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Its research and development (R&D) expenditure jumped 28% to Rs 41 crore during the quarter from Rs 32 crore in the same quarter in the previous fiscal.
Fractal's net profit expanded to Rs 116 crore in Q4 FY26 from Rs 55.5 crore in Q4 FY25.
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.
The IPO will open for bidding on February 9 and close on February 11. The anchor bidding will take place on February 8.
With its steady track record of giving timely exits to its investors, Fractal marches towards the IPO. But the larger question now is whether Fractal can keep pace with an AI ecosystem...
The other entities that have been selected by the government under its AI Mission include Avatar AI, IIT Bombay Consortium – Bharat Gen and Intellihealth.
The IPO comprises of fresh issue of shares worth Rs 1,279 crore and an offer for sale (OFS) of Rs 3,620.7 crore by existing shareholders.
As part of the transaction, existing investor Apax Partners sold a 6% stake in the company to a consortium of 22 institutional investors.
