Fractal Analytics IPO set to open on February 9: GMP up 11% — 7 ‘must know’ details for investors

Fractal Analytics IPO: Key Details for Investors

Fractal Analytics, an artificial intelligence solutions provider, is set to open its public issue next week, with investors eagerly awaiting the new issue in the mainboard category.

Fractal Analytics IPO: Timeline and Key Dates

• Open for subscription: February 9
• Closing date: February 11
• Listing date: February 16 (on NSE and BSE)
• Anchor investor bidding: February 6
• Basis of allotment finalisation: February 12

Fractal Analytics IPO: Issue Size and Price Band

The IPO is a Rs 2,833.90 crore book-built issue, comprising a fresh issue of Rs 1,023.50 crore and an offer for sale (OFS) of Rs 1,810.40 crore.

The price band has been fixed at Rs 857-900 per share, with the company valued at around Rs 15,500 crore at the upper end of the band.

• Minimum lot size: 16 shares
• Multiples: Retail investors can apply in multiples of 16 shares

Fractal Analytics IPO: Grey Market Activity

Grey market activity around the Fractal Analytics IPO has picked up after the price band announcement, with the company's unlisted shares trading at a premium of around 11%.

Estimated listing price: Rs 1,005 (subject to market sentiment)

Fractal Analytics IPO: Fund Utilisation

The money raised through the fresh issue will largely be used to support Fractal's growth plans, including:

• Supporting growth plans
• Investing in US subsidiary, Fractal USA
• Setting up new offices in India
• Purchasing laptops and technology infrastructure
• Increasing spending on research and development
• Strengthening sales and marketing under Fractal Alpha platform
• Funding future acquisitions
• Meeting general corporate needs

Fractal Analytics IPO: Offer for Sale

The offer for sale includes stakes from existing shareholders, such as:

• Quinag Bidco
• TPG Fett Holdings
• GLM Family Trust
• Promoters' family trusts

Fractal Analytics is backed by global private equity investors, including:

• TPG
• Apax
• Gaja

Fractal Analytics IPO: Company Overview

Fractal Analytics was founded in 2000 by Srikanth Velamakanni and Pranay Agrawal.

The company works with large global companies to help them make sense of data, providing end-to-end artificial intelligence and analytics solutions.

Its services help businesses improve decision-making, customer engagement, and operational efficiency, serving clients across sectors such as:

• Consumer goods
• Retail
• Banking, financial services and insurance
• Healthcare
• Life sciences
• Technology, media and telecom