Fractal Industries IPO
Bookbuilding IPO | ₹49.00 Cr | Listing at BSE SME
Closed
IPO Open
Mon, Feb 16, 2026
IPO Close
Wed, Feb 18, 2026
Price Band
₹205.00 to ₹216.00
Market Cap (Pre-IPO)
₹169.54 Cr
IPO Details
| IPO Date | Feb 16, 2026 to Feb 18, 2026 |
| Listing Date | Tentative: Feb 23, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹205.00 to ₹216.00 |
| Lot Size | 600 Shares (Minimum: ₹129,600.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Issue Size | ₹49.00 Crores |
| Total Shares Offered | 2,268,600 shares |
| Offer For Sale | 2,268,600 shares |
Fractal Industries IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 10,75,800 (47.42%) |
| Retail Shares Offered | 7,54,800 (33.27%) |
| NII Shares Offered | 3,24,000 (14.28%) |
Fractal Industries IPO Lot Size
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹259,200 |
| Retail (Max) | 2 | 1,200 | ₹259,200 |
| S-HNI (Min) | 3 | 1,800 | ₹388,800 |
| S-HNI (Max) | 7 | 4,200 | ₹907,200 |
| B-HNI (Min) | 8 | 4,800 | ₹1,036,800 |
Fractal Industries Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 62.03 | 51.42 | 42.27 | 41.21 |
| Total Income | 47.33 | 85.51 | 50.01 | 88.91 |
| Profit After Tax | 6.78 | 7.54 | 2.27 | 2.66 |
| EBITDA | 9.29 | 11.15 | 4.05 | 4.13 |
| NET Worth | 23.59 | 15.70 | 8.16 | 5.89 |
| Reserves and Surplus | 18.01 | 15.20 | 7.66 | 5.39 |
| Total Borrowing | 24.63 | 27.61 | 21.88 | 14.05 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 63.20% |
| ROCE (Return on Capital Employed) | 25.07% |
| Debt/Equity | 1.76 |
| RoNW (Return on Net Worth) | 48.02% |
| PAT Margin (Profit After Tax Margin) | 8.82% |
| EBITDA Margin | 13.04% |
| Price to Book Value | 7.57 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 13.51 | 17.28 |
| P/E (x) | 15.99 | 12.50 |
| Promoter Holding | 97.15% | - |
Company Promoters
- Mr. Pankaj Bishwanath Agrawal and Mrs. Priti Pankaj Agrawal are the company promoters.
Company Overview
Fractal Industries – Company Overview
- Business Overview: Fractal Industries is a full-service garment manufacturing and supply chain company specializing in designing, sourcing, manufacturing, warehousing, and logistics for e-commerce platforms such as Myntra, Ajio, and Flipkart.
- Core Expertise: The company focuses on fast-moving, high-quality apparel production tailored for online marketplaces across India, ensuring efficient delivery and inventory management.
- End-to-End Services:
- Product & Order Management
- Inventory Management and Return Handling
- Integrated Logistics & Warehousing
- Data Analytics & Sales Insights
- Multi-Channel Sales Support
- Order Anomaly Detection & Monitoring
Company Strengths
- Experienced Promoters and Senior Management Team
- Technologically Advanced and Integrated Warehouse Management System (WMS)
- Expertise in Apparel Reverse Logistics (Returns Management)
- Quality Control and Inspection
Use of Proceeds
| 1) | Funding working capital requirements | 36.50 |
| 2) | General corporate purposes | |
| Total | 36.50 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Fractal Industries IPO Peer Comparison
Fractal Industries peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Fractal Industries Ltd. | 13.70 | 13.70 | 28.54 | - | 48.02 | - | Standalone |
| Bang Overseas Ltd. | -1.60 | -1.60 | 64.23 | - | -2.54 | 0.72 | Consolidated |
Quick Info
| Sector | Textiles - Readymade Apparels |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹169.54 Cr |
Important Dates
| IPO Open | Feb 16, 2026 |
| IPO Close | Feb 18, 2026 |
| Allotment Date | Feb 19, 2026 |
| Credit to Demat | Feb 20, 2026 |
| Listing Date | Tentative: Feb 23, 2026 |
Lead Manager(s)
Finaax Capital Advisors Private Limited
Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
Description
- IPO Type & Size: Fractal Industries IPO is a book-build issue worth ₹49.00 crores, consisting entirely of a fresh issue of 0.23 crore shares.
- IPO Dates & Listing: The IPO opens on Feb 16, 2026 and closes on Feb 18, 2026. Allotment is expected on Feb 19, 2026, and the shares are likely to be listed on BSE SME on Feb 23, 2026.
- Price Band & Lot Size: The IPO price band is ₹205 to ₹216 per share, with a lot size of 600 shares for investors.
- Retail Investment Details: Retail investors need a minimum investment of ₹2,59,200 for 1,200 shares (based on the upper price band).
- HNI Investment Requirement: The minimum HNI application is 3 lots (1,800 shares), requiring an investment of approximately ₹3,88,800.