Fractal Industries IPO
Fractal Industries IPO Details
-
Open Date
16 Feb 2026
-
Close Date
18 Feb 2026
-
Listing Date
23 Feb 2026
- IPO Price Range
₹ 205 to ₹216
- IPO Size
₹ 49.00 Cr
- Listing Exchange
BSE SME
Fractal Industries IPO Timeline
Fractal Industries IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 16-Feb-2026 | 4.85 | 0.70 | 0.22 | 1.65 |
| 17-Feb-2026 | 4.96 | 1.23 | 0.82 | 2.09 |
| 18-Feb-2026 | 5.95 | 7.91 | 4.09 | 5.44 |
Last Updated: 18 February 2026 5:59 PM by 5paisa
Fractal Industries is a full-service garment manufacturing and supply chain company operating across India. It designs, sources and manufactures fast-moving, high-quality apparel for e-commerce platforms such as Myntra, Ajio and Flipkart. The company provides end-to-end warehousing, logistics, inventory management and data support. Its business models include outright bulk sales, the PPMP marketplace model, and direct-to-consumer sales under its own brand, 7ate9. It operates a Mumbai manufacturing facility and multiple warehouses nationwide.
Established in: 2020
Managing Director: Mr. Pankaj Bishwanath Agrawal.
Peers:
Bang overseas Limited
Fractal Industries Objectives
1. The company will fund working capital (₹36.50 crore).
2. Remaining funds allocated for general corporate purposes.
Fractal Industries IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹49.00 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹49.00 Cr |
Fractal Industries IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | 2,46,000 |
| Retail (Max) | 2 | 1,200 | 2,59,200 |
| S-HNI (Min) | 3 | 1,800 | 3,69,000 |
| S-HNI (Max) | 7 | 4,200 | 9,07,200 |
| B-HNI (Min) | 8 | 4,800 | 9,84,000 |
Fractal Industries IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 5.95 | 4,30,800 | 25,62,000 | 55.34 |
| Non-Institutional Buyers | 7.91 | 3,24,000 | 25,64,400 | 55.39 |
| BNII | 9.45 | 2,16,000 | 20,40,600 | 44.08 |
| SNII | 4.85 | 1,08,000 | 5,23,800 | 11.31 |
| Individual Investors (IND category bidding for 2 Lots) | 4.09 | 7,54,800 | 30,87,600 | 66.69 |
| Total** | 5.44 | 15,09,600 | 82,14,000 | 177.42 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 88.91 | 49.94 | 85.45 |
| EBITDA | 4.13 | 4.05 | 11.15 |
| PAT | 2.66 | 2.27 | 7.54 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 41.21 | 42.27 | 51.42 |
| Share Capital | 0.50 | 0.50 | 0.50 |
| Total Liabilities | 41.21 | 42.27 | 51.42 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 8.01 | -10.01 | -3.52 |
| Net Cash Generated From / (used in) Investing Activities | -2.88 | -4.86 | -0.43 |
| Net Cash Generated From / (used in) Financing Activities | 2.93 | 6.86 | 3.93 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 8.06 | -8.01 | -0.02 |
Strengths
1. Strong partnerships with leading fashion retailers.
2. Robust manufacturing capacity with scalable logistics.
3. Proprietary brands diversifying overall revenue streams.
4. Two decades’ experience with strict quality standards.
Weaknesses
1. High revenue dependence on key clients.
2. Significant working capital tied to cycles.
3. Limited presence in Tier-2 and Tier-3 cities.
4. Concentration risk from major marketplace platforms.
Opportunities
1. Growing fast fashion demand among Gen Z.
2. Rising preference for sustainable apparel brands.
3. Government incentives under PLI and Make in India.
4. Expansion of 7ate9 for higher margins.
Threats
1. Intense competition from domestic and global players.
2. Raw material price volatility affecting margins.
3. Rapidly changing fashion trends increasing inventory risk.
4. Regulatory and compliance risks in exports.
1. Strategic partnerships with major e-commerce marketplaces.
2. Scalable manufacturing with significant production capacity.
3. Growth potential from own brand 7ate9 expansion.
4. Positioned to benefit from rising online retail.
Fractal Industries operates in India’s booming apparel and e-commerce ecosystem, supplying leading online platforms with fast-moving, high-quality garments. With strong brand partnerships, scalable manufacturing and expanding logistics capabilities, it is well-positioned for growth. Rising demand for fashion, sustainable apparel and digital retail penetration offer significant opportunities. Proprietary brands like 7ate9 enhance future margins, while government initiatives support textile industry expansion and domestic manufacturing competitiveness.
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FAQs
Fractal Industries IPO opens from February 16, 2026 to February 18, 2026.
The size of Fractal Industries IPO is ₹49.00 Cr.
The price band of Fractal Industries IPO is fixed at ₹205 to ₹216 per share.
To apply for Fractal Industries IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Fractal Industries. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Fractal Industries IPO is of 1,200 shares and the investment required is ₹2,46,000.
The share allotment date of Fractal Industries IPO is February 19,2026
The Fractal Industries IPO will likely be listed on February 23, 2026.
Finaax Capital Advisors Private Limited is the book running lead managers for Fractal Industries IPO
Fractal Industries IPO plans to utilise the raised capital from the IPO for:
1. The company will fund working capital (₹36.50 crore).
2. Remaining funds allocated for general corporate purposes.