Gabion Technologies was incorporated on February 18, 2008 by its Promoter, Mr. Madhusudan Sarda, and is engaged in the manufacturing, designing, trading, and installation of gabions, rockfall protection nettings, and geosynthetic materials for civil engineering, infrastructure, and environmental protection projects. The Company operates through three key verticals: (i) manufacturing and supply of gabions, rockfall protection systems, and geosynthetic products; (ii) design and execution of gabion structures, slope stabilization, and ground improvement solutions; and (iii) trading of auxiliary and allied products. Gabion Technologies serves a diverse clientele comprising government bodies, private entities, and institutional customers, and offers comprehensive turnkey project execution capabilities.
Price Band₹76 - ₹81 |
Dates06 Jan - 08 Jan |
GMP₹32 (39.51%) |
Subscriptions768.12 times |
Issue Size₹29.16 Crs |
06 Jan 26
08 Jan 26
09 Jan 26
09 Jan 26
12 Jan 26
13 Jan 26
Price Band₹76 - ₹81 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹29.16 Cr (0.36 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹29.16 Cr (0.36 Cr Shares) |
Face Value₹10 per equity share |
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
3,200
2,59,200
Maximum
2
3,200
2,59,200
|
|||
| Small HNI |
Minimum
3
4,800
3,88,800
Maximum
7
11,200
9,07,200
|
|||
| Big HNI |
Minimum
8
12,800
10,36,800
|
|||
Updated as on 08 Jan 2026 | 05:00:00 PM
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 271.13 | 6,83,200 | 18,52,38,400 |
| NII | 1,085.88 | 5,13,600 | 75,40,32,000 |
| bNII (bids above ₹10L) | 1,781.24 | 3,42,400 | 60,98,97,600 |
| sNII (bids between ₹2L to ₹10L) | 841.91 | 1,71,200 | 14,41,34,400 |
| Retail | 867.21 | 12,00,000 | 1,04,06,46,400 |
| Total | 768.12 | 25,77,600 | 1,97,99,16,800 |
The estimated Grey Market Premium of Gabion Technologies IPO is ₹32 per share (39.51%)
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 35% of Net Offer |
| Retail | Not less than 15% of Net Offer |
| Market Maker | 1,80,800 EQ.Shares |
| Particulars | Nov-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 60.42 | 100.36 | 104.76 | 78.76 |
| PAT | 4.30 | 6.62 | 5.76 | 3.41 |
| Net Worth | 26.33 | 22.03 | 15.41 | 9.65 |
| Borrowings | 52.05 | 46.71 | 36.37 | 29.46 |
| Assets | 100.58 | 87.52 | 70.12 | 51.77 |
| NAV (₹) | 26.39 | 22.08 | 15.45 | 9.67 |
| EPS (₹) | 4.31 | 6.64 | 5.78 | 3.42 |
The financial information presented is on a consolidated basis.
| KPI | VALUES |
|---|---|
| EBITDA | 14.89% |
| PAT | 6.60% |
| RONW | 30.05% |
| ROCE | 19.17% |
| Debt to Equity | 2.12 |
| PE Ratio | 12.20 |
| PB Ratio | 3.67 |
| Mkt Cap (in Crs.) | 109.96 |
| Particulars | Gabion Technologies | SRM Contractors |
|---|---|---|
| Revenue | 100.36 | 528.13 |
| PAT | 6.62 | 55.00 |
| EPS (₹) | 6.64 | 23.97 |
| NAV (₹) | 22.08 | 120.09 |
| RONW | 30.05% | 19.96% |
| EBITDA | 14.89% | 17.59% |
| PAT Mrgn | 6.60% | 10.41% |
| PE Ratio | 12.20 | 22.40 |
| Debt to Equity | 2.12 | 0.15 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 24, 2025 for Peers
| Particulars | Gabion Technologies |
|---|---|
| Revenue | 100.36 |
| PAT | 6.62 |
| EPS (₹) | 6.64 |
| NAV (₹) | 22.08 |
| RONW | 30.05% |
| EBITDA | 14.89% |
| PAT Mrgn | 6.60% |
| PE Ratio | 12.20 |
| Debt to Equity | 2.12 |
| SRM Contractors |
|---|
| 528.13 |
| 55.00 |
| 23.97 |
| 120.09 |
| 19.96% |
| 17.59% |
| 10.41% |
| 22.40 |
| 0.15 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 24, 2025 for Peers
| Name | Shareholding |
|---|---|
| Madhusudan Sarda | 56.17% |
| Priyanandini Sarda | 18.73% |
| ARS Merchants Pvt. Ltd. | 18.03% |
| Urvashi Sarda | 7.04% |
| Others | 0.03% |
| Total | 100.00% |
| Name | Designation |
|---|---|
| Madhusudan Sarda | Chairman & MD |
| Deepak Kumar | CFO |
Name: Gabion Technologies India Limited
Address: 38, S/F, Near MCD Park, Mohammadpur, New Delhi, Delhi, India, 110066
Number: 9818793385
Email: compliance@gabionindia.com
Website: https://gabionindia.com/
Frequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Gabion Technologies IPO is a SME IPO having an issue size of Rs. ₹29.16 Crs. Gabion Technologies IPO is priced at ₹76 - ₹81 per share. The issue opens on 06 Jan 26 and closes on 08 Jan 26.
Gabion Technologies IPO opens on 06 Jan 26 and closes on 08 Jan 26.
The estimated Grey Market Premium of Gabion Technologies IPO is ₹32 per share (39.51%).
The minimum lot size of Gabion Technologies IPO is 1600 shares & the minimum application amount is Rs. 129600.
The allotment date of Gabion Technologies IPO is 09 Jan 26.
The listing date of Gabion Technologies IPO is 13 Jan 26.
Gabion Technologies IPO is subscribed 768.12 times.
Gabion Technologies IPO is priced at ₹76 - ₹81 per share.
Click the allotment link on Gabion Technologies IPO page of IPO360.