Defrail Technologies Limited Makes Strong BSE Debut

Defrail Technologies Limited, a manufacturing firm, successfully listed on the BSE SME platform at a 28.38% premium over its issue price. The IPO raised ₹13.77 crore for capital expenditure and corporate purposes. Management is optimistic about future growth, with plans to enhance manufacturing capabilities.

Faridabad, January 19, 2026: Defrail Technologies Limited, known for its rubber and polymer products, made an impressive debut on the BSE SME platform, listing at ₹95 per share—a 28.38% premium over its issue price of ₹74. The company's IPO reflects positive investor sentiment and a strong business outlook.

The IPO, a 100% fresh issue, raised ₹13.77 crore, which will be utilized for capital expenditure, general corporate purposes, and issue expenses. Defrail aims to enhance manufacturing infrastructure and increase production capacity, fostering long-term growth.

Company executives expressed satisfaction with the IPO's success, attributing investor confidence to Defrail's solid business model and experienced management. The company, with roots in Impex Hitech Rubber and Vikas Rubber Industries, focuses on quality production and strategic market expansion.

(With inputs from agencies.)