The much-awaited Fractal Analytics IPO is now entering its final stage before listing. The listing date has been fixed for February 16, and investors who applied are closely watching the next steps.
The Fractal Analytics IPO allotment was finalized on February 12. Today, February 13, shares are being credited to successful applicants' demat accounts. Refunds for unsuccessful bidders are also being processed simultaneously.
This marks the final transition from subscription to stock market debut for one of India’s notable pure-play data and artificial intelligence firms.
Market Performance: Fractal Analytics IPO Subscription Overview
The Fractal Analytics IPO opened for subscription from February 9 to February 11. Over three days, the public issue witnessed steady participation across categories.
By the close of bidding, subscription data showed:
- Overall subscription: 2.66 times
- QIB (Qualified Institutional Buyers): 4.18 times
- Non-Institutional Investors (NIIs): 1.06 times
- Retail Investors: 1.03 times
On the final day, the subscription stood at 2.66x, as per data available on BSE.
Institutional demand clearly led the participation. Retail and NII categories saw moderate bidding, crossing the fully subscribed mark but without aggressive oversubscription.
Fractal Analytics IPO: Important Dates
Here’s a quick snapshot of key milestones:
- IPO Opened: February 9
- IPO Closed: February 11
- Allotment Finalized: February 12
- Shares Credited to Demat: February 13
- Refunds Processed: February 13
- Listing Date: February 16
The timeline has moved as scheduled without delay.
Fractal Analytics IPO Price Band and Lot Size
The company fixed the price band at ₹857 to ₹900 per equity share.
Key pricing details:
- Face Value: Re 1 per equity share
- Lot Size: 16 equity shares
- Multiples: 16 shares thereafter
The pricing structure positioned the Fractal Analytics IPO in the premium segment among recent listings.
Reservation Breakup in Fractal Analytics IPO
As per regulatory structure, the allocation was divided into specific categories:
- Not less than 75% reserved for QIBs
- Not more than 15% reserved for NIIs
- Not more than 10% reserved for Retail Investors
- ₹600 million worth of shares reserved for employees
This allocation ensured institutional participation remained the dominant portion of the offering.
Fractal Analytics IPO Size and Structure
The total issue size stands at ₹2,834 crore.
The IPO consists of:
- Fresh Issue: ₹1,023.5 crore
- Offer For Sale (OFS): ₹1,810.4 crore
The fresh issue component will bring new capital into the company, while the OFS allows existing shareholders to partially dilute their holdings.
Use of Funds from Fractal Analytics IPO
The company has outlined clear utilization plans for the funds raised through the Fractal Analytics IPO.
A portion of the proceeds will be used to:
- Support its subsidiary in repaying certain outstanding debts
- Purchase laptops
- Acquire new office space
- Invest in research and development
- Strengthen sales and marketing efforts
- Fund certain acquisitions
The fresh capital is targeted towards operational strengthening and expansion initiatives.
Book Running Lead Managers and Registrar
The public issue is being managed by established financial institutions.
The Book Running Lead Managers (BRLMs) are:
- Kotak Mahindra Capital Company
- Morgan Stanley India
- Axis Capital
- Goldman Sachs
The registrar to the issue is:
- MUFG Intime India Pvt. Ltd.
These institutions are handling the execution and coordination of the listing process.
What Fractal Analytics IPO Listing Means Now?
With the subscription phase completed and shares credited to demat accounts, the focus now shifts to the Fractal Analytics IPO listing on February 16.
The public issue attracted:
- Strong institutional interest
- Moderate participation from retail investors
- Full subscription across all investor categories
The numbers tell a clear story. Institutions showed confidence with a 4.18x subscription. Retail participation crossed the threshold, but remained measured at 1.03x.
The company, positioned as a pure-play data and AI firm, is entering the public market with structured capital allocation plans and defined expansion objectives.
Company Snapshot: Fractal Analytics IPO at a Glance
- Company Type: Pure-play data and AI firm
- Total Issue Size: ₹2,834 crore
- Fresh Issue: ₹1,023.5 crore
- OFS: ₹1,810.4 crore
- Price Band: ₹857 – ₹900
- Lot Size: 16 shares
- Employee Reservation: ₹600 million
- Listing Date: February 16
Everything now hinges on the official market debut.
Summary: Fractal Analytics IPO Moves to Final Stage
The Fractal Analytics IPO has completed subscription, finalized allotment, and begun share credit and refund processing. The IPO witnessed an overall subscription of 2.66x, with QIBs leading at 4.18x.
With a total issue size of ₹2,834 crore and a structured allocation model, the company is ready for its stock market debut on February 16.
The process has progressed smoothly. Now, the spotlight shifts from numbers on paper to performance on listing day.
The story of the Fractal Analytics IPO moves from bidding counters to the trading screen.
Source: Livemint
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