Fractal Analytics IPO marked the public offering of Fractal Analytics Limited, a technology company specialising in artificial intelligence, advanced analytics, data science, and enterprise software solutions. The company develops AI-powered products and analytical platforms that help organisations transform business data into meaningful insights for better decision-making.
Its business combines artificial intelligence, machine learning, cloud technologies, data engineering, and digital transformation services to support enterprises across multiple industries. The company works with organisations seeking to improve operational efficiency, customer engagement, business forecasting, risk management, and strategic planning through advanced analytics and automation.
Fractal Analytics serves clients across sectors such as financial services, healthcare, insurance, retail, consumer goods, manufacturing, life sciences, technology, and telecommunications. Its business model focuses on long-term customer relationships, continuous innovation, product development, and expansion of AI-based enterprise solutions.
The artificial intelligence industry continues to experience rapid growth due to increasing enterprise digitalisation, cloud adoption, automation, demand for predictive analytics, and investment in data-driven technologies. However, business performance remains influenced by technological advancements, competition, cybersecurity requirements, client technology spending, regulatory developments, and the availability of skilled professionals.
Before investing in the Fractal Analytics IPO, investors should carefully evaluate the company’s financial performance, technology capabilities, customer diversification, product portfolio, competitive position, valuation, and long-term growth strategy. Analysing these factors can help investors make well-informed investment decisions.
This article covers every important aspect of the Fractal Analytics IPO, including IPO details, important dates, reservation, lot size, financial information, issue objectives, GMP, subscription status, strengths, risks, registrar details, allotment process, listing performance, and frequently asked questions.
Fractal Analytics IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Fractal Analytics IPO |
| Company Name | Fractal Analytics Limited |
| IPO Status | Listed |
| IPO Type | Book Built Issue |
| Category | Mainboard IPO |
| Face Value | ₹1 Per Equity Share |
| Price Band | ₹857 to ₹900 Per Equity Share |
| Issue Size | ₹2,833.90 Crore |
| Fresh Issue | ₹1,023.50 Crore |
| Offer for Sale | Up to 2,01,15,555 Equity Shares |
| IPO Open Date | 9 February 2026 |
| IPO Close Date | 11 February 2026 |
| Basis of Allotment | 12 February 2026 |
| Refund Initiation | 13 February 2026 |
| Shares Credited to Demat | 13 February 2026 |
| Listing Date | 16 February 2026 |
| Listing Exchange | BSE & NSE |
| Lot Size | 16 Shares |
| Minimum Investment | ₹14,400 |
| Registrar | MUFG Intime India Private Limited |
The Fractal Analytics IPO consisted of a fresh issue of equity shares together with an Offer for Sale by certain existing shareholders. The proceeds from the fresh issue were intended to support business expansion, technology investments, repayment or prepayment of borrowings, enhancement of artificial intelligence capabilities, and general corporate purposes, while the Offer for Sale enabled eligible shareholders to partially reduce their shareholding after the public issue.
Fractal Analytics IPO Dates
The Fractal Analytics IPO followed the standard timeline applicable to a Mainboard book-built public issue. After the subscription period concluded, the registrar completed the allotment process, initiated refunds where applicable, credited shares to successful applicants’ demat accounts, and completed the listing on the stock exchanges according to the announced schedule.
| IPO Event | Date |
|---|---|
| IPO Opening Date | 9 February 2026 |
| IPO Closing Date | 11 February 2026 |
| Basis of Allotment | 12 February 2026 |
| Refund Initiation | 13 February 2026 |
| Shares Credited to Demat Account | 13 February 2026 |
| Listing Date | 16 February 2026 |
These important dates enabled investors to monitor the progress of their IPO applications from subscription through allotment and listing.
Fractal Analytics IPO Reservation
The Fractal Analytics IPO reserved equity shares for different categories of investors in accordance with applicable SEBI regulations. This allocation structure enabled participation from institutional investors, non-institutional investors, and retail investors.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The final allocation under each category depended upon the number of valid applications received during the subscription period.
Fractal Analytics IPO Lot Size
The Fractal Analytics IPO required investors to apply for a minimum of one lot comprising 16 equity shares. Applications above the minimum quantity could be submitted in multiples of the prescribed lot size, subject to the investment limits applicable to each investor category.
| Application | Shares | Amount |
|---|---|---|
| Minimum Application | 16 Shares | ₹14,400 |
| 2 Lots | 32 Shares | ₹28,800 |
| 3 Lots | 48 Shares | ₹43,200 |
| 4 Lots | 64 Shares | ₹57,600 |
| 5 Lots | 80 Shares | ₹72,000 |
| 6 Lots | 96 Shares | ₹86,400 |
| 7 Lots | 112 Shares | ₹1,00,800 |
| 8 Lots | 128 Shares | ₹1,15,200 |
| 9 Lots | 144 Shares | ₹1,29,600 |
| 10 Lots | 160 Shares | ₹1,44,000 |
| 13 Lots (Retail Maximum) | 208 Shares | ₹1,87,200 |
Applicants were required to maintain sufficient funds in their ASBA-linked bank account until the allotment process was completed.
About Fractal Analytics IPO
Fractal Analytics Limited is an artificial intelligence and advanced analytics company that develops technology solutions for enterprises across multiple industries. The company combines artificial intelligence, machine learning, cloud computing, data engineering, and analytics to help organisations improve decision-making and business performance.
Its service portfolio includes AI-powered software products, decision intelligence platforms, predictive analytics, customer analytics, data engineering, automation solutions, and digital transformation services. These solutions are designed to help businesses manage large volumes of data, improve operational efficiency, enhance customer experiences, and support strategic planning.
The company serves a diversified client base across financial services, healthcare, insurance, retail, consumer goods, life sciences, manufacturing, technology, and telecommunications. Its business model focuses on long-term customer relationships, recurring revenue opportunities, continuous product innovation, and expansion into global markets.
The artificial intelligence industry continues to benefit from increasing enterprise digital transformation, cloud adoption, automation, generative AI technologies, and growing investments in data-driven business solutions. However, business performance remains influenced by technological innovation, competition, cybersecurity challenges, regulatory developments, client technology spending, and the availability of skilled professionals.
Before investing in the Fractal Analytics IPO, investors should carefully evaluate the company’s financial performance, technology capabilities, customer diversification, product portfolio, competitive position, valuation, and long-term growth strategy to determine whether the investment aligns with their financial objectives.
Fractal Analytics IPO Financial Information
The financial performance of a company provides valuable insight into its operational efficiency, profitability, and overall financial position. Investors generally review revenue growth, profit after tax, net worth, borrowings, and cash flow trends across multiple financial periods before making an investment decision.
Fractal Analytics Limited generates revenue primarily from artificial intelligence solutions, advanced analytics services, enterprise software platforms, cloud-based technologies, and digital transformation projects. Its financial performance is influenced by client acquisition, recurring business, technology investments, global demand for AI services, operational efficiency, and innovation.
| Particulars | FY2024 | FY2025 | 9M FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹2,244.61 Crore | ₹2,728.83 Crore | ₹2,169.48 Crore |
| Total Income | ₹2,286.37 Crore | ₹2,769.94 Crore | ₹2,203.15 Crore |
| Profit After Tax | ₹198.74 Crore | ₹287.63 Crore | ₹251.82 Crore |
| Net Worth | ₹1,563.82 Crore | ₹1,852.94 Crore | ₹2,091.38 Crore |
| Total Borrowings | ₹492.36 Crore | ₹451.18 Crore | ₹397.52 Crore |
The financial performance indicates consistent growth in revenue and profitability along with a gradual reduction in borrowings. Investors should also evaluate operating margins, recurring revenue, cash flow generation, customer retention, and future growth opportunities while assessing the Fractal Analytics IPO.
Fractal Analytics IPO Key Performance Indicators (KPIs)
Key Performance Indicators (KPIs) help investors assess profitability, capital efficiency, leverage, and valuation. These financial ratios should be considered collectively to gain a broader understanding of the company’s financial strength.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 17.94% |
| Return on Capital Employed (ROCE) | 21.63% |
| EBITDA Margin | 23.86% |
| PAT Margin | 10.54% |
| Debt-to-Equity Ratio | 0.19 |
| Earnings Per Share (EPS) | ₹18.46 |
| Net Asset Value (NAV) Per Share | ₹119.58 |
| Price to Book Value (P/BV) | 7.53x |
These indicators reflect healthy profitability, efficient capital utilisation, and a manageable debt position. Investors may also compare these KPIs with other listed technology and artificial intelligence companies to better understand the company’s valuation and operating performance.
Objects of the Fractal Analytics IPO
The Fractal Analytics IPO consisted of a fresh issue of equity shares together with an Offer for Sale by existing shareholders.
The primary objectives of the fresh issue include:
- Investing in technology infrastructure and artificial intelligence capabilities.
- Supporting research and product development.
- Funding strategic business expansion.
- Repayment or prepayment of certain borrowings.
- General corporate purposes.
The proceeds from the Offer for Sale were payable to the selling shareholders and were not received by the company.
Investors should evaluate the proposed utilisation of funds together with the company’s financial performance, technology capabilities, customer relationships, competitive position, valuation, and long-term business strategy before making an investment decision.
Fractal Analytics IPO GMP
The Grey Market Premium (GMP) is an unofficial indicator that reflects investor sentiment before an IPO is listed on the stock exchanges. It is based on trading activity in the unofficial grey market and may change frequently depending on subscription demand, market conditions, and overall investor sentiment.
Although many investors monitor the GMP to estimate potential listing performance, it should not be considered a guarantee of listing gains. The actual listing price depends on several factors, including company valuation, investor participation, market conditions, and demand on the listing day.
Investors evaluating the Fractal Analytics IPO should primarily focus on the company’s financial performance, technology capabilities, customer base, product portfolio, innovation strategy, and valuation rather than relying solely on grey market activity.
Fractal Analytics IPO Subscription Status
The subscription status reflects the level of investor participation during the IPO bidding period. It indicates the number of times the shares reserved for each investor category were subscribed. While strong subscription often reflects positive investor interest, it should always be analysed together with the company’s financial performance and business fundamentals.
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 42.81 |
| Non-Institutional Investors (NII) | 87.64 |
| Retail Individual Investors (RII) | 14.95 |
| Total Subscription | 38.72 |
The Fractal Analytics IPO attracted participation from institutional, non-institutional, and retail investors, reflecting healthy interest during the subscription period.
Fractal Analytics IPO Review
Fractal Analytics Limited operates in the artificial intelligence and advanced analytics industry by providing enterprise AI solutions, analytics platforms, cloud-based technologies, and digital transformation services. The company helps businesses improve operational efficiency, automate decision-making, and generate actionable insights from data.
Its diversified client base spans industries such as financial services, healthcare, insurance, consumer goods, retail, manufacturing, life sciences, and technology. The company’s emphasis on innovation, long-term customer relationships, and scalable AI solutions supports its competitive position in the global analytics market.
The artificial intelligence industry continues to benefit from increasing enterprise digitalisation, cloud adoption, automation, and investment in data-driven technologies. Growing demand for machine learning, predictive analytics, and enterprise AI solutions continues to create long-term business opportunities. However, the industry also faces challenges from rapid technological change, intense competition, cybersecurity risks, regulatory developments, and evolving customer requirements.
The company has demonstrated growth in revenue and profitability while continuing to invest in technology, product development, and business expansion. These initiatives may support sustainable long-term growth if executed efficiently.
Overall, the Fractal Analytics IPO may be suitable for investors seeking exposure to the artificial intelligence and enterprise technology sector. However, investors should carefully evaluate the company’s valuation, financial performance, competitive position, technology capabilities, and future growth prospects before making an investment decision.
Fractal Analytics IPO Strengths
- Strong presence in the artificial intelligence and advanced analytics industry.
- Diversified client base across multiple industries and international markets.
- Comprehensive portfolio of AI platforms, analytics solutions, and digital transformation services.
- Long-term customer relationships supported by recurring business opportunities.
- Continuous investment in research, innovation, and technology development.
- Consistent growth in revenue, profitability, and business scale.
Fractal Analytics IPO Risk Factors
- Rapid technological changes may require continuous investment in innovation.
- Intense competition from domestic and international technology companies.
- Dependence on enterprise technology spending and digital transformation budgets.
- Cybersecurity risks and data protection requirements may increase compliance costs.
- Difficulty in attracting and retaining skilled technology professionals.
- Global economic conditions may influence customer spending on technology services.
Fractal Analytics IPO Promoters
Fractal Analytics Limited is promoted by experienced professionals with extensive expertise in artificial intelligence, data analytics, technology consulting, and enterprise software development. The promoters have played a significant role in building the company’s global presence, expanding its technology capabilities, strengthening client relationships, and developing innovative AI-driven business solutions.
Their long-term strategy focuses on expanding artificial intelligence capabilities, enhancing product innovation, strengthening research and development, increasing global market presence, and delivering scalable enterprise technology solutions. Continuous investment in technology, talent, and innovation has supported the company’s business growth over the years.
Investors should review the promoter shareholding pattern, corporate governance practices, and disclosures contained in the Red Herring Prospectus before making an investment decision.
Fractal Analytics IPO Management Team
Fractal Analytics Limited is managed by professionals with experience in artificial intelligence, machine learning, data science, software engineering, cloud technologies, finance, operations, business development, and corporate strategy. The management team is responsible for implementing the company’s long-term business strategy while ensuring efficient day-to-day operations.
The leadership focuses on product innovation, technology development, customer acquisition, global expansion, operational excellence, research initiatives, and continuous improvement of AI-based enterprise solutions. The management also works towards strengthening client relationships, improving service delivery, and supporting sustainable business growth.
The experience of the management team contributes significantly to maintaining technological leadership, expanding business operations, and supporting the company’s long-term growth strategy.
Fractal Analytics IPO Registrar
The registrar manages various activities associated with the IPO process, including processing applications, finalising the basis of allotment, initiating refunds, crediting equity shares to successful applicants’ demat accounts, and handling investor-related queries after the issue closes.
| Particular | Details |
|---|---|
| Registrar | MUFG Intime India Private Limited |
| Issue Type | Mainboard IPO |
| Allotment Mode | Online |
| Listing Exchange | BSE & NSE |
After the allotment process is completed, investors can check their application status through the registrar’s official website using their PAN, Application Number, or DP/Client ID.
How to Check Fractal Analytics IPO Allotment Status
Investors can check the Fractal Analytics IPO allotment status after the registrar finalises the basis of allotment by following these steps:
- Visit the official website of the IPO registrar.
- Select “Fractal Analytics IPO” from the list of available public issues.
- Choose any one of the available search methods:
- PAN Number
- Application Number
- DP/Client ID
- Enter the required details correctly.
- Complete the verification process, if applicable.
- Click on the “Submit” button.
- The allotment status will be displayed on the screen.
Investors may also check the allotment status through the official websites of BSE and NSE after the allotment process is completed.
Fractal Analytics IPO Listing Performance
The Fractal Analytics IPO was listed on both the BSE and NSE after completion of the allotment process. The listing performance reflected investor demand during the subscription period together with prevailing market conditions and the company’s valuation at the time of listing.
While listing gains often receive significant attention, long-term investment performance depends on revenue growth, client retention, technology innovation, operational efficiency, product development, profitability, and successful execution of the company’s business strategy.
Investors should continue monitoring the company’s financial performance, customer base, technology investments, research initiatives, and global expansion strategy while evaluating its long-term investment potential.
Should You Invest in the Fractal Analytics IPO?
The Fractal Analytics IPO offered investors an opportunity to invest in a company operating in the rapidly growing artificial intelligence and advanced analytics industry. Its diversified customer base, technology-driven business model, strong product portfolio, and global presence provide a solid foundation for long-term business growth.
Increasing enterprise adoption of artificial intelligence, cloud computing, automation, predictive analytics, and digital transformation continues to support favourable industry prospects. However, investors should also consider technology risks, competition, cybersecurity challenges, changing customer requirements, and valuation before making an investment decision.
A detailed evaluation of the company’s financial performance, technology capabilities, competitive position, valuation, customer diversification, and long-term growth prospects can help investors determine whether the Fractal Analytics IPO aligns with their investment objectives and risk profile.
Conclusion
The Fractal Analytics IPO provided investors with an opportunity to participate in a technology company operating in the artificial intelligence and advanced analytics industry. Through its AI-driven solutions, enterprise software platforms, diversified customer base, and global operations, the company has developed a business model focused on long-term growth.
As businesses continue investing in artificial intelligence, automation, cloud computing, and digital transformation, the company may benefit from favourable industry trends. However, sustained growth will depend on continuous innovation, technology leadership, customer retention, operational efficiency, prudent financial management, and successful execution of its long-term strategy.
Before making an investment decision, investors should carefully analyse the company’s financial performance, valuation, competitive position, business strategy, and associated risks to determine whether the Fractal Analytics IPO is suitable for their investment objectives.
Frequently Asked Questions (FAQs)
What is the Fractal Analytics IPO?
The Fractal Analytics IPO was a Mainboard book-built public issue comprising a fresh issue of equity shares together with an Offer for Sale by existing shareholders.
What was the minimum lot size for the Fractal Analytics IPO?
The minimum application consisted of one lot of 16 equity shares.
Where were the shares listed?
The equity shares of Fractal Analytics Limited were listed on both the BSE and NSE.
What was the price band of the Fractal Analytics IPO?
The IPO was offered at a price band of ₹857 to ₹900 per equity share.
Who was the registrar for the Fractal Analytics IPO?
MUFG Intime India Private Limited acted as the official registrar for the issue.
How can investors check the allotment status?
Investors can check the allotment status through the registrar’s website using their PAN, Application Number, or DP/Client ID. The allotment status may also be available on the BSE and NSE websites.
What services does Fractal Analytics Limited provide?
The company provides artificial intelligence solutions, advanced analytics, machine learning, enterprise software, data engineering, cloud-based analytics, and digital transformation services.
Does the Grey Market Premium guarantee listing gains?
No. The Grey Market Premium is an unofficial market indicator and should not be considered a guarantee of listing performance or future returns.
What are the major growth drivers for the company?
The company’s growth is supported by increasing enterprise adoption of artificial intelligence, digital transformation, cloud technologies, automation, and data-driven business solutions.
What should investors evaluate before investing?
Investors should evaluate the company’s financial performance, technology capabilities, customer diversification, valuation, competitive position, industry outlook, and associated risks before making an investment decision.
