3
SUMMARY
Fractal’s IPO will comprise a fresh issue of shares worth up to INR 1,279.3 Cr and an offer-for-sale (OFS) component of up to INR 3,620.7 Cr
Apax Partners, TPG, GLM Family Trust, Satya Kumari Remala and Rao Venkateswara Remala will offload shares via the OFS
The IPO proceeds will be utilised to clear borrowings of its US-based subsidiary, set up a new office in India, fuel R&D, and boost sales and marketing initiatives
AI-powered SaaS unicorn Fractal Analytics
has…
