FRACTAL ANALYTICS LIMITED
₹ 857 - ₹ 900
09-Feb-2026 - 11-Feb-2026
₹ 14400.00

/ 16 Shares

FRACTAL ANALYTICS LIMITED

09-Feb-2026 - 11-Feb-2026

₹ 857 - ₹ 900

Price Band

₹ 14400.00

Minimum Investment

16

Bid Lot

30,821,109

Shares

IPO Details

Fresh Issue of Equity Shares aggregating up to Rs.1,023.50 Cr and Offer for Sale of Equity Shares aggregating up to Rs.1,810.40 Cr

Category % Shares/Amount
QIB 75% 23,115,832 Shares RS.2080.42 CR
HNI 1 5% 1,541,055 Shares RS.138.69 CR @ 6880 FORM 1X
HNI 2 10% 3,082,111 Shares RS.277.39 CR @ 13759 FORM 1X
Retail 10% 3,082,111 Shares RS.277.39 CR @ 192632 FORM 1X

BRLMs: Axis Capital, Kotak Mahindra Capital, Morgan Stanley, Goldman Sachs (India)

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
192632 FORM 1X 6880 FORM 1X 13759 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 16 ₹ 14,400
Retail (Upto 2 Lakh) 13 208 ₹ 187,200
S-HNI (2 Lakh to 10 Lakh) 14 224 ₹ 201,600
S-HNI (2 Lakh to 10 Lakh) 69 1104 ₹ 993,600
B-HNI (Above 10 Lakh) 70 1120 ₹ 1,008,000

IPO Timeline

  • Open Date

    09-Feb-2026

  • Close Date

    11-Feb-2026

  • Basis of Allotment Date

    12-Feb-2026

  • Initiation of Refunds

    13-Feb-2026

  • Credit Shares to Demat A/c

    13-Feb-2026

  • IPO Listing Date

    05-Feb-2026

About Company

  • Fractal Analytics (“Fractal”), established in 2000 and headquartered in Mumbai, is India’s leading pure-play enterprise data, analytics, and artificial intelligence (“AI”) company, recognised globally, with capabilities across the data, analytics, and AI (“DAAI”) value chain. They support large global enterprises with data-driven insights and assist them in their decision-making through their end-to-end AI solutions.
  • The company’s domain expertise spans across their focus industries of consumer-packaged goods (“CPG”) & retail (together with CPG, “CPGR”), technology, media, and telecom (“TMT”), healthcare and life sciences (“HLS”), and banking, financial services, and insurance (“BFSI”).
  • Fractal is a client-centric company that prioritises its clients’ success and creates long-term value for them. Their “client first” value is reflected in the longevity of their relationships with top clients, and in their Net Promoter Score.
  • Fractal focuses on AI and advanced analytics and provides DAAI consulting and technology services, software solutions, and AI products to enterprises, with advanced capabilities in Computer Vision (CV), NLP, and Gen AI.
  • The company has built foundational models, including Kalaido.ai, their own diffusion-based text-to-image model, Vaidya.ai, an ecosystem of medical multi-modal foundation models consisting of LLMs, VLMs, and medical reasoning systems, and open-sourced their large reasoning model (“LRM”) Fathom-R1-14B along with its datasets.
  • The company works with large global enterprise clients to help them navigate the entire life cycle of AI transformation from ideation to adoption to drive decisions in the enterprise.
  • In Fiscal 2025, they served 122 MWCs; their clients include Citibank, N.A. (“Citi”), Costco, Franklin Templeton, Mars, Mondelez, Nationwide, Nestle, Philips, among others. As of March 31, 2025, they served a majority of the “magnificent seven” companies.
  • As of March 31, 2025, they worked with 10 of the 20 largest CPG companies, 8 of the 20 largest TMT companies, 3 of the 20 largest BFSI companies, 10 of the 20 largest HLS companies, and 5 of the 20 largest retail companies, based on Fiscal 2025 revenue.
  • As of January 19, 2026, they had 28 registered patents and 38 patent applications.
Read More

Strengths

Competitive Strength 

  • Leading Player in a large and growing AI market
  • Long-standing and growing relationships with marquee, global clients contributing to a diversified revenue base
  • Deep and integrated technical, domain, and functional expertise
  • Track record of inventing and investing to benefit clients
  • Experienced founders-led management team focused on building Fractal for the long term

Business Strategies 

  • Acquire and grow "must-win clients", or "MWCs"
  • Expand capabilities by investing in AI research and product innovation
  • Continue to build a great place to work
  • Partner with leading technology companies
  • Accelerate their capabilities through acquisitions

Company Promoters

Company Financials

Company Financials (Restated Consolidated)

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 2,965.40 2,857.60 2,392.00 2,248.70
Total Income 1,594.30 2,816.20 2,241.90 2,043.70
Profit After Tax 70.90 220.60 -54.70 194.40
EBITDA 185.60 398.00 97.20 436.80
NET Worth 1,957.50 1,748.30 1,397.00 1,339.20
Reserves and Surplus 1,937.10 1,728.70 1,380.50 1,323.10
Total Borrowing 274.60 266.20 250.10 325.60
Amount in ? Crore

Objects of the Issue

# Issue Objects Est Amt (? Cr.)
1 Investment in one of our Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings 264.90
2 Purchase of laptops 57.10
3 Setting-up new office premises in India 121.10
4 Investment in (a) research and development; and (b) sales and marketing under Fractal Alpha 355.10
5 Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes  

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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