Fractal Raises $313M In IPO Debut

Fractal Analytics is going public on February 16, 2026, raising Rs 2,840 crore ($313 million), including a Rs 1,023 crore fresh issue, while existing shareholders sell about Rs 1,800 crore. The offering was subscribed 2.7 times, with stronger institutional demand than retail. Fractal, which allocates 6.1% of sales to R&D, positions itself as an enterprise-AI analytics firm offering both products and services.
Key Points
- 1Raises Rs 2,840 crore ($313M) in IPO; issue subscribed 2.7X on Feb 16, 2026
- 2Invests 6.1% of sales in R&D, positioning it as a long-term enterprise-AI analytics player
- 3Offers both product and services model, implying integration opportunities and complex go-to-market dynamics
Scoring Rationale
Notable, credible IPO with clear sector relevance, but limited novelty beyond a company-specific capital raise.
Sources
Public references used for this report.
Practice interview problems based on real data
1,625 SQL & Python problems across 15 industry datasets — the exact type of data you work with.
Try 250 free problems


