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Defrail Technologies IPO
78.35xsubscribed

Defrail Technologies IPO

listed
₹2.24LMin. investment

Defrail Technologies Limited IPO Details

Price range₹70.00 – ₹74.00
IPO type
SME
Lot size1600 shares
Issue size₹14Cr
Red Herring Prospectus
Read
Market cap
₹51.98CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹62.21CrLower than sector avg
Growth rate3Y CAGR
36.03%

Defrail Technologies IPO Subscription Status

Date
QIB
NII
Retail
Total
09-Jan-26
0.12 times (X)
0.52 times (X)
1.22 times (X)
0.6 times (X)
12-Jan-26
0.14X
11.9X
18.08X
8.75X
13-Jan-26
2.44X
152.85X
99.91X
78.35X

As on 09-Jan-26, 5:30 PM

Defrail Technologies IPO Timeline

  1. Pre-apply
    8 Jan 2026
  2. Bid start
    9 Jan 2026
  3. Bid end
    13 Jan 2026
  4. Allotment
    14 Jan 2026
  5. Release of funds
    15 Jan 2026
  6. Demat transfer
    15 Jan 2026
  7. Listing
    16 Jan 2026

About Defrail Technologies Limited

Defrail Technologies is engaged in the manufacturing of rubber parts and components, including rubber hose and assemblies, rubber profiles and beadings, and rubber moulded parts. Its products are utilised in the defence, railroad, and automotive industries. Additionally, the company provides design assistance and customisation according to client requirements. It operates two manufacturing facilities totalling more than 7,250 square yards in Faridabad, Haryana, with a combined installed capacity of 33,60,000 kg/month.
The company produces a variety of rubber products, including nylon tubes, gaskets, grommets, EPDM and sponge rubber profiles, diesel and petroleum hoses, and LPG hoses. As of September 2025, 99.33% of revenue came from rubber hose and assemblies, 0.07% from rubber profiles and beadings, and 0.6% from rubber mouldings. It primarily follows a B2B model, with the majority of its revenue coming from automotive industry clients. Additionally, it serves government customers in the railways and defence segments and is registered on the Government e-Marketplace (GeM).
In terms of industry, the automobile sector represented 90.25% of FY25 revenue, while railways contributed 8.80% to the revenue and the defence sector at 0.95%. Regionally, revenue heavily came from Haryana, which formed 90.22% of total revenue, while exports accounted for 0.04% as of September 2025.

Checklist

Quality analysis
Revenue growth
Company valuation
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Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Defrail Technologies Limited IPO

Capital expenditure
56.80%
The company will utilise ₹7.96 crore to purchase equipment/machineries.
General corporate purposes
30.70%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Capital expenditure for solar panel
12.30%
The company will spend ₹1.73 crore to buy and install solar panels at its manufacturing plants..

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹62.21Cr36.03%₹3.42Cr₹51.98Cr11.181.27
This sector (avg.)₹157.33Cr---₹8.73Cr₹398.62Cr25.980.43
₹1,392.36Cr---₹54.07Cr₹1,929.15Cr23.130.34
₹589.44Cr---₹112.88Cr₹1,788.44Cr18.570.06
₹550.45Cr---₹30.7Cr₹930.67Cr33.810.77

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Defrail Technologies IPO Contact Details

Company NameDefrail Technologies Limited

How to apply for Defrail Technologies IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Defrail Technologies Limited IPO FAQs