The stock opened at Rs 876 on the NSE, nearly 3% below its issue price of Rs 900. On the BSE, it debuted flat at Rs 900.
The company’s market capitalisation stood at about Rs 14,800 crore.
The listing follows a sharp reduction in the company’s initial public offering (IPO) size. Fractal had pared its issue by around 42% to Rs 2,834 crore from Rs 4,900 crore planned earlier. The offering comprised…

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