Fractal Analytics Ltd IPO

Fractal Analytics Ltd IPO

Founded in 2000, we are a globally recognized enterprise AI company with a vision to power human decisions in our clients' enterprises. We support large global enterprises with data-driven insights and assist them in their decision making through our end-to-end AI solutions, which we build by leveraging our technical, domain and functional capabilities developed over our operating history of over 25 years. As of September 30, 2025, our full suite of AI solutions is organized under two segments: Fractal.ai (comprising AI services and AI products primarily hosted on Cogentiq, an agentic AI platform designed to help enterprises accelerate their business transformation and decision systems through a pre-built suite of agents, tools, and connectors with inter-operability features) and Fractal Alpha (comprising independent AI businesses, either incubated or acquired, providing subscription or licensable offerings).

Fractal Analytics Ltd IPO Details

Total Shares Offered

₹ 3,15,23,948

Offer to Public

2,01,15,554

Retail Max (Shares)

₹ 30,85,728

Pre Issue Promoters Holding

₹ 3,08,39,475

Exchange

BSE

Issue size

₹ 2833.9 Cr

IPO Open Date

Feb 9, 2026

Close Date

Feb 11, 2026

Lot Size

16

Min Investment

₹ 13,712

Issue Type

Book Building

Listing Date

Feb 16, 2026

Fractal Analytics Ltd IPO Dates

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Feb 9, 2026
Opening date
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Feb 11, 2026
Closing date
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Feb 12, 2026
Basis of Allotment
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Feb 13, 2026
Initiation of Refunds
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Feb 13, 2026
Credit of Shares
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Feb 16, 2026
Listing date

Details

SectorType
SectorComputers - Software - Medium
Sub SectorSmall
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Fractal Analytics Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations2,765.402,196.301,985.40
EBITDA280.50221.3075.20
PAT132.10121.80-31.10
Total Assets1,031.80788.50724.00
Share Capital3.103.103.09
Total Borrowings101.9094.4063.80
Operating Activities (Net Cash)184.10167.8014.10
Investing Activities (Net Cash)985.10947.10788.40
Financing Activities (Net Cash)101.9094.4063.80
Net Cashflow43.4012.307.90

About Fractal Analytics Ltd

Our Company was originally incorporated as `Fractal Communications Limited' at Mumbai, Maharashtra as a public limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated March 28, 2000, issued by the Registrar of Companies, Maharashtra, at Mumbai (RoC) and commenced its business pursuant to a certificate of commencement of business dated April 6, 2000. The name of our Company was subsequently changed to `Fractal Technologies Limited' to align the name with the business of our Company and our Company received a fresh certificate of incorporation from the RoC on March 28, 2001. The name of our Company was subsequently changed to `Fractal Analytics Limited' to align the name with the business of our Company and our Company received a fresh certificate of incorporation from the RoC on May 7, 2004. Subsequently, our Company was converted to a private limited company, and the name of our Company was changed to `Fractal Analytics Private Limited' and our Company received a fresh certificate of incorporation from the RoC on February 15, 2013. Subsequently, pursuant to the conversion of our Company to a public limited company, the name of our Company was changed to `Fractal Analytics Limited' and the Registrar of Companies, Central Processing Centre issued a fresh certificate of incorporation on May 16, 2024.

The overall data, analytics and AI (DAAI) market, valued at an estimated US$143 billion (Rs.12 trillion) in Fiscal 2025 is expected to grow at 16.7% CAGR to US$310 billion (Rs.23 trillion) by Fiscal 2030. Banking, financial services, and insurance (BFSI), healthcare and life sciences (HLS), retail and distribution, consumer packaged goods (CPG) and technology, media and telecommunications (TMT) were estimated to account for 80% of the global DAAI services market in Fiscal 2025. Increased Gen AI adoption is likely to drive CAGRs for BFSI (16.7%), HLS (18.2%), retail and distribution (15.2%), CPG (15.0%) and TMT (15.7%) over Fiscals 2025-2030.

Founded in 2000, we are a globally recognized enterprise AI company with a vision to power human decisions in our clients' enterprises. We support large global enterprises with data-driven insights and assist them in their decision making through our end-to-end AI solutions, which we build by leveraging our technical, domain and functional capabilities developed over our operating history of over 25 years. As of September 30, 2025, our full suite of AI solutions is organized under two segments: Fractal.ai (comprising AI services and AI products primarily hosted on Cogentiq, an agentic AI platform designed to help enterprises accelerate their business transformation and decision systems through a pre-built suite of agents, tools, and connectors with inter-operability features) and Fractal Alpha (comprising independent AI businesses, either incubated or acquired, providing subscription or licensable offerings).

Peer Comparison:

  • No listed in Industry Peers

Fractal Analytics Ltd Key Points

Strengths

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.

Risk

Security breaches, cyber-attacks, computer viruses and hacking activities may cause material adverse effects on the company's business, financial performance and results of operations and expose the company to liability, which could adversely affect its business and our reputation.

The company's success depends on its ability to attract, retain and expand relationships with the company's clients.The company derived 54.2% of its revenue from operations in the company's Fractal.ai segment from our top-10 clients, of which one client contributed 8.2% of its revenue, in the six months ended September 30, 2025. The company also derived 79.6% of its revenue from operations in the company's Fractal.ai segment from its existing Must Win Clients (MWC) in the six months ended September 30, 2025. If the company cannot maintain and expand its relationships with the company's existing client base or add new clients, the company's business, financial condition, cash flows and results of operations may be adversely affected.

The company's focus industries - consumer packaged goods and retail (CPGR), technology, media and telecom (TMT), healthcare and life sciences (HLS), and banking, financial services and insurance (BFSI) contributed 37.5%, 27.2%, 17.0%, and 12.2%, respectively in the six months ended September 30, 2025 to the company's revenue from operations in the Fractal.ai segment. Any decrease in demand for AI solutions in these industries could adversely affect its business, financial condition and results of operations.

Strategy

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 our capabilities through acquisitions

How To Apply for Fractal Analytics Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Fractal Analytics Ltd IPO?

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Fractal Analytics Ltd's IPO offers shares for up to 1,023.5 It begins on Feb 9, 2026 and ends on Feb 11, 2026.

What is the price of the Fractal Analytics Ltd IPO?

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The price of Fractal Analytics Ltd IPO ranges between ₹857 to ₹900 per share.

What are the open and close dates for the Fractal Analytics Ltd IPO?

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The Fractal Analytics Ltd IPO opens on Feb 9, 2026 and closes on Feb 11, 2026.

When will the Fractal Analytics Ltd IPO be allotted?

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The allotment for the Fractal Analytics Ltd IPO will be finalised on Feb 12, 2026. The shares will be listed on BSE and NSE on Feb 16, 2026.

What is the minimum lot size required for Fractal Analytics Ltd IPO?

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The minimum lot size for Fractal Analytics Ltd IPO is 16 shares, priced between ₹857 to ₹900 per share.

What is the GMP of Fractal Analytics Ltd IPO?

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The GMP (Grey Market Premium) of Fractal Analytics Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Fractal Analytics Ltd IPO?

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To check the allotment status of Fractal Analytics Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Fractal Analytics Ltd IPO getting listed?

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The Fractal Analytics Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 9, 2026, and closes on Feb 11, 2026. The allotment is finalised on Feb 12, 2026.

How do you apply for the Fractal Analytics Ltd IPO?

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To apply for the Fractal Analytics Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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