
Fractal Analytics IPO Description – Founded in 2000, Fractal Analytics is a globally recognized enterprise artificial intelligence (AI) company that empowers human decision-making through AI-driven insights and solutions. As of 31 March 2025, the company operates under two key segments—Fractal.ai, which delivers AI services and products primarily hosted on its flagship platform Cogentiq, and Fractal Alpha, which manages independent AI businesses.
Fractal serves 113 “Must Win Clients” (MWCs), including global enterprises such as Citi, Nestlé, Mars, and Philips, with its top ten clients contributing 53.8% of Fractal.ai’s revenue in Fiscal 2025. The firm’s expertise spans consumer packaged goods and retail (CPGR), technology, media and telecom (TMT), healthcare and life sciences (HLS), and banking, financial services, and insurance (BFSI).
Recognized by Everest Group and Forrester as a leader in AI and analytics, Fractal has developed proprietary foundation models such as Kalaido.ai, Vaidya.ai, and Fathom-R1-14B, alongside pioneering initiatives like Project Ramanujan. With over 24 patents and 41 applications, Fractal emphasizes research, innovation, and client-centricity, achieving an NPS of 77 and maintaining a “Great Place to Work” certification across seven countries.

Promoters of Fractal Analytics – Srikanth Velamakanni, Pranay Agrawal, Chetana Kumar, Narendra Kumar Agrawal, and Rupa Krishnan Agrawal
Table of Contents
Fractal Analytics IPO Details
| Fractal Analytics IPO Dates | 9 – 11 February 2026 |
| Fractal Analytics Issue Price | INR 857 – 900 per share Employee discount – INR 85 per share |
| Fresh issue | INR 1,023.5 crore |
| Offer For Sale | INR 1,810.4 crore |
| Total IPO size | INR 2,833.9 crore |
| Minimum bid (lot size) | 16 shares (INR 14,400) |
| Face Value | INR 1 per share |
| Retail Allocation | 10% |
| Listing On | BSE, NSE |
Fractal Analytics Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 1,985.4 | 2,196.3 | 2,765.4 | 1,559.0 |
| Expenses | 2,225.2 | 2,250.6 | 2,575.5 | 1,446.2 |
| Net income | 203.0 | (47.5) | 223.0 | 71.8 |
| Margin (%) | 10.22 | (2.16) | 8.06 | 4.61 |
Fractal Analytics Offer News
- Fractal Analytics RHP
- Fractal Analytics DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Fractal Analytics Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2026 (Post-Issue) | |
| EPS | 12.42 | (3.12) | 13.36 | 8.35 |
| PE Ratio | – | – | 64.15 – 67.37 | 102.63 – 107.78 |
* Calculated on the basis of annualized Profits After Tax for FY 2026 and dilution impact
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 14.5 | (3.9) | 12.6 |
| NAV | 83.0 | 85.0 | 104.0 |
| EBITDA (%) | 22.0 | 4.4 | 14.4 |
| Debt/Equity | 0.07 | 0.11 | – |
Fractal Analytics IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 10 Feb 2026 | 10 | 100 |
| 9 Feb 2026 | 20 | 200 |
| 7 Feb 2026 | 65 | 850 |
| 6 Feb 2026 | 75 | 900 |
| 5 Feb 2026 | 120 | 1,350 |
| 4 Feb 2026 | 190 | – |
| 3 Feb 2026 | 250 | – |
Fractal Analytics Offer Objectives
The company proposes to utilize the net proceeds from the issue towards the following objects:
- Investment in Fractal USA subsidiary, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings – INR 264.9 crore
- Purchase of laptops – INR 57.1 crore
- Setting up new office premises in India – INR 121.1 crore
- Investment in (a) research and development, and (b) sales and marketing under Fractal Alpha – INR 355.1 crore
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes
Fractal Analytics IPO Subscription – Live Updates
1,38,69,499 Shares allotted to anchor investors are not included in these calculations.
Fractal Analytics IPO Allotment Status
Fractal Analytics IPO allotment status will be available on the MUFG Intime India website. Click on this link to get the allotment status.
Fractal Analytics IPO Dates & Listing Performance
| IPO Opening Date | 9 February 2026 |
| IPO Closing Date | 11 February 2026 |
| Finalization of Basis of Allotment | 12 February 2026 |
| Initiation of refunds | 13 February 2026 |
| Transfer of shares to demat accounts | 13 February 2026 |
| Fractal Analytics IPO Listing Date | 16 February 2026 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Fractal Analytics IPO Reviews – Subscribe or Avoid?
Aditya Birla Money – Neutral
Anand Rathi – Subscribe for long term
Axis Capital –
Antique Stock Broking –
Arihant Capital – Subscribe
Ashika Research – Neutral
Asit C Mehta –
BP Wealth – Subscribe for long term
Capital Market – Avoid
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit – Subscribe for long term
GEPL Capital – Subscribe
Hem Securities – Subscribe for long term
ICICIdirect –
Investmentz –
Jainam Broking – Subscribe
Kunvarji Wealth – Subscribe for long term
Lakshmishree Investment – Subscribe for long term
Marwadi Financial –
Master Trust – Subscribe for long term
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
SBI Securities – Neutral
Samco Securities – Avoid
SMC Global – 1.5/5
SMIFS – Subscribe for long term
Stoxbox – Subscribe
Sushil Finance – Subscribe for long term
Swastika Investmart – Subscribe
Ventura Securities – Subscribe
Fractal Analytics IPO Lead Manager
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
27 BKC, 1st Floor, Plot no. C-27,
‘G’ Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Phone: +91 22 4336 0000
Email: [email protected]
Website: www.investmentbank.kotak.com
Fractal Analytics Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai-400 083
Phone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Fractal Analytics Contact Details
FRACTAL ANALYTICS LIMITED
Level 7, Commerz II, International Business Park,
Oberoi Garden City, Off W. E. Highway, Goregaon (E),
Mumbai 400 063, Maharashtra, India
Phone: +91 22685 05800
Email: [email protected]
Website: www.fractal.ai
Fractal Analytics IPO FAQs
How many shares in the Fractal Analytics IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in the Fractal Analytics Public Offer?
The best way to apply for Fractal Analytics public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Fractal Analytics IPO GMP today?
Fractal Analytics IPO GMP today is INR 10 per share.
What is Fractal Analytics’ Subject to Sauda rate today?
Fractal Analytics Subject to Sauda rate today is INR 100 per application.





































Fine