India, Feb. 10 -- Fractal Analytics Limited's initial public offering (IPO) continued to see weak demand on its second day of bidding. As of 14:15 IST, the issue received bids for 25.57 Lakh shares against 1.86 Cr shares up for subscription, translating to a 14% subscription of the public float.

Retail individual investors (RIIs) led investor interest, subscribing their quota by 55%. These investors have placed bids for around 17.72 Lakh shares against 32.38 Lakh shares on offer, with most bids coming at the cut-off price.

The non-institutional investor (NII) segment saw a subscription of 13%, with these investors bidding for shares between Rs.2 Lakh and Rs.10 Lakh subscribed to their quota by 19% while investors bidding for shares wort...