Fractal Analytics IPO Targets ₹14,450 Crore Valuation with Price Band of ₹857–₹900

Fractal Analytics is set to make history as India’s first listed pure-play AI company. The firm has unveiled its IPO price band at ₹857–₹900 per share, positioning itself for a valuation of approximately ₹14,450 crore ($1.6 billion). The offering comes amid muted primary market activity but is expected to draw strong investor interest given the company’s leadership in AI-driven enterprise solutions.  

Key Highlights

IPO Timeline:  

• Anchor investor bidding: February 6, 2026  
• Retail investor subscription: February 9–11, 2026  
   
• Valuation Target: Around ₹14,450 crore ($1.6 billion).  
• Market Context: Only three IPOs launched in January 2026, compared to ten in December 2025, reflecting cautious sentiment amid global uncertainties.  
• Sector Significance: Fractal Analytics will be India’s first pure-play AI-focused listed firm, underscoring the growing importance of artificial intelligence in enterprise solutions.  
• Investor Outlook: Analysts expect strong demand given the company’s established global footprint and rising adoption of AI across industries.  

Fractal’s IPO is not only a financial milestone but also a symbolic one, highlighting India’s emergence as a hub for AI innovation in capital markets.  

Sources: Reuters, Economic Times, Moneycontrol