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GABION · BSE · Geosynthetics and Geotechnical Engineering
Gabion Technologies IPO listed on 13 Jan 2026 on BSE at ₹89.00, a gain of 9.88% over the issue price of ₹81.00. The IPO was subscribed 826.00x overall.
Gabion Technologies IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 06 Jan 2026 |
| IPO Close Date | 08 Jan 2026 |
| Basis of Allotment | 09 Jan 2026 |
| Initiation of Refunds | 12 Jan 2026 |
| Credit of Shares to Demat | 12 Jan 2026 |
| Listing Date | 13 Jan 2026 |
Listing day gain
+9.88%
Listed at ₹89 (issue ₹81)
Issue
₹81
Listing
₹89
Current
₹93.41
+15.32% vs issue
Day range
₹84.55 – ₹93.45
Issue Size
3,600,000 shares
(aggregating up to ₹29.00 Cr)
Issue Price
₹76 – ₹81
Face Value
₹10/share
Market Lot
1,600 shares
Retail Min Investment
₹259,200
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
[.]
Offer for Sale
[.]
Reserved for Market Maker
180,800 shares
(aggregating up to ₹1.46 Cr)
Issue Type
book building
Open Date
06 Jan
Close Date
08 Jan
Allotment
09 Jan
Listing
13 Jan
Last updated: 8 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 13 Jan 2026 Latest | ₹81 | ₹31 | ₹112 | ₹31 |
38.27%
|
5:13 PM |
| 12 Jan 2026 | ₹81 | ₹31 | ₹112 | ₹31 |
38.27%
|
5:12 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 08 Jan 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 271.13x | 427 |
| NII | 1,467.78x | 321 |
| bNII (bids above ₹10L) | 1,780.71x | 214 |
| sNII (bids below ₹10L) | 841.91x | 107 |
| Retail Investors | 867.23x | 750 |
| Total | 826x | 1,819 |
Showing the latest subscription snapshot.
View full subscription historyThe Promoters of the company are Mr. Madhusudan Sarda, Mrs. Urvashi Sarda, Ms. Priyanandini Sarda and M/s. ARS Merchants Private Limited.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹259,200 |
| Retail (Max) | 2 | 3,200 | ₹259,200 |
| S-HNI (Min) | 3 | 4,800 | ₹388,800 |
| S-HNI (Max) | 7 | 11,200 | ₹907,200 |
| B-HNI (Min) | 8 | 12,800 | ₹1,036,800 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 1,705,600 (47.38%) |
|
•
Anchor Investor Shares Offered
|
1,022,400 (28.40%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
683,200 (18.98%) |
| NII (HNI) Shares Offered | 513,600 (14.27%) |
|
•
bNII > ₹10L
|
342,400 (9.51%) |
|
•
sNII < ₹10L
|
171,200 (4.76%) |
| Retail Shares Offered | 1,200,000 (33.33%) |
| Market Maker Shares Offered | 180,800 (5.02%) |
| Total Shares Offered | 3,600,000 (100.00%) |
Gabion Technologies India Limited is an integrated manufacturer, solution provider, and works contractor specializing in steel wire mesh gabions, rockfall protection systems, geosynthetics, and geotechnical solutions for infrastructure sectors like roads, railways, defence, energy, mining, airports, and water resources. It offers end-to-end services including design, supply, installation, and turnkey projects, with presence mainly in Northern/Eastern India and exports (e.g., Bhutan).
Growth: Revenue from operations grew from ₹78.76 Cr in FY23 to ₹104.76 Cr in FY24 (33% YoY), then ₹100.36 Cr in FY25 (slight decline but strong margins); PAT rose from ₹3.41 Cr to ₹5.76 Cr to ₹6.62 Cr (CAGR ~39%); robust order book of ₹172.47 Cr as of Nov 2025, with capacity utilization ~93%.
Key Strengths: In-house manufacturing and engineering expertise, diversified product portfolio, strong government/private client base, long-standing relationships, high EBITDA/PAT margins (improving to 14.89%/6.60% in FY25), certifications (ISO, BIS), innovations (e.g., collaborations with IITs), and healthy pre-qualification for large projects.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 78.88 | 104.97 | 101.17 |
| Profit After Tax (PAT) | 3.41 | 5.82 | 6.63 |
| EBITDA | 6.39 | 13.16 | 15.06 |
| Total Assets | 51.77 | 70.12 | 87.52 |
| Net Worth | 9.65 | 15.41 | 22.03 |
| Reserves & Surplus | 7.97 | 13.71 | 12.02 |
| Total Borrowing | 29.46 | 36.37 | 46.71 |
Revenue & Profit Trend
The basis of allotment for Gabion Technologies IPO was finalised on 09 Jan 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Gabion Technologies IPO is expected to open in Jan 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Gabion Technologies IPO is ₹76.00 - ₹81.00 per share.
As per market sources, Gabion Technologies IPO GMP is currently ₹31.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Gabion Technologies IPO stands at 826.00x overall.
The listing date for Gabion Technologies IPO is 13 Jan 2026.
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