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Open
16 Feb 2026
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Close
18 Feb 2026
3
Allotment
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Listing
Tue, Feb 24, 2026
Price Band
₹205 to ₹216
Issue Size
22,68,600 shares (agg. up to ₹49 Cr)
Lot Size
600 Shares
Listing Date
Tue, Feb 24, 2026
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.08x |
Restated Financials (₹ Cr.)
| 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 ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vashishtha Luxury Fashion Ltd. | SME | ₹8.87 Cr | ₹111 | 12.14 | ₹121.75 | +9.68% | ₹58.00 (+1.77%) |
| Kaytex Fabrics Ltd. | SME | ₹69.81 Cr | ₹180 | 12.25 | ₹150.60 | -16.33% | ₹58.95 (-0.42%) |
| N R Vandana Tex Industries Ltd. | SME | ₹27.89 Cr | ₹45 | 8.95 | ₹43.70 | -2.89% | ₹70.05 (-0.64%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 36.50 |
| 2 | General Corporate Purposes | 7.35 |
| 3 | Issue Expenses | 5.15 |
| Total | 49.00 |
About Fractal Industries IPO
Fractal Industries is a full-service garment manufacturing and supply chain company. The company designs, source, and manufacture garments, and provide end-to-end warehousing and logistics services to e-commerce platforms like Myntra, Ajio, and Flipkart. The company operate across India and focus on producing fast-moving, high-quality apparel for online marketplaces. It also offer support services such as Product & order management, Inventory and return handling, Integrated logistics, Data analytics, Multi-channel sales support, and Order anomaly detection. Business Models: Outright Sale of Garments The company manufactures garments and sell them in bulk to e-commerce platforms like Myntra or Flipkart. Once sold, the platform owns the products and handles sales to customers. The platform handles warehousing, order delivery, and returns. PPMP Model (Pure Play Marketplace) It design and manufacture garments under the marketplace’s brand name (e.g., Myntra’s in-house labels). The company handle everything — from forecasting and manufacturing to warehousing and delivery. Orders are shipped within 48 hours and follow the platform’s packaging and shipping guidelines. Direct Sale – Own Br
Contact Details
Fractal Industries Ltd. AddressGala 212, Bhullar Star Indl.EstateAndheri KurlaAndheri (East)Mumbai, Maharashtra, 400072+91 22-2852 8352investors@fractalindustries.inVisit Website