IPO Guru

IPO Listed — 16 Feb 2026

Listing Price: ₹876

vs Issue Price ₹900 ₹-24 (-2.67%)

Fractal Analytics IPO GMP History | Listing Price ₹876 & Kostak Rate

IPO
Final GMP
₹ -18
-2%
Final Kostak
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0
Final Sub. to Sauda
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0

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.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
15 Feb 2026 ₹ -18 -2% ₹ 0 ₹ 0
14 Feb 2026 ₹ -8 -1% ₹ 0 ₹ 0
13 Feb 2026 ₹ -20 -2% ₹ 0 ₹ 0
12 Feb 2026 ₹ -5 -1% ₹ 0 ₹ 0
11 Feb 2026 ₹ 2 -- ₹ 0 ₹ 0
10 Feb 2026 ₹ 7 1% ₹ 0 ₹ 100
09 Feb 2026 ₹ 8 1% ₹ 0 ₹ 100
08 Feb 2026 ₹ 18 2% ₹ 0 ₹ 0
07 Feb 2026 ₹ 30 3% ₹ 300 ₹ 0
06 Feb 2026 ₹ 60 7% ₹ 0 ₹ 900
05 Feb 2026 ₹ 60 7% ₹ 0 ₹ 0
04 Feb 2026 ₹ 120 13% ₹ 0 ₹ 0
03 Feb 2026 ₹ 185 -- ₹ 0 ₹ 0

Fractal Analytics IPO Dates

Event Date
Open Date 09 Feb, 2026
Close Date 11 Feb, 2026
Allotment Date 12 Feb, 2026
Refund Date 13 Feb, 2026
Credit to Demat 13 Feb, 2026
Listing Date 16 Feb, 2026

Fractal Analytics IPO Actual Listing Price

Basis Value
Issue Price ₹900
GMP-Based Estimate (Pre-Listing) ₹882 (-2%)
Actual Listing Price ₹876 (-2.67%)
Listing Gain / Loss ₹-24 per share
Listing Date 16 Feb, 2026

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:

  • Subscription 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?
  • Timing 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.
  • Grey 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.
  • Cross-check before acting: Review the Fractal Analytics IPO full review for a fundamentals-based assessment before making any grey market trades.

Fractal Analytics IPO IPO Kostak Rate Explained

The Kostak rate for Fractal Analytics IPO was not active during the subscription period, as no grey market premium was established. 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 active 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 Questions about Fractal Analytics IPO

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 : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

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 : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

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

For a complete picture before making your investment decision, explore these resources:

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