Fractal Analytics Ltd. is set to launch its initial public offering (IPO) next week to raise over Rs 2,800 crore from the primary market. It is an artificial intelligence company that serves multiple industries. Ahead of the launch of the IPO on Feb. 9, the grey market premium (GMP) indicated a potential listing gain of 20% per share. Investors who want to bid for shares in the IPO can check the following details before making an investment decision.
Fractal Analytics IPO GMP Today
According to InvestorGain, the GMP for the Fractal Analytics IPO stood at Rs 210 per share as of 11:00 a.m. on Feb. 4. The latest GMP indicates an estimated listing price of Rs 1,110 apiece at a premium of 23.33% over the upper limit of the price band of Rs 900 per share.
Note: GMP does not represent official data and is based on speculation.
ALSO READ: Temasek, LIC Are Said To Plan Share Sales In NSE's India IPO
Fractal Analytics IPO: Key Details
The Fractal Analytics IPO is a book build issue of Rs 2,833.9 crore. The mainboard issue comprises a fresh issuance 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.
To participate in the IPO, retail investors need to bid 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 a minimum 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 IPO subscription will remain open from Feb. 9 to Feb. 11, with the allotment expected to be finalised on Feb. 12. The company will transfer shares to the demat accounts of successful bidders on Feb. 13 and refunds to non-allottees will be done on the same day. Shares of the company are scheduled to be listed on the BSE and NSE on Feb. 16.
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 has proposed to utilise proceeds from the IPO to invest in one of its subsidiaries for pre-payment and repayment of its borrowings, buying laptops, setting up new office premises, research and development, sales and marketing under Fractal Alpha, besides 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 packaged goods, insurance, retail, healthcare and life sciences.
Financials
The company reported a 19.86% year-on-year (YoY) rise in revenue from operations to Rs 1,559 crore in H1FY26 from Rs 1,300.7 crore in H1FY25. Its net profit declined 2.74% YoY to Rs 70.9 crore in H1FY26 compared to Rs 72.9 crore in the same period of the preceding fiscal.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
Comprehensive Budget 2026 coverage, LIVE TV analysis, Stock Market and Industry reactions, Income Tax changes and Latest News on NDTV Profit.
