Fractal Analytics IPO

AI / Analytics - Listed on 16 February 2026

-2.7% listing gain
Issue Price (Upper)
Rs 900
Listing Price
Rs 876
Closing Price (NSE)
Rs 847.15
Total Subscription
2.66x

Fractal Analytics IPO listing summary

Fractal Analytics (AI / Analytics) closed its IPO window in 2026 and listed on NSE and BSE on 16 February 2026 at an upper band issue price of Rs 900, opening at Rs 876 for a listing gain of -2.7% and closing day one at Rs 847.15 (-5.9% on closing basis). The IPO was subscribed 2.66x overall - QIB 4.18x, HNI/NII 1.06x, Retail 1.03x. The total issue size was Rs 2,833.9 Cr (Fresh Issue Rs 1023.5 Cr, OFS Rs 1810.4 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

About Fractal Analytics

AI / Analytics

Fractal. Analytics provides artificial-intelligence, analytics and decision-support solutions to large enterprises. It combines data science, software and consulting for functions such as marketing, finance and operations. That places. Fractal. Analytics in a segment where demand can be affected by customer spending, competition and the pace of capacity expansion. Its operating results are shaped by the balance between volume growth, pricing, input costs and the company’s ability to use its existing capacity. Its day-to-day performance is likely to be read through operating volumes, margins, working capital and the quality of its disclosed customer or project pipeline. This description is intended to explain the company’s business in plain language; the statutory filings remain the source for detailed risks and financial claims.

About Fractal Analytics IPO

Issue structure, listing outcome and context

The ₹2,833.9 crore. IPO included fresh capital and an offer for sale at ₹900. Shares listed at ₹876, as the market took a selective view of expensive technology listings. It combined a fresh issue of ₹1023.5 crore with an offer for sale of ₹1810.4 crore. The stock listed at ₹876, a reported opening gain of -2.67%. The issue proceeds should be read against the stated objects in the offer documents, rather than treated as a guarantee of future growth. For a complete view of the offer, readers should check the final prospectus, the exchange listing notice and the company’s subsequent disclosures.

Listing day performance

Listing Gain (Open)
-2.67%
Listing Gain (Close)
-5.87%
Day Change After Listing
-3.20%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB4.18x
HNI / NII1.06x
Retail1.03x
Overall2.66x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.09x
Day 20.20x
Day 3 (Final)2.66x

Fractal Analytics IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs -30-3.33%
Day 2Rs -30-3.33%
Day 3Rs 2+0.22%
Day 4Rs 7+0.78%
Day 5Rs 10+1.11%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
-3.3%-1.1%
IPOGyani AI Prediction
-3.2%
Actual Listing Gain
-2.7%

Prediction Accuracy: 0.5 pp (Highly accurate)

Issue & financials

Issue SizeRs 2,833.9 Cr
Fresh IssueRs 1,023.5 Cr
OFSRs 1,810.4 Cr
IPO PE107.78
Peer / Sector PE67.37
PE vs Sector Ratio1.60
Latest EBITDA (Cr)14.40
Debt / Equity0.09

Market context at listing

How the broader market moved around the Fractal Analytics IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-1.04%
Nifty 1W Return-0.71%
Nifty 1M Return-0.05%
Nifty during IPO window-0.04%

Fractal Analytics IPO - FAQs

What was the listing gain of Fractal Analytics IPO?

Fractal Analytics IPO listed at -2.7% versus the upper issue price of Rs 900 on 16 February 2026.

How many times was Fractal Analytics IPO subscribed?

Fractal Analytics IPO was subscribed 2.66x overall. QIB portion was subscribed 4.18x, HNI / NII 1.06x and Retail 1.03x.

What was the IPO GMP for Fractal Analytics?

IPO GMP started at Rs -30 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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