managers: Axis Capital, Kotak Mahindra Capital Company
How to Check Fractal Analytics IPO Allotment Status
Investors can check their allotment status once it is updated by MUFG Intime India.
Check Fractal Analytics IPO Allotment Here: https://www.mufgintime.co.in/
You can check using:
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PAN Number
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Application Number
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DP Client ID
How to Check Aye Finance IPO Allotment Status (Direct Link)
Investors can check their allotment status through KFin Technologies portal.
Check Aye Finance IPO Allotment Here: https://ipostatus.kfintech.com/
You can check using:
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PAN Number
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Application Number
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DP Client ID
Allotment Update: Expected Late Night (12 Feb 2026)
Investors should note that IPO allotment is usually finalized during evening hours, and the allotment status becomes visible late night.
As per the latest update, Fractal Analytics IPO and Aye Finance IPO allotment is expected to be released by late night on February 12, 2026. Applicants are advised to keep checking the registrar websites.
Both Fractal Analytics IPO and Aye Finance IPO allotment is expected today, and investors are now waiting for the allotment confirmation and listing outcome.
While Fractal Analytics IPO received moderate demand with 2.81x subscription, Aye Finance IPO showed a very weak response at just 1.04x subscription, indicating low investor interest.
Additionally, the GMP trends also suggest that both IPOs may deliver flat listing performance, unless market sentiment improves before listing day.
Investors should check allotment status tonight through official registrar links and keep an eye on demat credit updates.
Also Read – SEBI Approved IPO List | Mainboard IPOs in India | Approval Status List