What are the open and close dates of the Fractal Analytics IPO ?

Fractal Analytics IPO will be open between 2026-02-09 and 2026-02-11.

What is the allotment date for the Fractal Analytics IPO ?

Fractal Analytics IPO allotment date is 2026-02-13. For Fractal Analytics IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Fractal Analytics IPO ?

For Fractal Analytics IPO, the IPO registrar is MUFG Intime India Private Limited. You can check Fractal Analytics IPO allotment status on the website of the registrar.

Where is the Fractal Analytics IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will Fractal Analytics IPO shares be credited to your demat account?

The Fractal Analytics IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the Fractal Analytics IPO ?

The Fractal Analytics IPO lot size is 16 and minimum order quantity is 16.

What is the price band for the Fractal Analytics IPO ?

Fractal Analytics IPO has set the price band for its IPO at 900 per equity share with a face value of 1.

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IPO

Fractal Analytics IPO

open

₹13,712Min. investment

Pre-apply
6 Feb
Bid start
9 Feb
Bid end
11 Feb
Allotment
12 Feb
Release of funds
13 Feb
Demat transfer
13 Feb
Listing
16 Feb

Fractal Analytics Limited IPO Details

Issue size

₹2,834Cr

IPO type

Mainboard

Market Cap

₹15,473.6CrHigher than sector avg

Price range

₹857 – ₹900

Listing ExchangeBSE, NSE

RevenueApr 2024 - Mar 2025

₹2,765.4CrHigher than sector avg

Lot size

16 shares

Draft Red Herring Prospectus

Read

Growth rate3Y CAGR

18.01%Higher than sector avg

Price range₹857 – ₹900

IPO type

Regular

Lot size16 shares

Issue size₹2,834Cr

Draft Red Herring Prospectus

Read

Market Cap

₹15,473.6CrHigher than sector avg

RevenueApr 2024 - Mar 2025

₹2,765.4CrHigher than sector avg

Growth rate3Y CAGR

18.01%Higher than sector avg

Fractal Analytics Limited IPO Overview

Fractal Analytics Limited IPO date

Fractal Analytics Limited IPO will open for subscription on February 9, 2026, and the closing date for the IPO is February 11, 2026. After this, investors are expected to be updated about the allotment status on February 12, 2026.

Investors who have been allotted shares can expect them to be credited to their demat account on February 13, 2026. The shares will be listed on the NSE and the BSE on Monday, February 16, 2026.

Fractal Analytics Limited IPO price band

The IPO includes a fresh issue and an offer for sale. The IPO price band has been set between ₹857 to ₹900 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising a fresh issue of ₹1,023.50 crore and an offer for sale of ₹1,810.40 crore. Fractal Analytics IPO listing price will be determined on February 16, 2026. The listing price is the price at which a company’s shares debut on the stock exchanges.

Fractal Analytics Limited IPO lot size

Fractal Analytics Limited IPO details have been declared. The minimum lot size for an application is 16 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹2,833.90 crore.

Checklist

Quality analysis

Revenue growth

Company valuation

Earnings expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue

Higher revenue means strong sales and good market demand

This IPO

₹2,765.4Cr

This sector

₹2,461.47Cr

Compare with companies

3Y growth

Strong 3-year growth shows consistent progress and potential

This IPO

18.01%

This sector

0.05%

Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management

This IPO

₹220.6Cr

This sector

₹373.09Cr

Compare with companies

Market cap

Higher market cap means strong confidence but may suggest overvaluation

This IPO

₹15,473.6Cr

This sector

₹14,720.51Cr

Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued

This IPO

67.37

This sector

148.01

Compare with companies

Objectives

Funding for R&D, sales and marketing

34.60%

Investment in subsidiary

25.80%

General corporate purposes

22.00%

Funding for infrastructure and new office

17.40%

Strength and Weakness

Exposure to a global AI market

Fractal Analytics operates as a pure-play Data, Analytics, and AI (DAAI) company in a market valued at ₹12 lakh crore in FY25 and projected to reach ₹23 lakh crore by FY30 at a CAGR of 16.7%. The company is the preferred partner for businesses wishing to combine their providers due to its capacity to offer end-to-end AI solutions. From FY23 to FY25, Fractal Analytics revenue increased at a CAGR of 18.0%, greatly exceeding the ~11% CAGR of the global third-party DAAI industry.

Strong track record of innovation

Innovation is a crucial part of the company’s business strategy since the company consistently invests in R&D. During H1FY26, the company spent ₹143.6 crore on research and development, concentrating on Gen AI, machine vision, NLP, and agentic AI systems. Fractal had 38 patent applications and 28 granted patents as of January 2026. The company's flagship platforms, like Cogentiq and Kalaido.ai, show how it can apply its knowledge of research to develop AI solutions for commercial use.

Deep and integrated technical, domain and functional AI expertise

Working with ten of the top twenty global CPG companies, Fractal Analytics has generated ₹413.4 crore from TMT and ₹569.2 crore from CPGR in H1FY26, demonstrating how its strong technical expertise in certain areas allows for scalability in client growth. Functional AI systems that support this and facilitate cross-functional implementation include Cogentiq Sales Assist, Campaign Assist, and Enterprise Store.

Strong global client relationships

In terms of revenue as of FY25, the company served 10 of the top 20 global CPG companies, 8 of the top 20 TMT companies, and 10 of the top 20 healthcare companies. Its varied clientele not only reduces the risk of concentration but also makes it possible to cross-sell AI products across sectors and geographical areas. Additionally, the fact that foreign clients accounted for 92.4% of H1FY26 revenue and 91.6% of FY25 revenue demonstrated Fractal's scalability and global relevance.

About Fractal Analytics Limited

Incorporated in 2000, Fractal Analytics helps large global businesses leverage artificial intelligence to improve their decision-making. The company has developed full-stack AI capabilities over the last 25 years by integrating technology, industry knowledge, and business expertise.

Fractal Analytics operates through two parts: Fractal.ai, which offers AI services and AI products largely through its Cogentiq platform and Fractal Alpha, which is the home of smaller, independent AI businesses being incubated by the group.

The company mainly focuses on working with very large global companies, which it terms “Must Win Clients”. These are companies that either have more than US$10 billion in revenue, over US$20 billion in market value or have more than 3 crore customers. As of September 2025, the company had 122 such clients compared to 107 two years ago. Its clients are some of the biggest global names like Citi, Costco, Nestle, Mondelez, Mars, Philips, and Franklin Templeton.

Fractal Analytics has business operations mainly in 4 major industries: consumer goods and retail, technology and telecom, healthcare and life sciences, and financial services. In H1FY26, consumer goods and retail contributed the most to revenue, followed by the technology and telecom sectors, then healthcare, and lastly, financial services. The majority of the company's business derives revenue from abroad. In H1FY26, the Americas accounted for 2/3rd of the company’s revenue, followed by Europe and then Asia-Pacific. Around 92% of total revenue derives from foreign clients.

The company has built strong relationships with its clients. Over the past years, the 10 largest clients, on average, have been working with Fractal for more than 8 years and together represent just more than 50% of the revenue. Customer feedback scores have been at a consistently high level over the last few years.

Cogentiq is Fractals primary AI platform, which was introduced at the beginning of 2025. It helps companies quickly build and use AI tools without heavy technical effort. The company is significantly spending on its research and development. The company has developed in-house AI models for applications like medical imaging and image generation and has even open-sourced some of its work. As of Jan 2026, it has 28 and 376 registered patents and trademarks, respectively, with 38 and 104 pending.

The market for AI software is rapidly expanding. Its value was approximately $101 billion (INR ~8 lakh crore) in FY25, and it is projected to nearly triple to $283 billion (INR ~24 lakh crore) by FY30, increasing at a CAGR of 22.9%. This surge is due to companies buying ready made AI software more and more rather than developing software from scratch internally, an increase in cloud usage, and innovations like GenAI and foundation models that are making AI friendlier to users. Additionally, AI use cases in areas like sales, marketing, supply chain, finance, and IT are becoming standard products rather than one-off projects.

Such an impressive industry growth undoubtedly provides a clear advantage for Fractal Analytics since it operates in the two major parts of the AI software market - AI platforms and applied AI solutions, which are the fastest-growing segments. The AI platforms market, where Fractals Cogentiq platform is positioned, is anticipated to increase from $57 billion (₹4.8 lakh crore) in FY25 to $149 billion (₹12.5 lakh crore) by FY30. Applied AI is expanding even more rapidly, especially the industry-focused solutions for banking, healthcare, retail/CPG, and manufacturing sectors, with this segment forecasted to grow at a CAGR of 27.1%.

Now, Fractal Analytics is launching its initial public offering (IPO), which consists of a fresh issue of ₹1,023.5 crore and an offer for sale of ₹1,810.40 crore. The total issue size of the IPO is ₹2,833.90 crore. Its shares will be listed on the NSE and BSE.

## How to pre-apply for the Fractal Analytics IPO?

You can pre-apply for the Fractal Analytics IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.

Follow these steps to pre-apply for the IPO:

Login to your Upstox account, using your six-digit PIN
After successfully logging in, click on ‘Discover’
On the Discover tab, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, look for the ‘Fractal Analytics IPO’ tab and click on it
Now fill in all the required information, like ‘bid price’ and ‘lot size’
Confirm and click on ‘Pre-Apply’
Accept the mandate on your UPI app

How to apply for the Fractal Analytics IPO?

If you are interested in this investment opportunity but unsure how to apply for the Fractal Analytics IPO, here we are listing out the steps for you.

Here’s a step-by-step guide on how to apply for the Fractal Analytics IPO on Upstox:

Login to your Upstox account, using your six-digit PIN
After successfully logging in, click on ‘Discover’
On the Discover tab, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, look for the Fractal Analytics IPO’ tab and click on it
Now fill in all the required information, like ‘bid price’ and ‘lot size’
Confirm and click on ‘Apply’
Accept the mandate on your UPI app

How to check the Fractal Analytics IPO allotment status?

When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to seven days after an IPO closes.

Here’s a step-by-step guide on how to check the Fractal Analytics IPO allotment status:

Login to your Upstox account, using your six-digit PIN
After successfully logging in, click on ‘Discover’
On the Discover page, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, you will find the ‘View all’ option
Once you click on ‘View all’, you will be directed to the ‘IPO’ tab
In the ‘IPO’ tab, click on ‘My applications’
In ‘My applications’, under the History section, your allotment status will be mentioned.

Latest News on Fractal Analytics IPO

Fractal Analytics IPO: The initial share sale is seeking to raise ₹2,833.90 crore via fresh issuance of shares aggregating to ₹1,023.50 crore and an offer for sale component of ₹1,810.4 crore.

2 min read

Fractal Analytics IPO: The ₹2,833.90 crore initial share sale is a mix of fresh issuance of shares totalling ₹1,023.5 crore and an offer for sale (OFS) of shares aggregating to ₹1,810.40 crore.

2 min read

Fractal Analytics IPO: The ₹2,833.90 crore book-build issue is a mix of new equity shares aggregating to ₹1,023.50 crore and an offer for sale (OFS) of ₹1,810.40 crore.

3 min read

Upcoming IPOs: The ₹2,833.90 crore Fractal Analytics IPO, which is open from February 9 to February 11, consists of new shares valued at ₹1,023.50 crore and an offer for sale (OFS) component of ₹1,810.40 crore.

3 min read

Frequently asked questions

How to invest in the Fractal Analytics IPO ?

Investors can apply for the Fractal Analytics IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Fractal Analytics IPO ?

The issue size of the Fractal Analytics IPO is 2834 Cr.

What is 'pre-apply' for Fractal Analytics IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Fractal Analytics IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.

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Fractal Analytics IPO

Ipo opens on 9 Feb 2026, 10:00 AM