StockWatch
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Computers - Software & Consulting
Corporate Governance3 Nov 2026, 11:21 pm

Fractal Analytics IPO Proceeds Monitoring Report for Q2 FY27

AI Summary

Fractal Analytics Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, issued by CARE Ratings Limited. The report confirms that the utilization of Initial Public Offer (IPO) proceeds, amounting to ₹1,023.50 crore, has been in line with the objects disclosed in the offer document, with no deviations reported. The company utilized ₹82.1 crore during Q2FY27 towards stated objects, including investment in its subsidiary Fractal USA, purchase of laptops, and setting up new office premises. The report was reviewed and taken on record by the Audit Committee and the Board of Directors.

Key Highlights

  • No deviation in IPO proceeds utilization for Q2 FY27.
  • ₹82.1 crore utilized towards stated objects in Q2 FY27.
  • Funds allocated for subsidiary investment, laptops, and office setup.
  • Report submitted by CARE Ratings Limited as Monitoring Agency.
  • Utilization confirmed by Audit Committee and Board of Directors.