Fractal Analytics lists on the bourses at a 3% discount
16 Feb 2026, 01:41 PMThe offering included a fresh issue of Rs. 1,023.5 crore and an offer for sale (OFS) component of Rs 1,810.4 crore.
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Artificial intelligence and data analytics startup Fractal Analytics' Rs 2,834-crore initial public offering (IPO) listed on the Indian stock market today at Rs 876 on NSE and Rs 873 on BSE.
It was listed at a 3% discount to the issue price of Rs 900. On the IPO's third day, the subscription stood at 2.66 times, according to BSE data.
The subscribers include qualified institutional buyers who covered their portion 4.18 times, non-institutional investors at 1.06 times and retail investors at 1.03 times.
The offering included a fresh issue of Rs. 1,023.5 crore and an offer for sale (OFS) component of Rs 1,810.4 crore.
Fractal Analytics will use this fund to help its subsidiary repay certain outstanding borrowings, expand office space, hire equipment, invest in research and development, broaden sales and marketing and make potential acquisitions.
For a detailed dissection of Fractal numbers, read this deep-dive [which has now been made free to read].
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