Gabion Tech IPO Listing: Shares of steel gabion maker Gabion Technologies India had a premium entry on the BSE SME platform today. Its IPO received a strong response from investors and overall it received 826 times the bids. Shares have been issued under the IPO at a price of ₹81. Today it has entered BSE SME at ₹ 89.00, which means IPO investors got a listing gain of 9.88% (Gabion Tech Listing Gain). However, the joy of IPO investors soon faded as the shares crashed. It fell to the lower circuit of ₹ 84.55 (Gabion Tech Share Price) which means IPO investors are now making 4.38% profit.
How will Gabion Tech IPO money be spent?
Gabrian Tech’s ₹29 crore IPO was open for subscription from January 6-8. This IPO received a good response from investors and overall it was subscribed 826.00 times. In this, the portion reserved for Qualified Institutional Buyers (QIB) was 271.13 times (ex-anchor), the portion for Non-Institutional Investors (NII) was 1,467.78 times and the portion for retail investors was 867.23 times. Under this IPO, 36 lakh new shares with face value of ₹ 10 have been issued. Of the money raised through these shares, ₹1.06 crore will be spent on purchase of plant and machinery, ₹22.11 crore will be spent on working capital needs and the remaining money will be spent on general corporate purposes.
About Gabion Tech
Gabion Technologies India, formed in February 2008, manufactures steel gabions and provides geosynthesis, geotechnical engineering and ground improvement services worldwide. It produces Double Twisted Hexagonal Wire Mesh Gabions, Defense Gabions, PP Rope Gabions, High-Tensile Rockfall Protection Nettings, Reinforced Geomat, and High Strength Flexible Geogrid. Its customers are from sectors like infra, retaining walls, slopes, rockfall protection, irrigation and mining. It has so far completed 76 projects worth ₹127.61 crore, out of which 36 are roads, 12 railways, 8 private commercial, 9 energy, 3 mining, 3 airports, 3 defense and 2 water resources.
Talking about the financial health of the company, it has continuously strengthened. It had a net profit of ₹3.41 crore in FY 2023, which jumped to ₹5.82 crore in the next FY 2024 and ₹6.63 crore in FY 2025. During this period, the total income of the company increased at a compound growth rate (CAGR) of more than 13% annually to ₹ 101.17 crore. Talking about the current financial year 2026, the company has achieved net profit of ₹ 4.30 crore and total income of ₹ 60.66 crore in April-November 2025. At the end of November 2025, the company had a total debt of ₹ 52.05 crore while ₹ 16.32 crore was lying in reserves and surplus.
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