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Defrail Technologies Limited IPO
Defrail Technologies Limited IPO

Defrail Technologies Limited IPO

Defrail Technologies Limited is engaged in the manufacturing of rubber parts and components, including rubber hoses and assemblies, rubber profiles and beadings, and rubber moulded parts. The company’s products are used across diverse industries such as automotive, railways and defence. Defrail Technologies assists customers in selecting suitable products for specific applications and also offers design support and customization as per end-use requirements. The company operates two manufacturing facilities located in Faridabad, Haryana, providing it with in-house manufacturing capabilities to cater to varied industrial needs.

Price Band

₹70 - ₹74

Dates

09 Jan - 13 Jan

GMP

₹10 (13.51%)

Subscriptions

98.19 times

Issue Size

₹13.77 Crs

Defrail Technologies IPO Key Dates

Opening Date

09 Jan 26

Closing Date

13 Jan 26

Basis Of Allotment

14 Jan 26

Initiations Of Refund

15 Jan 26

Credit Of Shares

15 Jan 26

Listing Date

19 Jan 26

Defrail Technologies IPO Objects

  1. Capital Expenditure- Purchase of Equipment/Machineries
  2. Capital Expenditure- Purchase & installation of Solar Panel at the Manufacturing Plant
  3. General Corporate Purposes

Defrail Technologies IPO Details

Price Band

₹70 - ₹74

Listing At

BSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹13.77 Cr (0.19 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹13.77 Cr (0.19 Cr Shares)

Face Value

₹10 per equity share

Defrail Technologies IPO Lot Information

Investor Category Lot Shares Amount
Individual Investor
Minimum 2 3,200 2,36,800
Maximum 2 3,200 2,36,800
Small HNI
Minimum 3 4,800 3,55,200
Maximum 8 12,800 9,47,200
Big HNI
Minimum 9 14,400 10,65,600

Defrail Technologies IPO Subscription

Updated as on 13 Jan 2026 | 05:00:00 PM

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 71.09 3,55,200 2,52,49,600
NII 119.38 2,68,800 4,33,58,400
bNII (bids above ₹10L) 188.83 1,77,600 3,35,36,000
sNII (bids between ₹2L to ₹10L) 107.70 91,200 98,22,400
Retail 101.28 6,24,000 6,31,96,800
Total 98.19 13,42,400 13,18,04,800

Defrail Technologies IPO GMP

The estimated Grey Market Premium of Defrail Technologies IPO is ₹10 per share (13.51%)

Category Allocation

Particulars Allocation
QIB Not more than 50% of Net Offer
NII Not less than 15% of Net Offer
Retail Not less than 35% of Net Offer
Market Maker 94,400 EQ. Shares

Defrail Technologies IPO Financials

(Rs. in crores)

Particulars Sep-25 Mar-25 Mar-24
Revenue 39.08 62.21 0.72
PAT 1.51 3.42 0.11
Net Worth 10.62 9.12 0.16
Borrowings 11.78 11.56 0.41
Assets 37.22 33.91 1.22
NAV (₹) 20.58 17.66 31.09
EPS (₹) 2.92 6.62 21.09

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI VALUES
EBITDA 8.94%
ROE 77.01%
ROCE 25.80%
PE Ratio 11.18
PE Ratio 4.19
Mkt Cap (in Crs.) 51.98
  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Defrail Technologies IPO Peer Comparision

(Rs. in crores)

Particulars Defrail Technologies Pentagon Rubber Gujrat Reclaim & Rubber
Revenue 61.77 49.32 534.27
PAT 3.52 2.68 37.86
EPS (₹) 2.96 0.82 6.36
NAV (₹) 20.36 4.22 36.14
RONW 11.76% 1.95% 1.73%
EBITDA 8.94% 9.11% 13.98%
PAT Mrgn 5.70% 5.44% 7.09%
PE Ratio 11.18 86.59 265.72

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 29th, 2025 for Peers

Defrail Technologies IPO Peer Comparision

(Rs. in crores)

Particulars Defrail Technologies
Revenue 61.77
PAT 3.52
EPS (₹) 2.96
NAV (₹) 20.36
RONW 11.76%
EBITDA 8.94%
PAT Mrgn 5.70%
PE Ratio 11.18
Pentagon Rubber Gujrat Reclaim & Rubber
49.32 534.27
2.68 37.86
0.82 6.36
4.22 36.14
1.95% 1.73%
9.11% 13.98%
5.44% 7.09%
86.59 265.72

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 29th, 2025 for Peers

Promoter Details

Name Shareholding
Ashi Aggarwal 72.85%
Dinesh Aggarwal 24.24%
Others 2.90%
Total 99.99%

Management Details

Name Designation
Vivek Aggarwal Chairman & MD
Abhishek Aggarwal CFO

Company Details

Name: Defrail Technologies Limited

Address: Plot no 180, Sector 24, Faridabad Sector 22, Faridabad, Haryana, India, 121005

Number: 0129 - 487 8760

Email: cs@defrailtech.com

Website: www.defrailtech.in

Book Running Lead Managers (BRLMs)

RTAs

Maashitla Securities
Maashitla Securities
Visit Website

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Defrail Technologies IPO is a SME IPO having an issue size of Rs. ₹13.77 Crs. Defrail Technologies IPO is priced at ₹70 - ₹74 per share. The issue opens on 09 Jan 26 and closes on 13 Jan 26.

Defrail Technologies IPO opens on 09 Jan 26 and closes on 13 Jan 26.

The estimated Grey Market Premium of Defrail Technologies IPO is ₹10 per share (13.51%).

The minimum lot size of Defrail Technologies IPO is 1600 shares & the minimum application amount is Rs. 118400.

The allotment date of Defrail Technologies IPO is 14 Jan 26.

The listing date of Defrail Technologies IPO is 19 Jan 26.

Defrail Technologies IPO is subscribed 98.19 times.

Defrail Technologies IPO is priced at ₹70 - ₹74 per share.

Click the allotment link on Defrail Technologies IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Defrail Technologies IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date