Fractal Analytics IPO 2026: Price Band, Dates, Size

Overview of the Fractal Analytics IPO

Fractal Analytics launched a book-built IPO with a total issue size reported at ₹2,833.90 crore. The offer combined a fresh issue and an offer for sale (OFS), with bidding open from February 9, 2026 to February 11, 2026. The basis of allotment was finalised on February 12, 2026, and the shares listed on BSE and NSE on February 16, 2026.

The offer details in the provided data also include a grey market premium (GMP) reference and subscription figures, along with category-wise subscription and allocation numbers. Alongside the main public offer, an employee reservation was included with a stated discount to the issue price.

Issue size and structure: Fresh issue and OFS

The issue was described as a combination of a fresh issue of 1.14 crore shares and an OFS of 2.01 crore shares. In value terms, the fresh issue was reported at ₹1,025.58 crore in one place and around ₹1,023.50 crore in another. Similarly, the OFS component was stated as ₹1,808.32 crore in one place and around ₹1,810.40 crore in another.

Across the datasets, the total size was consistently stated as ₹2,833.90 crore. The IPO was also described as a “Public Cum Offer for Sale (Book Building)” issue.

Price band, face value, and lot size

The IPO price band was set at ₹857 to ₹900 per share. The face value was stated as ₹1 per share. The lot size for applications was fixed at 16 shares.

Based on the upper end of the price band, the minimum retail investment for one lot was ₹14,400 (16 shares). The data also references an “issue price” of ₹900, aligning with the upper price band.

Retail, sNII, and bNII application amounts

For non-institutional investors, the data specifies two commonly used buckets:

• sNII (small non-institutional investors): 14 lots (224 shares) amounting to ₹2,01,600
• bNII (big non-institutional investors): 70 lots (1,120 shares) amounting to ₹10,08,000

For retail investors, the data notes that a retail-individual investor can apply for up to 13 lots. That cap equals 208 shares, translating to ₹1,87,200 at the upper price.

Employee reservation and discount

The issue included a reservation of up to 7,36,196 shares for employees. These shares were offered at a discount of ₹85 to the issue price, as stated in the provided details.

Employee participation also appears in the subscription category data later, where employee subscription is reported separately.

IPO schedule: subscription, allotment, refunds, and listing

The key IPO dates were clearly listed across the data:

• IPO open date: February 9, 2026
• IPO close date: February 11, 2026
• Allotment (basis of allotment): February 12, 2026
• Initiation of refunds: February 13, 2026
• Listing date: February 16, 2026

The shares were listed on both BSE and NSE, with the listing venue repeatedly stated as “BSE, NSE”.

Subscription and GMP references in the provided data

The IPO subscription was reported in two ways within the provided text. One line states the issue was subscribed 2.81 times. Another section provides a total subscription figure of 2.66 times along with category-wise multiples:

• Qualified Institutional Buyers (QIB): 4.18x
• Non-Institutional Investor (NII): 1.05x
• Retail Individual Investor (RII): 1.01x
• Employees: 0.60x
• Total: 2.66x

The same dataset also mentions a latest tentative GMP of ₹7.

Listing outcome: issue price vs listing price

The listing details included a specific comparison:

• Issue price: ₹900.00
• Listing price: ₹876.00
• Listing gains: -₹24.00, or a decline of 2.67%
• Exchange shown in the listing snippet: BSE

This indicates the stock listed below the issue price based on the provided listing print.

Offer and allocation figures cited

The provided tables and bullet points also include several share-count and allocation references. One table shows “Total Shares Offered” as 31,487,778 and “Offered To Public” as 3,082,111. Another version cites “Total Shares Offered” as 31,557,305 and “Offered To Public” as 3,082,110.

For the net offer, one line states:

• QIB shares offered: not more than 97,10,268 of the Net Offer
• Retail shares offered: not less than 32,36,756 of the Net Offer

A separate allocation split is also listed in absolute numbers and percentages:

• 9,246,333 (29.3648%) to QIB
• 4,623,167 (14.6824%) to NII
• 3,082,111 (9.7883%) to RII
• 46.16% to Others

Fractal Analytics IPO snapshot

Timeline table

Company contact details cited in the data

The provided text includes the following address and contact number:

International Business Park, Oberoi Garden City, Off W. E. Highway, Goregaon (E), Mumbai, Maharashtra, 400063. Phone: +91 22 6850 5800.

What investors typically track from here

From the IPO dataset itself, the key measurable checkpoints were the final allotment date (February 12, 2026), refunds initiation (February 13, 2026), and the listing outcome (February 16, 2026). The reported subscription breakdown and the listing print together provide a snapshot of demand across QIB, NII, retail, and employee categories, and how the stock opened versus the issue price.

Any further assessment beyond these items would depend on disclosures and market data not included in the provided text.

Conclusion

Fractal Analytics’ ₹2,833.90 crore book-built IPO ran from February 9-11, 2026, priced in the ₹857-₹900 band with a 16-share lot size, and listed on BSE and NSE on February 16, 2026. The offer included both a fresh issue and an OFS, plus an employee reservation with a ₹85 discount, and the provided listing print shows a ₹876 debut versus a ₹900 issue price.