Gabion Technologies India IPO will open for subscription on January 6, 2026, and will close on January 8, 2026. This IPO is a Book Build Issue, through which the company plans to raise around ₹29 crores. The issue consists entirely of a fresh issue of ₹29 crores, with equity shares having a face value of ₹10 each.
The price band for Gabion Technologies India IPO is fixed at ₹76 to ₹81 per share. The allocation for retail investors is 35%, while QIBs have been allotted 50% and HNIs (NIIs) 15%. The IPO is proposed to be listed on the BSE SME platform on January 13, 2026. The basis of allotment is expected to be finalised on January 9, 2026.
In terms of financial performance, the company reported revenue of ₹101.17 crores in FY2025 compared to ₹104.97 crores in FY2024. Profit after tax increased to ₹6.63 crores in FY2025 from ₹5.82 crores in the previous year. Based on the steady profitability, the IPO appears more suitable for long-term investors.
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Gabion Technologies India IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | January 6, 2026 |
| IPO Close Date | January 8, 2026 |
| Face Value | ₹10 per equity share |
| Price Band | ₹76 to ₹81 per share |
| Issue Size | Approx ₹29 crores |
| Fresh Issue | Approx ₹29 crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Gabion Technologies IPO
Open: 6-8 Jan
Issue Size: ₹29 Cr.
Objective: Money to support working capital, buy machinery and general corporate use.
Exchange: BSE SME
Gabion Technologies India IPO Review
Gabion Technologies India IPO comes with moderate issue size and reasonable pricing in the SME segment. While revenue saw a marginal dip in FY2025, the company managed to improve its profitability, reflecting better cost management and operational efficiency.
The presence of anchor investors provides some confidence, though higher debt levels should be monitored. Overall, the IPO may suit investors looking at long-term participation with a higher risk appetite typical of SME issues.
Gabion Technologies India IPO Market Lot
The minimum market lot for Gabion Technologies India IPO is 3,200 shares, requiring an investment of ₹2,59,200 at the upper price band.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,59,200 |
| Retail Maximum | 2 | 3,200 | ₹2,59,200 |
| S-HNI Minimum | 3 | 4,800 | ₹3,88,800 |
| S-HNI Maximum | 7 | 11,200 | ₹9,07,200 |
| B-HNI Minimum | 8 | 12,800 | ₹10,36,800 |
IPO Reservation Details
| Investor Category | Shares Offered | % of Shares |
|---|---|---|
| Anchor Investor | 10,22,400 | 8.26% |
| QIB (Ex-Anchor) | 6,83,200 | 5.52% |
| NII (HNI) | 5,13,600 | 4.15% |
| Retail | 99,75,360 | 80.61% |
Also Read: Yajur Fibres IPO (7-9 Jan)
Gabion Technologies India IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | January 5, 2026 |
| Anchor Investors List | |
| Shares Offered | 10,22,400 |
| Anchor Size | – |
| Lock-in (50% – 30 Days) | February 8, 2026 |
| Lock-in (50% – 90 Days) | April 9, 2026 |
Gabion Technologies India IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | January 6, 2026 |
| IPO Close Date | January 8, 2026 |
| Basis of Allotment | January 9, 2026 |
| Refunds Initiation | January 12, 2026 |
| Credit to Demat Account | January 12, 2026 |
| IPO Listing Date | January 13, 2026 |
| Bidding Cut-off Time | January 8, 2026 – 5 PM |
Promoters and Shareholding Pattern
The promoters of Gabion Technologies India Limited are Mr. Madhusudan Sarda, Mrs. Urvashi Sarda, Ms. Priyanandini Sarda, and ARS Merchants Private Limited.
| Particulars | Shares | % Holding |
|---|---|---|
| Pre-Issue Holding | 99,75,360 | 100.00% |
| Post-Issue Holding | 1,35,75,360 | – |
Objects of the Issue
The company proposes to utilise the net proceeds from the IPO primarily to meet its working capital requirements, which form the largest portion of the issue.
A part of the funds will also be used to meet capital expenditure requirements through the purchase of plant and machinery. The remaining proceeds will be utilised for general corporate purposes to support business operations and growth initiatives.
About Gabion Technologies India Limited
Gabion Technologies India Limited is engaged in providing technology-driven solutions and services to infrastructure and related sectors.
The company focuses on executing projects with operational efficiency and timely delivery. Over the years, it has built experience in managing contracts and optimising resources to improve profitability.
Company Financial Performance
Amount in ₹ Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 78.88 | 74.26 | 3.41 | 51.77 |
| 2024 | 104.97 | 97.04 | 5.82 | 70.12 |
| 2025 | 101.17 | 92.12 | 6.63 | 87.52 |
| Nov 2025 | 60.66 | 54.83 | 4.30 | 100.58 |
Gabion Technologies India IPO Valuation – FY2025
| KPI | Value |
|---|---|
| ROE | 30.05% |
| ROCE | 19.17% |
| EBITDA Margin | 14.89% |
| PAT Margin | 6.60% |
| Debt to Equity | 2.12 |
| EPS (Basic) | ₹6.64 |
| P/E Ratio | N/A |
| RoNW | 30.05% |
| NAV | ₹22.08 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| SRM Contractors Limited | 23.97 | 22.40 | 19.96% | 120.09 | ₹542.05 Cr |
IPO Lead Manager
GYR Capital Advisors Pvt. Ltd.
Company Address
| Particular | Details |
|---|---|
| Company Name | Gabion Technologies India Ltd. |
| Address | 38, SF, Near MCD Park |
| Area | Mohammadpur |
| City | New Delhi |
| State | New Delhi |
| PIN Code | 110066 |
| Phone | 9818793385 |
| compliance@gabionindia.com | |
| Website | https://gabionindia.com/ |
IPO Registrar
Kfin Technologies Ltd.
Phone: 040 6716 2222 / 040 7961 1000
Email: gabion.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Gabion Technologies India IPO FAQs
What is Gabion Technologies India IPO?
Gabion Technologies India IPO is an SME IPO aiming to raise ₹29 crores. The issue is priced at ₹76 to ₹81 per share and will be listed on BSE SME.
When will Gabion Technologies India IPO open for subscription?
The IPO will open on January 6, 2026, and close on January 8, 2026.
What is the investor quota for Gabion Technologies India IPO?
The allocation is 50% for QIBs, 15% for NIIs, and 35% for retail investors.
How to apply for Gabion Technologies India IPO?
Investors can apply through ASBA via net banking, UPI through stock brokers, or by submitting an offline IPO application form.
What is the issue size of Gabion Technologies India IPO?
The total issue size is ₹29 crores.
What is the price band of Gabion Technologies India IPO?
The price band is ₹76 to ₹81 per share.
What is the lot size of Gabion Technologies India IPO?
The minimum bid is 3,200 shares, amounting to ₹2,59,200.
What is the allotment date of Gabion Technologies India IPO?
The allotment is expected on January 9, 2026.
What is the listing date of Gabion Technologies India IPO?
The IPO is expected to list on January 13, 2026, on BSE SME.
Expert Comment
Gabion Technologies India IPO offers steady profitability and a reasonable valuation within the SME segment.
While revenue growth has moderated, improving margins and anchor participation add comfort. Investors with a long-term view and higher risk tolerance may consider this IPO after evaluating debt levels and business execution.







