Fractal Industries SME IPO Subscription Status
Fractal Industries SME IPO closed on 18 February 2026 with an overall subscription of 5.52x based on shares applied. QIB demand came in at 5.95x, NII at 8.27x, and retail at 4.09x.
Allotment will be finalised on 19 February 2026. The stock is scheduled to list on NSE and BSE on 23 February 2026.
Issue Price
Rs 216.00
GMP Today
Rs 8.00 (+3.70%)
Overall Subscription
5.52x
Issue Size
₹46.54 Cr
Allotment Date
19 Feb 2026
Listing Date
23 Feb 2026
Fractal Industries SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 216.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 9.31 Cr | Rs 55.34 Cr | 5.95x |
| FII | - | Rs 12.52 Cr | - |
| DFI | - | Rs 8.01 Cr | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 34.81 Cr | - |
| NII | Rs 7.00 Cr | Rs 57.85 Cr | 8.27x |
| bNII (above Rs 10L) | Rs 4.67 Cr | Rs 46.54 Cr | 9.98x |
| Corporate | - | Rs 2.67 Cr | - |
| Individual | - | Rs 42.26 Cr | - |
| Other | - | Rs 1.61 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.33 Cr | Rs 11.31 Cr | 4.85x |
| Corporate | - | Rs 19.44 L | - |
| Individual | - | Rs 10.58 Cr | - |
| Other | - | Rs 54.43 L | - |
| IND | Rs 16.30 Cr | Rs 66.69 Cr | 4.09x |
| Fixed price | - | Rs 66.69 Cr | - |
| Total | Rs 32.61 Cr | Rs 179.88 Cr | 5.52x |
Fractal Industries SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 718 | 8 | 0.01x |
| FII | - | 3 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 4 | - |
| NII | 180 | 689 | 3.83x |
| bNII (above Rs 10L) | 120 | 416 | 3.47x |
| Corporate | - | 3 | - |
| Individual | - | 399 | - |
| Other | - | 14 | - |
| sNII (Rs 2L to Rs 10L) | 60 | 273 | 4.55x |
| Corporate | - | 5 | - |
| Individual | - | 254 | - |
| Other | - | 14 | - |
| IND | 629 | 2,573 | 4.09x |
| Fixed price | - | 2,573 | - |
| Total | 1,527 | 3,270 | 2.14x |
What Do These Subscription Numbers Mean?
A subscription of 5.52x by shares means the IPO received bids for 6 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 5.95x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 5.95x, it reflects serious institutional conviction.
NII at 3.83x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 3.47x and sNII at 4.55x by applications. Share subscription was 8.27x. Allotment uses application count, not share volume.
At 4.09x subscription by applications, approximately 1 in 4 retail applicants can expect an allotment (~24% per application). Retail allotment is done by lottery when oversubscribed.
Fractal Industries SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 4.09x.
- •Allotment odds: about 1 in 4 (~24% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 4.55x.
- •Allotment odds: about 1 in 5 for a minimum-lot application (~22% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 3.47x.
- •Allotment odds: about 1 in 3 for a minimum-lot application (~29% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 9.98x. Allotment uses application count, not share volume.
Check the Fractal Industries SME IPO Allotment Status page from 19 February 2026 for your allotment result.
Fractal Industries SME IPO GMP After Subscription
GMP for Fractal Industries SME stands at Rs 8.00 today, giving an estimated listing price of Rs 224.00 per share.
A subscription of 5.52x combined with a GMP of 3.70% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Fractal Industries SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Fractal Industries SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 16 Feb 2026 | 4.85x | 0.70x | 0.22x | 1.65x |
| Day 2 - 17 Feb 2026 | 4.96x | 1.23x | 0.82x | 2.09x |
| Day 3 - 18 Feb 2026 | 5.95x | 7.91x | 4.09x | 5.44x |
Fractal Industries SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 16 February 2026 |
| IPO Close Date | 18 February 2026 |
| Allotment Date | 19 February 2026 |
| Refund Initiation | 20 February 2026 |
| Share Credit to Demat | 20 February 2026 |
| Listing Date | 23 February 2026 |
| Minimum Investment | Rs 2,59,200.00 |
| Lot Size | 600 shares |
About Fractal Industries SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Fractal Industries SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Fractal Industries SME IPO Allotment Status
Check allotment result on allotment date
Fractal Industries SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Fractal Industries SME IPO Subscription FAQs
What is Fractal Industries SME IPO subscription status today?
Fractal Industries SME IPO subscription closed on 18 February 2026 with overall subscription of 5.52x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 5.95x, NII 3.83x, IND 4.09x.
What is the overall subscription of Fractal Industries SME IPO?
Fractal Industries SME IPO is subscribed 5.52x overall by shares at close on 18 February 2026. QIB 5.95x, NII 3.83x, and IND 4.09x.
What is Fractal Industries SME IPO QIB subscription?
Fractal Industries SME IPO QIB (Qualified Institutional Buyers) subscription is 5.95x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Fractal Industries SME IPO IND subscription?
Fractal Industries SME IPO IND subscription is 4.09x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Fractal Industries SME IPO NII subscription?
Fractal Industries SME IPO NII (Non-Institutional Investors) subscription is 3.83x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Fractal Industries SME IPO for retail?
At 4.09x subscription by applications, approximately 1 in 4 retail applicants can expect an allotment (~24% per application). Allotment is done by lottery.
When is Fractal Industries SME IPO allotment date?
Fractal Industries SME IPO allotment date is 19 February 2026. Check Fractal Industries SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Fractal Industries SME IPO subscription close?
Fractal Industries SME IPO subscription closed on 18 February 2026. No new applications are accepted after the close.
What is Fractal Industries SME IPO GMP today?
Fractal Industries SME IPO GMP is ₹8 today (+3.70% over issue price ₹216). See live GMP on the Fractal Industries SME IPO GMP Today page.
What is Fractal Industries SME IPO issue price and lot size?
Fractal Industries SME IPO issue price is ₹216 per share. Lot size is 600 shares. Minimum investment is ₹2,59,200 per lot (minimum 2 lots for SME). Issue size: ₹46.54 Cr.
When is Fractal Industries SME IPO listing date?
Fractal Industries SME IPO listing date is 23 February 2026 on NSE and BSE. Allotment is on 19 February 2026.
How does subscription affect Fractal Industries SME IPO allotment?
Allotment odds in Fractal Industries SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 3.83x by applications means roughly 1 in 4 for minimum-lot bids; bNII at 3.47x (~1 in 3). At 5.52x overall, competition is moderate.
For allotment results from 19 February 2026, visit the Fractal Industries SME IPO Allotment Status page. For listing day updates on 23 February 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.