DEFRAIL TECHNOLOGIES IPO
IPO Snapshot: Key Details
| IPO Period | 09th – 13th Jan 2026 |
|---|---|
| Listing on | 16 Jan 2026 |
| Price Band | ₹70 – ₹74 |
| Lot Size & Minimum Investment | 1600 shares & ₹118,400 |
| Total Issue Size | 13.77 Crores INR |
Important Dates for the DEFRAIL TECHNOLOGIES IPO
- Opening Date: 09 Jan 2026
- Closing Date: 13 Jan 2026
- UPI Payment Deadline: 13 Jan 2026 (5 PM)
- Allotment Announcement: 14 Jan 2026
- Refund Processing: 15 Jan 2026
- Demat Credit: 15 Jan 2026
- Stock Market Listing: 16 Jan 2026
- Mandate Validity End: 28 Jan 2026
- Anchor Investor Lock-in Release (50%): 13 Feb 2026
- Anchor Investor Lock-in Release (Remaining): 14 Apr 2026
*Dates may be revised as per official updates.
Understanding DEFRAIL TECHNOLOGIES: The Company’s Journey and Business
Incorporated on October 9, 2023, DEFRAIL TECHNOLOGIES Limited emerged as a public limited company, strategically consolidating the established operations of two promoter-led proprietorships, Impex Hitech Rubber and Vikas Rubber Industries, under a unified corporate structure. This transition, facilitated through a business transfer agreement, brought together years of expertise and operational history in the rubber manufacturing sector.
DEFRAIL TECHNOLOGIES operates primarily in the manufacturing of various rubber parts and components. Their extensive product portfolio includes high-quality rubber hoses and assemblies, diverse rubber profiles and beadings, and precision-engineered rubber moulded parts. The company’s offerings are designed to cater to a broad spectrum of industrial needs, with a significant presence in critical sectors such as automotive, railways, and defence. A key differentiator for DEFRAIL TECHNOLOGIES is its unwavering focus on application-specific design and customisation, ensuring that products precisely meet the unique requirements of their clients.
The company maintains a robust B2B (Business-to-Business) model, serving as a reliable supplier of engineered rubber components to Original Equipment Manufacturers (OEMs) and various industrial customers. With two modern manufacturing facilities strategically located in Faridabad, Haryana, DEFRAIL TECHNOLOGIES demonstrates strong integrated manufacturing capabilities, supporting scalable production and stringent quality control measures. The company is spearheaded by a strong promoter group including Mr. Vivek Aggarwal, Mr. Abhishek Aggarwal, Ms. Ashi Aggarwal, and Mr. Dinesh Aggarwal, bringing invaluable experience and leadership to the enterprise.
The IPO Structure and Capital Generation
The DEFRAIL TECHNOLOGIES IPO aims to raise a total of 13.77 Crores INR. This entire issue is structured as a Fresh Issue, meaning all proceeds will directly flow into the company’s coffers. This fresh infusion of capital is crucial for driving the company’s future growth initiatives and strengthening its operational capabilities.
| Total Funds Raised | 13.77 Crores INR |
|---|---|
| Fresh Issue Component | 13.77 Crores INR |
| Offer for Sale Component | Nil |
As the entire issue is a fresh issue, it signifies the company’s intent to invest in its own expansion and operational enhancements, rather than providing an exit for existing shareholders. This approach often signals a strong commitment to long-term growth and value creation for all stakeholders.
Strategic Allocation of Funds
DEFRAIL TECHNOLOGIES has outlined a clear strategy for the utilisation of the capital raised through this IPO. The funds are earmarked for specific growth-oriented objectives, reinforcing the company’s infrastructure and operational efficiency.
| Objective | Amount (INR Crores) | Allocation % |
|---|---|---|
| Purchase of equipment/machinery | 7.96 | 57.78% |
| Purchase and installation of solar panels | 1.73 | 12.56% |
| General corporate purposes | 4.08 | 29.66% |
A significant portion of the capital, nearly 58%, is dedicated to the purchase of new equipment and machinery. This investment is expected to enhance production capabilities, improve efficiency, and potentially expand the company’s product offerings. The allocation for solar panel installation demonstrates a commitment to sustainable practices and aims to reduce operational costs by leveraging renewable energy. The remaining funds are designated for general corporate purposes, providing the company with necessary working capital and flexibility for future strategic initiatives.
Core Strengths and Advantages
DEFRAIL TECHNOLOGIES boasts several compelling strengths that underpin its market position and growth prospects:
- **Experienced Leadership and Heritage:** The company benefits from an established promoter background with a proven operating history in rubber manufacturing, providing strong leadership and industry insights.
- **Integrated Manufacturing Prowess:** With two in-house manufacturing plants in Faridabad, Haryana, DEFRAIL TECHNOLOGIES possesses robust integrated production capabilities, enabling efficient and quality-controlled output.
- **Specialised Product Focus:** A strong emphasis on rubber hoses and assemblies, an area with demonstrated and consistent market demand, forms a solid foundation for its product portfolio.
- **Customisation and Diversified Applications:** The ability to offer customised product solutions across diverse sectors like automotive, railways, and defence highlights its versatility and adaptability to client needs.
- **Sustainable Customer Relationships:** Growing revenues are supported by long-term relationships with key OEM customers, indicating reliability and trust within its client base.
Acknowledging Potential Investment Risks
While DEFRAIL TECHNOLOGIES presents promising aspects, investors should also be aware of certain potential risks:
- **Product Concentration:** The company exhibits a high dependence on rubber hoses and assemblies, which constitute a majority of its revenue. Any downturn in demand for these specific products could significantly impact financials.
- **Sectoral Cyclicality:** A significant reliance on the automotive sector exposes the company to cyclical fluctuations inherent in the automotive industry, which can affect sales and profitability.
- **Customer Concentration:** Revenue generation is concentrated among a limited number of large customers. The loss of a major customer or a significant reduction in their orders could materially affect the company’s financial performance.
- **Leased Manufacturing Premises:** The manufacturing facilities operate on leased premises, which could pose continuity risks or impact operational flexibility should lease terms change unfavorably.
- **Capacity Utilisation Challenges:** Under-utilisation of installed manufacturing capacity could lead to higher per-unit costs and subsequently impact operating margins and overall profitability.
Real-time Subscription Status (Post-Opening)
As this is an upcoming IPO, the subscription data will become available and updated here once the IPO opens for public subscription from January 09, 2026. Investors can monitor the live subscription figures across various categories (Qualified Institutional Buyers, Non-Institutional Investors, and Retail Individual Investors) once the bidding process commences.
*GMP figures are unofficial and may vary; exchange data is more reliable.
Seamless Application Process
Investors keen on participating in the DEFRAIL TECHNOLOGIES IPO can submit their applications conveniently through the official Dhan Kirti IPO platform. Ensure your application is completed well before the subscription window closes on January 13, 2026, to secure your bid.
