Allotment Status · Allotment: Jan 14, 2026 · Listing: Jan 16, 2026
Defrail Technologies IPO IPO Allotment - Results Available
The basis of allotment for Defrail Technologies IPO has been finalised on January 14, 2026. Listing on Jan 16, 2026.
The Defrail Technologies IPO IPO allotment result is out. The IPO was subscribed 105.54 times overall — retail at 101.28×, QIB at 71.09× . To find out if you received shares, visit Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370) and enter your PAN number or application number. The stock is set to list on Jan 16, 2026 on BSE.
3 ways to verify your allotment — registrar portal, BSE, or broker app
You'll need any one of the following to check your allotment:
As of January 16, 2026
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
|
355,200 | 25,249,600 |
71.09×
|
|
NII
|
268,800 | 43,264,000 |
160.95×
|
|
bNII
|
177,600 | 33,441,600 |
188.30×
|
|
sNII
|
91,200 | 9,822,400 |
107.70×
|
|
Retail
|
624,000 | 63,196,800 |
101.28×
|
|
Total
|
1,248,000 | 131,710,400 |
105.54×
|
Real questions investors ask about allotment, refunds & listing
The Defrail Technologies IPO allotment result is out. The fastest way to find out: head to Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370), select Defrail Technologies IPO from the IPO list, and enter your PAN number or application number. You'll see your allotment status in seconds.
Checking by PAN is the quickest method. Here's how: Step 1 — Go to Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370) allotment page. Step 2 — Select Defrail Technologies IPO from the IPO dropdown. Step 3 — Choose "Search by PAN" and type your 10-character PAN (e.g., ABCDE1234F). Step 4 — Hit Search. Your allotment status — allotted or not allotted, and how many shares — will appear instantly. Results are available from January 14, 2026.
The basis of allotment for Defrail Technologies IPO is January 14, 2026. On this date, Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370) finalises who gets allotted shares and in what quantity — based on the subscription ratio and a computerised lottery for retail investors. The IPO is then expected to list on January 16, 2026.
No need to stress. If you're not allotted shares, your blocked amount is automatically released — you don't need to do anything. For Defrail Technologies IPO, refunds are expected by January 15, 2026. If you applied via UPI, the mandate block is removed automatically after allotment. If you applied via ASBA (bank), the amount gets unblocked within 1–2 working days. If your money hasn't been released 3 days after the refund date, contact your bank or broker.
Congratulations! Defrail Technologies IPO shares will be credited to your demat account on January 15, 2026 — that's the day before listing. The IPO lists on January 16, 2026 on BSE. If you don't see the shares in your holdings after the credit date, try refreshing your app or check your CDSL/NSDL statement. Sometimes there's a delay of a few hours.
Defrail Technologies IPO is scheduled to list on January 16, 2026 on BSE SME platform. Whether to sell on listing day depends on the grey market premium (GMP) trend and your own target. Check the latest Defrail Technologies IPO GMP here — it gives a rough sense of where the stock might open, though GMP is unofficial and not a guarantee.
This is one of the most common IPO frustrations — and unfortunately it's normal when an IPO is heavily oversubscribed. Defrail Technologies IPO was subscribed 105.54× overall and 101.28× in the retail category. For oversubscribed retail categories, SEBI mandates a computerised lottery — every valid application (regardless of lot count) gets exactly one ticket in the draw. With 101.28× retail subscription, statistically only about 1 in 102 applicants gets allotted. It's not personal — it's pure chance. Your best move: apply from multiple family member accounts (each person must apply separately) to improve your household's probability.
For retail investors in oversubscribed IPOs, applying for 1 lot gives the same allotment probability as applying for the maximum. Here's why: SEBI's lottery system gives each retail application — not each lot — one entry in the draw. So whether you apply for 1 lot or 13 lots, your odds of getting allotted are identical. The only difference is the amount of money that gets blocked in your account. The smart strategy: apply for the minimum 1 lot from multiple family member demat accounts to maximize your household's chances without locking up extra capital. For Defrail Technologies IPO, minimum investment is ₹118,400 (1 lot at upper price band).
The Defrail Technologies IPO IPO allotment process decides which investors receive shares — and how many. It's governed by SEBI regulations, carried out by a SEBI-registered registrar (Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370)), and the results are published on the stock exchanges for full transparency. The basis of allotment for this IPO is January 14, 2026.
After the subscription window closes, the registrar collects all valid bids and applies SEBI's allotment rules separately for each investor category:
Defrail Technologies IPO closed with 105.54× overall subscription — retail at 101.28×, QIB at 71.09×, NII at 160.95×. With retail subscribed 101.28×, statistically only about 1 in 102 retail applicants will be allotted. Your allotment isn't guaranteed — it depends entirely on the lottery draw. Estimated allotment probability: Very Low.
Basis of Allotment Finalised
Jan 14, 2026 — the registrar submits allotment data to BSE/NSE. This document is publicly available on the exchange websites.
Refunds Initiated
Jan 15, 2026 — unsuccessful applicants have their blocked amount released. UPI mandates are automatically revoked; ASBA unblocks within 1–2 working days.
Shares Credited to Demat
Jan 15, 2026 — allotted shares appear in your demat account holdings, one business day before listing.
Listing Day
Jan 16, 2026 — the stock lists on BSE SME platform. You can sell on the same day (T+0 settlement) or hold for the long term.
Maashitla Securities Private Limited (SEBI Reg. No.: INR000004370)
IPO Registrar & Transfer Agent
Subscription Opens Done
Jan 09, 2026Subscription Closes Done
Jan 13, 2026Basis of Allotment Done
Jan 14, 2026Refunds Initiated Done
Jan 15, 2026Demat Credit Done
Jan 15, 2026Listing on BSE Done
Jan 16, 2026Only 1 lot likely via lottery if selected. Based on retail subscription of 101.28×.
Retail allotment in oversubscribed IPOs is done via computerised lottery — each valid application has equal odds regardless of lot size applied.
View Full Subscription Data