Fractal Analytics IPO : GMP, Price, Analysis, And Details

Fractal Analytics IPO - Company Analysis

Fractal Analytics IPO, a Mainboard IPO, is a bookbuilding issue of Rs. 2,833.90 Cr by Fractal Analytics Ltd. and is an international corporate AI and analytics company that helps big businesses make better decisions. With more than 20 years of experience, the business creates AI solutions by combining its in-depth technical knowledge with functional and domain expertise.

Fractal's products were divided into two main categories as of September 30, 2025:

Fractal.ai: This division offers AI services and goods via its agentic AI platform, Cogentiq, which has built-in tools, governance, low-code features, and security to make product development easier.

Fractal Alpha: This category includes stand-alone AI companies aimed at expanding markets that are autonomously run to spur innovation in many sectors and regions.

Fractal Analytics IPO Details

The Fractal Analytics Ltd IPO open date is from Feb 09 to Feb 11, 2026 with IPO allotment on Feb 12, refund initiation on Feb 13, 2026. The Rs. 2,833.90 Cr mainline IPO comprises a combination of fresh issue of 1.14 crore shares (Rs. 1,023.50 Cr) and offer for sale of 2.01 crore shares (Rs. 1,810.40 Cr). The Fractal Analytics IPO listing date might be on Monday, 16 February 2026, and it will be listed at the BSE and NSE. The Fractal Analytics IPO price band is Rs. 857 to Rs. 900 for each Share. 

Events	Date
IPO Opening Date	February 09, 2026
IPO Closing Date	February 11, 2026
IPO Allotment Date	February 12, 2026 (Tentative)
Refund Initiation	February 13, 2026 (Tentative)
Tentative IPO Listing Date	February 16, 2026

 

Industry Outlook

(Source: Everest Group (2025)

If you want to apply for the IPO, click to open a Demat Account.

Company Financial 

(Amount in Cr)

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	2,857.60	2,392.00	2,248.70
Total Income	2,816.20	2,241.90	2,043.70
Profit After Tax	220.60	-54.70	194.40
EBITDA	398.00	97.20	436.80
Net Worth	1,748.30	1,397.00	1,339.20
Reserves and Surplus	1,728.70	1,380.50	1,323.10
Total Borrowing	266.20	250.10	325.60

 

Cash Flows

The cash flows for various activities are shown below:

(Amount in Mn)

Net Cash Flow In Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	3,970	1,595	(306)
Net Cash Flow Investing Activities	(1,810)	(1,501)	1,249
Net Cash Flow Financing Activities	(224)	(1,450)	(574)

 

Revenue Bifurcation

(Source: RHP)

Click to check the IPO application status.

Listed Peers of Fractal Analytics Ltd.

No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.

Valuation

KPI	Values
RoNW	12.6%
PAT Margin	8.00%
EBITDA Margin	14.40%
Price to Book Value	8.65

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 14.49 from the last year, the resulting P/E ratio is 62.11x.

Explore the KSH International IPO.

IPO's Strengths

• Leader in a huge and expanding AI market.
• established and expanding connections with well-known, international clientele that support a varied revenue stream.
• Comprehensive and cohesive technical, domain, and functional knowledge.
• History of creating and investing for the benefit of customers.
• A culture of openness, trust, and talent-development freedom.

 

 

IPO Weaknesses

• Risks to data protection and cybersecurity.
• Risks in the delivery and use of AI solutions.
• Reliance on key leadership and skilled talent.
  
  

Fractal Analytics IPO GMP 

Fractal Analytics IPO GMP today is Rs. 56 as of 06 Feb 2026. A price band set at Rs. 900 suggests that the estimated listing price of the IPO could be around Rs. 956, indicating a gain/loss of 6.22%.

Fractal Analytics Limited IPO Summary

IPO Opening & Closing Date	Feb 09, 2026 to Feb 11, 2026
Face Value	Rs. 1 per Share
Issue Price	Rs. 857 to Rs. 900
Lot Size	16 Shares
Issue Size	3,14,87,777 Shares (Rs. 2834 Cr)
Listing At	BSE, NSE
Issue Type	Book Built Issue IPO
Registrar	MUFG Intime India Pvt. Ltd.

Fractal Analytics IPO Lot Size

The Fractal Analytics Ltd. IPO allows retail investors to invest in a minimum and maximum of 1 Lot (16 Shares) amounting to Rs. 14400 and 13 Lots (208 Shares) amounting to Rs. 187200, respectively, while for S-HNI investors, the minimum Lot is 14 (224 Shares) amounting to Rs. 201600.

Minimum Lot Investment (Retail)	1 Lot
Maximum Lot Investment (Retail)	13 Lots
SHNI (Minimum)	14 Lots
SHNI (Maximum)	69 Lots
BHNI (Minimum)	70 Lots

 

Fractal Analytics IPO Reservation

Institutional Share Portion	75%
Retail Investors' Share Portion	10%
Non-Institutional Shares Portion	15%

 

Fractal Analytics IPO Allotment Status

To check the Fractal Analytics IPO allotment status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Fractal Analytics  Ltd.

• Srikanth Velamakanni
• Pranay Agrawal
• Chetana Kumar
• Narendra Kumar Agrawal 
• Rupa Krishnan Agrawal.
  
  

Pre-Issue Promoter Shareholding	18.19%
Post-Issue Promoter Shareholding	-

 

Fractal Analytics IPO Lead Managers

• Kotak Mahindra Capital Co. Ltd. 
  
  

Dividend Policy

The company has not paid a dividend during the last three financial years.

 

 

Conclusion

Fractal Analytics IPO gives investors access to a rapidly expanding global AI and analytics market supported by prominent clients and robust long-term industry tailwinds. However, GMP's sluggish listing gains and high valuation (P/E ~62x) indicate that it is better suited for long-term, risk-conscious investors than for short-term listing bubble seekers.

As long as investors are at ease with premium price and execution concerns, the Fractal Analytics IPO is a good fit for portfolios seeking high-quality, scalable AI companies.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.