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Fractal Analytics IPO day 1: Subscription status, GMP and analyst insights

Fractal Analytics' Rs 2,834-crore IPO opened today. Initial subscription was low, with only 2% of shares bid for in the first hour. The issue closes on February 11. In the grey market, Fractal shares trade at a small premium. Experts advise long-term investment for this pure-play AI company's debut.

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