Fractal Analytics IPO: ₹2,834 Crore Issue Opens Feb 9 at ₹857–₹900 Price Band

Fractal Analytics IPO

Fractal Analytics IPO is a book-built issue of ₹2,833.90 crore, combining a fresh issue and an offer for sale in one of the more closely watched tech listings of 2026. The fresh issue comprises 1.14 crore shares aggregating to ₹1,023.50 crore, while the offer for sale (OFS) consists of 2.01 crore shares aggregating to ₹1,810.40 crore, allowing existing shareholders to partially exit while the company raises primary capital for growth.

The IPO is aimed at giving investors exposure to a pure-play enterprise AI and analytics platform at scale, in a market where “AI” is usually buried inside larger IT services names.

Fractal Analytics IPO Details

The key structural details of the Fractal Analytics IPO are laid out below for quick reference:

On the grey-market side, the latest GMP is around ₹12, implying an estimated listing price near ₹912 (upper band ₹900 + GMP) and an indicative gain of roughly 1.33% per share.

The trend, however, is soft: GMP has cooled from earlier highs (up to ~₹180) to the current low end, signalling tempered near-term sentiment even though the business story remains strong. Retail “subject to sauda” levels near ₹100 and small-HNI around ₹1,400 further underline that the listing pop expectations have moderated rather than vanished.

Fractal Analytics IPO Dates 

The Fractal Analytics IPO timetable is tight and straightforward, which helps investors plan funds and expectations:

About Fractal Analytics

Fractal Analytics, founded in March 2000, is a global enterprise AI and analytics company that helps large enterprises make data-driven decisions using advanced AI, machine learning and analytics products.

The company’s offerings are now organised into two main segments: Fractal.ai, which delivers AI services and products via its agentic AI platform Cogentiq (with low-code tools, governance, and built-in security), and Fractal Alpha, which houses independently managed, standalone AI businesses targeting growth markets and verticals. This structure lets Fractal run both as a consulting/solutions partner and as a portfolio of scalable AI products.

The client list is stacked with marquee names across sectors: global banks, consumer giants, insurers, CPG majors, and technology-led enterprises – including long-term relationships that underpin a diversified revenue base.

Competitive strengths highlighted include: being an early and leading player in a fast-growing AI market, sticky relationships with top-tier clients, deep technical plus domain expertise, a culture that emphasises trust, transparency and freedom to innovate, and a founder-led leadership team with a long-term view rather than a quick-exit mindset.

In simple terms, this IPO gives public-market investors a chance to participate directly in a scaled, India-rooted but globally exposed AI business at a time when demand for decision intelligence, automation and generative/agentic AI is expanding across industries.

The subdued but positive GMP hints that near-term listing gains may be modest, but the real question for investors will be whether Fractal’s execution, client mining and product bets can compound value beyond the initial debut.

Disclaimer

IPO details such as issue size, dates, price band, and structure are based on the latest publicly available offer documents and market information and may be subject to updates, corrections, or regulatory changes. Prospective investors should rely on the official prospectus and consult financial advisers before making any investment decisions.