Fractal Analytics Secures ₹1,248 Crore in Anchor Round Ahead of ₹2,834 Crore IPO

• AI firm Fractal Analytics raised ₹1,248.26 crore from anchor investors before its IPO opens on February 9.
• The anchor round saw strong participation from domestic and global institutional investors, including SBI MF, LIC, Morgan Stanley, and Goldman Sachs.
• Fractal allotted 1.39 crore equity shares to 52 anchor investors at ₹900 per share.
• The ₹2,834 crore IPO, scaled down from an initial ₹4,900 crore, will be open from February 9-11 with a price band of ₹857-₹900 per share.
• Proceeds will fund Fractal USA's borrowings, R&D, acquisitions, and new offices, with a stock market debut on February 16.