Fractal Analytics IPO opens Feb 9; GMP signals 7% listing gain. Key details here
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Fractal Analytics, one of India’s leading artificial intelligence firms, is set to launch a Rs 2,834 crore initial public offering (IPO) on February 9, with the grey market premium (GMP) indicating a potential 7% listing gain. Based on current GMP trends, the stock is expected to debut around Rs 963 per share. The IPO is being closely watched as it marks India’s first pure-play AI company to tap the public markets, drawing strong investor interest amid growing enthusiasm for AI-driven businesses. The issue comprises a fresh issue of Rs 1,023.50 crore, aimed at funding growth initiatives and innovation, along with an offer-for-sale (OFS) of Rs 1,810.40 crore by existing shareholders. The price band has been fixed at Rs 857–900 per share. The IPO will remain open for subscription from February 9 to February 11, with the allotment expected to be finalised on February 12, 2026. Once listed, Fractal Analytics shares will debut on both the BSE ...