Gabion Technologies is set to list on January 13, 2026, after its IPO witnessed strong subscription numbers. The IPO opened on January 6, 2026, and closed on January 8, 2026, with the price band fixed at ₹76 to ₹81 per share. The IPO consisted of a fresh issue of 0.36 crore shares, amounting to ₹29.16 crore.
Grey Market Premium (GMP)
Ahead of the listing, the Grey Market Premium (GMP) for Gabion Technologies IPO is around ₹35, translating to potential listing gains of over 40%. Earlier, the GMP had been hovering between ₹18 and ₹25 per share, indicating listing gains of around 25%-30%. According to InvestorGain, the GMP stood at ₹32 on January 9, 2026, at 9:39 a.m., which indicated an estimated listing price of ₹113, or a gain of about 39.51% per share. However, it's important to note that GMP is speculative and not an official indicator.
IPO Subscription Details
The IPO saw substantial investor interest, being oversubscribed by 826 times overall. Specifically, the IPO attracted bids for 1,97,97,61,600 shares against the 23,96,800 shares on offer during the subscription period. The Non-Institutional Investors (NIIs) category was subscribed 1,467.78 times, while the retail portion was booked 867.23 times. Qualified Institutional Buyers (QIBs) also showed strong participation, subscribing their category 271.13 times.
How to Check Allotment Status
The allotment for the Gabion Technologies IPO was finalized on January 9, 2026. Applicants can check their allotment status through the following methods:
- BSE Website:
- Visit the BSE IPO allotment page.
- Select 'Equity' under the issue type field.
- Choose 'Gabion Technologies India Limited' from the issue name dropdown.
- Enter your application number or PAN.
- Complete the captcha verification and click 'Search' to view your allotment status.
- KFin Technologies Website:
- Go to the KFin Technologies IPO allotment page.
- Select 'Gabion Technologies India Ltd' from the IPO name dropdown.
- Choose an identification method: PAN, Application Number, or Demat Account.
- Enter the details for the selected method.
- Click 'Submit' to view your allotment status.
About Gabion Technologies India Ltd
Incorporated in 2008, Gabion Technologies specializes in gabions, which are wire mesh cages filled with rocks or concrete, commonly used in infrastructure projects such as highways. The company manufactures and supplies gabion boxes and tied products for slope protection and river training projects. They also provide geosynthetics, geotechnical engineering, and ground improvement services. The proceeds from the IPO will be used to fund working capital requirements, capital expenditure for machinery purchases, and general corporate purposes. The company's business is structured across three verticals: manufacturing and supply of engineered products, turnkey design and construction solutions, and trading of allied products.
