Defrail Technologies IPO GMP is currently at ₹8 as of 13 January 2026, based on the latest activity in the grey market. The grey market premium gives an early indication of how the IPO is being perceived by informal market participants before its official listing.
The IPO has an upper price band of ₹74 per share. Based on the current Defrail Technologies IPO GMP, the estimated listing price is around ₹82 (10.81%) per share. At the current level, the GMP indicates positive sentiment ahead of listing. A positive GMP usually reflects decent investor interest, while a lower GMP signals cautious sentiment.
Contents
Defrail Technologies IPO Day-wise GMP Trend
| Date | IPO Price | GMP | Est. Listing | Gain | Trend |
|---|---|---|---|---|---|
| 19-Jan-2026 | ₹74 | ₹17 | ₹91 | 22.97% | FLAT |
| 18-Dec-2025 | ₹74 | ₹17 | ₹91 | 22.97% | FLAT |
| 17-Jan-2026 | ₹74 | ₹17 | ₹91 | 22.97% | UP |
| 16-Jan-2026 | ₹74 | ₹10 | ₹84 | 13.51% | FLAT |
| 15-Jan-2026 | ₹74 | ₹10 | ₹84 | 13.51% | FLAT |
| 14-Jan-2026 | ₹74 | ₹10 | ₹84 | 13.51% | UP |
| 13-Jan-2026 | ₹74 | ₹8 | ₹82 | 10.81% | FLAT |
| 12-Jan-2026 | ₹74 | ₹8 | ₹82 | 10.81% | UP |
| 11-Jan-2026 | ₹74 | ₹6 | ₹80 | 8.11% | FLAT |
| 10-Jan-2026 | ₹74 | ₹6 | ₹80 | 8.11% | FLAT |
| 09-Jan-2026 | ₹74 | ₹6 | ₹80 | 8.11% | FLAT |
| 08-Jan-2026 | ₹74 | ₹6 | ₹80 | 8.11% | UP |
| 07-Jan-2026 | ₹74 | ₹0 | ₹74 | 0% | FLAT |
| 06-Jan-2026 | ₹74 | ₹0 | ₹74 | 0% | FLAT |
Disclaimer: IPO GMP, Kostak, and Subject to Sauda (Sub2) rates are unofficial and shared for informational purposes only. We do not trade or recommend participation in the grey market. GMP is not a guarantee of listing performance. Investors should apply after reviewing the company’s fundamentals and official offer documents.
Defrail Technologies IPO Details
| Particular | Details |
|---|---|
| IPO Open Date | January 9, 2026 |
| IPO Close Date | January 13, 2026 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹70 to ₹74 per share |
| Issue Size | Approx ₹14 crores |
| Fresh Issue | Approx ₹14 crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Also Read: Defrail Technologies IPO (9-13 Jan)
Defrail Technologies IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | January 9, 2026 |
| IPO Close Date | January 13, 2026 |
| Basis of Allotment | January 14, 2026 |
| Refunds | January 15, 2026 |
| Credit to Demat Account | January 15, 2026 |
| IPO Listing Date | January 16, 2026 |
| Bidding Cut-off Time | January 13, 2026 – 5 PM |
Defrail Technologies IPO Market Lots
| Categories | Details |
|---|---|
| Price Band | ₹70 – ₹74 per share |
| Market Lot | 1,600 shares |
| Retail Investment Amount | ₹2,36,800 |
| HNI Minimum Application | 4,800 shares (3 lots) |
Business Analysis and Financial Health
Defrail Technologies is an India-based manufacturer of rubber parts and engineered components for the automotive, railways, and defence sectors, operating primarily on a B2B and B2G model with two manufacturing facilities in Faridabad, Haryana.
The company’s products include hoses, profiles, beadings and moulded parts supplied to OEMs and government clients, backed by ISO certification and RDSO vendor approval, which strengthens its market credibility.
Financially, Defrail has shown rapid scale-up from modest revenue in FY24 to ₹62.22 crore in FY25 with a profit of ₹3.42 crore, though borrowings remain moderate. The SME IPO funds will support capacity expansion and machinery upgrades, reflecting a focused growth strategy amid improving operational metrics.
Defrail Technologies IPO GMP FAQs
What is the latest Defrail Technologies IPO GMP today?
The current GMP is ₹8 as of 13 January 2026. It reflects the unofficial grey market sentiment ahead of the listing.
What is the latest Defrail Technologies IPO GMP today?
The current GMP is ₹8 as of 13 January 2026. It reflects the unofficial grey market sentiment ahead of the listing.
What is the estimated listing price of Defrail Technologies IPO?
Based on the current GMP of ₹8, the estimated listing price is around ₹82 (10.81%) per share. Actual listing price may differ.
What was the highest and lowest GMP of Defrail Technologies IPO?
The highest GMP of Defrail Technologies IPO was ₹8 on 12 January 2026, while the lowest GMP recorded was ₹6 on 08 January 2026.
What is the minimum market lot for Defrail Technologies SME IPO?
The minimum market lot size is 1600 shares, requiring an investment of approximately ₹236800 at the issue price.
What is the estimated profit per lot in Defrail Technologies IPO?
The estimated profit is calculated as: 1600 × ₹8 = ₹12800.
Expert Review
Defrail Technologies IPO GMP at ₹8 shows steady and positive grey market sentiment ahead of listing. The consistent GMP over recent days suggests controlled optimism rather than speculative hype.
With an estimated 10–11% listing gain, interest looks healthy, but final performance will still depend on overall market mood and post-listing liquidity.
