Gabion Technologies India came to market through an SME IPO that opened on 6 January 2026 and closed on 8 January 2026, and the shares listed on 13 January 2026 on BSE SME. The price band was ₹76 to ₹81 per share and one lot was 1600 shares, so the minimum application was ₹1,29,600. The issue size was ₹29.16 crore. The whole issue was fresh shares, so the money raised went to the company.
Kfin Technologies Ltd was the registrar to the issue, and GYR Capital Advisors Pvt.Ltd was the lead manager.
As of 8 January 2026.
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Incorporated in the month of February, 2008, the business of the company involves the production of steel gabions, as well as geosynthetics, geotechnical engineering, and ground improvement.They manufacture Double Twisted Hexagonal Steel Wire Mesh Gabions, Defence Gabions, PP Rope Gabions, Hi-Tensile Rockfall Protection Nettings, Reinforced Geomat, and the High Strength Flexible Geogrid to cater to the services and products of the Government, Contractors, Private Individuals, Consultants, and Authorities associated with the fields of Geosynthetics, Geotechnical Engineering, and Ground Improvement Methods.
The firm caters to different industries such as infrastructure, retaining walls, slopes, rockfall protection, irrigation, and mining.The firm has successfully executed 76 projects with an aggregate contract value of Rs 12,760.59 lakhs, comprising 36 in the roads sector, 12 in the railways sector, 8 in the private and commercial sector, 9 energy sector projects, 3 mining sector projects, 3 airport projects, 3 defense sector projects, and 2 projects related to water resources. Product Portfolio:
• 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 geomembr As of November 30, 2025, the company had a total of 159 full-time employees. Also, they hire contract laborers according to need.
As described in the offer document.
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s. ARS Merchants Private Limited.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Gabion Technologies India IPO was a ₹29.16 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹76–₹81 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,59,200). The IPO was open from January 6 to January 8, 2026 and was subscribed 826.08x. Shares listed on BSE SME on January 13, 2026 at ₹89, a 9.9% premium to the issue price of ₹81. Kfin Technologies Ltd. is the registrar.
GYR Capital Advisors Pvt. Ltd. is the book running lead manager.
The price band of Gabion Technologies India IPO is ₹76 to ₹81 per share.
The lot size of Gabion Technologies India IPO is 1600 shares.
The minimum investment for Gabion Technologies India IPO is approximately ₹2,59,200 based on the upper price band.
The allotment date of Gabion Technologies India IPO is Jan 9, 2026.
Gabion Technologies India IPO's final recorded GMP before listing was ₹30 per share (a 37% premium over the ₹81 upper price band). The shares listed at ₹89. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Gabion Technologies India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Gabion Technologies India IPO allotment status on Rupix for quick and easy access.
₹76 to ₹81 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,29,600. After listing, SME shares also trade in lots rather than one share at a time.
₹1,29,600, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 6 January 2026 and closed on 8 January 2026.
The basis of allotment was published on 9 January 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 13 January 2026 on BSE SME.
The issue size was ₹29.16 crore. The fresh issue was 36,00,000 shares (aggregating up to ₹29.16 crore).