FI

Fractal Industries

Book Building issueSMEBSE₹49 Cr issue
+6.02%
Listing gain over issue price
Issue size
₹49 Cr
1 lot at cut-off
₹1,29,600
Lot size
600shares
Open
16 Feb 2026
Close
18 Feb 2026
Allotment
20 Feb 2026
Listing
24 Feb 2026

Listing performance

Issue price
₹216
Listed at
₹229
Listing-day close
₹217.55
Latest price
₹215.95
Listing gain
+6.02%
Return since listing
-0.02%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    16 Feb 2026
  2. Close
    18 Feb 2026
  3. Allotment
    20 Feb 2026
  4. Refund
    23 Feb 2026
  5. Demat credit
    23 Feb 2026
  6. Listing
    24 Feb 2026

Grey market premium

Unofficial and indicative — not a forecast

₹8

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
24 Feb 2026₹8+3.70%₹3,600₹224₹4,800
23 Feb 2026₹8+3.70%₹3,600₹224₹4,800
22 Feb 2026₹5+2.31%₹2,300₹221₹3,000

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
16 Feb 2026 – 18 Feb 2026
Listing date
24 Feb 2026
Face value
₹10 per share
Issue price
₹216 per share
Lot size
600 shares
Issue type
Book Building issue
Listing at
BSE
Total issue size
₹49 Cr
Market cap at offer price
₹170 Cr
Promoter holding
97.15% → 69.07% pre-issue → post-issue
ISIN
INE1W3Q01011
Registrar
Kfin Technologies Ltd.
Lead managers
Finaax Capital Advisors Private Limited
Registered office
Gala 212, Bhullar Star Indl.Estate, Andheri Kurla, Andheri (East), Maharashtra

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB6,45,000
Market maker 1,14,000

Application size

Minimum 600 shares per lot, in multiples, at ₹216

ApplicationLotsSharesAmount
Retail (min)1600₹1,29,600
S-HNI (min)21,200₹2,59,200
S-HNI (max)74,200₹9,07,200
B-HNI (min)84,800₹10,36,800

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
6,45,000
Anchor portion
₹13.93 Cr
at ₹216 per share

Valuation and performance

Valuation at offer price

₹216 per share

MetricPre-issuePost-issue
EPS (₹)13.5117.28
P/E (×)15.9912.50
Price to book (×)7.57
Market cap₹170 Cr

Key performance indicators

Latest reported period

Return on net worth
48.02%
ROCE
25.07%
Debt / equity
1.76
PAT margin
8.82%
EBITDA margin
13.04%
NAV per share
₹28.54
Price to book
7.57

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.