Fractal Analytics IPO

Fractal Analytics IPO is listed on BSE and NSE, priced at ₹857–₹900 per share. The stock debuted at ₹876. The IPO had a lot size of ₹16 shares and a minimum investment of ₹14,400.

Fractal Analytics Limited IPO

Mainboard Listed
₹14,400 (16 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 9, 2026 – Feb 11, 2026
Price band
₹857-900 per equity share
Minimum Investment
₹14,400
Issue size
₹2833.9 Cr
Lot size
16
Allotment Date
Feb 12, 2026
Listing
Feb 16, 2026
Listing At
BSE, NSE

IPO timeline

  1. Feb 9, 2026

    Open Date

    Completed

  2. Feb 11, 2026

    Close Date

    Completed

  3. Feb 12, 2026

    Allotment Date

    Completed

  4. Feb 16, 2026

    Listing Date

    Completed

Price Summary

Last closing
942.00 (4.67%)
52 week high
1,118.00
52 week low
733.70
Last update

Fractal Analytics IPO Subscription Details

View Subscription Details
QIB 4.41x
Retail 1.08x
NIIs 1.11x
bHNI 1.24x
sHNI 0.86x
Retail 1.08x
EMP 0.65x
Total 2.81x

Fractal Analytics IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Fractal Analytics IPO Essentials

Fractal Analytics IPO Details

Fractal Analytics IPO is priced at ₹857-900 per share with a total issue size of 2833.9 crore. The IPO has a lot size of 16 shares and is listed on BSE and NSE.

Issue price
₹857-900 per equity share
Lot size
16 shares
Face value
₹1 Per Equity Share
Issue size
Total 2,833.90 Cr :
#Fresh Issue : 1,13,72,222 shares(aggregating up to ₹1023.40 Cr) +
#OFS : 2,01,15,555 shares of ₹1(aggregating up to ₹1810.50 Cr)
Total issue size
3,14,87,777 shares
(aggregating up to ₹2833.9 crore)
Fresh issue
1,13,72,222 shares
(aggregating up to ₹1023.5 crore)
Offer for sale (OFS)
2,01,15,555 shares
(aggregating up to ₹1810.4 crore)
Listing at
BSE, NSE
List price
876.0(NSE)
Listing date
Registrar
MUFG Intime India Pvt.Ltd
Lead manager
Kotak Mahindra Capital Co.Ltd, Axis Capital Pvt.Ltd, Morgan Stanley India, Goldman Sachs India

Market Lot Size

Investors can bid for a minimum of 16 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 16 ₹14,400
Retail(max) 13 208 ₹1,87,200
sHNI(min) 14 224 ₹2,01,600
sHNI(max) 69 1104 ₹9,93,600
sHNI(min) 70 1120 ₹10,08,000

Fractal Analytics IPO Documents

Fractal Analytics IPO Reservation

Fractal Analytics IPO reservation details show category-wise allocation of shares. Out of the total 31487777 shares, approximately 29.02% are reserved for QIB, 14.65% for NII, 10% for retail investors, 2.34% for employees, and 44.05% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 13869499 (44.05%)
QIB Shares Offered 9194187 (29.02%)
NII (HNI) Shares Offered 4612737 (14.65%)
bHNI > ₹10L 3075158 (10%) 13,728
sHNI < ₹10L 1537579 (5%) 6,864
Retail Shares Offered 3075158 (10%) 1,92,197
Employee Shares Offered 736196 (2.34%)
Total Shares Offered 31487777 (100%)

Fractal Analytics IPO Analytics

Fractal Analytics IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Fractal Analytics IPO Subscription Status

Fractal Analytics IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 2.81x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 91,94,187
46,12,737
30,75,158
15,37,579
30,75,158 1,76,18,278
Day 1 09-02-26 05:00 PM
0.00 x
0.08x
0.05x
0.13x
0.37 x 0.09 x
Day 2 10-02-26 05:00 PM
0.03 x
0.28x
0.30x
0.24x
0.64 x 0.21 x
Day 3 11-02-26 05:00 PM
4.41 x
1.11x
1.24x
0.86x
1.08 x 2.81 x
Total No. of Applications
bHNI sHNI Retail
147292 (Approx) 0.18x 0.71x 0.7x

Fractal Analytics Valuations

Earnings

EPS Pre IPO
₹13.74/-
EPS Post IPO
₹8.25/-
P/E Pre IPO
65.50
P/E Post IPO
109.12

Returns

RoNW
12.60%
PAT Margin
8.00%

Fundamentals

Price / Book
8.65
Market Cap
15,473.60 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Fractal Analytics Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 2965.40 2857.60 2392.00 2248.70
Revenue 1594.30 2816.20 2241.90 2043.70
Profit After Tax 70.90 220.60 -54.70 194.40
Net Worth 1957.50 1748.30 1397.00 1339.20
Reserves & Surplus 1937.10 1728.70 1380.50 1323.10
Total Borrowing 274.60 266.20 250.10 325.60

Fractal Analytics Company & Offer Insights

About Fractal Analytics

Fractal Analytics, founded in March 2000, is a leading global enterprise AI and analytics company that helps large companies make better decisions. Spanning more than two decades, the company designs AI solutions by mixing deep technical acumen with functional and domain expertise.

By March 31, 2025, Fractal's products and services were organized into two main segments:
Fractal.ai: This division offers AI products and services via its agentic AI platform, Cogentiq,;aimed at making product development easier with integrated tools, governance, low-code capabilities, and security.
Fractal Alpha: This division contains independent AI companies focused on growth markets, operated independently to drive business innovation across geographies and industries.
Together, the two divisions offer a full range of AI capabilities across client businesses and industries.

Fractal's strengths are its position of leadership in a rapidly growing AI market, long-standing collaborations with leading global customers, combined technical and domain knowledge, transparency and trust culture, history of innovation, and founder-driven leadership with a long-term perspective.

Fractal has more than 4,500 employees globally as of early 2025, reflecting its expanding presence in 17 offices worldwide.

Fractal Analytics Promoter(s)

Srikanth Velamakanni, Pranay Agrawal, Chetana Kumar, Narendra Kumar Agrawal, Rupa Krishnan Agrawal are the company's promoters of Fractal Analytics.

Fractal Analytics IPO Issue Objectives

Investment in one of our Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings - 264.90 Cr
Purchase of laptops - 57.10 Cr
Setting-up new office premises in India - 121.10 Cr
Investment in (a) research and development; and (b) sales and marketing under Fractal Alpha - 355.10 Cr
Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes

Fractal Analytics IPO - Anchor Investors

Fractal Analytics raises Rs 1,248 crore from anchor investors ahead of its Rs 2,834-crore IPO.
SBI Small Cap Fund, and Life Insurance Corporation of India were the largest investors for the anchor book, investing Rs 104.99 crore, and Rs 99.99 crore, respectively.
Marquee global investors like Morgan Stanley, Amundi Funds, Goldman Sachs, Kuwait Investment Authority, Ashoka WhiteOak, Allspring Global Investments, Societe Generale, Prudent Investment Flexicap Scheme, and Integrated Core Strategies participated in the anchor book.

Out of the overall allocation amounting to 1.38 crore equity shares, 52.77 lakh shares were given to 11 domestic mutual funds such as ICICI Prudential AMC, Motilal Oswal AMC, UTI AMC, Trust MF, Baroda BNP Paribas MF, Bandhan MF, Invesco India, Sundaram MF, Abakkus, and Union MF.
Apart from LIC, the HDFC Life Insurance Company, SBI Life Insurance Company, Bharti Axa Life Insurance Company, and Edelweiss Life Insurance Company also invested in the company through the anchor book mechanism by purchasing shares worth Rs 150.93 crore.

Fractal Analytics IPO - Strengths and Risks

Fractal Analytics IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Leadership in a High-Growth AI Market: The firm is operating in one of the most rapidly growing technology categories in the world. With the growing adoption of AI by enterprises and the increasing dependence on third-party Data, Analytics, and AI (DAAI) service providers, the firm is poised to gain from the long-term growth of the market.
Strong Technical Expertise: The firm has strong technical expertise in GenAI, machine vision, algorithmic decision-making, cloud and data engineering, behavioral science, and human-centered design. The firm’s data-centric AI expertise has been rated in the Everest Group’s PEAK Matrix® Assessment 2025.
Deep Functional and Domain Expertise: The firm serves clients across several business functions such as sales & marketing, supply chain, finance & accounting, and data & AI. The firm’s ability to leverage solutions across industries with similar value-chain challenges is an added strength that enhances scalability and client relevance.

Risks

Cybersecurity and Data Protection Risks: Cybersecurity breaches, cyber-attacks, viruses, or hacking incidents that may affect the company’s systems or those of its clients, cloud service providers, and third-party vendors may result in loss of data, business interruption, reputational damage, litigation, and negative financial impact.
Risks in AI Solution Delivery and Implementation: The company’s business is dependent on successful and timely implementation of AI solutions in complex computing environments. Delays, defects, or failure to meet client satisfaction or contractual timelines may result in cost overruns, disputes, loss of business, and negative financial impact.
Dependence on Skilled Talent and Key Leadership: The company is heavily dependent on its ability to successfully attract, retain, and develop highly skilled AI and GenAI talent, as well as the continued involvement of the Company’s Promoters and key leadership. Talent shortages, increased employee costs, or loss of key talent may impact growth, profitability, and execution capabilities.

Contact Information

Contact Details

Fractal Analytics

+91 22 6850 5800

investorrelations@fractal.ai

https://fractal.ai/

Level 7, Commerz II, International Business Park, Oberoi Garden City, Off W. E. Highway, Goregaon (E), Mumbai, Maharashtra - 400063

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

fractal.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

Click any question to reveal the answer

Fractal Analytics IPO is a book-built IPO worth ₹2833.9 crore. The price band is ₹857–₹900 per share. The IPO opens on Feb 9, 2026 and closes on Feb 11, 2026. It will be listed on BSE and NSE. MUFG Intime India Pvt. Ltd. is the registrar.

The price band of Fractal Analytics IPO is ₹857 to ₹900 per share.

The lot size of Fractal Analytics IPO is 16 shares.

The minimum investment for Fractal Analytics IPO is approximately ₹14,400 based on the upper price band .

Fractal Analytics IPO opens on Feb 9, 2026 and closes on Feb 11, 2026.

The allotment date of Fractal Analytics IPO is Feb 12, 2026.

Fractal Analytics IPO is expected to be listed on Feb 16, 2026, on BSE and NSE .

Fractal Analytics IPO listed on Feb 16, 2026. It was issued at ₹876.0(NSE) and is currently around ₹942.00 as on 15-May-2026 3:30 PM, which is approximately 4.7% versus issue price. The 52-week high is ₹1,118.00.

Based on listing and post-listing performance, Fractal Analytics IPO delivered around 4.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Fractal Analytics IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Fractal Analytics IPO valuation snapshot: P/E 109.12, EPS ₹8.25/-, P/B 8.65, RoNW 12.60%, and market cap 15,473.60 Cr.

To apply for Fractal Analytics IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Fractal Analytics IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Fractal Analytics IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Fractal Analytics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Fractal Analytics IPO allotment status on IPO Ji for quick and easy access.