What is Fractal Analytics' IPO price band?

Fractal Analytics has set its IPO price band between 857 and 900 rupees per share.

When can retail investors bid for Fractal Analytics' IPO?

Retail investors can start bidding for Fractal Analytics' IPO on February 9.

Who are some of Fractal Analytics' clients?

Fractal Analytics counts major technology firms like Microsoft, Apple, Nvidia, Alphabet, and Tesla among its clients.

Home / Business and Economy / Fractal Analytics IPO: India's AI Pioneer Sets Price

Fractal Analytics IPO: India's AI Pioneer Sets Price

4 Feb

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Summary

Fractal Analytics priced its IPO between 857-900 rupees per share.
The AI firm targets a valuation of approximately 144.5 billion rupees.
Fractal aims to be India's first publicly listed pure-play AI company.

Fractal Analytics IPO: India's AI Pioneer Sets Price

Fractal Analytics, an Indian enterprise artificial intelligence firm, has announced its IPO price band, setting it between 857 and 900 rupees per share. This offering targets a valuation of approximately 144.5 billion rupees, as the company prepares to become India's first pure-play AI-focused listed entity.

The IPO is scheduled to open for retail investors on February 9, with anchor investor bidding commencing earlier on February 6. The bidding process will conclude on February 11. Despite a subdued domestic primary market observed in January 2026, investment bankers anticipate 2026 will be a significant year for India's primary market.

Fractal Analytics, established in 2000 and based in Mumbai, boasts a notable client list including major technology and consumer firms such as Microsoft, Apple, Nvidia, Alphabet, and Tesla. The company has reduced its issue size by over 40% to 28.34 billion rupees for this offering.