Fractal Analytics IPO opens February 9: Check issue size, objectives and key dates

Fractal Analytics IPO: The initial public offering of artificial intelligence solutions provider Fractal Analytics will open for subscription on February 9. The issue will conclude on February 11. The company has not announced the price band yet.

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.

Those selling under the OFS route include shareholders Quinag Bidco Ltd, TPG Fett Holdings Pte Ltd, GLM Family Trust and Satya Kumari Remala and Rao Venkateswara Remala.

Proceeds from the fresh issue to the tune of ₹264.90 will be used for investing in its arm Fractal USA for repaying borrowings, ₹121.1 crore for setting up new offices in India, ₹57.1 crore for purchasing laptops, and ₹355.1 crore for ramping up research and development and marketing its Fractal Alpha platform. The remaining funds will be used for unidentified acquisitions and general corporate purposes.

The company has reserved 75% of the net offer for qualified institutional buyers, 15% for non-institutional investors and 10% for retail individual investors.

Fractal Analytics IPO: Allotment and listing date

Fractal Analytics, founded in 2000, is a globally recognised enterprise artificial intelligence (AI) company. It supports large global enterprises with data-backed insights and assists them in their decision-making process through end-to-end AI solutions.

As of September 2025, its full suite of AI solutions is organised under two segments: Fractal Alpha (comprising AI businesses) and Fractal.ai (comprising AI services and AI products primarily hosted on Cogentiq).

Kotak Mahindra Capital, Morgan Stanley India, Goldman Sachs India and Axis Capital are the book-running lead managers to the issue. MUFG Intime India serves as the registrar.