BENGALURU: Enterprise AI solutions company Fractal Analytics has filed draft papers with Sebi for an IPO of up to Rs 4,900 crore. The offer comprises a fresh issue of shares worth Rs 1,279 crore and an offer-for-sale of Rs 3,621 crore. Founded in 2000 by Srikanth Velamakanni and Pranay Agrawal, Fractal provides AI-driven decision-making support to large enterprises across sectors. Fractal’s revenue from operations rose 26% to Rs 2,765 crore in FY25 from Rs 2,196 crore a year ago. Net profit was Rs 220.6 crore in FY25, against a net loss of Rs 54.7 crore in the previous year.
AI solutions company Fractal files for nearly Rs 5,000 crore IPO
Date:
More like thisRelated
Rupee strengthens! Indian currency surges 26 paise against US dollar; at 89.92 in early trading
The rupee showed slight improvement against the...
‘Avengers: Doomsday’ trailer 4 LEAKED: Not Robert Downey Jr’s Doctor Doom, but Black Panther and Fantastic Four crossover teased |
Marvel Studios' elaborate plans to roll out...
Helly Shah’s birthday bash: TV star celebrates her special day with fans; stuns in a black dress – Pics |
Television star Helly Shah celebrated her 30th birthday...
Trump ‘sir’ dials wrong number on India’s Apache purchase
The TOI correspondent from Washington: US President...