The issue opened for bidding on Tuesday (06 January 2026) and it will close on Thursday (08 January 2026). The price band of the IPO is fixed between Rs 76 to Rs 81 per share. The minimum order quantity is 1,600 equity shares. The equity shares will list on BSE’s SME platform.

The IPO comprises fresh issue of 36,00,000 equity shares. About 1,80,800 equity shares will be reserved for subscription by market maker to the issue. The net issue comprises of 34,19,200 equity shares.

The issue and net issue will constitute up to 26.52 % and up to 25.19 % respectively of the post- issue paid-up equity share capital of the company.

The company intends to utilize the net proceeds to meet working capital requirements, to meet capex requirements for purchasing of plant and machinery and general corporate purposes.

Ahead of the IPO, Gabion Technologies on 5 January 2026, raised Rs 8.28 crore from anchor investors. The board allotted 10.22 lakh shares at Rs 81 per share to 8 anchor investors.

Gabion Technologies is engaged in the manufacturing, design, trading, and installation of gabions, rockfall protection netting, and geosynthetic materials for civil engineering, infrastructure, and environmental protection projects. The company operates its business through three verticals: (i) manufacturing and supply of gabions, rockfall protection systems, and geosynthetic products; (ii) design and construction of gabion structures, slope stabilization, and ground improvement solutions; and (iii) trading of auxiliary products. It serves government, private, and institutional clients and offers turnkey project execution capabilities. As of 30 November 2025, the company had 159 permanent employees.

The company recorded revenue from operations of Rs 60.42 crore and net profit of Rs 4.30 crore for the period ended 30 November 2025.