Try GOLD - Free
Fractal's book-building for IPO may start soon
Mint Chennai
|December 29, 2025
India's first AI unicorn is likely to file updated draft papers by mid-January
A book-building process is also likely to help Fractal decide on its pre-IPO placement.
(AP)
Fractal Analytics Ltd is likely to begin the book-building process for its ₹4,900 crore market debut as early as next week, two people directly aware of the matter said.
India’s first artificial intelligence (AI) unicorn, which received regulatory approval for launching its initial public offering (IPO) in November, is likely to file updated draft papers by mid-January 2026, one of the people quoted above said.
The firm has been meeting potential investors, local and global, and has received commitments from several of them, the other person explained.
This story is from the December 29, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Can my will provide for my pet's future care and maintenance?
Given my bonding with my pet, how can I provide for its care and maintenance through my will?
1 mins
January 07, 2026
Mint Chennai
UBS sees rupee at 94/$ in FY27 even as trade woes ease
The rupee is expected to continue its long-term depreciation, reaching 94 against the dollar in FY27, as structural headwinds outweigh temporary relief from easing trade tensions, according to UBS Investment Bank.
1 mins
January 07, 2026
Mint Chennai
Edtech makes micro-learning pivot as dealmaking declines
The bet is on short, vernacular micro-learning to capture low-intent, high-frequency users
2 mins
January 07, 2026
Mint Chennai
Wipro adds office space at Mumbai's Airoli hub
Information technology (IT) major Wipro has increased its presence in the Mumbai Metropolitan Region, leasing 145,157 sq. ft of office space for five years at Mindspace Business Parks in Navi Mumbai's Airoli East.
1 min
January 07, 2026
Mint Chennai
Domestic steelmakers raise prices after safeguard duty
Steel price increases are expected to support the profitability of Indian steelmakers
2 mins
January 07, 2026
Mint Chennai
Why cloud storage is moving back home
As web storage gets pricier, users are looking for alternatives like private cloud devices that promise ownership, privacy, and savings
5 mins
January 07, 2026
Mint Chennai
Devyani-Sapphire merger is a good fit, but not a demand fix
The proposed merger of Devyani International Ltd and Sapphire Foods Ltd appears strategically sound.
1 mins
January 07, 2026
Mint Chennai
Adani bond issue sees heavy demand
Adani Enterprises had planned to raise ₹1,000 cr via sale of two-, three- and five-year bonds.
1 min
January 07, 2026
Mint Chennai
Bollywood partners Hollywood for reach
Hollywood’s relationship with Bollywood is evolving.
1 mins
January 07, 2026
Mint Chennai
Trump’s hint to oil executives weeks before Maduro ouster: ‘Get ready’
The U.S. president now wants oil companies to grow Venezuela's production
4 mins
January 07, 2026
Listen
Translate
Change font size