Gabion Technologies India Limited is an infrastructure solutions company engaged in the manufacturing of steel gabions and the provision of geosynthetics, geotechnical engineering, and ground improvement solutions. The company operates across multiple infrastructure segments and caters to a wide range of government and private sector clients.
The company manufactures and supplies a diverse range of engineered wire mesh and geosynthetic products, which are used in applications involving soil stabilization, erosion control, slope protection, and structural reinforcement.
Key manufactured products include:
- Double Twisted Hexagonal Steel Wire Mesh Gabions
- Defence Gabions and PP Rope Gabions
- High-tensile Rockfall Protection Nettings
- Reinforced Geomats and High-strength Flexible Geogrids
The company operates across key infrastructure segments, including roads and highways, railways, retaining walls and slope stabilization, rockfall protection, irrigation and water resources, mining and energy projects, as well as defence and airport infrastructure.
The company has completed 76 projects with a total contract value of Rs 12,760.59 lakhs, including 36 in roads, 12 in railways, 8 in private commercial, 9 in energy, 3 in mining, 3 in airports, 3 in defence, and 2 in water resources.
Gabion Technologies India Limited offers a wide range of products such as gabion boxes, revet mattresses, DT mesh netting, sack gabions, tailmesh fascia units, high-tensile rockfall protection systems, geo-composite and concrete geomats, geotextiles, geobags, HDPE geomembranes, PET and PP geogrids, jute geotextiles, coir mats, 3D drain sheets, and steel anchors.
As of November 30, 2025, the company employed 159 full-time personnel. In addition to its permanent staff, the company engages contractual workers, depending on project size, location, and site-specific requirements, to maintain operational flexibility.
Gabion Technologies India IPO – Details
| IPO Opening Date | 06 January 2026 |
| IPO Closing Date | 08 January 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 36,00,000 Shares Worth ₹29.00 Crore Fresh Issue: 36,00,000 Shares Worth ₹29.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹76 – ₹81 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Gabion Technologies India IPO – Date Schedule
| IPO Open Date | 06 January 2026 |
| IPO Close Date | 08 January 2026 |
| Basis of Allotment | 09 January 2026 |
| Initiation of Refund | 12 January 2026 |
| Credit of Shares to Demat | 12 January 2026 |
| IPO Listing Date | 13 January 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 08, 2026 |
Gabion Technologies India IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,59,200 |
| Retail (Max) | 2 | 3,200 | ₹2,59,200 |
| S-HNI (Min) | 3 | 4,800 | ₹3,88,800 |
| S-HNI (Max) | 7 | 11,200 | ₹9,07,200 |
| B-HNI (Min) | 8 | 12,800 | ₹10,36,800 |
Competitive Strength
- In-house Experienced Design & Execution Team.
- The company produces high-quality products for specialized contracts as a manufacturer and contractor.
- Wide customer base.
- Competitive Pricing.
- Quality products.
- Adoption of New Products & Technologies.
- Adequate inventory ensure timely delivery.
Company Promoters
- Mr. Madhusudan Sarda
- Mrs. Urvashi Sarda
- Ms. Priyanandini Sarda
- M/s. ARS Merchants Private Limited
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹78.88 Cr | ₹74.26 Cr | ₹3.41 Cr | ₹29.46 Cr |
| 31 March 2024 | ₹104.97 Cr | ₹97.04 Cr | ₹5.82 Cr | ₹36.37 Cr |
| 31 March 2025 | ₹101.17 Cr | ₹92.12 Cr | ₹6.63 Cr | ₹46.71 Cr |
| 30 November 2025 | ₹60.66 Cr | ₹54.83 Cr | ₹4.30 Cr | ₹52.05 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 19.17% |
| Debt/Equity | 2.12 |
| RoNW | 30.05% |
| PAT Margin | 6.60% |
| EBITDA Margin | 14.89% |
| Price to Book Value | 3.67 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.65 | 4.75 |
| P/E (x) | 12.18 | 17.04 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Working Capital Requirements. | ₹22.11 |
| Meeting Capex Requirements for the purchase of plant and machinery. | ₹1.06 |
| General corporate purposes. | – |
✅Strengths
- Diversified portfolio of gabions, geosynthetics, and geotechnical solutions.
- Execution experience across 76 infrastructure projects.
- Presence across roads, railways, energy, mining, defence, and airports.
- End-to-end capability: manufacturing + project execution.
- Experienced promoters and management team.
⚠️Risks
- High dependence on infrastructure and government spending.
- Project-based revenue leads to earnings volatility.
- Working capital intensive business model.
- Exposure to execution, logistical, and location-specific risks.
- Competitive industry with organized and unorganized players.
Gabion Technologies India IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Gabion Technologies India IPO Prospectus
Company Contact Information
| Gabion Technologies India Ltd. 38, SF Near MCD Park Mohammadpur New Delhi, New Delhi, 110066 Phone: 9818793385 Email: compliance@gabionindia.com Website: https://gabionindia.com/ |
Gabion Technologies India IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: gabion.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Gabion Technologies India IPO Lead Manager(s)
| 1. GYR Capital Advisors Pvt.Ltd. |
Gabion Technologies India IPO FAQ
| What is the Gabion Technologies India IPO? Gabion Technologies India IPO is an SME IPO. The issue is priced at ₹76 – ₹81 per equity share. The IPO is to be listed on BSE SME. |
| When will Gabion Technologies India’s IPO open? The IPO is to open on 06 January 2026 for QIB, NII, and Retail Investors. |
| What is Gabion Technologies India IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Gabion Technologies India IPO Size? Gabion Technologies India IPO size is ₹29.00 Crore. |
| What are the Gabion Technologies India IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 3200 Shares for ₹2,59,200, while the maximum bid is 3200 Shares for ₹2,59,200. |
| What is the Gabion Technologies India IPO Allotment Date? Gabion Technologies India IPO allotment date is 09 January 2026. |
| What is the Gabion Technologies India IPO Listing Date? Gabion Technologies India IPO listing date is 13 January 2026. The IPO is to be listed on the BSE SME. |
