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09 Jan, 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.