Fractal Industries Ipo
Fractal Industries IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
Finaax Capital Advisors Private Limited
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 1,200 | ₹2,59,200 |
| Retail Maximum | 2 | 1,200 | ₹2,59,200 |
| S-HNI Minimum | 3 | 1,800 | ₹3,88,800 |
| S-HNI Maximum | 7 | 4,200 | ₹9,07,200 |
| B-HNI Minimum | 8 | 4,800 | ₹10,36,800 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 6,45,000 Shares | 28.43% |
| QIB (Ex. Anchor) | 4,30,800 Shares | 18.99% |
| NII Shares Offered | 3,24,000 Shares | 14.28% |
| Retail Shares Offered | 7,54,800 Shares | 33.27% |
| Anchor Bidding Date | February 13, 2026 |
| Anchor Investors List | |
| Shares Offered | 6,45,000 Shares |
| Anchor Size | 13.93 Cr. |
| lock-in period end date 50% shares (30 Days) | March 21, 2026 |
| lock-in period end date 50% shares (90 Days) | May 20, 2026 |
| IPO Open Date: | February 16, 2026 |
| IPO Close Date: | February 18, 2026 |
| Basis of Allotment: | February 20, 2026 |
| Refunds: | February 23, 2026 |
| Credit to Demat Account: | February 23, 2026 |
| IPO Listing Date: | February 24, 2026 |
| IPO Bidding Cut-off Time: | February 18, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 55,80,267 | 97.15% |
| Promoter Holding Post Issue | 78,48,867 | -% |
| Purpose | Crores |
| Funding working capital requirements | ₹36.50 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹88.91 | ₹85.70 | ₹2.66 | ₹41.21 |
| 2024 | ₹50.01 | ₹47.27 | ₹2.27 | ₹42.27 |
| 2025 | ₹85.51 | ₹76.41 | ₹7.54 | ₹51.42 |
| Sep 2025 | ₹47.33 | ₹39.20 | ₹6.78 | ₹62.03 |
| KPI | Values |
| ROE: | 63.20% |
| ROCE: | 25.07% |
| EBITDA Margin: | 13.04% |
| PAT Margin: | 8.82% |
| Debt to equity ratio: | 1.76 |
| Earning Per Share (EPS): | ₹13.70 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 48.02% |
| Net Asset Value (NAV): | ₹28.54 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bang overseas Limited | (1.60) | – | (2.54%) | 64.23 | 191.00 Cr. |
| IPO Open Date | February 16, 2026 |
| IPO Close Date | February 18, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹205 to ₹216 Per Share |
| Issue Size | Approx ₹49 Crores |
| Fresh Issue | Approx ₹49 Crores |
| Issue Type | Book build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |