Infrastructure / Geotechnical - Listed on 13 January 2026
Gabion Technologies (Infrastructure / Geotechnical) closed its IPO window in 2026 and listed on NSE and BSE on 13 January 2026 at an upper band issue price of Rs 81, opening at Rs 89 for a listing gain of +9.9% and closing day one at Rs 93.41 (+15.3% on closing basis). The IPO was subscribed 826.02x overall - QIB 271.13x, HNI/NII 1468.10x, Retail 867.11x. The total issue size was Rs 29.16 Cr (Fresh Issue Rs 29.16 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Infrastructure / Geotechnical
Gabion Technologies operates in the Infrastructure / Geotechnical space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Gabion Technologies issue was offered at an upper price of Rs 81 and raised approximately Rs 29.16 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 32 | +39.51% |
| Day 2 | Rs 32 | +39.51% |
| Day 3 | Rs 28 | +34.57% |
| Day 4 | Rs 28 | +34.57% |
| Day 5 | Rs 28 | +34.57% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Gabion Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Gabion Technologies IPO listed at +9.9% versus the upper issue price of Rs 81 on 13 January 2026.
Gabion Technologies IPO was subscribed 826.02x overall. QIB portion was subscribed 271.13x, HNI / NII 1468.10x and Retail 867.11x.
IPO GMP started at Rs 32 on Day 1 and moved to Rs 28 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.