Defrail Technologies IPO Details
| IPO Open Date | January 9, 2026 |
| IPO Close Date | January 13, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹70 to ₹74 Per Share |
| Issue Size | Approx ₹14 Crores |
| Fresh Issue | Approx ₹14 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Defrail Technologies IPO Review & Key Points
- Review: Neutral
- Rating: 2
Defrail Technologies IPO Market Lot
The Defrail Technologies IPO minimum market lot is 3,200 shares with ₹2,36,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,36,800 |
| Retail Maximum | 2 | 3,200 | ₹2,36,800 |
| 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 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 5,18,400 Shares | 27.86% |
| QIB (Ex. Anchor) | 3,55,200 Shares | 19.09% |
| NII Shares Offered | 2,68,800 Shares | 14.45% |
| Retail Shares Offered | 6,24,000 Shares | 33.53% |
Defrail Technologies IPO Anchor Investors
| Anchor Bidding Date | January 8, 2026 |
| Anchor Investors List | |
| Shares Offered | 5,18,400 Shares |
| Anchor Size | 3.84 Cr. |
| lock-in period end date 50% shares (30 Days) | February 13, 2026 |
| lock-in period end date 50% shares (90 Days) | April 14, 2026 |
Defrail Technologies IPO Dates
The Defrail Technologies IPO date is January 9 and the close date is January 13. The Defrail Technologies IPO allotment will be finalized on January 14 and the IPO listing on January 16.
| IPO Open Date: | January 9, 2026 |
| IPO Close Date: | January 13, 2026 |
| Basis of Allotment: | January 14, 2026 |
| Refunds: | January 15, 2026 |
| Credit to Demat Account: | January 15, 2026 |
| IPO Listing Date: | January 16, 2026 |
| IPO Bidding Cut-off Time: | January 13, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Vivek Aggarwal, Mr. Abhishek Aggarwal, Ms. Ashi Aggarwal, and Mr. Dinesh Aggarwal.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 51,63,620 | 100% |
| Promoter Holding Post Issue | 70,24,420 | 73.52% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Purchase of equipment/machineries | ₹7.96 |
| Purchase and installation of Solar Panel | ₹1.73 |
| General Corporate Purpose | ₹- |
About Defrail Technologies IPO
Defrail Technologies Limited, founded in October 2023, manufactures Rubber parts such as rubber hoses and assemblies, rubber profiles and beadings, and moulded rubber components. Its products are used in various industries such as automotive, railways, and defence sectors. The firm started its journey in 1980 with Vikas Rubber Industries. Later, in 2008, Impex Hitech Rubber was set up to serve B2B customers. On April 1, 2024, both these businesses were merged into Defrail Technologies Limited to serve the B2G segment by offering products directly to government bodies like Indian Railways and the Defence sector.
The company runs its 2 manufacturing Faridabad, Haryana, located at Neemka, Tigaon Road, Sector 71 (2,420 sq. yards) and Sector 24, Faridabad (4,833.33 sq. yards). Its facilities use modern machines to make rubber products along with diesel and petroleum hose pipes, LPG hose pipes, nylon tubes, gaskets, grommets, and air intake hoses.
Defrail Technologies IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹0.72 | ₹0.57 | ₹0.11 | ₹1.22 |
| 2025 | ₹62.22 | ₹58.24 | ₹3.42 | ₹33.91 |
| September 2025 | ₹39.08 | ₹36.48 | ₹1.51 | ₹37.22 |
Defrail Technologies IPO Valuation – FY2025
Check Defrail Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 73.72% |
| ROCE: | 24.43% |
| EBITDA Margin: | 9.29% |
| PAT Margin: | 5.49% |
| Debt to equity ratio: | 1.27 |
| Earning Per Share (EPS): | ₹6.62 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 73.72% |
| Net Asset Value (NAV): | ₹17.66 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Pentagon Rubber Limited | 0.82 | 86.59 | 1.95% | 4.22 | 0.63 Cr. |
| Gujrat Reclaim & Rubber Product Limited | 6.36 | 265.72 | 1.73% | 36.14 | 3.39 Cr. |
IPO Lead Managers aka Merchant Bankers
- NEXGEN Financial Solutions Pvt. Ltd.
Company Address
Defrail Technologies Ltd.
Plot no. 180, Sector 24,
Sector 22,
Faridabad, Haryana, 121005
Phone: 0129 – 487 8760
Email: [email protected]
Website: https://www.defrailtech.in/
IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
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