February, 24 2026 Tuesday 03:46 Hrs
Last update 11-9-2025
  • SENSEX :   83,294.66

  • Commodity broking firm in India479.95( 0.58%) 23-Feb-2026
top-arrow-market
Sensex 83294.66 479.95  (0.58) 23-Feb-2026
Previous Day Close
82814.71
Today's High/Low
High Low
  •  
  •  
83486.15 82906.83

IPO News

Fractal Analytics IPO subscribed 20%
10-Feb-26   17:15 Hrs IST
Fractal Analytics received bids for 36,40,320 shares as against 1,85,79,360 shares on offer, according to stock exchange data at 17:00 IST on Tuesday (10 February 2026). The issue was subscribed 0.20 times.

The issue opened for bidding on 9 February 2026 and it will close on 11 February 2026. The price band of the IPO is fixed between Rs 857 and 900 per share. An investor can bid for a minimum of 16 equity shares and in multiples thereof.

The Rs 2,833.9 crore IPO comprises a fresh issue of 11,372,222 equity shares aggregating to Rs 1,023.5 crore and an offer for sale (OFS) of up to 20,115,556 equity shares worth Rs 1,810.4 crore at the upper price band of Rs 900.

Fractal will utilize Rs 264.9 crore from the net fresh issue proceeds to invest in its unit, Fractal USA, for repayment of its borrowings; Rs 57.1 crore for the purchase of laptops; Rs 121.1 crore will be utilized for setting up of new office premises in India; and Rs 355.1 crore for investment in R&D and sales and marketing under Fractal Alpha. The remaining funds will be utilized for general corporate purposes.

Fractal Analytics is an enterprise AI company providing end-to-end artificial intelligence solutions to global enterprises to support data-driven decision-making. With over 25 years of experience, the company operates through Fractal.ai and Fractal Alpha, serving clients across CPG and retail, TMT, healthcare and life sciences, and BFSI, with a customer base that includes several leading global corporations.

Ahead of the IPO of Fractal Analytics on 6 February 2026, the company raised Rs 474.99 crore from anchor investors by allotting 52.77 lakh shares at Rs 900 each to 22 anchor investors.

For the six months ended 30 September 2025, the firm recorded a consolidated net profit of Rs 70.90 crore and sales of Rs 1,559 crore.

Powered by Capital Market - Live News

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.