
Business Services · BSE
Fractal Industries is a garment manufacturing and supply chain company that designs, sources, and manufactures apparel while also managing warehousing and logistics for leading e-commerce platforms such as Myntra, Ajio, and Flipkart. The company operates across India and focuses on producing fast-selling, high-quality clothing for online marketplaces, along with services like order and product management, inventory and return handling, logistics support, data analysis, multi-channel sales assistance, and order issue tracking. Its business includes selling garments in bulk to platforms, manufacturing products for marketplace-owned brands under the PPMP model, and selling directly to customers through its own brand “7ate9” launched in May 2025. Fractal Industries has a manufacturing unit in Mumbai with a monthly capacity of over 3,00,000 garments and operates warehouses across Gujarat, Maharashtra, Haryana, West Bengal, and Karnataka.
Price Band
₹205 – ₹216
Issue Size
₹226.86 L Cr
Lot Size
600 shares
GMP
+1.4%
Est. Listing
₹219
at current GMP
Subscribed
5.52x
overall
Open
16 Feb 2026
Close
18 Feb 2026
Allotment
20 Feb 2026
Refund
21 Feb 2026
Demat Credit
22 Feb 2026
Listing
24 Feb 2026
Last updated: 24 Feb 2026
Current Premium
Issue Price (Upper)
₹216
Band: ₹205 – ₹216
Estimated Listing Price
₹219
Upper price + GMP
Lot Size
600 shares
Min investment ₹1,29,600
Estimated Profit / Lot
₹1,800
600 × ₹3
Grey Market Premium trend
+₹3
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹3 | 1.4% | ₹219 |
| 26 Sep 2026 | +₹3 | 1.4% | ₹219 |
| 25 Sep 2026 | +₹3 | 1.3% | ₹219 |
GMP is unofficial market data. Not a guarantee of listing performance.
Fractal Industries Limited is bringing an initial public offering (IPO) in the Business Services sector with an aggregate issue size of ₹22,68,600 Crores. The shares are offered at a price band of ₹205 to ₹216 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,29,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-02-22, while un-allotted funds or UPI block mandates will be released on 2026-02-21.
The latest grey market premium for Fractal Industries Limited IPO is ₹3, which indicates an expected listing price of ₹219.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.