ListedSMEDEFRAIL

Defrail Technologies IPO

Defrail Technologies IPO is an SME IPO raising ₹14 Cr at ₹70 – ₹74 a share. It listed on 16 Jan 2026 and trades at ₹71 today, −3.8% against its issue price of ₹74. It was subscribed 78× in total.

74
Issue price
71
Price now
−3.8%
Since issue price
16 Jan 2026
Listed on
78×Subscribed (final) · all exchanges

78.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

131 SME issues listed in 2026 that we can price today. This is the group this issue belongs to.

+8.4%
Median return since issue price
46.6%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidNot available from NSE for this issue
How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrarNot published — smaller SME issues often name none
Official documents1 document
Listing-day priceNot published for this issue — the exchanges only began carrying it during 2024
Performance since listingComputed from our own daily closes

What happens when

8 JanPre-apply
9 JanBidding opens
13 JanBidding closes
15 JanAllotment
15 JanRefunds
16 JanListing
24 FebMandate ends

Track Defrail Technologies Limited

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.