Fractal Industries IPO Subscribed 2.09x on Day 2
By HDFC SKY | Published at: Feb 18, 2026 10:46 AM IST
The ₹49.00 crore Fractal Industries’ IPO achieved a subscription of 2.09 times on the second day of bidding
The IPO, which is a book-built issue, comprises a fresh issue of 22,68,600 equity shares at a price band of ₹205 to ₹216 per share.
The IPO opened for subscription on 16 February 2026 and closes today, 18 February 2026. The shares are proposed to be listed on BSE SME, with a tentative listing date of 23 February 2026.
Category-wise IPO Subscription Status Day 2
- QIB (Ex-Anchor): 4.96x
- NII (HNI): 1.23x
- bNII (> ₹10 lakh): 1.23x
- sNII (< ₹10 lakh): 1.24x
- Retail Individual Investors: 0.82x
- Anchor Investors: 1.00x
- Market Maker: 1.00x
- Total Subscription: 2.09x
A total of 31,54,200 shares were bid for against 15,09,600 shares on offer (excluding anchor and market maker portions) by February 17, 2026 6:54:06 PM (Day 2).
Day-Wise Subscription Details (times)
| Date | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
| 16 Feb 2026 (Day 1) | 4.85 | 0.70 | 0.81 | 0.50 | 0.22 | 1.65 |
| 17 Feb 2026 (Day 2) | 4.96 | 1.23 | 1.23 | 1.24 | 0.82 | 2.09 |
Brief Overview of the Fractal Industries IPO
Fractal Industries IPO comprises 22,68,600 equity shares aggregating ₹49.00 crore. The price band is set at ₹205 to ₹216 per share. The lot size is 600 shares, and the minimum application for retail investors is 1,200 shares.
The allotment is expected to be finalised on 19 February 2026, and listing is scheduled on BSE SME on 23 February 2026.
Fractal Industries is a full-service garment manufacturing and supply chain company. The company designs, sources, and manufactures garments, and provides end-to-end warehousing and logistics services to e-commerce platforms like Myntra, Ajio, and Flipkart. The company operates across India and focuses on producing fast-moving, high-quality apparel for online marketplaces.
Company Financials (Restated Consolidated)
For the period ended 30 September 2025, the company reported total income of ₹47.33 crore and profit after tax of ₹6.78 crore. Assets stood at ₹62.03 crore, while net worth was ₹23.59 crore.
For the financial year ended 31 March 2025, total income was ₹85.51 crore, up from ₹50.01 crore in FY24 but slightly lower than ₹88.91 crore in FY23. Profit after tax was ₹7.54 crore, a significant increase from ₹2.27 crore in FY24 and ₹2.66 crore in FY23. Assets stood at ₹51.42 crore and net worth at ₹15.70 crore.
Source: https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=4453&type=IPO&idtype=1&status=L&IPONo=7595&startdt=16/Feb/2026
Disclaimer
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
