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Diversified · Listed on BSE · 09 Jan 2026 - 13 Jan 2026
Jagat JoshiDefrail 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.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 19-Jan-2026 01:00 AM | +₹17 | ₹91 | +22.97% | ₹27,200 |
| 17-Jan-2026 12:59 PM | +₹10 | ₹84 | +13.51% | ₹16,000 |
| 16-Jan-2026 09:30 PM | +₹10 | ₹84 | +13.51% | ₹16,000 |
| 13-Jan-2026 12:59 PM | +₹8 | ₹82 | +10.81% | ₹12,800 |
| 12-Jan-2026 12:59 PM | +₹16 | ₹90 | +21.62% | ₹25,600 |
| 10-Jan-2026 12:59 PM | +₹6 | ₹80 | +8.11% | ₹9,600 |
| 09-Jan-2026 12:59 PM | +₹6 | ₹80 | +8.11% | ₹9,600 |
| 08-Jan-2026 12:59 PM | +₹5 | ₹79 | +6.76% | ₹8,000 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| QIB (Ex. Anchor) | 71.09x | 3,55,200 | 2,52,49,600 | ₹186.85 Cr |
| NII | 160.95x | 2,68,800 | 4,32,64,000 | ₹320.15 Cr |
| bNII > ₹10L | 188.30x | 1,77,600 | 3,34,41,600 | ₹247.47 Cr |
| sNII < ₹10L | 107.70x | 91,200 | 98,22,400 | ₹72.69 Cr |
| Retail | 101.28x | 6,24,000 | 6,31,96,800 | ₹467.66 Cr |
| Total | 105.54x | 12,48,000 | 13,17,10,400 | ₹974.66 Cr |
| Period Ended | 30 SEPT 2025 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|
| Total Income | 39.08 | 62.22 | 0.72 |
| Profit After Tax | 1.51 | 3.42 | 0.11 |
| EBITDA | 3.44 | 5.78 | 0.14 |
| NET Worth | 10.62 | 9.12 | 0.16 |
| Reserves and Surplus | 5.46 | 3.96 | 0.11 |
| Total Borrowing | 11.78 | 11.56 | 0.41 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Gujrat Reclaim & Rubber Product Limited | 6.36 | 265.72 | 36.14 | 1.73 | 3.39 |
| Pentagon Rubber Limited | 0.82 | 86.59 | 4.22 | 1.95 | 0.63 |
Mr. Vivek Aggarwal, Mr. Abhishek Aggarwal, Ms. Ashi Aggarwal, Mr. Dinesh Aggarwal are the company's promoters of Defrail Technologies.
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100.00% | 73.51% |
| Others* | 0.00% | 26.49% |
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