Description

DEFRAIL TECHNOLOGIES LIMITED announces allocation of 5,18,400 equity shares to anchor investors at Rs. 74 per share in its public issue of 18,60,800 equity shares.

Summary

DEFRAIL TECHNOLOGIES LIMITED has finalized the allocation of 5,18,400 equity shares to anchor investors at Rs. 74 per equity share (including share premium of Rs. 64) as part of its public issue of up to 18,60,800 equity shares of face value Rs. 10 each. The Board of Directors approved this allocation on January 08, 2026, in consultation with the Book Running Lead Managers.

Key Points

  • Total anchor allocation: 5,18,400 equity shares (27.85% of total issue size)
  • Anchor investor allocation price: Rs. 74 per equity share (face value Rs. 10 + premium Rs. 64)
  • Three anchor investors participated in the allocation
  • Longthrive Capital VCC - Trendview Capital Fund received largest allocation at 47.53%
  • If final offer price exceeds Rs. 74, anchor investors must pay the difference
  • Company CIN: U30204HR2023PLC115548, incorporated in 2023

Allocation Details

Anchor Investor Allocations:

  1. Longthrive Capital VCC - Trendview Capital Fund: 2,46,400 shares (47.53%)
  2. Sunrise Investment Trust - Sunrise Investment Opportunities Fund: 1,36,000 shares (26.23%)
  3. Pine OAK Global Fund: 1,36,000 shares (26.23%)

Regulatory Requirements

  • Allocation made in accordance with SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2009, as amended
  • Anchor investors required to pay price differential if final offer price exceeds anchor allocation price of Rs. 74
  • Payment due by pay-in date as specified in revised Confirmation of Allocation Note (CAN)
  • Disclosure made to BSE and SEBI as required

Important Dates

  • January 08, 2026: Board meeting held to finalize anchor investor allocation
  • Pay-in date: To be specified in revised CAN (for any price differential payment)

Impact Assessment

Market Impact: The anchor investor allocation represents strong institutional interest in DEFRAIL TECHNOLOGIES LIMITED’s IPO, with participation from established funds. The anchor allocation of approximately 28% of the total issue size indicates confidence in the company’s prospects.

Price Discovery: The anchor allocation price of Rs. 74 per share sets a reference point for retail price band determination. The participation of quality institutional investors may positively influence retail investor sentiment during the book-building process.

Company Profile: DEFRAIL TECHNOLOGIES LIMITED is a Haryana-based technology company incorporated in 2023, engaged in computer and related activities (as per CIN classification U30204).

Impact Justification

Anchor investor allocation for upcoming IPO affects price discovery and investor sentiment for DEFRAIL TECHNOLOGIES LIMITED public issue