Defrail Technologies IPO Subscription Status
Defrail Technologies IPO subscribed over 0.80x on its First day till 05.00 PM on 8th January 2026.
- Defrail Technologies IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 0.88x times, and RII investors subscribed 1.22x times.
- The company has received bids for 9,96,800 shares against 12,48,000 shares on offer on the First day.
- Defrail Technologies’ IPO was subscribed over 0.80x times on day 1.
About the 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 GMP
Defrail Technologies IPO GMP was ₹6 as of Friday, 9th January. That indicates the IPO is trading at ₹80 with a ₹6 premium in the grey market against the issue price of ₹74.
