Defrail Technologies Limited IPO Details

Incorporated in October 2023, Defrail Technologies Limited is engaged in the business of manufacturing rubber parts and components, including rubber hoses and assemblies, rubber profiles and beadings, and moulded rubber parts. Its products find applications across industries such as automotive, railways, and defence, with the company offering clients both standard products and customized solutions tailored to their operational requirements.

Defrail Technologies traces its origins to 1980 with the establishment of Vikas Rubber Industries, followed by the formation of Impex Hitech Rubber in 2008 to serve B2B customers with expanded capabilities. On April 1, 2024, both businesses were consolidated into Defrail Technologies Limited through Business Transfer Agreements. The company primarily operates on a B2B model, supplying bulk orders to clients in the automotive sector, while also catering to the B2G segment, supplying products directly to government authorities such as Indian Railways and Defence.

The company operates two manufacturing plants in Faridabad, Haryana:

• Neemka, Tigaon Road, Sector 71 (2,420 sq. yards)

• Sector 24, Faridabad (4,833.33 sq. yards)

These facilities are equipped with advanced machinery enabling production of a wide range of rubber products, including diesel and petroleum hose pipes, LPG hose pipes, nylon tubes, gaskets, grommets, air intake hoses, EPDM profiles, sponges, and aluminium window rubber beadings.

The company is ISO 9001:2015 certified for quality management systems and is registered as a seller on the Government e-Marketplace (GeM), enabling participation in government procurement tenders and vendor contracts.