Fractal Analytics IPO Opens Today: Check Day 1 Subscription Status And What GMP Indicates About AI Firm’s Listing Potential

Fractal Analytics IPO Opens Today: The initial public offering (IPO) of the artificial intelligence (AI) solutions provider Fractal Analytics opened on February 9, 2026 and will close on February 11. Ahead of the opening of the subscription window, the AI firm raised Rs 1,248.25 crore from institutional investors in the anchor round, allotting 13.87 million equity shares. Of the total anchor allocation, 11 domestic mutual funds subscribed to about 5.28 million equity shares, or 38.05 per cent, through 22 schemes.

Meanwhile, Fractal Analytics IPO’s grey market premium (GMP) has seen a brutal crash over the past week.

Fractal Analytics IPO Subscription Status: Day 1

Fractal Analytics IPO Details

Fractal Analytics is set to raise Rs 2,833.90 crore through a book-built issue, the biggest fund raise via a public issue this year so far, which includes a fresh issue of 11.37 million equity shares worth Rs 1,023.50 crore and an offer-for-sale (OFS) component of 20.12 million shares worth Rs 1,810.40 crore.

The AI company has fixed the price band at Rs 857–900 per share, with a lot size of 16 shares. At the upper end of the band, retail investors will need to invest a minimum of Rs 14,400 to apply for the IPO.

The allotment of shares is likely to be finalised on February 12, 2026 and the stock is scheduled to list on the BSE and NSE on February 16, 2026. Kotak Mahindra Capital and Axis Capital are the book-running lead managers, while MUFG Intime India is the registrar to the issue.

Fractal Analytics IPO Objectives

The company plans to use the Rs 1,023.50 crore net proceeds to strengthen its balance sheet and fund growth initiatives. This includes investing in its US subsidiary to repay or prepay borrowings, funding capital expenditure in India, and stepping up investments in research, development, sales and marketing. A portion of the proceeds will also be used for acquisitions, strategic initiatives, and general corporate purposes.

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