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Fractal's book-building for IPO may start soon
Mint New Delhi
|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.
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