Gabion Technologies
Gabion Technologies India's ₹29 crore IPO is open from January 6 to January 8, 2026, with a price band of ₹76 to ₹81 per share and a BSE listing scheduled for January 13. Despite a slight revenue dip in 2025, the company's profit grew to ₹6.63 crores, leading analysts to recommend the issue for long-term investment.
Complete IPO information
| Current GMP | ₹8 |
|---|---|
| Estimated Listing Gain | +9.88% |
| Price Band | ₹76.00 - ₹81.00 |
| Issue Price | ₹81.00 |
| Listing Price | ₹89.00 |
| Lot Size | 1,600 Shares |
| Issue Type | SME |
| Issue Size | TBA |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | 13 Jan 2026 |
| Minimum Investment | ₹2,59,200 |
IPO roadmap at a glance
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 13 Jan 2026 | ₹31.00 | +₹1.00 | 38.27% |
| 07 Jan 2026 | ₹30.00 | - | 37.04% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,59,200 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,59,200 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹3,88,800 |
| S-HNI Maximum | 7 Lot | 11,200 | ₹9,07,200 |
| B-HNI Minimum | 8 Lot | 12,800 | ₹10,36,800 |
Gabion Technologies India IPO Details
| IPO Open Date | January 6, 2026 |
| IPO Close Date | January 8, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹76 to ₹81 Per Share |
| Issue Size | Approx ₹29 Crores |
| Fresh Issue | Approx ₹29 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
Gabion Technologies India IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,59,200 |
| Retail Maximum | 2 | 3,200 | ₹2,59,200 |
| S-HNI Minimum | 3 | 4,800 | ₹3,88,800 |
| S-HNI Maximum | 7 | 11,200 | ₹9,07,200 |
| B-HNI Minimum | 8 | 12,800 | ₹10,36,800 |
IPO Reservation
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | 10,22,400 Shares | 28.40% |
| QIB (Ex. Anchor) | 6,83,200 Shares | 18.98% |
| NII Shares Offered | 5,13,600 Shares | 14.27% |
| Retail Shares Offered | 12,00,000 Shares | 33.33% |
Gabion Technologies India IPO Anchor Investors
| Anchor Bidding Date | January 5, 2026 |
| Shares Offered | 10,22,400 Shares |
| Anchor Size | ₹8.28 Cr. |
| Lock-in Period (50% – 30 Days) | February 8, 2026 |
| Lock-in Period (50% – 90 Days) | April 9, 2026 |
Gabion Technologies India IPO Dates
| IPO Open Date | January 6, 2026 |
| IPO Close Date | January 8, 2026 |
| Basis of Allotment | January 9, 2026 |
| Refunds | January 12, 2026 |
| Credit to Demat Account | January 12, 2026 |
| IPO Listing Date | January 13, 2026 |
| IPO Bidding Cut-off Time | January 8, 2026 – 5 PM |
Promoters and Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 99,75,360 | 100.00% |
| Promoter Holding Post Issue | 1,35,75,360 | – |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Amount (₹ in Crores) |
|---|---|
| Working Capital Requirements | ₹22.11 |
| Meeting Capex Requirements for purchasing of plant and machinery | ₹1.06 |
| General Corporate Purpose | – |
About Gabion Technologies India IPO
Gabion Technologies India Limited, founded in February 2008, is involved in the manufacturing, design, trading, and installation of gabions, Rockfall Protection Nettings, and Geosynthetic Materials. The company manufactures and supplies mechanically woven double-twisted hexagonal steel wire mesh gabions, defence gabions, PP rope gabions, high-tensile rockfall protection nettings, rockfall fences/barriers, reinforced geomats, and high-strength flexible geogrids.
The company provides high-quality products serving various industries like infrastructure, real estate, road, and railway construction, airport runway development, and many more. Gabion Technologies has completed 76 work contracts, which include 36 projects in the road sector, 12 in the railway sector, 8 in the private commercial sector, 9 in the energy sector, 3 in mining, 3 in airports, 3 in defense, and 2 in the water resources sector.
Gabion Technologies India IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹78.88 | ₹74.26 | ₹3.41 | ₹51.77 |
| 2024 | ₹104.97 | ₹97.04 | ₹5.82 | ₹70.12 |
| 2025 | ₹101.17 | ₹92.12 | ₹6.63 | ₹87.52 |
| November 2025 | ₹60.66 | ₹54.83 | ₹4.30 | ₹100.58 |
Gabion Technologies India IPO Valuation - FY2025
| Return on Equity (ROE) | 30.05% |
| Return on Capital Employed (ROCE) | 19.17% |
| EBITDA Margin | 14.89% |
| PAT Margin | 6.60% |
| Debt to Equity Ratio | 2.12 |
| Earning Per Share (EPS) | ₹6.64 (Basic) |
| Price / Earnings (P/E) | N/A |
| Return on Net Worth (RoNW) | 30.05% |
| Net Asset Value (NAV) | ₹22.08 |
Peer Group Comparison
| Company | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Income |
|---|---|---|---|---|---|
| SRM Contractors Limited | 23.97 | 22.40 | 19.96% | 120.09 | ₹542.05 Cr. |