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Fractal Analytics IPO

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BSE,NSE 09 February - 11 February 2026
Fractal Analytics Limited IPO is a book build issue of 2834 Cr. The issue is a combination of fresh issue of 11372222 shares aggregating to 1023 Cr and offer for sale of 20115555 shares aggregating to 1810 Cr. Fractal Analytics Limited IPO opened for subscription on Feb 09, 2026 and closed on Feb 11, 2026. The allotment for the this IPO was finalized on Feb 12, 2026. IPO was listed on NSE and BSE on Feb 16, 2026. Fractal Analytics Limited IPO is set issue price band at ₹857 to ₹900 per share.

Current GMP

₹-28 (-3.11%)

Price Band

₹ 857 – 900

Lot Size

16

Issue Size

₹2834 Cr

Minimum Investment

₹14400 (16 Shares)

Listing Date

16 February 2026

Subscription

2.66x

About the Company

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.

Promoters

  1. Srikanth Velamakanni
  2. Pranay Agrawal
  3. Chetana Kumar
  4. Narendra Kumar Agrawal 
  5. Rupa Krishnan Agrawal


Promoters Holding

Holding Pre Issue

18.19%

Holding Post Issue

0.00%

Objects of the Issue

The Company Fractal Analytics IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Investment in one of our Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings 
  2. Purchase of laptops 
  3. Setting-up new office premises in India 
  4. Investment in (a) research and development; and (b) sales and marketing under Fractal Alpha 
  5. Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes

Address / Contact Info

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

Face Value₹1 per share
Price Band₹ 857 – 900
Lot Size16
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 1,023.00 Cr
Offer for Sale₹ 1,810.00 Cr
Total Issue Size₹ 2,834.00 Cr
Listing AtBSE,NSE
Industry
Sector
QIB Quota52.26%
BNII Quota17.42%
SNII Quota8.71%
Retail Quota17.42%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Fractal Analytics IPO is a Book-building IPO worth ₹2834 crores. The price band is ₹857 to 900 per share. The IPO opens on Mon, Feb 9, 2026 and closes on Wed, Feb 11, 2026. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Fractal Analytics IPO opens on Mon, Feb 9, 2026 and closes on Wed, Feb 11, 2026

Fractal Analytics IPO Price Band is ₹857 to 900.

Fractal Analytics IPO lot size is 16, and the minimum amount required for application is ₹14400.

The minimum investment for Fractal Analytics IPO is approximately ₹14400 based on the upper price band.

To apply for the Fractal Analytics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Feb 11, 2026. After submission, funds are blocked until the basis of allotment of Fractal Analytics IPO is finalised.

Fractal Analytics IPO issue size is ₹2834 crores.

Fractal Analytics IPO allotment date is Sat, Jun 27, 2026.

The registrar for Fractal Analytics IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Fractal Analytics IPO through their official website or helpline.

The Fractal Analytics IPO GMP (Grey Market Premium) is ₹-28 as of Mon, Feb 16, 2026. Based on the upper price band of ₹900 per share, the estimated Fractal Analytics IPO listing price is ₹872, indicating a potential listing gain of approximately 31% over the issue price.