Defrail Technologies SME IPO Subscription
ListedUpdated 16 January 2026, 9:15 AM IST· BSE SME
Defrail Technologies SME IPO subscription closed on 13 January 2026 at 105.61x overall by shares. QIB demand came in at 71.09x, NII at 161.30x, and retail at 101.28x. See Retail, SHNI, and BHNI allotment chances in the…
Defrail Technologies SME IPO subscription closed on 13 January 2026 at 105.61x overall by shares. QIB demand came in at 71.09x, NII at 161.30x, and retail at 101.28x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 14 January 2026. Listing date on NSE and BSE is 16 January 2026.
Defrail Technologies SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 9 Jan 2026 | 0.00x | 0.88x | 1.22x | 0.80x |
| Day 2 - 12 Jan 2026 | 0.00x | 12.10x | 18.08x | 11.64x |
| Day 3 - 13 Jan 2026 | 71.09x | 160.95x | 101.28x | 105.54x |
Defrail Technologies SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Defrail Technologies SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 101.28x | 1 in 101 |
| SHNI (Rs 2L to Rs 10L) | 100.37x | 1 in 100 |
| BHNI (above Rs 10L) | 62.00x | 1 in 62 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Defrail Technologies SME IPO Allotment Status page from 14 January 2026 for your result.
Defrail Technologies SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 74.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 2.63 Cr | Rs 186.85 Cr | 71.09x |
| FII | - | Rs 52.51 Cr | - |
| DFI | - | Rs 3.55 L | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 134.30 Cr | - |
| NII | Rs 1.99 Cr | Rs 320.85 Cr | 161.30x |
| bNII (above Rs 10L) | Rs 1.33 Cr | Rs 248.17 Cr | 187.14x |
| Corporate | - | Rs 11.05 Cr | - |
| Individual | - | Rs 234.17 Cr | - |
| Other | - | Rs 2.95 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 66.30 L | Rs 72.69 Cr | 109.63x |
| Corporate | - | Rs 1.53 Cr | - |
| Individual | - | Rs 70.37 Cr | - |
| Other | - | Rs 79.33 L | - |
| IND | Rs 4.62 Cr | Rs 467.66 Cr | 101.28x |
| Fixed price | - | Rs 467.66 Cr | - |
| Total | Rs 9.24 Cr | Rs 975.36 Cr | 105.61x |
Defrail Technologies SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 222 | 30 | 0.14x |
| FII | - | 8 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 21 | - |
| NII | 56 | 4,201 | 75.02x |
| bNII (above Rs 10L) | 37 | 2,294 | 62.00x |
| Corporate | - | 98 | - |
| Individual | - | 2,171 | - |
| Other | - | 25 | - |
| sNII (Rs 2L to Rs 10L) | 19 | 1,907 | 100.37x |
| Corporate | - | 42 | - |
| Individual | - | 1,843 | - |
| Other | - | 22 | - |
| IND | 195 | 19,749 | 101.28x |
| Fixed price | - | 19,749 | - |
| Total | 473 | 23,980 | 50.70x |
What Do These Subscription Numbers Mean?
105.61x overall by shares means bids covered about 106 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 71.09x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (75.02x by applications). Split: SHNI 100.37x, BHNI 62.00x by applications. SHNI and BHNI allotment is by lottery.
At 101.28x subscription by applications, about 1 in 101 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Defrail Technologies SME IPO GMP After Subscription
GMP for Defrail Technologies SME stands at Rs 17.00 today, giving an estimated listing price of Rs 91.00 per share.
A subscription of 105.61x combined with a GMP of 22.97% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Defrail Technologies SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Defrail Technologies SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 9 January 2026 |
| IPO Close Date | 13 January 2026 |
| Allotment Date | 14 January 2026 |
| Refund Initiation | 15 January 2026 |
| Share Credit to Demat | 15 January 2026 |
| Listing Date | 16 January 2026 |
| Minimum Investment | Rs 2,36,800.00 |
| Lot Size | 1600 shares |
About Defrail Technologies SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Defrail Technologies SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Defrail Technologies SME Details
Issue size, price, financials, and company info
Defrail Technologies SME GMP
Live grey market premium and listing estimate
Defrail Technologies SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Defrail Technologies SME Allotment
Allotment date, chances, and check by PAN
Defrail Technologies SME Review
SWOT, strengths, risks, and IPO review
Defrail Technologies SME FAQ
Common questions on dates, GMP, and allotment
Defrail Technologies SME Registrar
Registrar website and how to check allotment
Defrail Technologies SME Timeline
Open, close, allotment, and listing dates
Defrail Technologies SME News
Updates, blogs, and latest IPO news
Defrail Technologies SME IPO Subscription FAQs
What is Defrail Technologies SME IPO subscription status today?
Defrail Technologies SME IPO subscription closed on 13 January 2026 with overall subscription of 105.61x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 71.09x, NII 75.02x, IND 101.28x.
What is the overall subscription of Defrail Technologies SME IPO?
Defrail Technologies SME IPO is subscribed 105.61x overall by shares at close on 13 January 2026. QIB 71.09x, NII 75.02x, and IND 101.28x.
What is Defrail Technologies SME IPO QIB subscription?
Defrail Technologies SME IPO QIB (Qualified Institutional Buyers) subscription is 71.09x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Defrail Technologies SME IPO IND subscription?
Defrail Technologies SME IPO IND subscription is 101.28x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Defrail Technologies SME IPO NII, SHNI, and BHNI subscription?
Defrail Technologies SME IPO NII subscription is 75.02x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 100.37x and BHNI (above Rs 10L) at 62.00x.
What are Defrail Technologies SME IPO retail allotment chances?
At 101.28x subscription by applications, about 1 in 101 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Defrail Technologies SME IPO SHNI allotment chances?
At 100.37x subscription by applications, about 1 in 100 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 109.63x. Allotment chances use applications, not share volume.
What are Defrail Technologies SME IPO BHNI allotment chances?
At 62.00x subscription by applications, about 1 in 62 BHNI applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 187.14x. Allotment chances use applications, not share volume.
When is Defrail Technologies SME IPO allotment date?
Defrail Technologies SME IPO allotment date is 14 January 2026. Check Defrail Technologies SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Defrail Technologies SME IPO subscription close?
Defrail Technologies SME IPO subscription closed on 13 January 2026. No new applications are accepted after the close.
What is Defrail Technologies SME IPO GMP today?
Defrail Technologies SME IPO GMP is ₹17 today (+22.97% over issue price ₹74). See live GMP on the Defrail Technologies SME IPO GMP Today page.
What is Defrail Technologies SME IPO issue price and lot size?
Defrail Technologies SME IPO issue price is ₹74 per share. Lot size is 1600 shares. Minimum investment is ₹2,36,800 per lot (minimum 2 lots for SME). Issue size: ₹13.07 Cr.
When is Defrail Technologies SME IPO listing date?
Defrail Technologies SME IPO listing date is 16 January 2026 on NSE and BSE. Allotment is on 14 January 2026.
How does subscription affect Defrail Technologies SME IPO allotment?
In Defrail Technologies SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 105.61x overall, competition is very high.
For allotment results from 14 January 2026, visit the Defrail Technologies SME IPO Allotment Status page. For listing day updates on 16 January 2026, download the IPOwiz App.
Sources
We match Defrail Technologies SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.