
Defrail Technologies Limited, incorporated in October 2023, manufactures a diverse range of rubber parts and components, including hoses, profiles, and moulded parts. The company consolidated its operations by acquiring two proprietorship firms, 'M/s Impex Hitech Rubber' and 'M/s Vikas Rubber Industries,' in April 2024. Operating from two manufacturing plants in Faridabad, Defrail Technologies serves various industries with a significant focus on the automotive, railways, and defence sectors.
Jan 09, 2026
Jan 13, 2026
Jan 16, 2026
SME
Closed
13.77 Cr
13.77 Cr
0 Cr
₹70 - ₹74
1600
The main objectives of the issue are to utilize the net proceeds for the following purposes:
Capital expenditure for the purchase of equipment and machineries, amounting to Rs. 795.95 lakhs, to enhance production capacity, streamline manufacturing processes, and support diversification into the Railways and Defence sectors.
Capital expenditure for the purchase and installation of a Solar Panel at the company's manufacturing plants, with an allocated amount of Rs. 173.25 lakhs, aimed at promoting sustainability and cost efficiency.
To fund general corporate purposes, for which the amount utilized will not exceed 15% of the total funds raised in the issue or Rs. 10 Crores, whichever is lower.
11.18
6.62
11.44%
13.28%
11.44%
—
3.85%
8.8%
4.19
Experienced management team with extensive knowledge of the rubber industry and operations.
RDSO approved vendor status, enabling the company to supply critical products to the Indian Railways sector.
A diversified product range that caters to multiple industries, including automotive, railways, and defence.
Strong and established relationships with a broad base of customers and suppliers, ensuring stable business operations.
Dependence on fluctuating raw material prices, which can significantly impact production costs and margins.
Challenges in adhering to increased regulatory compliance and stringent environmental norms.
Reliance on a network of third-party suppliers for certain key raw materials and components.
Difficulties in keeping pace with rapid technological upgradation in manufacturing processes.
The expanding industrial and construction sectors in India are increasing the demand for rubber products.
Continuous growth in the domestic automotive sector creates higher requirements for specialized rubber components.
Increasing export potential to international markets, offering a significant avenue for growth.
A growing market focus on eco-friendly and sustainable products, creating scope for new product development.
Increasing competition in the market from both established and new manufacturers.
Potential for raw material scarcity and significant price volatility affecting the supply chain.
The emergence of substitutes and alternative materials that can replace rubber components in certain applications.
Economic fluctuations and downturns that can impact demand from the key industries the company supplies to.
Defrail Technologies Limited, incorporated in October 2023, manufactures a diverse range of rubber parts and components, including hoses, profiles, and moulded parts. The company consolidated its operations by acquiring two proprietorship firms, 'M/s Impex Hitech Rubber' and 'M/s Vikas Rubber Industries,' in April 2024. Operating from two manufacturing plants in Faridabad, Defrail Technologies serves various industries with a significant focus on the automotive, railways, and defence sectors.
The Defrail Technologies Ltd. IPO is scheduled to open for subscription on Jan 09, 2026 and close on Jan 13, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Defrail Technologies Ltd. IPO is ₹70 to ₹74. Investors can place bids within this range once the issue opens.
The minimum lot size for the Defrail Technologies Ltd. IPO is 1600 shares. The minimum investment amount ₹1,18,400.
The total issue size of the Defrail Technologies Ltd. IPO is approximately ₹13.77. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Defrail Technologies Ltd. IPO has been subscribed 83.26 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Defrail Technologies Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Defrail Technologies Ltd. are expected to list on stock exchanges on Jan 16, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Defrail Technologies Ltd. IPO are proposed to be used for The main objectives of the issue are to utilize the net proceeds for the following purposes:, Capital expenditure for the purchase of equipment and machineries, amounting to Rs. 795.95 lakhs, to enhance production capacity, streamline manufacturing processes, and support diversification into the Railways and Defence sectors., Capital expenditure for the purchase and installation of a Solar Panel at the company's manufacturing plants, with an allocated amount of Rs. 173.25 lakhs, aimed at promoting sustainability and cost efficiency., To fund general corporate purposes, for which the amount utilized will not exceed 15% of the total funds raised in the issue or Rs. 10 Crores, whichever is lower.
Before applying for the Defrail Technologies Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.