Defrail Technologies IPO Subscription History

As of January 16, 2026, the Defrail Technologies IPO has been subscribed 105.54 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.

The Defrail Technologies IPO subscription window was open from January 09, 2026 to January 13, 2026. Investors could apply through their demat account or ASBA facility.

The Defrail Technologies IPO has a price band of ₹70 to ₹74 per share, with a lot size of 1,600 shares. Minimum retail investment: ₹112,000 (lower band) or ₹118,400 (upper band).

The QIB category has been subscribed 71.09 times. QIBs were offered 355,200 shares. Strong QIB subscription indicates high institutional confidence.

Retail investors subscribed 101.28 times. Retail was offered 624,000 shares. High retail subscription reflects strong small-investor interest.

Overall NII: 160.95×. bNII (>₹10L): 188.30×, sNII (<₹10L): 107.70×. NII includes HNIs and corporate entities investing above ₹2 lakh.

Basis of allotment is on January 14, 2026. Check via the registrar's website, Maashitla Securities Pvt. ltd. using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

Defrail Technologies IPO is expected to list on January 16, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.

A subscription multiple of 105.54× means investors have bid for 105.54 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

Based on the current retail subscription of 101.28×, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

You can apply for Defrail Technologies IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jan 09 to Jan 13, 2026.

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Defrail Technologies IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.