
Fractal Analytics IPO Review 2026: GMP Rises 9.33%, Key Investor Insights
Posted by : sachet | Fri Feb 06 2026

Fractal Analytics IPO is open for bidding from 9th February 2026 to 11th February 2026. It is a bookbuilding IPO of ₹2,833.90 crore, comprising an entirely fresh issue of 1.14 crore shares and an offer-for-sale of 2.01 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 16th February 2026.
Fractal Analytics IPO Details
The Fractal Analytics IPO date is fixed between 9th February 2026 to 11th February 2026. The face value of Fractal Analytics shares stands at ₹2 per share, and the IPO Issue price band is set at ₹857 to ₹900 per share
MUFG Intime India Private Limited is the registrar of the Fractal Analytics IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Allotment Date | 12th February 2026 |
| IPO Open Date | 9th January 2026 |
| IPO Close Date | 11th February 2026 |
| Refund Initiation | 13th February 2026 |
| Issue Size | 3,14,87,777 shares(agg. up to ₹2,834 Cr) |
| Fresh Issue | 1,13,72,222 shares(agg. up to ₹1,023 Cr) |
| Offer for Sale | 2,01,15,555 shares of ₹1(agg. up to ₹1,810 Cr) |
| Face Value | ₹1 per share |
| Lot Size | 16 Shares |
| Issue Price | ₹857 to ₹900 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE NSE |
| Listing Date | 16th February 2026 |
Fractal Analytics IPO Share Reservation
Riddhi Display Equipment’s IPO is a bookbuilding issue of 1.14 crore shares worth ₹2,833.90 crore. Fractal Analytics IPO Limited shares will be listed on the BSE and the NSE Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered |
| QIB Shares Offered | Not less than 75% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
Fractal Analytics IPO GMP Grey Market Premium
GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Fractal Analytics IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 11-2-2026 | – | – | – | – |
| 10-2-2026 | – | – | – | – |
| 9-2-2026 | ₹900.00 | ₹85.00 | ₹985.00 | 9.44% |
| 8-2-2026 | ₹900.00 | ₹85.00 | ₹985.00 | 9.44% |
| 7-2-2026 | ₹900.00 | ₹85.00 | ₹985.00 | 9.44% |
| 6-2-2026 | ₹900.00 | ₹85.00 | ₹985.00 | 9.44% |
| 5-2-2026 | ₹900.00 | ₹85.00 | ₹985.00 | 9.44% |
| 4-2-2026 | ₹900.00 | ₹105.00 | ₹1,005.00 | 11.67% |
| 3-2-2026 | ₹0.00 | ₹180.00 | ₹180.00 | 0.00% |
| 2-2-2026 | ₹0.00 | ₹180.00 | ₹180.00 | 0.00% |
As of 9th February 2026, Fractal Analytics IPO GMP stands at ₹85.00 per share, which means the share will likely list at ₹985.00 on its tentative listing date, 16th February 2026.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Fractal Analytics IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
Fractal Analytics IPO GMP Review

Check out the detailed Fractal Analytics GMP IPO review for a thorough understanding of its potential to report listing gains on 16th February 2026. The Fractal Analytics IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Fractal Analytics IPO.
Fractal Analytics Limited’s revenue increased by 25.61% from ₹2,241.90 crores in March 2024 to ₹2,816.20 crores in March 2025. Moreover, the company’s PAT increased by 503.29% from -₹54.70 crores in March 2024 to ₹220.60 crores in March 2025.
Fractal Analytics’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Fractal Analytics IPO, with its tentative listing day set for 16th February 2026.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Fractal Analytics IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 65.5 |
| EPS (Earnings Per Share) | 13.74 |
| RoNW | 3.6% |
| ROCE | – |
| ROE | 7.63% |
| EBITDA Margin | 11.90% |
| Price to Book Value | – |
| Market Capitalisation | ₹15,473.60 Cr |
The P/E ratio of Fractal Analytics Limited shares is 65.50, and its Earnings Per Share (EPS) stands at 13.74. Thus, the Fractal Analytics IPO can deliver gains on its tentative listing date, 16th February 2026.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Fractal Analytics Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 65.50 | 109.12 |
| EPS | 13.74 | 8.25 |
Fractal Analytics IPO Subscription Status
The Fractal Analytics IPO will open for bidding on 9th February 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Fractal Analytics IPO Subscription Status.
| Investor Categories | Shares Offered | Shares Subscribed | Subscription to the Times |
| QIB Shares Offered | Not less than 75% of the Net Offer | Yet to be announced | Yet to be announced |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer | Yet to be announced | Yet to be announced |
| Retail Shares Offered | Not more than 10% of the Net Offer | Yet to be announced | Yet to be announced |
About Fractal Analytics Limited

Fractal Analytics, established in March 2000, is a global enterprise AI and analytics firm that supports major companies in making more intelligent decisions. With over two decades of experience, the company crafts AI solutions by blending its deep technical know-how with domain and functional expertise. As of Sep 30, 2025, Fractal’s offerings were structured into two key segments:
- Fractal.ai: This unit provides AI services and products through its agentic AI platform, Cogentiq, designed to simplify product development with built-in tools, governance, low-code features, and security.
- Fractal Alpha: This segment houses standalone AI businesses targeted at growth markets, managed independently to drive innovation across industries and geographies.
Together, these divisions deliver a comprehensive suite of AI capabilities across client industries and business functions. Fractal’s strengths include its leadership in a fast-growing AI market, long-term partnerships with top global clients, integrated technical and domain expertise, a culture of transparency and trust, a proven track record of innovation, and founder-led leadership with a long-term vision. Its customer base includes Citibank, N.A (“Citi”), Costco, Franklin Templeton, Mars, Mondelez, Nationwide, Nestle, Philips, among others.
Fractal Analytics Limited Financials
The company’s financial analysis is essential before applying for the Fractal Analytics IPO. See the table for Fractal Analytics Limited’s financials.
| Year Ended | 30th Sep 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 2,965.40 | 2,857.60 | 2,392.00 | 2,248.70 |
| Revenue | 1,594.30 | 2,816.20 | 2,241.90 | 2,043.70 |
| Profit After Tax | 70.90 | 220.60 | -54.70 | 194.40 |
| EBITDA | 185.60 | 398.00 | 97.20 | 436.80 |
| Net Worth | 1,957.50 | 1,748.30 | 1,397.00 | 1,339.20 |
| Reserves and Surplus | 1,937.10 | 1,728.70 | 1,380.50 | 1,323.10 |
| Total Borrowings | 274.60 | 266.20 | 250.10 | 325.60 |
Explanation
Fractal Analytics Limited’s revenue increased by 25.61% from ₹2,241.90 crores in March 2024 to ₹2,816.20 crores in March 2025. Moreover, the company’s PAT increased by 503.29% from -₹54.70 crores in March 2024 to ₹220.60 crores in March 2025.
Fractal Analytics Limited IPO Promoter Holdings
Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.
| Shareholding Pre-Issue | 18.19% |
| Shareholding Post-Issue | – |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
Aim of the Fractal Analytics IPO
The primary aim of the Fractal Analytics IPO is to raise ₹1,010.00 crores. On the other hand, Fractal Analytics has decided to utilise these funds in different ways.
- To Investment in one of our Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings
- To Purchase of laptops
- To set up new office premises in India
- To Investment in (a) research and development; and (b) sales and marketing under Fractal Alpha
- To Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes
Should I Invest in the Fractal Analytics IPO?
Explore the pros and cons of Fractal Analytics to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.
Pros of the Fractal Analytics IPO
- The company is a Leading Player in a large and growing AI market
- The company has long-standing, growing relationships with marquee global clients, contributing to a diversified revenue base.
- The company has an experienced, founder-led management team focused on building Fractal for the long term
Cons of the Fractal Analytics IPO
- The company is heavily dependent on the US market.
- The company has implementation and delivery challenges.
- The company has profit & margin pressure signals.
How to Apply for the Fractal Analytics IPO?

Check the steps mentioned below to apply for Fractal Analytics Ltd.
- Step 1: Conduct thorough research on the Fractal Analytics IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for 1 lots of 16 shares worth ₹14,400
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Fractal Analytics IPO across multiple demat accounts to increase your chances of allotment.
How to Check the Fractal Analytics IPO Allotment Status?
You can check for the Fractal Analytics IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On NSE
- Visit the NSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Fractal Analytics IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Fractal Analytics IPO allotment status.
Let’s Wrap
Fractal Analytics IPO is a bookbuilding issue of shares worth ₹2,833.90 crores. The shares of Fractal Analytics Limited will be listed on NSE and BSE on its tentative listing date of 13th February 2026. Researching the Fractal Analytics IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Fractal Analytics IPO
How is the Fractal Analytics IPO?
Ans. Currently, on 9th February 2026, the Fractal Analytics GMP (Grey Market Premium) stands at ₹84. It indicates that the estimated listing price could be ₹984 per share. It is a bookbuilding IPO of ₹2,833.90 shares. The face value of each Fractal Analytics share is ₹2 per share.
What is the Fractal Analytics IPO price?
Ans. The Fractal Analytics IPO issue price band is set at ₹857 to ₹900 per share.
Is the Fractal Analytics IPO a good investment?
Ans. Fractal Analytics Limited’s revenue increased by 25.61% from ₹2,241.90 crores in March 2024 to ₹2,816.20 crores in March 2025. Moreover, the company’s PAT increased by 503.29% from -₹54.70 crores in March 2024 to ₹220.60 crores in March 2025.
Who is the registrar of the Fractal Analytics IPO?
Ans. MUFG Intime India Private Limited is the registrar for the Fractal Analytics IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Fractal Analytics allotment and refund, you can contact MUFG Intime India Private Limited at fractal.ipo@in.mpms.mufg.com or at +91-22-4918 6270.
What is the issue size of the Fractal Analytics IPO?
Ans. Fractal Analytics IPO is a bookbuilding IPO of ₹2,833.90 crores. Moreover, the IPO is set to open on 9th February 2026 and close on 11th February 2026.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Fractal Analytics IPO, download the Fractal Analytics IPO RHP and Fractal Analytics IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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