IPO GMP: Fractal Analytics IPO vs Aye Finance IPO — what grey market signals?

Fractal Analytics and Aye Finance launched their IPOs on February 9, 2026. Fractal aims to raise ₹2,833.90 crore, while Aye Finance seeks ₹1,010 crore. Both IPOs will close on February 11 and list on February 16, 2026.