Fractal Industries IPO Details
The key details of Fractal Industries’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹49 Crores |
| Price Range | ₹205 - ₹216 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1,200 |
| Investment (cut-off price) | ₹2,59,200 |
| Pre IPO Promotor Holding | 97.15% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Fractal Industries IPO Timelines
The IPO process for Fractal Industries includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
16/02/2026
Start Date18/02/2026
End Date20/02/2026
Refund Initiation20/02/2026
Credit of Shares to Demat Ac23/02/2026
Listing DateFractal Industries IPO Lot Size
The Fractal Industries IPO has a fixed lot size of 600 shares, at an upper price band of ₹216 per share. For retail investors, the minimum and maximum application is 1,200 shares (2 lots) amounting to ₹2,59,200. For Small HNI (S-HNI) investors, the minimum application is 1,800 shares (3 lots) worth ₹3,88,800, while the maximum is 4,200 shares (7 lots) amounting to ₹9,07,200. Big HNI (B-HNI) investors need to apply for at least 4,800 shares (8 lots), totaling ₹10,36,800.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 1200 | ₹2,59,200 |
| Retail Maximum | 2 | 1200 | ₹2,59,200 |
| S-HNI Minimum | 3 | 1800 | ₹3,88,800 |
| S-HNI Maximum | 7 | 4200 | ₹9,07,200 |
| B-HNI Minimum | 8 | 4800 | ₹10,36,800 |
Fractal Industries IPO Subscription Status
The subscription status for Fractal Industries IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Fractal Industries IPO Company Financials
Fractal Industries reports robust performance in FY2025 with Total Income of ₹85.51 crores, managing expenses at ₹76.41 crores, and achieving a strong PAT (Profit After Tax) of ₹7.54 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹88.91 | ₹85.70 | ₹2.66 |
| FY 2024 | ₹50.01 | ₹47.27 | ₹2.27 |
| FY 2025 | ₹85.51 | ₹76.41 | ₹7.54 |
| FY 2026 (6 M) | ₹47.33 | ₹39.20 | ₹6.78 |
About Company
Fractal Industries is a full service garment manufacturing and supply chain company operating across India. The organization designs, sources, and manufactures fast moving, high quality apparel for leading e commerce platforms such as Myntra, Ajio, and Flipkart. Services extend beyond production to include product and order management, inventory and return handling, integrated logistics, data analytics, multi channel sales support, and order anomaly detection. A manufacturing facility in Mumbai supports a monthly production capacity exceeding 3,00,000 garments, complemented by warehouses located in Gujarat, Maharashtra, Haryana, West Bengal, and Karnataka.
Operations are structured across three business models. Under the outright sale model, garments are manufactured and sold in bulk to e commerce platforms, which then manage retail sales, warehousing, delivery, and returns. The PPMP model focuses on designing and manufacturing apparel under marketplace owned brands, managing forecasting, production, warehousing, and dispatch within 48 hours in line with platform guidelines. Direct sale under the in house brand 7ate9, launched on May 26, 2025, enables direct to customer sales through online marketplaces, with full control over inventory, fulfillment, and customer service.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2020 | Garments & Apparels | Pankaj Agrawal |
Know Before Investing
Fractal Industries IPO Strengths
- Mumbai facility produces 3 lakh garments monthly with warehouses across 5 states enabling rapid response to platform volume surges.
- Established partnerships with Myntra, Ajio, and Flipkart provide revenue visibility and platform-specific customization capabilities.
- Advanced inventory management, returns processing, data analytics, and anomaly detection optimize working capital and fulfillment efficiency.
- Quick design-to-delivery cycles align with e-commerce platforms’ trend-driven inventory turnover requirements.
- Strategically located warehouses minimize delivery times while handling high return ratios typical in online apparel.
- India’s online fashion penetration rising from 15% to projected 25%+ creates sustained partner demand growth.
Fractal Industries IPO Risks
- Heavy reliance on 2-3 major clients exposes revenue to algorithm changes, vendor consolidation, or payment delays.
- Fast-fashion cycles create markdown pressures on unsold seasonal stock tying up working capital.
- 30-40% online apparel returns demand robust reverse logistics and quality control investments.
- Cotton, synthetic fabric, and dyeing costs fluctuate with global commodity cycles impacting margins.
- Skilled garment workers and warehouse staff wage inflation erodes operating leverage during expansion.
- Regional players and larger organized suppliers pressure pricing power in platform vendor selection.
- Festival and promotional period dependency creates lumpy quarterly performance and cash flow volatility.
Swot Analysis for Fractal Industries IPO
Strengths
Integrated Supply Chain Model, E-Commerce Partnerships, Multi-Business Streams
Weaknesses
Customer Concentration, Working Capital Intensity, Revenue Volatility
Opportunities
Quick Commerce Expansion, Tier-2 Fulfilment, Fashion Tech Adoption
Threats
Platform Dependency, Labour/ Fabric Costs, Fashion Trend Risk
Company Details
Fractal Industries Ltd.
Gala 212, Bhullar Star Indl. Estate, Andheri Kurla Andheri East, Mumbai, Maharashtra, 400072
Phone: +91 22-2852 8352
Email: investors@fractalindustries.in
Website: https://fractalindustries.in/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: fractal.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Fractal Industries SME IPO are:
- Funding working capital requirements
- General corporate purposes
Finaax Capital Advisors Private Limited is the book-running lead managers for the Fractal Industries IPO.
Fractal Industries has strong growth potential driven by rising e commerce apparel demand growing above 20% annually. Its integrated manufacturing capacity of three lakh garments per month, multi state logistics network, and own brand initiatives position it to scale revenues and improve margins as fast fashion expands.
The issue price for the Fractal Industries IPO is set between ₹205 to ₹216 per share.
To invest in two lot of Fractal Industries IPO, you need ₹2,46,000 at the lower price band (₹205 per share) or ₹2,59,200 at the upper price band (₹216 per share) for a lot size of 1200 shares.
Fractal Industries IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on February 23, 2026.
Refund/unblocking of funds for Fractal Industries IPO will begin on February 20, 2026. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Fractal Industries IPO shares on listing day (February 23, 2026) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.