Defrail Technologies IPO Details
The Defrail Technologies IPO is a book build issue with a total issue size of ₹14 cr Defrail Technologies IPO opened for subscription on Jan 09, 2026 and closed on Jan 13, 2026. Defrail Technologies IPO is set price band at ₹70 to ₹74 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹236,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 14, 2026, and listed on both the NSE and BSE on Jan 19, 2026.
Maashitla Securities Pvt. Limited has been appointed as the registrar. NEXGEN Financial Solutions Pvt. Ltd. are the Book Running Lead Manager for the issue.
Before investing in the Defrail Technologies IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 70 – 74
- Lot Size
- 1600
- Issue Size
- ₹14 Cr
- Minimum Investment
- ₹236800 (3200 Shares)
- Listing Date
- 19 January 2026
Current GMP
₹17 (+22.97%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Defrail Technologies Limited
Defrail Technologies Limited was incorporated in October 2023 and is engaged in the manufacturing of rubber parts and components. The company’s product portfolio includes rubber hoses and assemblies, rubber profiles and beadings, and moulded rubber parts. These products cater to a wide range of industries, including automotive, railways, and defence. Defrail Technologies offers both standardised products and customised solutions tailored to meet specific operational and technical requirements of its clients.
The company’s legacy dates back to 1980 with the establishment of Vikas Rubber Industries, which laid the foundation for its manufacturing expertise. In 2008, Impex Hitech Rubber was formed to expand capabilities and serve B2B customers more effectively. On April 1, 2024, both Vikas Rubber Industries and Impex Hitech Rubber were consolidated into Defrail Technologies Limited through Business Transfer Agreements, creating a unified entity with enhanced operational scale and capabilities.
Defrail Technologies primarily operates on a business-to-business (B2B) model, supplying bulk orders mainly to clients in the automotive sector. In addition, the company services the business-to-government (B2G) segment, supplying products directly to government bodies such as Indian Railways and the Defence sector.
The company operates two manufacturing facilities located in Faridabad, Haryana, as detailed below:
- Neemka, Tigaon Road, Sector 71 – 2,420 sq. yards
- Sector 24, Faridabad – 4,833.33 sq. yards
Both facilities are equipped with advanced machinery and infrastructure that enable the manufacture of a diverse range of rubber products, including diesel and petroleum hose pipes, LPG hose pipes, nylon tubes, gaskets, grommets, air intake hoses, EPDM profiles, rubber sponges, and aluminium window rubber beadings.
Defrail Technologies Limited is ISO 9001:2015 certified, reflecting its commitment to quality management systems. The company is also registered as a seller on the Government e-Marketplace (GeM), enabling participation in government procurement tenders and vendor contracts.
As of November 30, 2025, the company employs 298 permanent employees, supporting its manufacturing, quality, and operational functions.
Defrail Technologies IPO Promoters
- Mr. Vivek Aggarwal
- Mr. Abhishek Aggarwal
- Ms. Ashi Aggarwal
- Mr. Dinesh Aggarwal
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.52%
Defrail Technologies IPO Objective
The Company Defrail Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital Expenditure- Purchase of Equipment/Machineries
- Capital Expenditure- Purchase and installation of Solar Panel at our Manufacturing Plant
- General Corporate Purposes
Address / Contact Info
Defrail Technologies Ltd.
Plot no 180, Sector 24, Faridabad,
Sector 22, Faridabad,
Haryana
Faridabad, Haryana, 121005
Phone: 0129 - 487 8760
Email: cs@defrailtech.com
Website: https://www.defrailtech.in/
IPO Snapshot
Book Running Lead Managers
- NEXGEN Financial Solutions Pvt. Ltd.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Defrail Technologies IPO is a Book-building IPO with a total issue size of ₹14 crore. The Defrail Technologies IPO price band is ₹70 to 74 per share. The Defrail Technologies IPO subscription opens on Fri, Jan 9, 2026, and closes on Tue, Jan 13, 2026. The Defrail Technologies IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Defrail Technologies IPO.
The Defrail Technologies IPO opens on Fri, Jan 9, 2026 and closes on Tue, Jan 13, 2026
Defrail Technologies IPO Price Band is ₹70 to 74 per share.
Defrail Technologies IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹236800 based on the upper price band
The minimum investment for Defrail Technologies IPO is ₹236800, based on one lot of 1600 shares at the upper price band of ₹74 per share.
Investors can apply for the Defrail Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jan 13, 2026. The application amount remains blocked until the Defrail Technologies IPO allotment is finalized.
Defrail Technologies IPO issue size is ₹14 crores.
Defrail Technologies IPO allotment date is Wed, Jul 1, 2026.
The registrar for Defrail Technologies IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Defrail Technologies IPO allotment status, refund processing, and other IPO-related information.
The Defrail Technologies IPO GMP (Grey Market Premium) is ₹17 as of Sun, Jan 18, 2026. Based on the upper price band of ₹74 per share, the estimated Defrail Technologies IPO listing price is ₹91, indicating a potential listing gain of approximately 0% over the issue price.