Defrail Technologies IPO GMP & Review: Apply or Avoid?

Defrail Technologies IPO is open for bidding from 9th January 2026 to 13th January 2026. It is a bookbuilding IPO of ₹[.] crore, an entirely fresh issue of 0.19 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 16th January 2026. 

Defrail Technologies IPO Details 

The Defrail Technologies IPO date is fixed between 9th January 2026 and 13th January 2026. The face value of Defrail Technologies shares stands at ₹10 per share, and the IPO Issue price band is set at ₹[.] to ₹[.] per share

Maashitla Securities Private Limited is the registrar of the Defrail Technologies IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Defrail Technologies IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 0.19 crore shares worth ₹[.] crore. Defrail Technologies IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Defrail Technologies IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Defrail Technologies IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 9th January 2026, Defrail Technologies IPO GMP stands at ₹0 per share, which means the share will likely list at ₹0.00 on its tentative listing date, 16th January 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Defrail Technologies IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Defrail Technologies IPO GMP Review

Check out the detailed Defrail Technologies GMP IPO review for a thorough understanding of its potential to report listing gains on 16th January 2026. The Defrail Technologies IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Defrail Technologies IPO.

Defrail Technologies Limited’s revenue increased by 8,541.67% from ₹0.72 crores in March 2024 to ₹62.22 crores in March 2025. Moreover, the company’s PAT increased by 3,009.09% from ₹0.11 crores in March 2024 to ₹3.42 crores in March 2025.

Defrail Technologies’ IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Defrail Technologies IPO, with its tentative listing day set for 16th January 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Defrail Technologies IPO.

The PE ratio of Defrail Technologies Limited shares is [.], and its Earnings Per Share (EPS) stands at [.]. Thus, the Defrail Technologies IPO can deliver gains on its tentative listing date, 16th January 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Defrail Technologies Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Defrail Technologies IPO Subscription Status

The Defrail Technologies IPO will open for bidding on 9th January 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Defrail Technologies IPO Subscription Status. 

About Defrail Technologies Limited

Defrail Technologies Limited was established in October 2023. Defrail Technologies Limited is engaged in the business of manufacturing rubber parts and components, including rubber hoses and assemblies, rubber profiles and beadings, and moulded rubber parts. Its products find applications across industries such as automotive, railways, and defence, with the company offering clients both standard products and customised solutions tailored to their operational requirements. Defrail Technologies traces its origins to 1980 with the establishment of Vikas Rubber Industries, followed by the formation of Impex Hitech Rubber in 2008 to serve B2B customers with expanded capabilities. On April 1, 2024, both businesses were consolidated into Defrail Technologies Limited through Business Transfer Agreements. The company primarily operates on a B2B model, supplying bulk orders to clients in the automotive sector, while also serving the B2G segment by delivering products directly to government authorities such as Indian Railways and the Defence.

Defrail Technologies Limited Financials

The company’s financial analysis is essential before applying for the Defrail Technologies IPO. Look at the table to learn about Defrail Technologies Limited’s financials. 

Explanation

Defrail Technologies Limited’s revenue increased by 8,541.67% from ₹0.72 crores in March 2024 to ₹62.22 crores in March 2025. Moreover, the company’s PAT increased by 3,009.09% from ₹0.11 crores in March 2024 to ₹3.42 crores in March 2025.

Defrail Technologies Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the Defrail Technologies IPO

The primary aim of the Defrail Technologies IPO is to raise ₹[.] crores. On the other hand, Defrail Technologies India has decided to utilise these funds in different ways.

• To purchase equipment/machinery
• To General Corporate Expenses
• To purchase and install a Solar Panel

Should I Invest in the Defrail Technologies IPO?

Explore the pros and cons of Defrail Technologies to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the Defrail Technologies IPO

• The company has experienced management with strong knowledge of its industry and operations.
• The company offers a diversified product range that caters to multiple industries.
• The company has an in-house testing, research, and development centre that supports product quality and innovation.
• The company is an RDSO-approved vendor, enabling it to supply products to the Indian Railways sector.

Cons of the Defrail Technologies IPO

• The company is listed on the BSE & SME platform with low trading volumes and liquidity.
• The company has a dependence on the high client concentration
• The company has a cyclical industry expositor

How to Apply for the Defrail Technologies IPO?

Check the steps mentioned below to apply for Defrail Technologies Ltd.

• Step 1: Conduct thorough research on the Defrail Technologies IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Defrail Technologies IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the Defrail Technologies IPO Allotment Status?

You can check for the Defrail Technologies IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Defrail Technologies IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Defrail Technologies IPO allotment status.

Let’s Wrap

Defrail Technologies IPO is a bookbuilding issue of shares worth ₹[.] crores. The shares of Defrail Technologies Limited will be listed on BSE and SME on its tentative listing date of 16th January 2026. Researching the Defrail Technologies IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Defrail Technologies IPO

How is the Defrail Technologies IPO?

Ans. Currently, on 9th January 2026, the Defrail Technologies GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹0 per share. It is a bookbuilding IPO of ₹[.] shares. The face value of each Defrail Technologies share is ₹10 per share. 

What is the Defrail Technologies IPO price?

Ans. The Defrail Technologies IPO issue price band is set at ₹[.] to ₹[.] per share. 

Is the Defrail Technologies IPO a good investment?

Ans. Defrail Technologies Limited’s revenue increased by 8,541.67% from ₹0.72 crores in March 2024 to ₹62.22 crores in March 2025. Moreover, the company’s PAT increased by 3,009.09% from ₹0.11 crores in March 2024 to ₹3.42 crores in March 2025.

Who is the registrar of the Defrail Technologies IPO?

Ans. Maashitla Securities Private Limited is the registrar for the Defrail Technologies IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Defrail Technologies allotment and refund, you can contact Maashitla Securities Private Limited at investor.ipo@maashitla.com or +91-11-45121795-96.

What is the issue size of the Defrail Technologies IPO? 

Ans. Defrail Technologies IPO is a bookbuilding IPO of ₹[.] crores. Moreover, the IPO is set to open on 9th January 2026 and close on 13th January 2026. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Defrail Technologies IPO, download the Defrail Technologies IPO RHP and Defrail Technologies IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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