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BSE, NSE
Fractal Analytics Ltd
Listed
Fractal Analytics, established in March 2000, is a global enterprise AI and analytics firm that supports major companies in making more intelligent decisions.
Issue details
Price band
₹857 – ₹900
Face value
₹1
Lot size
16 shares
Minimum investment
₹14,400
Issue size
₹2833.90 Cr
Fresh issue
₹1025.58 Cr
Offer for sale
₹1808.32 Cr
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
9 Feb 2026
Closes
11 Feb 2026
UPI mandate cut-off
5:00 PM on 11 Feb 2026
Allotment
12 Feb 2026
Refunds
13 Feb 2026
Shares in demat
13 Feb 2026
Listing
16 Feb 2026
Subscription and listing
Subscription
2.01x
Listing price
₹876
Registrar
MUFG Intime India Pvt Ltd
Lead manager
Kotak Mahindra Capital Co., Axis Capital, Morgan Stanley India Co., Goldman Sachs (India) Securities
Subscription by category
Total
2.01x
Total applications
1,35,114
Anchor investors
Amount raised
₹1,248.25 Cr
Bid date
6 Feb 2026
50% lock-in ends
13 Mar 2026
Rest lock-in ends
12 May 2026
Listing day
Issue price
₹900
Open
₹876.00
High
₹897.30
Low
₹831.30
Day close
₹847.15
Listing gain at open
-2.67%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
2,31,15,833
73.25%
Anchor Investor Shares Offered
1,38,69,499
43.95%
QIB (Ex. Anchor) Shares Offered
92,46,334
29.30%
NII Shares Offered
46,23,166
14.65%
bNII > ₹10L
30,82,111
9.77%
sNII < ₹10L
15,41,055
4.88%
Retail Shares Offered
30,82,110
9.77%
Employee Shares Offered
7,36,196
2.33%
Total Shares Offered
3,15,57,305
100.00%
Finaccle’s quick read
Avoid
FY25 income up 26%, post-issue P/E 109.12x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Fractal Analytics, established in March 2000, is a global enterprise AI and analytics firm that supports major companies in making more intelligent decisions. With over two decades of experience, the company crafts AI solutions by blending its deep technical know-how with domain and functional expertise. As of Sep 30, 2025, Fractal’s offerings were structured into two key segments: Fractal.ai : This unit provides AI services and products through its agentic AI platform, Cogentiq, designed to simplify product development with built-in tools, governance, low-code features, and security.
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
—
ROCE
—
Debt / equity
—
PAT margin
4.50%
P/E post issue
109.12
Market cap
₹15,473.60 Cr
Use of IPO money
Investment in one of 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 (b) sales and marketing under Fractal Alpha
₹355.10 Cr
Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes
₹161.10 Cr
Issue Expenses
₹177.00 Cr
Strengths
✓
Revenue up 26% in FY25 to ₹2,816.20 Cr
Risks to watch
!
Thin PAT margin of 4.50%
!
Rich valuation: post-issue P/E of 109.12x
!
64% of issue is an offer for sale; company gets less fresh money
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.