Mumbai, Feb. 24 -- The scrip listed at Rs 229, a 6.01% premium to the issue price. The stock was locked in a 5% lower circuit from the listing price. It touched a high of Rs 229 and a low of Rs 217.55, with around 9.99 lakh shares changing hands on the counter.

Fractal Industries' IPO was subscribed 5.13 times. The issue opened for bidding on 16 February 2026 and it closed on 18 February 2026. The price band of the IPO was fixed between Rs 205 to Rs 216 per share.

The IPO comprised a fresh issue of 22,68,600 equity shares. The promoter and promoter group shareholding diluted to 69.07% from 97.15% pre-issue.

The company intends to utilise the net proceeds for funding working capital requirements and general corporate purposes.

Ahead of...