The Fractal Analytics IPO has stepped into the spotlight after the company confirmed its price band and timeline. For investors tracking upcoming mainboard listings, this issue has drawn attention due to its size, structure, and the company’s long-standing presence in enterprise AI and analytics.
Here’s a clean, clear breakdown of the Fractal Analytics IPO, explained simply, without noise, speculation, or market hype—just the facts as laid out in the public documents.
Market Performance Snapshot
The Fractal Analytics IPO price band has been fixed between ₹857 and ₹900 per equity share, with a face value of Re 1 per share.
- Lower end of price band: ₹857
- Upper end of price band: ₹900
- Lot size: 16 equity shares
- Investment in multiples: 16 shares and thereafter
At the upper cap, the price stands 900 times the face value, while the floor price is 857 times the face value.
Fractal Analytics IPO: Key Dates to Track
The IPO calendar for Fractal Analytics lays out a short, clearly defined window:
- Anchor investor allocation: Friday, February 6
- IPO opens for subscription: Monday, February 9
- IPO closes: Wednesday, February 11
- Basis of allotment: Thursday, February 12
- Refunds and demat credit: Friday, February 13
- Listing on BSE and NSE: Monday, February 16
These timelines are standard for a mainboard IPO and align closely with recent listings.
Issue Size and Structure
The total size of the Fractal Analytics IPO is ₹2,833.9 crore, making it one of the larger offerings in the enterprise technology space.
Breakup of the IPO
- Fresh issue: ₹1,023.5 crore
- Offer For Sale (OFS): ₹1,810.4 crore
- Total issue size: ₹2,833.9 crore
Notably, the IPO size has been reduced by 42% from its earlier proposed level of ₹4,900 crore, reflecting a recalibration of the offer.
Reservation Details
The public issue is structured with clear investor-category limits:
- Qualified Institutional Buyers (QIBs): Not less than 75%
- Non-Institutional Investors (NIIs): Not more than 15%
- Retail Individual Investors: Not more than 10%
In addition, employee reservation has been set at ₹600 million worth of shares.
Use of IPO Proceeds
As outlined in the red herring prospectus, proceeds from the Fractal Analytics IPO will be used across multiple operational priorities:
- Allocation of funds to a subsidiary for partial debt repayment
- Purchase of laptops and IT infrastructure
- Acquisition of additional office space
- Investments in research and development
- Spending on sales and marketing
- Funding for inorganic acquisitions (unspecified)
No forward-looking projections or expectations are stated beyond these defined uses.
Company Overview: Fractal Analytics
Founded in March 2000, Fractal Analytics operates as a global enterprise AI and analytics company, helping large organizations make data-led decisions at scale.
With over two decades of operating history, the company combines AI engineering with deep domain understanding across industries.
Business Structure
As of September 30, 2025, Fractal’s operations are organized into two primary divisions:
Fractal.ai
- Focuses on AI services and AI-led products
- Anchored by its agentic AI platform Cogentiq
- Platform features include:
- Integrated development tools
- Governance frameworks
- Low-code capabilities
- Security layers
Fractal Alpha
- Houses independent AI-led businesses
- Each unit operates separately
- Designed to encourage innovation across sectors and geographies
According to the company’s disclosures, no listed company in India or globally follows an identical business model, as stated in its prospectus.
Lead Managers and Registrar
The issue is being managed by a consortium of book-running lead managers:
- Kotak Capital
- Morgan Stanley India
- Axis Capital
- Goldman Sachs
MUFG Intime India Pvt. Ltd. has been appointed as the registrar to the issue.
Fractal Analytics IPO: Final Summary
The Fractal Analytics IPO brings a well-established AI and analytics firm to the public markets through a ₹2,833.9 crore issue, combining a fresh capital raise with an OFS component. The IPO follows a tight schedule, a defined use of proceeds, and a conventional reservation structure dominated by institutional investors.
With operations built over 25 years, a two-vertical business model, and a global footprint, the offering marks a significant milestone in Fractal Analytics’ corporate journey—now transitioning into the listed space.
This article strictly reflects information available in the public domain and company filings, without adding assumptions, forecasts, or external opinions.
Source: Livemint
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