Fractal Analytics Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 23,063,686 (73%) | — | ₹207,573 Cr |
| NII (HNI) | — | 4,612,737 (15%) | — | ₹41,515 Cr |
| Retail | — | 3,075,158 (10%) | — | ₹2,768 Cr |
| Employee | — | 736,196 (2%) | — | ₹663 Cr |
| Σ Total | — | 31,487,777 (100%) | — | ₹2,833,900 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 16 | ₹14,400 |
| Retail (Max) | 13 | 208 | ₹187,200 |
| S-HNI (Min) | 14 | 224 | ₹201,600 |
| B-HNI (Min) | 67 | 1,072 | ₹964,800 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 1,594 | 2,816 | 2,242 |
| EBITDA | 186 | 398 | 97 |
| Profit After Tax | 71 | 221 | -55 |
| Net Worth | 1,958 | 1,748 | 1,397 |
| Total Assets | 2,965 | 2,858 | 2,858 |
| Reserves & Surplus | 1,937 | 1,729 | 1,381 |
| Total Borrowing | 275 | 266 | 250 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Investment in one of our Subsidiaries, Fractal USA, for pre-payment and/ or scheduled repayment, in full or in part, of its borrowings – 264.90
- Purchase of laptops – 57.10
- Setting-up new office premises in India – 121.10
- Investment in (a) research and development; and (b) sales and marketing under Fractal Alpha – 355.10
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes –
Company Overview
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.
Competitive Strengths
- Leading Player in a large and growing AI market
- Long-standing and growing relationships with marquee, global clients contributing to a diversified revenue base.
- Deep and integrated technical, domain and functional expertise
- Track record of inventing and investing to benefit clients
- Culture of trust, transparency & freedom to nurture talent
- Experienced founders-led management team focused on building Fractal for the long term