Denemek ALTIN - Özgür
Fractal Files for ₹4,900-cr IPO, to be First Indian AI Firm to List
Financial Express Bengaluru
|August 14, 2025
ENTERPRISE ARTIFICIAL INTELLIGENCE (AI) solutions provider Fractal Analytics has filed the draft red herring prospectus (DRHP) with Sebi to raise up to ₹4,900 crore through an initial public offering (IPO).
The move puts the company on track to become the first listed AI company in India.
The public issue will comprise a fresh issue of shares worth ₹1,279 crore and an offer for sale of ₹3,621 crore by existing shareholders, including TPG Fett Holdings (₹2,000 crore), Apax Partners-owned Quinag Bidco (₹1,463 crore), and other investors.
The IPO will be conducted through the book-building process, with 75% being reserved for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail individual investors. The company has also reserved up to 5% for eligible employees.
Bu hikaye Financial Express Bengaluru dergisinin August 14, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Financial Express Bengaluru'den DAHA FAZLA HİKAYE
Financial Express Bengaluru
Top-10 stocks will start to outperform: DSP Netra
THE OUTPERFORMANCE PHASE is restarting for the top 10 companies in terms of market capitalisation, DSP Netra said in a report citing recent trends.
1 mins
December 13, 2025
Financial Express Bengaluru
Operational oversight to get a boost Sebi strengthens MII governance framework
Appointment of two executive directors mandated
1 mins
December 13, 2025
Financial Express Bengaluru
Credit growth at 1-year high
BANK CREDIT GROWTH touched 11.53% for the fortnight ended November 28, 2025, marking the strongest lending momentum in 12 months, reports Mahesh Nayak.
1 min
December 13, 2025
Financial Express Bengaluru
Brookfield to invest $1 bn for Mumbai office block
CANADIAN INVESTOR AND developer Brookfield on Friday said it will develop a two million sq ft office project in Mumbai’s Powai district, investing about $1 billion (more than %9,000 crore) to build on a six-acre plot.
1 min
December 13, 2025
Financial Express Bengaluru
House panel demands updated air quality norms ‘at the earliest’
A PARLIAMENTARY PANEL on Friday asked the Centre to come up with the updated India’s National Ambient Air Quality Standards “at the earliest”, noting that the standards were last revised in 2009.
1 min
December 13, 2025
Financial Express Bengaluru
Reforms engine gathers steam: Cabinet clears key Bills
ADDITIONALLY, THE BILL aims to relax current restrictions on the repatriation of dividends and key management personnel for foreign-owned firms, thereby boosting ease of doing business.
3 mins
December 13, 2025
Financial Express Bengaluru
BMW unveils affordable convertible model
AFTER LAUNCHING INDIA'S most affordable luxury EV at the Bharat Mobility Show in January 2025—the iX1 LWB for ₹49.9 lakh—BMW drove in the country’s most affordable convertible car on Friday, the MINI Convertible for ₹58.5 lakh.
1 min
December 13, 2025
Financial Express Bengaluru
Visa for Chinese professionals
“CHINA IS WILLING to maintain communication and consultation with India to continuously enhance the level of facilitation of exchanges,’ ministry spokesperson Guo Jiakun added.
1 mins
December 13, 2025
Financial Express Bengaluru
Silver hits ₹2 lakh in futures trade
SILVER PRICES RALLIED on Friday to breach the record ₹2 lakh per kg mark in futures trade for the first time, riding on strong investor demand and positive global trends.
1 min
December 13, 2025
Financial Express Bengaluru
Assured rural job days to be hiked 25%
MGNREGA will be renamed and wages raised to ₹240 a day
1 min
December 13, 2025
Listen
Translate
Change font size