Gabion Technologies IPO Explodes: 826x Subscribed, GMP Hits 37% on Final Day!
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News18•08-01-2026, 17:11
Gabion Technologies IPO Explodes: 826x Subscribed, GMP Hits 37% on Final Day!
- •Gabion Technologies IPO closed with an astounding 825.99x oversubscription on its final day, attracting bids for nearly 2 billion shares.
- •Retail investors subscribed 867.21x, non-institutional investors (NII) 1,467.78x, and qualified institutional buyers (QIB) 271.13x.
- •The company, incorporated in 2008, specializes in steel gabions, geosynthetics, and ground improvement solutions for domestic and international markets.
- •Grey Market Premium (GMP) for Gabion Technologies IPO surged to 37.04% (Rs 111 per share) over the Rs 81 upper price band, indicating strong listing expectations.
- •The Rs 29.16-crore BSE SME IPO, priced at Rs 76-81, is set to list on January 13, 2026, after opening on January 6, 2026.
Why It Matters: Gabion Technologies IPO saw massive oversubscription and a strong 37% GMP, signaling high investor confidence.
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