Fractal Analytics IPO GMP History
Fractal Analytics IPO has been listed on February 16, 2026 at a listing price of ₹876, against the issue price of ₹900 — a loss of ₹24 (-2.67%). The GMP peaked at ₹185 on 3 February 2026 and reached a low of ₹-20 on 13 February 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Fractal Analytics IPO raised ₹2834 Cr. through its IPO at a price band of ₹857 to ₹900 per share, with a lot size of 16 shares. The IPO was open for subscription from 09 Feb 2026 to 11 Feb 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Aug, 11:19 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 15 Feb 2026 | ₹ -18 | ▼ | -2% | — | — |
| 14 Feb 2026 | ₹ -8 | ▲ | -1% | — | — |
| 13 Feb 2026 | ₹ -20 | ▼ | -2% | — | — |
| 12 Feb 2026 | ₹ -5 | ▼ | -1% | — | — |
| 11 Feb 2026 | ₹ 2 | ▼ | -- | — | — |
| 10 Feb 2026 | ₹ 7 | ▼ | 1% | — | ₹ 100 |
| 09 Feb 2026 | ₹ 8 | ▼ | 1% | — | ₹ 100 |
| 08 Feb 2026 | ₹ 18 | ▼ | 2% | — | — |
| 07 Feb 2026 | ₹ 30 | ▼ | 3% | ₹ 300 | — |
| 06 Feb 2026 | ₹ 60 | — | 7% | — | ₹ 900 |
| 05 Feb 2026 | ₹ 60 | ▼ | 7% | — | — |
| 04 Feb 2026 | ₹ 120 | ▼ | 13% | — | — |
| 03 Feb 2026 | ₹ 185 | — | -- | — | — |
Fractal Analytics IPO dates
Key dates from opening to listing. Today is 7 October.
- Open 09 Feb 2026
- Close 11 Feb 2026
- Allotment 12 Feb 2026
- Refund/credit 13 Feb 2026
- Listing 16 Feb 2026
Fractal Analytics IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹900 |
|---|---|
| GMP-based estimate (pre-listing) | ₹882 (-2%) |
| Listing gain / loss | −₹24 per share |
| Listing date | 16 Feb, 2026 |
| Actual listing price | ₹876 (-2.67%) |
Is Fractal Analytics IPO GMP reliable?
Grey market premium for Fractal Analytics IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Fractal Analytics IPO full review for a fundamentals-based assessment before making any grey market trades.
Fractal Analytics IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Fractal Analytics IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Fractal Analytics IPO
Fractal Analytics, founded in 2000 in Mumbai, India, by Srikanth Velamakanni, Pranay Agrawal, Nirmal Palaparthi, Pradeep Suryanarayanan, and Ramakrishna Reddy, pioneered analytics-as-a-service to enable data-driven decisions for businesses. The company expanded globally in 2005 with dual headquarters in Mumbai and New York City, later acquiring firms like Imagna Analytics and Mobius Innovations in 2015 to bolster its capabilities. Srikanth Velamakanni and Pranay Agrawal, who previously worked together at ICICI Bank, remain key promoters driving its vision.
Fractal offers end-to-end AI solutions through two main divisions: Fractal.ai, which provides AI services and platforms like the agentic AI platform Cogentiq for decision intelligence, and Fractal Alpha, featuring product-led, IP-driven AI businesses with subscription-based tools. Its services span marketing analytics, predictive modeling, machine learning, and agentic AI, serving over 170 enterprise clients in sectors like BFSI, healthcare, retail, and CPG across 18 countries. Operating a B2B model, Fractal emphasizes long-term client relationships, high retention via deep integration, and global delivery powered by substantial R&D investment at 12.5% of revenue
Frequently asked
What is the GMP of Fractal Analytics IPO?
The current Grey Market Premium (GMP) of Fractal Analytics IPO is ₹ -18.
What is the Kostak Price of Fractal Analytics IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Fractal Analytics IPO is not available.
What is the Subject to Sauda Price of Fractal Analytics IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Fractal Analytics IPO?
Fractal Analytics IPO listed on February 16, 2026 at ₹876, against the issue price of ₹900 — a loss of -2.67%.
How did the GMP of Fractal Analytics IPO trend before listing?
The GMP of Fractal Analytics IPO was falling in its final days before listing. The GMP peaked at ₹185 on 3 February 2026. View the day-wise table above for the complete GMP history.
Explore Fractal Analytics IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
