Gabion Technologies IPO Subscribed 825.99x on Day 3

Gabion Technologies IPO subscription started on Tuesday, January 6, 2025, and will close on January 8, 2026, as per the schedule. The price band is set at ₹76 to ₹81 per share with a face value of ₹10.

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Gabion Technologies IPO Subscription Status

Gabion Technologies IPO was subscribed over 825.99x on its Last day till 05.00 PM on 8th January 2026. 

  • Gabion Technologies IPO subscription QIB investors’ portion is 271.13x times, while NII subscribed 1,467.78x times, and RII investors subscribed 867.21x times.
  • The company has received bids for 1,97,97,36,000 shares against 23,96,800 shares on offer on the Last day. 
  • Gabion Technologies IPO was subscribed over 209.45x times on day 2.
  • Gabion Technologies IPO was subscribed over 61.66x times on day 1.

About the Gabion Technologies IPO

Gabion Technologies India Limited, founded in February 2008, is involved in the manufacturing, design, trading, and installation of gabions, Rockfall Protection Nettings, and Geosynthetic Materials. The company manufactures and supplies mechanically woven double-twisted hexagonal steel wire mesh gabions, defence gabions, PP rope gabions, high-tensile rockfall protection nettings, rockfall fences/barriers, reinforced geomats, and high-strength flexible geogrids. 

The company provides high-quality products serving various industries like infrastructure, real estate, road, and railway construction, airport runway development, and many more. Gabion Technologies has completed 76 work contracts, which include 36 projects in the road sector, 12 in the railway sector, 8 in the private commercial sector, 9 in the energy sector, 3 in mining, 3 in airports, 3 in defense, and 2 in the water resources sector.

Gabion Technologies IPO GMP

Gabion Technologies IPO GMP was ₹30 as of Thursday, 8th January. That indicates the IPO is trading at ₹111 with a ₹30 premium in the grey market against the issue price of ₹81.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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