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IPO-Insights

Defrail Technologies Ltd. IPO – Subscription Status, Dates, and How to Apply

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Geetanjali Lachke

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Explore how Defrail Technologies Ltd’s IPO performed during its subscription period, including investor participation, price band details, key dates, and the step-by-step process to apply through ASBA or UPI. 

Defrail Technologies Ltd., a technology-driven company, opened its initial public offering (IPO) on January 9, 2026, offering shares to the public for subscription. The company operates in the digital and technology services sector, providing innovative solutions to clients across various industries. As the company steps into the public market, it seeks to raise funds for expansion, technology upgrades, and general corporate purposes. The IPO has received initial applications from retail investors, with early participation observed from smaller investors and technology sector participants.

The issue is valued at ₹13.77 crore and is a Fresh Issue, offering equity shares in the price range of ₹70 to ₹74 per share.

Defrail Technologies Ltd. IPO Subscription Status

On Day 1 of the bidding process, Defrail Technologies IPO saw moderate participation across the retail and non-institutional segments. However, institutional investors (QIBs) showed little interest on the first day. 

Day 1 Subscription Status (January 9, 2026)

The overall subscription on Day 1 stood at 0.40×, reflecting early investor caution but a decent response from smaller retail participants.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

0.00×

Retail Individual Investors (RII)

0.57×

Non-Institutional Investors (NII)

0.49×

Total

0.40×

The subscription pattern on Day 1 indicates that retail investors have shown early interest, while institutional investors are yet to make a significant move.

Defrail Technologies Ltd. IPO Price Band and Lot Size

The price band for the Defrail Technologies IPO is set between ₹70 and ₹74 per share, with a face value of ₹10 per share. Investors can apply for a minimum of 1 lot (1,600 shares) and in multiples of 1,600 shares thereafter. At the upper price limit, one lot amounts to an investment of ₹1,18,400, which caters to both retail and non-institutional investors looking to invest in the tech sector.

Investor Category Lots Shares Amount (₹)

Retail (Min/Max)

1

1,600

₹1,18,400

S-HNI (Min)

2

3,200

₹2,36,800

B-HNI (Min)

10

16,000

₹11,84,000

This pricing structure allows retail and institutional investors to participate in the technology sector.

For detailed insights about the company, issue particulars, and the latest updates, visit the Defrail Technologies IPO on Bajaj Markets.

Defrail Technologies Ltd. IPO Open Date, Close Date, and Allotment Date

The IPO follows a specific timeline, from opening for subscription to final share allotment and listing. Below are the key dates you should track:

Event Date Details

IPO Open Date

January 9, 2026

Issue opens for subscription

IPO Close Date

January 13, 2026

Final day to submit bids

Basis of Allotment

January 14, 2026

Finalisation of share allotment

Refunds Initiation

January 15, 2026

Refunds begin for unallotted investors

Credit of Shares to Demat

January 15, 2026

Shares credited to successful applicants

Listing Date

January 16, 2026

Shares to debut on NSE/BSE

Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.

How to Apply for Defrail Technologies Ltd. IPO

Investors can apply for the Defrail Technologies IPO using two methods: ASBA (Net Banking) and UPI (through Broker Platforms).

Through ASBA (Net Banking)

ASBA is a secure and convenient way for investors to apply for the IPO, with the application amount blocked in the investor’s account until shares are allotted.

  1. Log in to your internet banking account.

  2. Go to the ‘Investments’ or ‘IPO Application’ section.

  3. Select Defrail Technologies Ltd. IPO from the list of available IPOs.

  4. Enter your preferred bid quantity and price.

  5. Confirm and submit your application.

  6. The application amount will remain blocked in your account until allotment. 

  7. Once shares are allotted, the amount will be debited, and shares will be credited to your Demat account.

Through UPI via Broker Platforms

You can also apply using UPI through your stockbroker’s or financial marketplace’s platform.

  1. Log in to your trading account or Demat account on the broker's platform.

  2. Navigate to the IPO section and select Defrail Technologies Ltd. IPO.

  3. Enter your application details, including the number of lots and price.

  4. Provide your UPI ID linked to your bank account.

  5. Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).

  6. The funds will be debited only if shares are allotted. 

  7. Once allotted, the shares will be credited to your Demat account.

You can also check other Upcoming Ipo’s here: Upcoming IPO

Disclaimer

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

Sources

  • LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo

  • Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo

  • Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/

  • NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos

  • Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner

Hi! I’m Geetanjali Lachke
Financial Content Specialist

Geetanjali is an emerging content writer with a passion for writing and marketing. She focuses on crafting clear, engaging blog posts and articles that simplify complex topics, particularly in finance and business. Geetanjali is dedicated to delivering insightful content that helps readers understand and navigate critical concepts, empowering them to make informed decisions and stay ahead in the ever-evolving landscape of finance and business.

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