Allotment

Gabion Technologies India Limited is set to open its IPO on January 6, 2026, with the issue closing on January 8, 2026. The company plans to raise approximately ₹29 crores through a book-building issue, comprising a fresh issue of ₹29 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each. The IPO price band is ₹76 to ₹81 per share, with allocation of 35% for retail investors, 50% for QIBs, and 15% for HNIs. The allotment is scheduled for January 9, 2026, and the shares are expected to list on BSE on January 13, 2026.
Financially, the company reported revenue of ₹101.17 crores in FY 2025, slightly down from ₹104.97 crores in FY 2024, while profit after tax (PAT) rose to ₹6.63 crores, compared to ₹5.82 crores in the previous year. This reflects stable profitability despite a minor drop in revenue.
Based on its financial performance and market position, the IPO is suitable for investors with a long-term perspective, aiming to participate in a company with consistent earnings and growth potential
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| IPO Date | 13 Jan |
| IPO Listing Date | 13 Jan |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹81.00 |
| IPO Issue Size | 36,00,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 99,75,360 shares |
| IPO Open Date | 6 Jan |
| IPO Close Date | 8 Jan |
| IPO Allotment (Tentative) | 9 Jan |
| Refunds | 12 Jan |
| Credit to Demat Account | 12 Jan |
| IPO Listing Date | 13 Jan |
| Category | Offer |
|---|---|
| QIB Shares Offered | 17,05,600 |
| NII (HNI) Shares Offered | 5,13,600 |
| Retail Shares Offered | 12,00,000 |
Investors can bid for a minimum of 3,200 shares, and thereafter in multiples of 1,600 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,59,200 |
| 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 |
Incorporated in February 2008, Gabion Technologies India Limited specializes in manufacturing steel gabions and providing geosynthetics, geotechnical engineering, and ground improvement services for projects worldwide. The company serves government agencies, contractors, private clients, and consultants, offering products and services across infrastructure, retaining walls, slopes, rockfall protection, irrigation, and mining sectors.
Product Portfolio:
Gabion Technologies manufactures a wide range of products, including:
Gabion boxes, revet mattresses, DT mesh netting, sack gabions, tailmesh fascia units
High-tensile rockfall protection netting, 3D geo-composite geomats, rockfall barriers, geotextiles, geobags
HDPE geomembranes, PET and PP geogrids, jute geotextiles, coir mats, 3D drain sheets, concrete geomats, steel anchors
Project Experience:
The company has successfully completed 76 projects with a total contract value of ₹127.61 crores, including roads (36), railways (12), private commercial (8), energy (9), mining (3), airports (3), defence (3), and water resources (2).
Workforce and Capabilities:
As of November 30, 2025, Gabion Technologies had 159 full-time employees, supplemented with contractual staff as required for site operations. The company maintains an in-house experienced design and execution team, ensuring high-quality delivery, competitive pricing, and timely fulfillment of specialized contracts.
Competitive Strengths:
Wide customer base with long-term relationships
Adoption of new products and advanced technologies
Adequate inventory to ensure timely delivery
Strong focus on quality assurance and project execution
| Assets | 100.58 | 87.52 | 70.12 |
| Total Income | 60.66 | 101.17 | 104.97 |
| Profit After Tax | 4.3 | 6.63 | 5.82 |
| EBITDA | 10.76 | 15.06 | 13.16 |
| NET Worth | 26.33 | 22.03 | 15.41 |
| Reserves and Surplus | 16.32 | 12.02 | 13.71 |
| Total Borrowing | 52.05 | 46.71 | 36.37 |
| ROE | - |
| ROCE | 19.17% |
| Debt/Equity | 2.12 |
| RoNW | 30.05% |
| PAT Margin | 6.60% |
| EBITDA Margin | 14.89% |
| Price to Book Value | 3.67 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 1.06 |
| 2 | To meet out the expenses of Working Capital Requirement | 22.11 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Gabion Technologies India Ltd. Address
38, SF
Near MCD Park
Mohammadpur
New Delhi, New Delhi, 110066
9818793385
compliance@gabionindia.com
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
gabion.ipo@kfintech.com
Gabion Technologies plans to raise approximately ₹29 crore through a book-building IPO, priced in the range of ₹76 to ₹81 per share.
Retail investors must apply for at least 3,200 shares, requiring a minimum investment of around ₹2.59 lakh at the upper price band.
The IPO proceeds will primarily be used to meet working capital requirements, purchase plant and machinery, and support general corporate purposes.
Despite marginal revenue decline, the company reported improved profitability with FY2025 PAT of ₹6.63 crore, reflecting stable operations and cost management efficiency.
Gabion Technologies provides steel gabions and geotechnical solutions for infrastructure, railways, mining, defence, irrigation, and slope protection projects globally.