Fractal Analytics IPO opens today: Check price band, GMP and key details
The latest grey market premium for Fractal Analytics IPO stands at Rs 17, suggesting an estimated listing price of around Rs 917 and a possible gain of about 1.9% per share.

The initial public offering (IPO) of AI and analytics firm Fractal Analytics opened for subscription on Monday, February 9, giving investors a chance to bet on a fast-growing technology player. The issue will remain open until February 11 and is scheduled to list on the BSE and NSE on February 16.
ISSUE SIZE AND KEY DETAILS
Fractal Analytics’ IPO is a book-built issue worth Rs 2,833.90 crore. It includes a fresh issue of 1.14 crore shares worth Rs 1,023.50 crore and an offer for sale of 2.01 crore shares aggregating to Rs 1,810.40 crore.
The company has fixed a price band of Rs 857 to Rs 900 per share. The lot size is 16 shares, which means a retail investor needs to invest at least Rs 14,400 in the upper price band. The allotment is expected to be finalised on February 12.
The latest grey market premium for Fractal Analytics IPO stands at Rs 17, suggesting an estimated listing price of around Rs 917 and a possible gain of about 1.9% per share.
COMPANY BACKGROUND AND MARKET OPPORTUNITY
Founded in 2000, Fractal Analytics is a global enterprise AI and analytics company that helps large organisations make smarter business decisions. It combines technical expertise with industry knowledge to design AI-driven solutions.
Master Capital Services Ltd. said, “The Global Data, Analytics and AI (DAAI) market represents a large and expanding opportunity, driven by accelerating enterprise adoption of digital transformation, cloud and AI-led decision-making.”
The brokerage added that the market was valued at around $143 billion in FY25 and is expected to grow strongly in the coming years.
"In this evolving landscape, Fractal Analytics is strategically positioned as a pure-play enterprise DAAI company with end-to-end capabilities across the value chain, strong presence in key global markets and deep domain expertise across focus industries. Its emphasis on AI transformation, GenAI investments and large enterprise relationships positions it to capitalise on the sustained growth opportunities in the global DAAI services market. Investors may consider the IPO as a potential long-term investment opportunity," said Master Capital Services.
Given the rapid growth of the AI and analytics market, Fractal Analytics’ debut will be closely watched by investors seeking exposure to emerging technology themes.

