What are the key dates and the Fractal IPO price band?

The Fractal Analytics IPO is open from February 9 to 11, with a price band of Rs 857–900 per share. The final price will be set after book building closes. All figures are in INR. Investors should confirm timelines with their broker before placing bids.

Why does anchor investor demand matter here?

Anchors committed Rs 1,248 crore before the offer opened, which can validate pricing and improve confidence for other investors. A robust anchor book often supports early trading stability. Still, anchors are not a guarantee of gains, so watch full subscription data across QIB, NII, and retail.

How can investors in Hong Kong participate?

HK investors typically need an India-enabled brokerage that supports IPO applications on Indian exchanges. Ensure KYC is complete, INR funding is arranged, and fees are understood before bidding. If direct access is difficult, consider India-focused funds and reassess post-listing once liquidity trends are clearer.

What metrics should I track during the offer and after listing?

During the offer, watch daily subscription levels and where pricing clears within the band. After listing, monitor turnover, spreads, and price stability relative to the issue price. Over time, review revenue growth, margins, net retention, and client concentration to judge execution against expectations.

Global Market Insights

Fractal Analytics IPO, February 8: Rs 857-900 Band, Rs 1,248 Cr Anchors

ByDanny Kontos February 8, 2026February 8, 2026

The Fractal Analytics IPO opens on February 9–11 with a Rs 857–900 price band. The company is an AI-first enterprise SaaS provider from India, and early anchor investor demand of Rs 1,248 crore signals strong interest. For Hong Kong investors, this deal offers targeted exposure to AI-led analytics without chasing high-growth names in the US or China. We explain key terms, anchor signals, what to track this week, and practical access routes. All figures are in Indian Rupees unless stated.