Fractal Industries Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,075,800 (47%) | — | ₹2,324 Cr |
| NII (HNI) | — | 324,000 (14%) | — | ₹700 Cr |
| Retail | — | 754,800 (33%) | — | ₹1,630 Cr |
| Market Maker | — | 114,000 (5%) | — | ₹25 Cr |
| Σ Total | — | 2,268,600 (100%) | — | ₹49,002 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹129,600 |
| Retail (Max) | 13 | 7,800 | ₹1,684,800 |
| S-HNI (Min) | 14 | 8,400 | ₹1,814,400 |
| B-HNI (Min) | 67 | 40,200 | ₹8,683,200 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 47 | 86 | 50 |
| EBITDA | 9 | 11 | 4 |
| Profit After Tax | 7 | 8 | 2 |
| Net Worth | 24 | 16 | 8 |
| Total Assets | 62 | 51 | 42 |
| Reserves & Surplus | 18 | 15 | 8 |
| Total Borrowing | 25 | 28 | 22 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding working capital requirements – 36.50
- General corporate purposes –
Company Overview
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 Brand Manufacturing
The company have launched its own apparel brand “7ate9”(from May 26, 2025). Under this model, it will sell directly to customers through e-commerce platforms, manage own inventory, and handle all aspects of order fulfillment and customer service.
It has a manufacturing facility in Mumbai with a monthly production capacity of over 3,00,000 garments and also has warehouses in Gujarat, Maharashtra, Haryana, West Bengal, and Karnataka.
Competitive Strengths:
- Experienced Promoters and Senior Management Team
- Technologically Advanced and Integrated Warehouse Management System (WMS)
- Expertise in Apparel Reverse Logistics (Returns Management)
- Quality Control and Inspection