| Price | 857 to 900 |
|---|---|
| GMP Rumors | ₹0 |
| Lot size | 16 |
| Issue size | ₹2,833.9 Cr |
| Allotment | 12-02-2026 |
| Listing | 16-02-2026 |
| Suggestion | Avoid |
| Allotment Status | MUFG |
| Video |
BSE List Price : ₹900.00
NSE List Price : ₹876.00
| Category | Times |
|---|---|
| QIBs | 4.41x |
| HNIs | 1.11x |
| Retail | 1.08x |
| Total : 2.81x | |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 16 | ₹14,000 |
| Retail Maximum | 13 | 208 | ₹187,200 |
| S-HNI Minimum | 14 | 224 | ₹201,600 |
| S-HNI Maximum | 69 | 1,104 | ₹993,600 |
| B-HNI Minimum | 70 | 1,120 | ₹1,008,000 |
Founded in March 2000, Fractal Analytics is a globally recognized AI and analytics firm. The company supports large enterprises in making data-driven and intelligent decisions. With over two decades of experience, Fractal has consistently developed advanced AI solutions by blending strong technological capabilities with deep business understanding.
Fractal’s operations are organized into two core segments. Fractal.ai delivers AI services and products through its proprietary platform, Cogentiq, while Fractal Alpha focuses on building and scaling independent AI ventures that foster innovation across multiple industries.
As of early 2025, Fractal employs approximately 4,500 professionals across 17 offices worldwide. The company’s key strengths include strong leadership in the rapidly expanding AI sector, long-standing client relationships, extensive technical and domain expertise, a transparent workplace culture, and a proven history of innovation.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹2043.70 | ₹2225.20 | ₹194.40 | ₹2248.70 |
| 2024 | ₹2241.90 | ₹2250.60 | ₹-54.70 | ₹2392.00 |
| 2025 | ₹2816.20 | ₹2575.50 | ₹220.60 | ₹2857.60 |
| Sep 2025 | ₹1594.30 | ₹1446.20 | ₹70.90 | ₹2965.40 |
Srikanth Velamakanni
Pranay Agrawal
Chetana Kumar
Narendra Kumar Agrawal
Rupa Krishnan Agrawal
Leadership in a High-Growth AI Market: The company operates in a fast-growing AI sector and is well positioned to benefit from increasing enterprise adoption and reliance on DAAI service providers.
Strong Technical Capabilities: The company has deep expertise across GenAI, machine vision, data engineering, and algorithmic decision-making, with recognition in the Everest Group’s PEAK Matrix® Assessment 2025.
Cybersecurity and Data Protection Risks: Security breaches or cyberattacks across company or third-party systems may cause data loss, operational disruption, reputational damage, and financial impact.
AI Delivery and Implementation Risks: Delays, defects, or failure to meet client or contract requirements in deploying AI solutions could lead to higher costs, disputes, loss of business, and financial impact.
Investment in one of our Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings.
Purchase of laptops.
Setting-up new office premises in India.
Investment in (a) research and development; and (b) sales and marketing under Fractal Alpha.
Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes.
Fractal Analytics Ltd.
Level 7, Commerz II,
International Business Park, Oberoi Garden City
Off W. E. Highway, Goregaon (E),
Mumbai, Maharashtra, 400063
Phone: +91 22 6850 5800
Email: investorrelations@fractal.ai
Website: https://fractal.ai/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: fractal.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Avoid