The grey market premium (GMP) for the Fractal Analytics IPO continues to remain in focus of the primary market investors as subscription for the mainboard issue enters day 2. Fractal Analytics Ltd., a global AI and analytics firm, launched its initial public offering (IPO) on Feb. 9, 2026.
Ahead of the launch of the Rs 2,800-crore mainboard issue, the GMP for the Fractal Analytics IPO was as high as Rs 57 indicating a potential listing gain of over 6%. The GMP declined further to Rs 13 indicating a listing gain of around 1%. Investors who want to bid for shares in the IPO must check the following details before applying for the Fractal Analytics shares.
Fractal Analytics IPO GMP Today
According to InvestorGain, the latest GMP for the Fractal Analytics IPO stood at Rs 4 on Feb. 10. The latest GMP indicates a listing price of Rs 908 apiece at a premium of 0.44% over the upper limit of the issue price of Rs 900 per share.
Note: GMP does not represent official data and is based on speculation.
Fractal Analytics IPO: Subscription Status
The IPO has been booked 0.13 times so far on Tuesday
- Qualified Institutional Buyers: NIL
- Non-Institutional Investors: 0.12 times
- Retail Individual Investors: 0.50 times
Fractal Analytics IPO: Key Details
The Fractal Analytics IPO is a book-building issue worth Rs 2,833.9 crore. The IPO is a combination of a fresh issue of 1.14 crore shares, worth Rs 1,023.5 crore, and an offer-for-sale (OFS) of 2.01 crore shares, amounting to Rs 1,810.4 crore.
Retail investors can participate in the IPO by bidding for a single lot size of 16 shares, requiring an investment of Rs 14,400. Small Non-Institutional Investors (NIIs) need to bid for 14 lots, amounting to an investment of Rs 2,01,600. Big Non-Institutional Investors can participate in the IPO by bidding for a minimum of 70 lots. It will lead to an investment of Rs 10,08,000.
The price band for the IPO has been fixed between Rs 857 and Rs 900 per share.
The subscription window for the Fractal Analytics IPO will remain open from Feb. 9 to Feb. 11. The IPO allotment status is expected to be finalised on Feb. 12. The company will transfer shares to the Demat accounts of successful bidders on Feb. 13 and refunds for non-allottees will also be done on the same day.
Shares of Fractal Analytics are tentatively scheduled to be listed on the BSE and NSE on Feb. 16.
The Qualified Institutional Buyers (QIBs) will be offered a minimum of 75% of the offer. Retail investors will be allocated a maximum of 10% of the issue and a maximum of 15% will be reserved for Non-Institutional Investors.
Kotak Mahindra Capital Ltd. is the book running lead manager and MUFG Intime India Ltd. is the registrar of the issue.
Use Of Proceeds
The company will use proceeds from the IPO to invest in one of its subsidiaries for pre-payment and/or repayment of its borrowings, buying laptops, setting up new office premises, research and development, sales and marketing under Fractal Alpha, inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes.
About Fractal Analytics
Fractal Analytics is an analytics and artificial intelligence company that serves industries such as consumer goods, insurance, retail, healthcare and life sciences.
Financials
The company reported a 19.86% year-on-year (YoY) rise in revenue from operations at Rs 1,559 crore in H1FY26 compared to Rs 1,300.7 crore in H1FY25. Profit declined 2.74% YoY to Rs 70.9 crore in H1FY26 from Rs 72.9 crore in H1FY25.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.
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