New Delhi, 24 February (H.S.): Fractal Industries Limited's shares debuted on BSE SME at a 6.02% premium (₹229 vs ₹216 IPO price) Tuesday, delighting allottees before sell-off frenzy slammed it to lower circuit at ₹217.55—still netting 0.72% gains.

The ₹49 crore fresh issue (22.69 lakh shares @ ₹10 FV) ran February 16-18, subscribed 5.44x overall: QIBs 5.95x, NIIs 7.91x, retail 4.09x. Funds earmarked for working capital/general corporate needs. Listing March 4 tentative? No, today BSE SME.

FY24 PAT ₹2.27 Cr (revenue ₹50.01 Cr), FY25 ₹7.54 Cr (₹85.51 Cr), H1 FY26 ₹6.78 Cr (₹47.33 Cr). Debt climbed FY25 ₹27.61 Cr from FY24 ₹21.88 Cr; reserves surged FY25 ₹15.20 Cr, H1 FY26 ₹18.01 Cr. EBITDA FY24 ₹4.05 Cr → FY25 ₹11.15 Cr; H1 FY26 ₹9.29 Cr.

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Hindusthan Samachar / Jun Sarkar