IPO Listed — 16 Jan 2026
Listing Price: ₹95
Defrail Technologies SME IPO GMP History | Listing Price ₹95 & Kostak Rate
Defrail Technologies SME IPO has been listed on January 16, 2026 at a listing price of ₹95, against the issue price of ₹74 — a gain of ₹21 (+28.38%). The GMP peaked at ₹10 on 16 January 2026 and reached a low of ₹6 on 8 January 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Defrail Technologies SME IPO raised ₹₹13.77 Cr. Cr. through its IPO at a price band of ₹₹70 to ₹74 per share, with a lot size of 1,600 shares. The IPO was open for subscription from 09 Jan 2026 to 13 Jan 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Jan 2026 | ₹ 10 | 14% | ₹ 0 | ₹ 15200 | |
| 15 Jan 2026 | ₹ 8 | 11% | ₹ 0 | ₹ 9700 | |
| 13 Jan 2026 | ₹ 8 | 11% | ₹ 0 | ₹ 9700 | |
| 08 Jan 2026 | ₹ 6 | 8% | ₹ 0 | ₹ 0 |
Defrail Technologies SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 09 Jan, 2026 |
| Close Date | 13 Jan, 2026 |
| Allotment Date | 14 Jan, 2026 |
| Refund Date | 15 Jan, 2026 |
| Credit to Demat | 15 Jan, 2026 |
| Listing Date | 16 Jan, 2026 |
Defrail Technologies SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹74 |
| Actual Listing Price | ₹95 (+28.38%) |
| Listing Gain / Loss | +₹21 per share |
| Listing Date | 16 Jan, 2026 |
Is Defrail Technologies SME IPO GMP Reliable?
Grey market premium for Defrail Technologies SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Defrail Technologies SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Defrail Technologies SME IPO IPO Kostak Rate Explained
The Kostak rate for Defrail Technologies SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹15200, SHNI: ₹, BHNI: ₹. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Defrail Technologies SME IPO
The company offers a range of services including design, development, and implementation of customised technology solutions, with a focus on efficiency and reliability. Its business model is centred on project-based execution along with long-term client relationships, ensuring repeat business and stable revenue streams. With a customer-centric approach and emphasis on innovation, Defrail Technologies continues to expand its presence across key markets in India.
Frequently Asked Questions about Defrail Technologies SME IPO
What is the GMP of Defrail Technologies SME IPO?
The current Grey Market Premium (GMP) of Defrail Technologies SME IPO is ₹ 10.
What is the Kostak Price of Defrail Technologies SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Defrail Technologies SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of Defrail Technologies SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 15200, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of Defrail Technologies SME IPO?
Defrail Technologies SME IPO listed on January 16, 2026 at ₹95, against the issue price of ₹74 — a gain of +28.38%.
How did the GMP of Defrail Technologies SME IPO trend before listing?
The GMP of Defrail Technologies SME IPO was rising in its final days before listing. The GMP peaked at ₹10 on 16 January 2026. View the day-wise table above for the complete GMP history.
Explore Defrail Technologies SME IPO Further
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