
Technology · NSE / BSE
Founded in March 2000, Fractal Analytics is a global enterprise AI and analytics company that helps leading organizations make smarter, data-driven decisions by combining advanced AI capabilities with deep domain and functional expertise. As of March 31, 2025, the company operates through two key segments: Fractal.ai, which delivers AI services and products via its agentic AI platform Cogentiq—enabling faster and secure product development using low-code tools and scalable infrastructure—and Fractal Alpha, which consists of independent, high-growth AI businesses operating autonomously across industries and geographies. With over two decades of experience, Fractal benefits from strong leadership in the rapidly expanding AI market, long-standing global client relationships, continuous innovation, a culture of transparency and trust, and founder-led leadership with a long-term strategic vision.
Price Band
₹857 – ₹900
Issue Size
₹2834 Cr
Lot Size
16 shares
GMP
-1.1%
Est. Listing
₹890
at current GMP
Subscribed
2.81x
overall
Open
9 Feb 2026
Close
11 Feb 2026
Allotment
12 Feb 2026
Refund
13 Feb 2026
Demat Credit
14 Feb 2026
Listing
16 Feb 2026
Overall Subscription
2.81x
Total Demand
QIB Multiplier
4.41x
Institutions & Funds
NII / HNI
1.11x
High Net-Worth
Retail (RII)
1.08x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 9,194,187 | 40,555,344 | 4.41x |
| NIB | 4,612,737 | 5,127,088 | 1.11x |
| HNIs(10L +) | 3,075,158 | 3,805,904 | 1.24x |
| HNIs (2-10L) | 1,537,579 | 1,321,184 | 0.86x |
| RETAIL | 3,075,158 | 3,321,504 | 1.08x |
| EMPLOYEES | 736,196 | 475,952 | 0.65x |
| Total | 22,231,015 | 54,606,976 | 2.81x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 192,197 | 134,097 | 0.70x |
| EMPLOYEES | — | 4,821 | 0.00x |
| HNIs(10L +) | 13,728 | 2,498 | 0.18x |
| HNIs (2-10L) | 6,864 | 4,887 | 0.71x |
| Total Applications | 212,789 | 146,303 | 0.69x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Fractal Analytics Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹2,833.9 Crores. The shares are offered at a price band of ₹857 to ₹900 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 16 shares (approx. ₹14,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-02-14, while un-allotted funds or UPI block mandates will be released on 2026-02-13.
Currently, Fractal Analytics Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹857 to ₹900 per equity share.
The retail lot size is 16 shares requiring a minimum application amount of ₹14,400. Expected listing price is ₹890 per equity share.
The Fractal Analytics Limited IPO aggregate issue size is ₹2,833.9 Crores with an equity price band set at ₹857 to ₹900 per equity share. The retail lot size is 16 shares requiring a minimum capital outlay of approx. ₹14,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.81x (Retail: 1.08x, QIB: 4.41x, NII: 1.11x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-02-12. Investors can verify status using PAN card or application number.
Fractal Analytics Limited shares are scheduled to list on NSE and BSE on 2026-02-16.