Defrail Technologies IPO
Technology (Rail / Defence) - Listed on 19 January 2026
Defrail Technologies IPO listing summary
Defrail Technologies (Technology (Rail / Defence)) closed its IPO window in 2026 and listed on NSE and BSE on 19 January 2026 at an upper band issue price of Rs 74, opening at Rs 95 for a listing gain of +28.4% and closing day one at Rs 90.25 (+22.0% on closing basis). The IPO was subscribed 105.61x overall - QIB 71.09x, HNI/NII 161.30x, Retail 101.28x. The total issue size was Rs 13.77 Cr (Fresh Issue Rs 13.77 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Defrail Technologies IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | - | - |
| Day 2 | - | - |
| Day 3 | - | - |
| Day 4 | - | - |
| Day 5 | - | - |
Issue & financials
Market context at listing
How the broader market moved around the Defrail Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Defrail Technologies IPO - FAQs
What was the listing gain of Defrail Technologies IPO?
Defrail Technologies IPO listed at +28.4% versus the upper issue price of Rs 74 on 19 January 2026.
How many times was Defrail Technologies IPO subscribed?
Defrail Technologies IPO was subscribed 105.61x overall. QIB portion was subscribed 71.09x, HNI / NII 161.30x and Retail 101.28x.
What was the IPO GMP for Defrail Technologies?
Day-by-day IPO GMP data for Defrail Technologies is listed in the table above.