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Past performance
About Defrail Technologies Ltd Defrail Technologies Limited, established in October 2023, specializes in manufacturing rubber components and products for use across diverse industries, including automotive, railways, and defense. The company was formed through the consolidation of Vikas Rubber Industries and Impex Hi-Tech Rubber Private Limited in April 2024, transferring their assets, liabilities, and operations to create a unified corporate entity with two state-of-the-art manufacturing plants located in Faridabad, Haryana.
The company produces a wide range of rubber parts such as Rubber Hose Assemblies, Profiles, Beadings, and Moulded Parts. These products, made from raw materials like Acrylonitrile Butadiene Rubber, Chloroprene Rubber, and Chlorinated Polyethylene, cater to various applications within industrial sectors. Over its history, Defrail Technologies has evolved from serving individual consumer needs through rubber components to focusing on high-demand industries, enhancing production capacity and operational efficiency.
Defrail's origin traces back to 1980 when founder Mr. Dinesh Aggarwal established Vikas Rubber Industries as a sole proprietorship. Expansion over the years, including the establishment of Impex Hi-Tech Rubber Private Limited in 2021, showcased the promoters’ vision of catering to high-growth markets with innovative rubber solutions. The incorporation of Defrail Technologies marks its strategic focus on streamlining and scaling operations to serve larger industrial demands.
Currently, Defrail Technologies is advancing plans for an Initial Public Offering (IPO) to issue 18,62,000 equity shares at Rs. 10 per share, aiming to fund its expansion initiatives. The company’s product portfolio’s versatility and its presence in key sectors position it as a promising player for investors seeking exposure to industries like automotive, railways, and defense.