Fractal Industries is entering the public markets through SME IPO with an issue size of ₹49.00 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on BSE & SME.
The IPO subscription window opens on February 16, 2026 and will remain open until February 18, 2026. The company plans to list its shares on February 23, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Fractal Industries Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Fractal Industries that investors generally review before applying.
IPO Details at a Glance
| Company Name | Fractal Industries |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Price | ₹205 – ₹216 Per Share |
| Lot Size | 600 Shares |
| Face Value | ₹10 Per Share |
| Exchange | BSE & SME |
IPO Documents
| RHP | DRHP |
|---|---|
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|
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 114,000 | 5.03% |
| Qualified Institutional Buyers (QIB) | 1,075,800 | 47.42% |
| — Anchor Investor | 645,000 | 28.43% |
| — QIB (Ex Anchor) | 430,800 | 18.99% |
| NII (HNI) | 324,000 | 14.28% |
| Retail | 754,800 | 33.27% |
| Total Shares Offered | 2,268,600 | 100.00% |
Fractal Industries IPO Important Dates
The following table highlights the key dates for the Fractal Industries IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 16 Feb 2026 |
|---|---|
| IPO Closing Date | 18 Feb 2026 |
| Allotment Finalization | 19 Feb 2026 |
| Initiation of Refunds | 20 Feb 2026 |
| Credit of Shares | 20 Feb 2026 |
| IPO Listing Date | 23 Feb 2026 |
Fractal Industries IPO Size & Structure
| Total IPO Size | ₹49.00 Crore |
|---|---|
| Fresh Issue | ₹49.00 Crore |
Fractal Industries IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Fractal Industries IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹205 to ₹216 per share.
Investors can apply for the IPO with a minimum of 600 shares. Applications must be made in multiples of 600 shares.
- Retail investors can apply from 2 lot to 2 lots.
- Small HNI (SHNI) investors must apply for at least 3 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 8 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹216 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹216 | ₹259,200 |
| Retail (Max) | 2 | 1,200 | ₹216 | ₹259,200 |
| S-HNI (Min) | 3 | 1,800 | ₹216 | ₹388,800 |
| S-HNI (Max) | 7 | 4,200 | ₹216 | ₹907,200 |
| B-HNI | 8 | 4,800 | ₹216 | ₹1,036,800 |
Fractal Industries IPO GMP (Grey Market Premium)
The latest Fractal Industries IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current Fractal Industries IPO GMP is ₹8 (3.70%), compared to the IPO issue price of ₹216. Based on the current GMP, the expected listing price is around ₹224. The Lowest GMP was ₹0 on 20 Feb 2026, while the highest GMP reached ₹8 on 24 Feb 2026.
Fractal Industries IPO was listed on the stock exchange on 23 Feb 2026. The IPO was subscribed 5.08 times. The first reported GMP was ₹0 (0%), while the latest recorded GMP stood at ₹8 (3.7%).Listing Details:
- Issue Price: ₹216 per share.
- Listing Price: ₹229.00 (approx. 6.02% gain)
- Listing Date: 23 Feb 2026
Fractal Industries IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 24 Feb 2026 | ₹216 | ▲ ₹8 | ▲ 3.7% | ₹224 | ₹9,600 |
| 23 Feb 2026 | ₹216 | ▲ ₹5 | ▲ 2.31% | ₹221 | ₹6,000 |
| 21 Feb 2026 | ₹216 | ▲ ₹2 | ▲ 0.69% | ₹218 | ₹1,800 |
| 20 Feb 2026 | ₹216 | ₹0 | 0% | ₹216 | ₹0 |
| 19 Feb 2026 | ₹216 | ₹0 | 0% | ₹216 | ₹0 |
| 18 Feb 2026 | ₹216 | ▼ ₹0 | ▼ 0% | ₹216 | ₹0 |
| 17 Feb 2026 | ₹216 | ₹4 | 1.85% | ₹220 | ₹4,800 |
| 16 Feb 2026 | ₹216 | ▼ ₹4 | ▼ 1.85% | ₹220 | ₹4,800 |
| 14 Feb 2026 | ₹216 | ▲ ₹6 | ▲ 2.78% | ₹222 | ₹7,200 |
| 13 Feb 2026 | ₹216 | ₹5 | 2.31% | ₹221 | ₹6,000 |
| 12 Feb 2026 | ₹216 | ▲ ₹5 | ▲ 2.31% | ₹221 | ₹6,000 |
| 11 Feb 2026 | ₹216 | ₹0 | 0% | ₹216 | ₹0 |
| 10 Feb 2026 | ₹216 | ₹0 | 0% | ₹216 | ₹0 |
Fractal Industries IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at Fractal Industries fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the Fractal Industries IPO.
Fractal Industries IPO Subscription Status
Fractal Industries IPO was subscribed 5.08 times overall on the final day of bidding (as of 18 Feb 2026).The subscription opened on 16 Feb 2026. The Retail portion was subscribed 4 times, while QIB and NII categories were subscribed 5.95 times and 6.08 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 16 Feb 2026 | 4.85x | 0.52x | 0.22x | — | 1.53x |
| 17 Feb 2026 | 4.96x | 1.17x | 0.82x | — | 2.01x |
| 18 Feb 2026 | 5.95x | 6.08x | 4x | — | 5.08x |
On the first day, the Fractal Industries IPO received good initial interest, with early participation from QIB and NII investors.
Demand for the Fractal Industries IPO strengthened further on Day-2, driven mainly by higher bids from QIB, followed by NII investors.
By the end of the bidding period, the IPO was subscribed 5.08x overall, reflecting strong demand from key investor categories, led by NII, followed by Retail and QIB investors. Overall subscription for the Fractal Industries IPO increased from 1.53x on Day-1 to 5.08x by the final day.
Fractal Industries IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 5.95x |
| Non-Institutional Investors (NII) | 6.09x |
| Retail Investors | 4.06x |
| Total | 5.11x |
Fractal Industries IPO Allotment Status
The Fractal Industries IPO allotment status was released on 19 Feb 2026. Investors who applied for the IPO can now check their Fractal Industries allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 19 Feb 2026
- 📈 Listing Date: 23 Feb 2026
How to Check Fractal Industries IPO Allotment Status Online?
Investors can check the Fractal Industries IPO allotment status online through KFin Technologies Limited and BSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
KFin Technologies
to know more about the IPO registrar.
Check on KFin Technologies Limited (IPO Registrar)
- Visit → KFin Technologies Limited
- Select Fractal Industries
- Enter Application No / Demat Account / PAN details
- Click Submit to view allotment status
Check on BSE (Bombay Stock Exchange) Website
- Visit → BSE Website.
- Select Issue Type: Equity.
- Choose Fractal Industries IPO.
- Enter your PAN or Application Number.
- Click on Search button.
The Bombay Stock Exchange (BSE) also allows investors to check the Fractal Industries IPO allotment status online.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for Fractal Industries IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
Fractal Industries debuted at ₹229, listing at a premium of +₹13 (+6.02%), reflecting strong initial demand. However, profit booking during the session erased most of the gains, and the stock closed at ₹217.55, near its issue price. Investors saw limited net returns by the end of the listing day.
📌 IPO Issue Price and Lot Size
The IPO of Fractal Industries was offered in the price band of ₹205 to ₹216 per share.
- The final issue price was fixed at ₹216.
- One lot consisted of 600 shares.
- Minimum investment: ₹216 × 600 = ₹129,600
- Investment after Day-1: ₹217.55 × 600 = ₹130,530
- By the end of the listing session, investors made a profit of +₹930 per lot.
📌 IPO Subscription Analysis
With an overall subscription of 5.08×, supported by QIB participation of 5.95×, the IPO delivered steady listing gains. The stock debuted at 6.02% and closed at 0.72%.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 4.85x | 0.52x | 0.22x | 1.53x |
| Day 2 | 4.96x | 1.17x | 0.82x | 2.01x |
| Day 3 | 5.95x | 6.08x | 4x | 5.08x |
📌 Final Assessment
Overall Outcome: Successful IPO
- Subscription Phase: Moderate investor participation
- Listing Phase: Strong listing performance
- Investor Experience: Mild positive returns for investors
About Fractal Industries Limited
Fractal Industries is a garment manufacturing and supply chain company that offers end-to-end services. The company is involved in designing, sourcing, and manufacturing garments, along with handling warehousing and logistics for e-commerce platforms such as Myntra, Ajio, and Flipkart.
The company has operations across India and focuses on supplying fast-moving and quality apparel to online marketplaces. It also provides support services like product and order management, inventory and return processing, integrated logistics, data analytics, multi-channel sales support, and order anomaly tracking.
IPO Financial Summary
- Total Assets changed by 21.65% in FY 2024-2025.
- Total Revenue changed by 70.99% in FY 2024-2025.
- Profit After Tax changed by 232.16% in FY 2024-2025.
- Reserves & Surplus changed by 98.43% in FY 2024-2025.
- Total Borrowings changed by 26.19% in FY 2024-2025.
| Metric | 2025-09-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 62.03 | 51.42 | 42.27 | 41.21 |
| Total Revenue (₹ Cr) | 47.33 | 85.51 | 50.01 | 88.91 |
| Profit After Tax (₹ Cr) | 6.78 | 7.54 | 2.27 | 2.66 |
| Reserves & Surplus (₹ Cr) | 18.01 | 15.20 | 7.66 | 5.39 |
| Total Borrowings (₹ Cr) | 24.63 | 27.61 | 21.88 | 14.05 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹36.50 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Funding working capital requirements | 36.50 | 100.00% |
| 2 | General corporate purposes | 0.00 | 0.00% |
| Total | 36.50 | 100% | |
Fractal Industries IPO Promoter Holding
| Promoter(s) | Mr. Pankaj Bishwanath Agrawal and Mrs. Priti Pankaj Agrawal |
|---|---|
| Pre-Issue Holding | 97.15% |
Fractal Industries IPO FAQs
The Fractal Industries IPO is a SME Bookbuilding IPO with a total issue size of ₹49.00 crore. The issue consists of a fresh issue of ₹49.00 crore.
The IPO will open for subscription on Mon, 16 Feb 2026 and will close on Wed, 18 Feb 2026.
The shares are being offered at a price band of ₹205 to ₹216 per equity share.
Investors can apply for the IPO with a minimum lot size of 600 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹259,200.
The shares of Fractal Industries are expected to be listed on BSE & SME on Mon, 23 Feb 2026.
The Grey Market Premium (GMP) of Fractal Industries IPO is ₹8.
The expected listing price of Fractal Industries IPO is around ₹224 based on current GMP. This indicates a potential return of approximately 3.70% , with an estimated profit of ₹4,800 per lot, subject to market conditions.
The Fractal Industries IPO was subscribed 5.11 times on the final day of subscription.
The retail portion is subscribed 4 times as of 18 Feb 2026.
The QIB portion is subscribed 5.95 times and the NII portion is subscribed 6.08 times .
The IPO registrar of Fractal Industries is KFin Technologies Limited. KFin is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Thu, 19 Feb 2026.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Thu, 19 Feb 2026 on the registrar or exchange website.
Shares are expected to be credited by Fri, 20 Feb 2026.
Refunds for unsuccessful applicants will be initiated on Fri, 20 Feb 2026.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
Fractal Industries IPO is listed on BSE.
The latest share price of Fractal Industries Limited is currently not available.
Recent price movement data for Fractal Industries Limited is currently not available.
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