Fractal Industries
CLOSEDIPO Date: 16 Feb - 18 Feb 2026
Listing Date: 24 Feb 2026
Price Range
Rs.205 - Rs.216
Issue Size
49 Cr
Min Investment
₹1,23,000
Lot Size
600 Shares
Schedule of Fractal Industries
Issue open date
16 Feb 2026
Issue close date
18 Feb 2026
UPI mandate deadline
18 Feb 2026 (5 PM)
Allotment finalization
19 Feb 2026
Share credit
20 Feb 2026
Listing date
24 Feb 2026
Mandate end date
5 Mar 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 49 Cr |
| Fresh Issue | 49 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 19 Feb 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 23 Feb 2026 | ₹216 | ₹8 | ₹224 (3.7%) |
| 22 Feb 2026 | ₹216 | ₹5 | ₹221 (2.31%) |
| 21 Feb 2026 | ₹216 | ₹1 | ₹217 (0.69%) |
| 19 Feb 2026 | ₹216 | ₹0 | ₹216 (0%) |
| 17 Feb 2026 | ₹216 | ₹0 | ₹216 (0%) |
| 15 Feb 2026 | ₹216 | ₹4 | ₹220 (1.85%) |
| 14 Feb 2026 | ₹216 | ₹4 | ₹220 (1.85%) |
| 13 Feb 2026 | ₹216 | ₹6 | ₹222 (2.78%) |
| 12 Feb 2026 | ₹216 | ₹5 | ₹221 (2.31%) |
| 11 Feb 2026 | ₹216 | ₹5 | ₹221 (2.31%) |
| 10 Feb 2026 | ₹216 | ₹0 | ₹216 (0%) |
Performance Fractal Industries
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.205 - Rs.216 | ₹ 686 (6.02%) | ₹ 218.4 | 1.11% |
About Fractal Industries
Fractal Industries Limited is engaged in the designing, sourcing, and manufacturing of garments and in providing warehousing and supply chain services for e-commerce platforms. The company undertakes end-to-end garment manufacturing activities, including design coordination, production, quality control, and order fulfilment for online marketplaces such as Myntra, Ajio, among others. It also provides supply chain and fulfilment services covering warehousing, logistics coordination, inventory management, order management, returns processing, and multi-channel sales support. In addition, the company offers technology-enabled services such as product management systems, data analytics, order anomaly detection, and integrated logistics management to support apparel-related e-commerce operations. Fractal Industries initially began manufacturing garments for Myntra and subsequently expanded its client base to other marketplaces. The company’s manufacturing facility is located in Mumbai, while its warehouses are situated in Gujarat, Maharashtra, Haryana, West Bengal, and Karnataka.
| Founded in | 2020 |
| Managing director | Mr Pankaj Bishwanath Agrawal |
| Parent organization |
Financial Overview
Strengths
- Integrated apparel manufacturing and tech-driven supply chain model.
- Strong relationships with leading e-commerce marketplaces.
- Pan-India warehousing and fulfilment infrastructure.
- Scalable production capacity focused on fast fashion.
- Data-led systems are improving inventory, logistics, and turnaround time.
Risks
- High revenue concentration from a limited number of customers.
- Dependence on third-party online marketplaces for the majority of sales.
- Exposure to changing fashion trends and demand volatility.
- Working capital–intensive operations impact cash flows.
- Operational risks in inventory management, returns, and warehousing
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 5.95 |
| Non-Institutional Investors (NIIs) | 6.08 |
| Retail Individual Investors (RIIs) | 4 |
| Employee | N/A |
| Total | 5.08 |