Fractal Analytics IPO
GMP, Subscription, Price, Dates & Financial Details
Incorporated in March 2000, Fractal Analytics Limited is a global enterprise artificial intelligence (AI) and analytics company focused on enabling smarter, data-driven decision-making for large organizations. With over two decades of experience, Fractal combines advanced AI engineering…
Open Date
Mon, 09 Feb 2026
Close Date
Wed, 11 Feb 2026
Price Band
₹ 857 – 900
Lot Size
16
Issue Size
₹ 2,834.00 Cr
Minimum Investment
₹ 14,400 (16 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Fractal Analytics IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹2,834 Crore, comprising a fresh issue of 1.14 Crore equity shares aggregating to ₹1,023.00 Crore and an offer for sale (OFS) of 2.01 Crore equity shares aggregating to ₹1,810.00 Crore by the existing shareholders.
The Fractal Analytics IPO remained open for subscription from February 09, 2026, to February 11, 2026. The basis of allotment was finalized on February 12, 2026, and the company's shares were listed on the NSE and BSE on February 16, 2026.
The company had fixed the price band at ₹857 to ₹900 per share, with a lot size of 16 shares. Retail investors were required to make a minimum investment of ₹14,400 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Kotak Mahindra Capital Company Limited, and Axial Capital Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Fractal Analytics Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Fractal Analytics IPO Timeline (Tentative)
- IPO Open Date
- Mon, 09 Feb 26
- IPO Close Date
- Wed, 11 Feb 26
- Basis of Allotment
- Thu, 12 Feb 26
- Initiation of Refunds
- Sun, 15 Feb 26
- Credit of Shares to Demat
- Sun, 15 Feb 26
- Listing Date
- Mon, 16 Feb 26 — NSE & BSE
Open Date
09 February 2026
Close Date
11 February 2026
Basis Of Allotment
12 February 2026
Listing Date
16 February 2026
IPO Subscription
Check Live Subscription →The Fractal Analytics IPO has received bids for 4,94,79,888 shares against 1,85,79,360 shares offered, resulting in an overall subscription of 2.66x. the NII category is subscribed 1.06x, Retail Investors 1.03x, Employees 0.61x, and QIBs 4.18x. Within the NII category, BNII is subscribed 1.18x, while SNII is subscribed 0.82x.
QIB
4.18x
NII
1.06x
BNII
1.18x
SNII
0.82x
RII
1.03x
EMP
0.61x
Total
2.66x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 32,36,756 shares, representing 17.42% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 97,10,268 shares (52.26%), while Non-Institutional Investors (NIIs) receive 48,55,134 shares (26.13%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 9,710,268 | 52.26% |
| Non-Institutional | 4,855,134 | 26.13% |
| BNII | 3,236,756 | 17.42% |
| SNII | 1,618,378 | 8.71% |
| Retail Investors | 3,236,756 | 17.42% |
| Employees | 777,202 | 4.18% |
| Total | 18,579,360 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 2965.4 | 2857.6 | 2392 | 2248.7 |
| Revenue | 1594.3 | 2816.2 | 2241.9 | 2043.7 |
| Profit After Tax | 70.9 | 220.6 | -54.7 | 194.4 |
| Net Worth | 1957.5 | 1748.3 | 1397 | 1339.2 |
| Reserve & Surplus | 1937.1 | 1728.7 | 1380.5 | 1323.1 |
| Total Borrowings | 274.6 | 266.2 | 250.1 | 325.6 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Fractal Analytics Limited KPI Information
| Particular | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| RoNW % | 3.6 | 12.6 | -3.9 | 14.5 |
| Pat Margin % | 4.5 | 8 | -2.5 | 9.8 |
Peers Comparison
No Peer Comparision Available
About Fractal Analytics Limited
Incorporated in March 2000, Fractal Analytics Limited is a global enterprise artificial intelligence (AI) and analytics company focused on enabling smarter, data-driven decision-making for large organizations. With over two decades of experience, Fractal combines advanced AI engineering capabilities with deep domain and functional expertise to deliver scalable, business-impacting solutions.
As of March 31, 2025, Fractal operates through two principal segments:
- Fractal.ai: This segment delivers AI services and products primarily through Fractal’s agentic AI platform, Cogentiq. The platform is designed to accelerate AI product development with integrated tools for governance, security, low-code deployment, and lifecycle management.
- Fractal Alpha: This segment comprises a portfolio of independent, high-growth AI businesses focused on emerging opportunities across industries and geographies, each managed autonomously to foster innovation and scale.
Together, these segments provide end-to-end AI capabilities across multiple industries and enterprise functions.
Fractal serves 113 “Must Win Clients” (MWCs), including leading global enterprises such as Citi, Nestlé, Mars, and Philips. In Fiscal 2025, the company’s top ten clients accounted for 53.8% of Fractal.ai’s revenue, reflecting deep and long-standing client relationships. Its industry presence spans consumer packaged goods and retail (CPGR), technology, media and telecom (TMT), healthcare and life sciences (HLS), and banking, financial services, and insurance (BFSI).
The company is recognized as a leader in AI and analytics by firms such as Everest Group and Forrester. Fractal has developed proprietary foundation models including Kalaido.ai, Vaidya.ai, and Fathom-R1-14B, and has driven advanced research initiatives such as Project Ramanujan. With over 24 granted patents and 41 patent applications, Fractal maintains a strong emphasis on innovation and intellectual property.
As of early 2025, Fractal employs more than 4,500 professionals across 17 global offices. Its competitive strengths include leadership in a rapidly expanding AI market, deep technical and domain expertise, a proven innovation track record, a culture of transparency and trust, and a founder-led management team committed to long-term value creation. The company reports a Net Promoter Score (NPS) of 77 and holds “Great Place to Work” certifications across seven countries.
Fractal Analytics IPO Promoters
- Srikanth Velamakanni
- Pranay Agrawal
- Chetana Kumar
- Narendra Kumar Agrawal
- Rupa Krishnan Agrawal
Promoters Holding
Holding Pre Issue
18.19%
Holding Post Issue
0.00%
Fractal Analytics IPO Objective
The Company Fractal Analytics IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Investment in one of our Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings
- Purchase of laptops
- Setting-up new office premises in India
- Investment in (a) research and development; and (b) sales and marketing under Fractal Alpha
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes
Fractal Analytics Limited Address / Contact Details
Fractal Analytics Limited
Level 7, Commerz II,
International Business Park, Oberoi Garden City
Off W. E. Highway, Goregaon (E),
Mumbai, Maharashtra, 400063
Phone: +91 22 6850 5800
Email: investorrelations@fractal.ai
Website: https://fractal.ai/
IPO Snapshot
Fractal Analytics IPO Lot Size
The Fractal Analytics IPO has a lot size of 16 shares. Retail investors require a minimum investment of ₹14,400 by applying for 1 lot (16 shares). The maximum application allowed for the retail category is 13 lots (208 shares), requiring an investment of ₹1,87,200.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 16 | 14,400.00 |
| Retail (Max) | 13 | 208 | 187,200.00 |
| S-HNI (Min) | 14 | 224 | 201,600.00 |
| S-HNI (Max) | 69 | 1,104 | 993,600.00 |
| B-HNI (Min) | 70 | 1,120 | 1,008,000.00 |
Issue Reservation
- QIB — 52.26%
- NII — 26.13%
- RII — 17.42%
- EMP — 4.18%
Book Running Lead Managers
- Kotak Mahindra Capital Company Limited
- Axial Capital Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Fractal Analytics IPO?
Fractal Analytics IPO is a Book-building IPO with a total issue size of ₹2834 crore. The Fractal Analytics IPO price band is ₹857 to 900 per share. The Fractal Analytics IPO subscription opens on Mon, Feb 9, 2026, and closes on Wed, Feb 11, 2026. The Fractal Analytics IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Fractal Analytics IPO.
When will the Fractal Analytics IPO open for subscription?
The Fractal Analytics IPO opens on Mon, Feb 9, 2026 and closes on Wed, Feb 11, 2026
What is Fractal Analytics IPO Price Band?
Fractal Analytics IPO Price Band is ₹857 to 900 per share.
What is Fractal Analytics IPO Lot Size?
Fractal Analytics IPO lot size is 16 shares, Retail investors need a minimum investment of ₹14400 based on the upper price band
What is the minimum investment for Fractal Analytics IPO?
The minimum investment for Fractal Analytics IPO is ₹14400, based on one lot of 16 shares at the upper price band of ₹900 per share.
How to apply for Fractal Analytics IPO?
Investors can apply for the Fractal Analytics IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Feb 11, 2026. The application amount remains blocked until the Fractal Analytics IPO allotment is finalized.
What is Fractal Analytics IPO Issue Size?
Fractal Analytics IPO issue size is ₹2834 crores.
What is the Fractal Analytics IPO Allotment Date?
Fractal Analytics IPO allotment date is Thu, Feb 12, 2026.
Who is the Fractal Analytics IPO Registrar?
The registrar for Fractal Analytics IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Fractal Analytics IPO allotment status, refund processing, and other IPO-related information.
What is the Fractal Analytics IPO GMP?
The Fractal Analytics IPO GMP (Grey Market Premium) is ₹105 as of Wed, Feb 4, 2026. Based on the upper price band of ₹900 per share, the estimated Fractal Analytics IPO listing price is ₹1005, indicating a potential listing gain of approximately 11.67% over the issue price.
Who is the Fractal Analytics IPO Lead Manager?
The book-running lead managers (BRLMs) for the Fractal Analytics IPO are Axial Capital Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Fractal Analytics IPO Red Herring Prospectus (RHP).