Fractal Analytics IPO: Promoters, Early Backers Set for Massive Windfall Gains

• Promoters and early backers of Fractal Analytics are poised for significant gains ahead of the company's initial public offering (IPO).
• The IPO price band is fixed at Rs 857–900 per share, valuing the company at approximately Rs 15,474 crore at the upper end.
• Co-founders Srikant Velamakanni and Pranay Agrawal, along with other directors, will see their holdings' value surge dramatically.
• Early investors like Apax Partners-managed Quinag Bidco and TPG Fett Holdings are also set for substantial profits.
• The IPO opens for subscription from February 9 to February 11, with the public issue size and price band revised based on investor feedback.