Gabion Technologies India IPO

About Gabion Technologies IPO

The IPO of Gabion Technologies comprises a fresh issue and no offer for sale. The fresh issue aggregates up to 36,00,000 equity shares. The total issue size is pegged at ₹29 crores. It’s a 100% book-built issue. The price band is ₹76 to ₹81 per share.

Gabion Technologies IPO opens on January 6, 2026 and closes on January 8, 2026. The allotment of shares will take place on January 9, 2026. The credit of shares to the Demat account will take place on January 12, 2026. The initiation of refunds will take place on January 12, 2026.

The listing of shares will take place on January 13, 2026. The lot size of shares in the IPO is 1600. The minimum investment amount required by a retail investor is ₹2,59,200 based on the upper price with the minimum lot being 2.

Gabion Technologies is working with the vision to provide products, services and technology to Government entities, contractors, private customers, consultants, and authorities in the fields of geosynthetics, geotechnical engineering, and ground improvement techniques. To this end, the company is manufacturing several products of which the primary product is Steel Gabions.

Objectives of Gabion Technologies IPO

The company proposes to utilise the IPO proceeds for:

• Funding working capital requirements
• Meeting capex requirement for purchasing plant and machinery
• General corporate purposes

Industry Outlook

The global gabion market was valued at US$ 4366.6 million in 2022 and is projected to hit the market valuation of US$ 6247.96 million by 2030 at a CAGR of 4.56% during the forecast period 2022-2030. On the other hand, the India gabion market is projected to witness a CAGR of 11.18% during the forecast period FY2025-FY2032, growing from USD 16.23 million in FY2024 to USD 37.89 million in FY2032.

India gabion market is expected to witness significant growth with the rising level of urbanisation and infrastructural development. Government initiatives for improving infrastructure resilience, especially in flood-prone areas, fuel the adoption of gabion solutions. India is positioned as a prominent region in the Asia-Pacific due to its high infrastructure investment and growing interest in sustainable construction practices.

Gabion Technologies Company Information

Gabion Technologies is working with the vision to provide products, services and technology to Government entities, contractors, private customers, consultants, and authorities in the fields of geosynthetics, geotechnical engineering, and ground improvement techniques. To this end, it’s manufacturing several products of which the primary product is Steel Gabions. The company is trading various other products so that its target customers can avail a wide range of products from it.

Strengths of Gabion Technologies

• In-house experienced design & execution team
• Wide customer base
• Competitive pricing
• Quality products
• Adoption of new products and technologies

Risks of Gabion Technologies

• Adverse developments affecting operations in certain geographical regions could have an adverse impact on revenue and results of operations
• Dependent upon few key suppliers within small geographical location for procurement of raw materials
• Performance could be affected in case majority of the bids are not accepted/ awarded
• Inability to renew or continue lease arrangements on commercially acceptable or favourable terms could impact operations
• The company operates in the Gabion manufacturing industry where there are low entry barriers and is highly competitive

Anchor Investor Bidding Date

Anchor portion of the IPO opens for bidding on January 5, 2026.

IPO Registrar and Book Running Lead Manager

• IPO Registrar: KFin Technologies
• Book Running Lead Manager: GYR Capital Advisors

Gabion Technologies Business Model

Gabion Technologies has three verticals to its business namely:

• Manufacturing and supply of mechanically woven double twisted hexagonal steel wire mesh gabions, defence gabions, PP rope gabions, hi-tensile rockfall protection nettings, rockfall fence/barrier reinforced geomat, and high strength flexible geogrid.

• Service of design and constructing gabion structures, slope stabilisation by anchor-mesh system and other types of structures in the fields of geosynthetics, geotechnical engineering, and ground improvement techniques.

• Trading of auxiliary products not manufactured by us but required by its target customers

Gabion Technologies Company Growth Trajectory

The revenue from operations of Gabion Technologies grew from ₹78.7579 crores in FY 23 to ₹100.3638 crores in FY 25. The company’s EBITDA margin increased from 8.10% in FY 23 to 14.89% in FY 25, while PAT margin grew from 4.33% in FY 23 to 6.60% in FY 25. A wide customer base coupled with quality products have helped the company grow over the years.

Gabion Technologies Market Position

Gabion Technologies has a footprint across different locations in India including Uttarakhand, Bihar, Sikkim, Odisha, Tamil Nadu, Manipur etc. It’s accredited with IS 16014:2018, ISO 14001:2015, ISO 45001:2018 and ISO 9001:2015 and OHSAS 18001:2007 for quality management system, and IS 16014:2012 Bhutan Standard Bureau.

How to Apply for the Gabion Technologies IPO?

To apply for this IPO:

• Log in to your Kotak Neo Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Specify IPO details: Enter the number of lots and the price you wish to apply for.
• Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
• Mandate Notification: Your UPI app will receive a mandate notification to block funds.
• Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.