IPO Guru

IPO Listed — 24 Feb 2026

Listing Price: ₹229

vs Issue Price ₹216 +₹13 (+6.02%)

Fractal Industries SME IPO GMP History | Listing Price ₹229 & Kostak Rate

IPO
Final GMP
₹ 5
2%
Final Kostak
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0
Final Sub. to Sauda
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0

Fractal Industries SME IPO has been listed on February 24, 2026 at a listing price of ₹229, against the issue price of ₹216 — a gain of ₹13 (+6.02%). The GMP peaked at ₹6 on 19 February 2026 and reached a low of ₹0 on 23 February 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Fractal Industries SME IPO raised ₹49 Cr. Cr. through its IPO at a price band of ₹205 to ₹216 per share, with a lot size of 600 shares. The IPO was open for subscription from 16 Feb 2026 to 18 Feb 2026.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
24 Feb 2026 ₹ 5 2% ₹ 0 ₹ 0
23 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
22 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
21 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
20 Feb 2026 ₹ 0 -- ₹ 0 ₹ 2700
19 Feb 2026 ₹ 6 3% ₹ 0 ₹ 2700
18 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
17 Feb 2026 ₹ 2 1% ₹ 0 ₹ 0
16 Feb 2026 ₹ 6 3% ₹ 0 ₹ 0
14 Feb 2026 ₹ 6 3% ₹ 0 ₹ 2700
13 Feb 2026 ₹ 5 2% ₹ 0 ₹ 23000

Fractal Industries SME IPO Dates

Event Date
Open Date 16 Feb, 2026
Close Date 18 Feb, 2026
Allotment Date 20 Feb, 2026
Refund Date 20 Feb, 2026
Credit to Demat 20 Feb, 2026
Listing Date 24 Feb, 2026

Fractal Industries SME IPO Actual Listing Price

Basis Value
Issue Price ₹216
GMP-Based Estimate (Pre-Listing) ₹221 (+2.3%)
Actual Listing Price ₹229 (+6.02%)
Listing Gain / Loss +₹13 per share
Listing Date 24 Feb, 2026

Is Fractal Industries SME IPO GMP Reliable?

Grey market premium for Fractal Industries SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the Fractal Industries SME IPO full review for a fundamentals-based assessment before making any grey market trades.

Fractal Industries SME IPO IPO Kostak Rate Explained

The Kostak rate for Fractal Industries SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About Fractal Industries SME IPO

Fractal Industries is a growing manufacturing-focused company established with the aim of delivering specialised industrial solutions to a wide range of sectors. Since its inception, the company has steadily built its capabilities in designing and producing high-quality products tailored to client requirements. Backed by experienced promoters with industry knowledge, Fractal Industries has focused on innovation, operational efficiency, and maintaining consistent quality standards to strengthen its market position.

The company offers a diverse portfolio of products and services catering to industrial and commercial applications, with an emphasis on customised solutions. Its business model is primarily B2B, where it works closely with clients to understand specific needs and deliver value-driven offerings. Fractal Industries generates revenue through direct sales and long-term client relationships, with a growing presence across domestic markets and gradual expansion into new regions.

Frequently Asked Questions about Fractal Industries SME IPO

What is the GMP of Fractal Industries SME IPO?

The current Grey Market Premium (GMP) of Fractal Industries SME IPO is ₹ 5.

What is the Kostak Price of Fractal Industries SME IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Fractal Industries SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

What is the Subject to Sauda Price of Fractal Industries SME IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

What was the actual listing price of Fractal Industries SME IPO?

Fractal Industries SME IPO listed on February 24, 2026 at ₹229, against the issue price of ₹216 — a gain of +6.02%.

How did the GMP of Fractal Industries SME IPO trend before listing?

The GMP of Fractal Industries SME IPO was rising in its final days before listing. The GMP peaked at ₹6 on 19 February 2026. View the day-wise table above for the complete GMP history.

Explore Fractal Industries SME IPO Further

For a complete picture before making your investment decision, explore these resources:

Discussion 1

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Theipoguy Guest

Subscribed to Fractal Analytics IPO. The business looks promising and AI is the future. Hoping for steady gains in the long run.

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