Fractal Analytics IPO: CEO and early investors set to make up to 2,24,000% returns

Promoters and early investors of Fractal Analytics are staring at massive wealth creation as India’s first pure-play artificial intelligence IPO heads to the market with a top-end price of Rs 900 per share. For many of them, the public issue marks the monetisation of bets made years — and in some cases decades — ago, delivering robust returns both in absolute rupee terms and percentage gains.