Gabion Technologies India Limited IPO

Gabion Technologies India Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹76 - ₹81

Total Issue

₹29.16 Cr

Bid Dates

06 Jan - 08 Jan

Subscription

768.12x

Est. GMP

₹32 (39.51%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Gabion Technologies IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹2,59,200
Individual (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
Market Maker
1,80,800 EQ.Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹29.16 Cr
Fresh Issue
₹29.16 Cr (0.36 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. Working Capital Requirements
  2. Capital Expenditure Requirements for purchasing of plant and machinery
  3. General Corporate Purposes

Grey Market Premium

GMP ₹32
Est. Price ₹113
Est. Gain 39.51%

Gabion Technologies IPO Peer Comparison

(Rs. in crores)

Gabion Technologies IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Gabion Technologies IPO
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

KPIs

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

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

Madhusudan Sarda 56.17%
Priyanandini Sarda 18.73%
ARS Merchants Pvt. Ltd. 18.03%
Urvashi Sarda 7.04%
Others 0.03%

Management

Madhusudan Sarda Chairman & MD
Deepak Kumar CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Lead Managers (1)

GYR Capital GYR Capital

Subscription Status

Updated as on 08 Jan 2026 | 05:00:00 PM

BSE SME Subscription Status for Gabion Technologies IPO
Category Sub (x) Offered Bids
QIB 271.13x 6,83,200 18,52,38,400
NII 1,085.88x 5,13,600 75,40,32,000
bHNI 1,781.24x 3,42,400 60,98,97,600
sHNI 841.91x 1,71,200 14,41,34,400
Retail 867.21x 12,00,000 1,04,06,46,400
Total 768.12 25,77,600 1,97,99,16,800

Frequently Asked Questions

What is Gabion Technologies IPO?
Gabion Technologies IPO is a SME IPO having an issue size of ₹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.
When will Gabion Technologies IPO open?
Gabion Technologies IPO opens on 06 Jan 26 and closes on 08 Jan 26.
What is the GMP of Gabion Technologies IPO?
The estimated Grey Market Premium of Gabion Technologies IPO is ₹32 per share (39.51%).
What is the lot size of Gabion Technologies IPO?
The minimum lot size of Gabion Technologies IPO is 1600 shares & the minimum application amount is Rs. 129600.
When is the allotment of Gabion Technologies IPO?
The allotment date of Gabion Technologies IPO is 09 Jan 26.
What is the listing date of Gabion Technologies IPO?
The listing date of Gabion Technologies IPO is 13 Jan 26.
What is the subscription of Gabion Technologies IPO?
Gabion Technologies IPO is subscribed 768.12 times.
What is the price band of Gabion Technologies IPO?
Gabion Technologies IPO is priced at ₹76 - ₹81 per share.
How to check allotment status of Gabion Technologies IPO?
Click the allotment link on Gabion Technologies IPO page of IPO360.
How to apply Gabion Technologies IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Gabion Technologies IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Gabion Technologies IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Gabion Technologies IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date