Gabion Technologies IPO Soars: 209.45x Subscribed on Day 2, GMP Hits 37%
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News18•07-01-2026, 17:17
Gabion Technologies IPO Soars: 209.45x Subscribed on Day 2, GMP Hits 37%
- •Gabion Technologies IPO received a massive 209.45x subscription on its second day of bidding, with retail investors subscribing 275.21x and NIIs 325.83x.
- •The Rs 29.16 crore IPO, priced between Rs 76-81, saw strong demand across all investor categories, indicating high market interest.
- •The Grey Market Premium (GMP) for Gabion Technologies shares surged to 37.04% (Rs 111) over the upper IPO price, up from 33.3% last week.
- •The company, incorporated in 2008, specializes in steel gabions and geotechnical solutions for domestic and international markets.
- •Listing is scheduled for January 13, 2026, on the BSE SME platform, following the IPO closure on January 8, 2026.
Why It Matters: Gabion Technologies IPO sees overwhelming demand and strong GMP, signaling a robust market debut.
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