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Home › IPOs › Defrail Technologies Ltd › Subscription
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Defrail Technologies Ltd
CLOSED BSE SME Bookbuilding IPO Fresh Capital Defrail Technologies IPO GMP
GREY MARKET PREMIUM
₹ + 8
+11% expected return
EST. LISTING PRICE
₹82
Issue Price: ₹ 74
Back to IPOs Check Allotment Website
Issue Price
₹74
Face Value
₹10
Lot Size
1,600 shares
Open Date
09 Jan 2026
Close Date
13 Jan 2026
Allotment
14 Jan 2026
Listing Date
16 Jan 2026
Exchange
BSE SME

Defrail Technologies IPO Details: Price, Dates & Financials

The Defrail Technologies IPO GMP strength score is 7.3 out of 10, which the dashboard rates as Good. The Defrail Technologies IPO valuation is tagged Good. The Defrail Technologies IPO QIB category is reserved for 41.57% of the offer. The Defrail Technologies IPO NII/HNI category is reserved for 14.45% of the offer. The Defrail Technologies IPO Retail (RII) category is reserved for 33.53% of the offer. Live subscription numbers for the Defrail Technologies IPO are not yet available, and amounts are calculated at the upper price band of ₹74.

IPO Analytics Dashboard
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Defrail Technologies IPO GMP Insights
👤
Retail Demand
Good
💼
HNI Interest
Good
🏦
QIB Demand
Strong
📊
Valuation
Good
Defrail Technologies IPO GMP Strength Score
7 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Defrail Technologies IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB — 773,600 (42%) —
💼 NII / HNI — 268,800 (14%) —
👤 Retail (RII) — 624,000 (34%) —
📊 Market Maker — 94,400 (5%) —
Σ Total — 1,860,800 (100%) —

* Amount calculated at upper price band (₹74) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
🏦
QIB ? 773,600 (42%)
42%
💼
NII / HNI ? 268,800 (14%)
14%
👤
Retail (RII) ? 624,000 (34%)
34%
📊
Market Maker ? 94,400 (5%)
5%
Total Shares Offered 1,860,800 (100%)
Defrail Technologies IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 2
Shares / Lot 3,200
Min. Investment ₹236,800
💼 HNI Investors ?
Min. Lots 3
Min. Shares 4,800
Min. Investment ₹355,200
Defrail Technologies IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 7
Post-Issue EPS ?
₹ 4
Pre-Issue P/E ?
11 x
Post-Issue P/E ?
17 x
Defrail Technologies IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 15 Jan 2026
  2. 2 📂 Credit of Shares to Demat 15 Jan 2026
Investor Interpretation
  • Retail allocation is good at 34% of the total offering.
  • HNI/NII demand is good at 14%.
  • Institutional (QIB) interest is strong at 42%.
  • The IPO P/E of 17x reflects a good valuation relative to typical market ranges.
  • Pre-issue EPS of ₹7 compares to post-issue EPS of ₹4 after dilution.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

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Defrail Technologies IPO Subscription FAQs
Subscription data for Defrail Technologies IPO is not available right now. Numbers are updated here during the bidding window.
In Defrail Technologies IPO, retail investors can apply for a minimum of 2 lot(s) (₹₹236,800); HNI/sNII minimum 3 lots (₹₹355,200).
Shares offered by category — QIB 773,600 (42%) shares, Retail 624,000 (34%) shares.
Defrail Technologies IPO valuation — pre-issue EPS ₹6.62, post-issue EPS ₹4.29, pre-issue P/E 11.18, post-issue P/E 17.25.
Subscription is shares bid for divided by shares offered in that category. If 10 lakh shares are offered and 50 lakh are bid for, the category is subscribed 5 times. Final numbers are confirmed after the bidding closes.
The NII category covers investors applying for shares outside the retail investor category, while HNI commonly refers to high-value investors within the NII category. Understanding the Defrail Technologies IPO's NII and HNI subscription levels helps investors assess demand for the Defrail Technologies IPO and overall investor interest.

GMP and IPO data are unofficial and for information only — not investment advice. Read the full disclaimer.