Gabion Technologies India IPO
Open SmeCurrent GMP
₹31 (+38.27%)
Price Band
₹ 76 – 81
Lot Size
1600
Issue Size
₹29 Cr
Minimum Investment
₹259200 (3200 Shares)
Listing Date
13 January 2026
Subscription
826.08x
About the Company
Gabion Technologies India Limited, incorporated in February 2008, is engaged in the manufacturing of steel gabions and the provision of geosynthetics, geotechnical engineering, and ground improvement solutions across domestic and international markets.
Business Overview
The company specializes in the manufacture and supply of Double Twisted Hexagonal Steel Wire Mesh Gabions, Defence Gabions, PP Rope Gabions, high-tensile rockfall protection nettings, reinforced geomats, and high-strength flexible geogrids. In addition to manufacturing, the company offers comprehensive geotechnical engineering and ground improvement services, catering to government bodies, infrastructure developers, EPC contractors, private enterprises, consultants, and statutory authorities.
Sectoral Presence
Gabion Technologies India Limited serves a wide range of sectors, including:
- Infrastructure and transportation
- Retaining walls and slope stabilization
- Rockfall protection systems
- Irrigation and water resources
- Mining and energy projects
Project Execution
As of the reporting period, the company has successfully completed 76 projects with an aggregate contract value of ₹12,760.59 lakhs, distributed across the following segments:
- Roads: 36 projects
- Railways: 12 projects
- Private commercial developments: 8 projects
- Energy sector: 9 projects
- Mining: 3 projects
- Airports: 3 projects
- Defence: 3 projects
- Water resources: 2 projects
Product Portfolio
The company offers a diversified range of geosynthetic and ground engineering products, including:
- Gabion boxes and revet mattresses
- Double twisted mesh netting and sack gabions
- Tail mesh fascia units
- High-tensile rockfall protection netting and rockfall barriers
- 3D geo-composite geomats and concrete geomats
- Geotextiles (PET, PP, jute) and geobags
- HDPE geomembranes
- PET and PP geogrids
- Coir mats and 3D drain sheets
- Steel anchors
Human Resources
As of November 30, 2025, the company employed 159 full-time personnel. In addition, contractual workers are engaged on a project-specific basis, depending on site requirements and execution schedules.
Promoters
- Mr. Madhusudan Sarda
- Mrs. Urvashi Sarda
- Ms. Priyanandini Sarda
- M/s. ARS Merchants Private Limited
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Working Capital Requirements
- Capital Expenditure Requirements for purchasing of plant and machinery
- General Corporate Purposes
Address / Contact Info
Gabion Technologies India Ltd. Address
38, SF
Near MCD Park
Mohammadpur
New Delhi, New Delhi, 110066
Phone: 9818793385
Email: compliance@gabionindia.com
Website: https://gabionindia.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 06 January 2026
IPO Close Date
Thursday, 08 January 2026
Basis of Allotment
Friday, 09 January 2026
Initiation of Refunds
Monday, 12 January 2026
Credit of Shares to Demat
Monday, 12 January 2026
Listing Date
Tuesday, 13 January 2026 — NSE & BSE
Important Dates
Open Date
06 January 2026
Close Date
08 January 2026
Basis Of Allotment
09 January 2026
Listing Date
13 January 2026
Financial Performance (₹ in Crores)
| Particular | 30 Nov 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 100.58 | 87.52 | 70.12 | 51.77 |
| Revenue | 60.66 | 101.17 | 104.97 | 78.88 |
| Profit After Tax | 4.3 | 6.63 | 5.82 | 3.41 |
| Net Worth | 26.33 | 22.03 | 15.41 | 9.65 |
| Reserve & Surplus | 16.32 | 12.02 | 13.71 | 7.97 |
| Total Borrowings | 52.05 | 46.71 | 36.37 | 29.46 |
EPS Pre
6.65%
EPS Post
4.75%
P/E Pre
12.18
P/E (Post Issue)
17.04x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 19.17 | 21.86 | 14.41 |
| ROCE % | 0 | 0 | 0 |
| Debt / Equity | 2.12 | 2.37 | 3.06 |
| RoNW % | 30.05 | 37.4 | 35.37 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 6.6 | 5.5 | 4.33 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 683200 | 28.5 | 0 |
| Non-Institutional | 513600 | 21.43 | 0 |
| BNII | 342400 | 14.29 | 0 |
| SNII | 171200 | 7.14 | 0 |
| Retail Investors | 1200000 | 50.07 | 0 |
| Total | 2396800 | 100 | 0 |
Subscription Status ( Thu, 08 Jan 26 01:46 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 683200 | 185238400 | 271.13x |
| Non-Institutional | 513600 | 754032000 | 1468.13x |
| Retail Investors | 1200000 | 1040672000 | 867.23x |
| Total | 2396800 | 1979942400 | 826.08x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Gabion Technologies India Ltd | 10 | 0.00 | 6.64 | 6.64 | 30.05 | 22.08 |
| SRM Contractors Ltd | 10 | 22.40 | 23.97 | 23.97 | 19.96 | 120.09 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 259,200.00 |
| Retail (Max) | 2 | 3,200 | 259,200.00 |
| S-HNI (Min) | 3 | 4,800 | 388,800.00 |
| S-HNI (Max) | 7 | 11,200 | 907,200.00 |
| B-HNI (Min) | 8 | 12,800 | 1,036,800.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- GYR Capital Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Gabion Technologies India IPO is a Book-building IPO worth ₹29 crores. The price band is ₹76 to 81 per share. The IPO opens on Tue, Jan 6, 2026 and closes on Thu, Jan 8, 2026. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Gabion Technologies India IPO opens on Tue, Jan 6, 2026 and closes on Thu, Jan 8, 2026
Gabion Technologies India IPO Price Band is ₹76 to 81.
Gabion Technologies India IPO lot size is 1600, and the minimum amount required for application is ₹259200.
The minimum investment for Gabion Technologies India IPO is approximately ₹259200 based on the upper price band.
To apply for the Gabion Technologies India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jan 8, 2026. After submission, funds are blocked until the basis of allotment of Gabion Technologies India IPO is finalised.
Gabion Technologies India IPO issue size is ₹29 crores.
Gabion Technologies India IPO allotment date is Sat, Jun 27, 2026.
The registrar for Gabion Technologies India IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Gabion Technologies India IPO through their official website or helpline.
The Gabion Technologies India IPO GMP (Grey Market Premium) is ₹31 as of Tue, Jan 13, 2026. Based on the upper price band of ₹81 per share, the estimated Gabion Technologies India IPO listing price is ₹112, indicating a potential listing gain of approximately 31% over the issue price.