Defrail Technologies Shares Surge 35% on Debut

Defrail Technologies, a company that makes rubber parts for cars, trains, and defense, had its first day of trading on the stock market on January 19, 2026.

Its shares started at ₹95, which is 35% higher than the price set before the listing.

This was much higher than what people expected, and the stock even reached its highest allowed price of ₹99.75.

The company raised ₹13.77 crore by selling new shares, and there was a lot of interest, with people wanting to buy 106 times more shares than were available.

Defrail Technologies makes things like rubber hoses and other parts, and it has been doing well, with its profits and sales increasing a lot in the last year.