Striders Impex IPO...
20 Feb, 2026
Gabion Technologies IPO
Gabion Technologies IPO is a book-built SME issue of ₹29.16 crore, entirely a fresh issue of 36 lakh equity shares. The IPO opens for subscription on January 6, 2026 and closes on January 8, 2026, with a tentative listing on BSE SME on January 13, 2026. The price band is ₹76–₹81 per share and the lot size is 1,600 shares; retail investors need a minimum of 2 lots (3,200 shares), making the minimum investment ₹2,59,200 at the upper price band.
Company Background
Gabion Technologies India Limited operates as a steel gabion manufacturer and provider of geosynthetics, geotechnical engineering and ground improvement solutions for infrastructure projects in India and internationally. Founded in 2008 and headquartered in New Delhi, the company has a production facility at Paonta Sahib, Himachal Pradesh. It provides end-to-end solutions including design, supply, trading and installation of products such as double twisted hexagonal steel wire mesh gabions, rockfall protection nettings, reinforced geomats and high-strength geogrids. Its products are used by governments, contractors and individuals, offering solutions for slope stabilisation, erosion control, river training, retaining structures, irrigation for agriculture, mining and environmental protection.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Gabion Technologies IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Gabion Technologies IPO Details
| Detail | Description |
|---|---|
| IPO Date | 6 January, 2026 & 8 January, 2026 |
| Listing Date | Tuesday, 13 January, 2026 |
| Face Value | ₹10 per equity share |
| Issue Price Band | ₹76 – ₹81 per share |
| Lot Size | 1,600 equity shares |
| Sale Type | Fresh Issue of Equity Shares |
| Total Issue Size | 36,00,000 equity shares (aggregating up to ₹29 crore) |
| Reserved for Market Maker | 1,80,800 equity shares (aggregating up to ₹1 crore) |
| Net Offered to Public | 34,19,200 equity shares (aggregating up to ₹28 crore) |
| Issue Type | Book Building IPO |
| Equity Share Capital (Pre-Issue) | 99,75,360 equity shares |
| Equity Share Capital (Post-Issue) | 1,35,75,360 equity shares |
Gabion Technologies IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | 6 January, 2026 |
| IPO Close Date | 8 January, 2026 |
| Basis of Allotment | Friday, 9 January, 2026 |
| Initiation of Refunds | Monday, 12 January, 2026 |
| Credit of Shares to Demat | Monday, 12 January, 2026 |
| Listing Date | Tuesday, 13 January, 2026 |
Gabion Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,59,200 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,59,200 |
| S-HNI (Min) | 3 | 4,800 | ₹3,88,800 |
| S-HNI (Max) | 7 | 11,200 | ₹9,07,200 |
| B-HNI (Min) | 8 | 12,800 | ₹10,36,800 |
Gabion Technologies IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | - |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • End-to-end capabilities in manufacturing, design, supply, and installation of geosynthetic and gabion products, enabling comprehensive solutions for complex infrastructure and erosion control projects.
- • A portfolio of products ranging from steel gabions, our flagship product, to defence gabions, rockfall barriers and geomats that satisfy the needs of government infrastructure projects on the one hand, to private sector requirements where specialized design is required.
- •The deal strength focused on operational units with in-house production in Himachal Pradesh, long-term client relationships and varied exposure towards sectors such as highways, railways, mining and environmental works across both domestic and export markets.
Gabion Technologies IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Nov 2025 | 100.58 | 60.66 | 4.3 | 26.33 | 16.32 | 52.05 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 88 | 101 | 7 | 22 | 12.02 | 46.71 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 70.12 | 104.97 | 5.82 | 15.41 | 13.71 | 36.37 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 51.77 | 78.88 | 3.41 | 9.65 | 7.97 | 29.46 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 19.17% |
| Debt/Equity | 2.12 |
| RoNW | 30.05% |
| PAT Margin | 6.60% |
| EBITDA Margin | 14.89% |
| Price to Book Value | 3.67 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.65 | 5 |
| P/E (x) | 12.18 | 17 |
Conclusion
The Gabion Technologies India IPO offers a chance to invest in a niche geotechnical engineering company focused on critical infrastructure protection aligned with India’s infrastructure push. The IPO proceeds will be used for working capital requirements (₹22.11 crore), procurement of plant and machinery (₹1.06 crore) and general corporate purposes, positioning the company for capacity expansion and operational scaling in sectors linked to government capex and environmental projects.
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