Defrail Technologies IPO is a book build issue of 18,60,800 shares [₹13.77 crore]. The issue is a combination of a fresh issue of 18,60,800 shares [₹13.77 crore].
The Defrail Technologies IPO will open on January 09, 2026, and close on January 13, 2026. The price band for the IPO is fixed at ₹70 to ₹74 per share. The minimum application size is 2 lot [3,200 shares], requiring a retail investor to invest at least ₹2,36,800 [based on the upper price band].
Defrail Technologies IPO Details
| Open Date | January 09, 2026 |
| Close Date | January 13, 2026 |
| Issue Type | Book Building Issue |
| Face Value | ₹10 Equity Share |
| Price Band | ₹70 – ₹74 Per Share |
| Listing On | BSE, SME |
| Issue Size | ₹13.77 Cr. [18,60,800 Shares] |
| Fresh Issue | ₹13.77 Cr. [18,60,800 Shares] |
| Offer For Sale | Not Applicable |
| Prospectus | DRHP | RHP | Anchor Investors |
Defrail Technologies IPO Anchor Investors Details
| Anchor Bid Date | January 08, 2026 |
| Anchor Portion Size | ₹3.84 Cr. |
| Share Offered | 5,18,400 Sharea |
| Anchor lock-in period end date for 50% shares [30 Days] | February 13, 2026 |
| Anchor lock-in period end date for remaining shares [90 Days] | April 14, 2026 |
Defrail Technologies IPO Reservation
A total of 18,60,800 shares are on offer in the Defrail Technologies IPO, of which 8,73,600 shares have been allotted to QIBs, 2,68,800 shares to NIIs, and 6,24,000 shares to RIIs.
| Category | Reservation | Shares Offered |
|---|---|---|
| QIBs | 46.95% | 8,73,600 |
| NIIs | 14.45% | 2,68,800 |
| RIIs | 33.53% | 6,24,000 |
| Market Maker | 5.07% | 94,400 |
| Total | 100.00% | 18,60,800 |
Defrail Technologies IPO Market Lot
Retail investors can apply for the Defrail Technologies IPO with a minimum & maximum of 2 lot of 3,200 shares for an application amount of ₹2,36,800.
| Application | Lot | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,36,000 |
| Retail Maximum | 2 | 3,200 | ₹2,36,000 |
| S-HNI Minimum | 3 | 4,800 | ₹3,55,200 |
| S-HNI Maximum | 8 | 12,800 | ₹9,47,200 |
| B- HNI Minimum | 9 | 14,400 | ₹10,65,600 |
Key Performance Indicator
| KPI [March 31, 2026] | Value |
| Market Capitalisation | ₹51.98 Crore |
| P/E Ratio | 11.18x |
| EPS | ₹6.62 |
| ROE | 73.72% |
| ROCE | 24.43% |
| RoNW | 73.72% |
| Dept/Equity | 1.27 |
| EBITDA Margin | 9.29% |
| PAT Margin | 5.49% |
| Net Assets Value | ₹20.36 |
| Price To Book Value | ₹4.19 |
Defrail Technologies IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| Pentagon Rubber Limited | 86.59x | ₹0.82 | 1.95% | ₹4.22 |
| Grp Limited | 265.72x | ₹6.36 | 1.73% | ₹36.14 |
Defrail Technologies IPO Dates
Defrail Technologies IPO open for subscription January 09, 2026, and close date on January 13, 2025. The allotment will be finalized on January 14, 2026, and the IPO listing on January 16, 2026.
| Open Date | January 09, 2026 |
| Close Date | January 13, 2026 |
| Allotment Date | January 14, 2026 |
| Refund Date | January 15, 2026 |
| Share Credit Date | January 15, 2026 |
| Listing Date | January 16, 2026 |
Defrail Technologies Limited Company Financial Report
Defrail Technologies Limited income grew by —% and profit after tax grew by —% between the financial years ending September 30, 2025 and March 31, 2024.
| Period Ended | Total Assets | Total Income | Total Expenses | Net Worth | Profit After Tax | EBITDA | Reserves And Surplus | Total Borrow |
|---|---|---|---|---|---|---|---|---|
| September 2025 | ₹37.22 Cr. | ₹39.08 Cr. | ₹36.48 Cr. | ₹10.62 Cr. | ₹1.51 Cr. | ₹3.44 Cr. | ₹5.46 Cr. | ₹11.78 Cr. |
| March 2025 | ₹33.91 Cr. | ₹62.22 Cr. | ₹58.24 Cr. | ₹9.12 Cr. | ₹3.42 Cr. | ₹5.78 Cr. | ₹3.96 Cr. | ₹11.56 Cr. |
| March 2024 | ₹1.22 Cr. | ₹0.72 Cr. | ₹0.47 Cr. | ₹0.16 Cr. | ₹0.11 Cr. | ₹0.14 Cr. | ₹0.11 Cr. | ₹0.41 Cr. |
Company Promoters
| Holding Pre Issue | 100.00% | 51,63,620 Shares |
| Holding Post Issue | 73.52% | 70,24,420 Shares |
Defrail Technologies IPO Lead Managers
- Mr. Vivek Aggarwal
- Mr. Abhishek Aggarwal
- Ms. Ashi Aggarwal
- Mr. Dinesh Aggarwal
Defrail Technologies IPO Registrar
Maashitla Securities Private Limited
Address: 451, Krishna Apra Business Square, Netaji Subhash Place, Delhi – 110034, India
Telephone: 011-47581432
Email: investor.ipo@maashitla.com
Website: https://www.maashitla.com/
Note: Check Defrail Technologies IPO Allotment Status Visit IPO Investors Allotment Page And Search Your Registrar IPO Allotment Status Link. Click Here…
About Defrail Technologies Limited
Defrail Technologies Limited was incorporated in October 2023 with a clear focus on manufacturing high-quality rubber parts and components. The company is engaged in producing a wide range of rubber-based products such as rubber hoses and assemblies, rubber profiles and beadings, and moulded rubber parts. Its product portfolio is designed to serve multiple industrial applications, including automotive, railways, and defence sectors, where performance, durability, and compliance with standards are critical.
Although Defrail Technologies Limited is a relatively new corporate entity, its business roots date back over four decades. The journey began in 1980 with the establishment of Vikas Rubber Industries, which laid the foundation in rubber manufacturing. To further expand capabilities and serve B2B customers more effectively, Impex Hitech Rubber was formed in 2008. On April 1, 2024, both these established businesses were consolidated into Defrail Technologies Limited through Business Transfer Agreements, bringing decades of operational experience under a single corporate structure.
The company primarily operates on a B2B business model, supplying rubber components in bulk to clients in the automotive industry. In addition to this, Defrail Technologies also serves the B2G segment by supplying products directly to government bodies such as Indian Railways and defence authorities. This diversified client base helps the company maintain stability while reducing dependence on a single sector.
Defrail Technologies Limited operates two well-established manufacturing units located in Faridabad, Haryana. The first facility is situated at Neemka, Tigaon Road, Sector 71, spread across 2,420 square yards, while the second unit is located in Sector 24, Faridabad, covering an area of 4,833.33 square yards. These strategically located plants provide logistical advantages and support efficient production and timely deliveries.
The manufacturing facilities are equipped with modern machinery and infrastructure that enable the production of a diverse range of rubber products. The company manufactures diesel and petroleum hose pipes, LPG hose pipes, nylon tubes, gaskets, grommets, air intake hoses, EPDM profiles, sponge rubber products, and aluminium window rubber beadings. Its ability to offer both standard and customized solutions allows Defrail Technologies to meet specific client requirements across different industries.
Defrail Technologies Limited places strong emphasis on quality and compliance. The company is ISO 9001:2015 certified, reflecting its commitment to maintaining robust quality management systems. Additionally, it is registered as a seller on the Government e-Marketplace (GeM), which enables the company to participate in government tenders and vendor contracts, further strengthening its presence in the public sector supply chain.
Objects Of The Issue
- Purchase of equipment/machineries (₹7.96 Crore)
- Purchase and installation of Solar Panel (₹1.73 Crore)
- General Corporate Purposes
Company Address
Defrail Technologies Limited
Address: Plot no 180, Sector 24,
Sector 22, Faridabad, Haryana, 121005
Telephone: 0129 – 487 8760
Email: cs@defrailtech.com
Website: https://www.defrailtech.in/
Defrail Technologies IPO FAQs
What is Defrail Technologies IPO?
Defrail Technologies IPO is a SME IPO of 18,60,800 equity shares of the face value of ₹10 aggregating up to ₹13.77 Crores. The IPO issue priced at ₹70 to ₹74 per share.
What are the open and close dates of the Defrail Technologies IPO?
The IPO will open on January 09, 2026 and will close on January 13, 2026.
What is the price band for Defrail Technologies IPO?
The price band for the IPO is fixed at ₹70 to ₹74 per share.
What is the issue size of the Defrail Technologies IPO?
The total issue size of the IPO is ₹13.77 Cr., comprising both fresh issue and offer for sale (if applicable).
What is Defrail Technologies IPO Minimum and Maximum Lot Size?
The minimum bid is 2 Lot, 3,200 Shares with ₹2,36,800 amount while the maximum bid is 2 Lot, 3,200 shares with ₹2,36,800 for the IPO.
What is Defrail Technologies IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35% for the IPO.
When will the basis of allotment for the Defrail Technologies IPO be finalized?
The the IPO allotment is expected to be finalized on January 14, 2026.
When will the shares of Defrail Technologies IPO get listed?
The IPO shares are expected to be listed on the BSE and SME on January 16, 2026.
Is the Defrail Technologies IPO a good investment?
Investment decisions depend on an individual’s financial goals and risk profile. It is advised to consult with a SEBI-registered financial advisor before making any investment decision.
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This content has been researched and written by the IPO Investors Team…
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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