Defrail Technologies
BSE SME₹2,36,800 / Individual : 3200 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 13 Jan 2026, 05:57 PM |
| QIBs | 71.09 times |
| NII | 161.30 times |
| Total | 105.61 times |
Defrail Technologies IPO Details
The Defrail Technologies IPO price band is set between ₹70-74 per equity share, with a face value of ₹10 per share. The issue is managed by Maashitla Securities Pvt.Ltd., and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 9 Jan, 2026 and closes on 13 Jan, 2026. Investors can check the allotment status on 14 Jan, 2026, while the listing date is tentatively scheduled for 19 Jan, 2026.
The total issue size is 18,60,800 shares, aggregating up to ₹13.77 crore. Stay tuned for the latest Defrail Technologies IPO review and GMP updates.
Defrail Technologies IPO Review, Rating & Analysis
Defrail Technologies IPO Review
NeutralDefrail Technologies IPO Rating
Defrail Technologies IPO Highlights
IPO Date
Jan 9, 2026 - Jan 13, 2026
Listing Date
19 Jan, 2026
Face Value
₹10 Per Equity Share
Price Band
₹70-74 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Defrail Technologies IPO Lot Size
The minimum market lot for Defrail Technologies IPO is 3200 shares with an application amount of ₹2,36,800. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3200 | ₹2,36,800 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 3200 | ₹2,36,800 |
| S-HNI (Max) | 4 | 12800 | ₹9,47,200 |
| B-HNI (Min) | 5 | 16000 | ₹11,84,000 |
Defrail Technologies IPO Timeline
Issue Price
₹70-74 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Maashitla Securities Pvt.Ltd.Lead Manager
NEXGEN Financial Solutions Pvt. Ltd.Issue Size
18,60,800 shares(aggregating up to ₹13.77 crore)Defrail Technologies IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30-Sep-25 | 37.22 | 39.08 | 1.51 | 10.62 | 5.46 | 11.78 |
| 31-Mar-25 | 33.91 | 62.22 | 3.42 | 9.12 | 3.96 | 11.56 |
| 31-Mar-24 | 1.22 | 0.72 | 0.11 | 0.16 | 0.11 | 0.41 |
In Cr.
Defrail Technologies IPO Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor Shares Offered | 518400 | 27.86% |
| Market Maker Shares Offered | 94400 | 5.07% |
| QIB Shares Offered | 355200 | 19.09% |
| NII (HNI) Shares Offered | 268800 | 14.45% |
| bNII > ₹10L | 177600 | 9.39% |
| sNII < ₹10L | 91200 | 4.85% |
| Individual Shares Offered | 624000 | 33.53% |
| Total Shares Offered | 1860800 | 100% |
Defrail Technologies IPO Documents
Defrail Technologies IPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
73.72%ROCE
24.43%Debt Equity
1.27RoNW
73.72%PAT Margin
5.49%Price to Book Value
4.19Promoters & Share Holding
Promoter(s) Name
- Mr. Vivek Aggarwal
- Mr. Abhishek Aggarwal
- Ms. Ashi Aggarwal
- Mr. Dinesh Aggarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.52% |
About Company
Defrail Technologies Limited was founded in October 2023 and is involved in the production of rubber components and parts, such as molded rubber parts, rubber profiles and beadings, and rubber hoses and assemblies. Its products are used in a variety of industries, including the automotive, railroad, and defense sectors. The company provides customers with both standard products and solutions that are specifically designed to meet their operational needs. Defrail Technologies began in 1980 with the founding of Vikas Rubber Industries. In order to provide B2B clients with more capabilities, Impex Hitech Rubber was established in 2008. Through Business Transfer Agreements, both companies were combined into Defrail Technologies Limited on April 1, 2024. In addition to serving the B2G market by delivering goods straight to government agencies like Indian Railways, the company mainly uses a B2B model, fulfilling bulk orders to customers in the automotive industry.
Defrail Technologies IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,55,200 | 2,68,800
1,77,600
91,200
| 6,24,000 | 12,48,000 |
Day 109-01-26 05:00 PM | 0.00 x | 0.88
x
1.20 x
0.25 x
| 1.22 x | 0.80 x |
Day 212-01-26 05:00 PM | 0.00 x | 12.45
x
11.60 x
14.11 x
| 18.08 x | 11.72 x |
Day 313-01-26 05:00 PM | 71.09 x | 161.30
x
188.83 x
107.70 x
| 101.28 x | 105.61 x |
Retail:101.28x
BHNI:62x
SHNI:100.37x
Defrail Technologies IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Purchase of equipment/machineries | - |
| Purchase and installation of Solar Panel | - |
| General corporate purposes | - |
Company Contact Details
Defrail Technologies
Plot No. 180, Sector 24, Sector 22, Faridabad, Haryana, 121005Registrar Contact Details
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Frequently Asked Questions about Defrail Technologies IPO
When will Defrail Technologies IPO open for subscription?
The Defrail Technologies IPO opens on 9 Jan, 2026 and closes on 13 Jan, 2026.
What is the investors portion for Defrail Technologies IPO?
The investors' portion for QIB is 71.09 x, NII is 188.83 x, and Retail is 101.28 x.
How to apply for Defrail Technologies IPO?
You can apply for Defrail Technologies IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Defrail Technologies IPO?
The issue size of Defrail Technologies IPO is approx ₹18,60,800 shares(aggregating up to ₹13.77 crore) crores.
What is the price band of Defrail Technologies IPO?
The price band for Defrail Technologies IPO is ₹70 to ₹74 per equity share.
What is the lot size of Defrail Technologies IPO?
The minimum bid (lot size) for Defrail Technologies IPO is 1600 shares with an investment of approx ₹2,36,800 .
What is the allotment date of Defrail Technologies IPO?
The allotment date for Defrail Technologies IPO is 14 Jan, 2026.
What is the listing date of Defrail Technologies IPO?
The listing date for Defrail Technologies IPO is expected to be 19 Jan, 2026.
What is the GMP of Defrail Technologies IPO?
The latest Grey Market Premium (GMP) for Defrail Technologies IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.