Defrail Technologies IPO Subscription Status
The Defrail Technologies IPO has been subscribed 98.19x times overall. Retail investors have shown interest with bids for 101.28x the shares available. The Non-Institutional Investor (NII) category has been subscribed 119.38x. Qualified Institutional Buyers (QIBs) have subscribed 71.09x. Data last updated on 09 Apr, 05:56 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 09 Jan, 2026 and closes on 13 Jan, 2026. The shares are expected to list on stock exchanges on 16 Jan, 2026.
Table of Contents
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
QIB
|
3,55,200 | - |
-
of 3,55,200
|
71.09x |
|
NII
|
3,63,200 | - |
-
of 3,63,200
|
119.38x |
|
Retail
|
6,24,000 | - |
-
of 6,24,000
|
101.28x |
| TOTAL | 13,42,400 | - |
-
-
|
98.19x |
Last Updated: 09 Apr 2026, 05:56 PM
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 102 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 71.09x. This often signals long-term confidence from professional funds.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
13 Jan 2026
DAY 3
|
-
|
||
|
QIB
-x
NII
-x
Retail
-x
|
|||
|
12 Jan 2026
DAY 2
|
-
|
||
|
QIB
-x
NII
-x
Retail
-x
|
|||
|
09 Jan 2026
DAY 1
|
0.08x
|
||
|
QIB
0.00x
NII
0.00x
Retail
0.18x
|
|||
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Defrail Technologies IPO Allotment Probability
Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.
What Does This Subscription Data Mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Defrail Technologies IPO?
As of IPO close date (13 Jan, 2026), the Defrail Technologies IPO is subscribed 98.19x times. Retail category is 101.28x, and NII is 119.38x subscribed.
When is the allotment date for Defrail Technologies IPO?
The allotment for Defrail Technologies IPO is expected to be finalized on 14 January, 2026.
What is the GMP of Defrail Technologies?
The Grey Market Premium (GMP) for Defrail Technologies is currently ₹10, indicating a potential listing gain of 14%.
When will Defrail Technologies IPO list on the stock market?
Defrail Technologies is scheduled to list on BSE and NSE on 16 January, 2026.
What are the chances of getting allotment in Defrail Technologies IPO?
The retail category is oversubscribed at 101.28x, meaning allotment is by lottery. Statistically, approximately 1 in 102 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 71.09x mean for Defrail Technologies IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 71.09x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Defrail Technologies IPO allotment status?
After the allotment date (14 Jan, 2026), you can check your Defrail Technologies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Defrail Technologies IPO Further
Track every stage of this IPO from subscription to listing:
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