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    <title>Defrail Technologies Limited Debuts on BSE SME with 28.38% Listing Gains</title>
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    <description>Defrail Technologies completed a 100% fresh issue IPO on the BSE SME, listing at Rs. 95 per share (28.38% premium over Rs. 74 issue price), issuing 18,60,800 equity shares to raise Rs. 13.77 crore. Proceeds are to be used for capital expenditure, general corporate purposes, and issue expenses to strengthen manufacturing infrastructure and expand capacity. Management and the book-running lead manager highlighted investor confidence and the company&#039;s growth focus; named intermediaries include the book-running lead manager, registrar, and market maker.</description>
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