Gabion Technologies SME IPO Subscription Status
Gabion Technologies SME IPO closed on 8 January 2026 with an overall subscription of 826.08x based on shares applied. QIB demand came in at 271.13x, NII at 1,468.13x, and retail at 867.23x.
Allotment will be finalised on 9 January 2026. The stock is scheduled to list on NSE and BSE on 13 January 2026.
Issue Price
Rs 81.00
GMP Today
Rs 31.00 (+38.27%)
Overall Subscription
826.08x
Issue Size
₹27.70 Cr
Allotment Date
9 Jan 2026
Listing Date
13 Jan 2026
Gabion Technologies SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 81.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 5.53 Cr | Rs 1,500.43 Cr | 271.13x |
| FII | - | Rs 369.41 Cr | - |
| DFI | - | Rs 76.88 Cr | - |
| Mutual Funds | - | Rs 16.01 Cr | - |
| Other | - | Rs 1,038.13 Cr | - |
| NII | Rs 4.16 Cr | Rs 6,107.66 Cr | 1,468.13x |
| bNII (above Rs 10L) | Rs 2.77 Cr | Rs 4,940.17 Cr | 1,781.24x |
| Corporate | - | Rs 47.41 Cr | - |
| Individual | - | Rs 4,837.00 Cr | - |
| Other | - | Rs 55.77 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.39 Cr | Rs 1,167.49 Cr | 841.91x |
| Corporate | - | Rs 4.63 Cr | - |
| Individual | - | Rs 1,154.05 Cr | - |
| Other | - | Rs 8.81 Cr | - |
| IND | Rs 9.72 Cr | Rs 8,429.44 Cr | 867.23x |
| Fixed price | - | Rs 8,429.44 Cr | - |
| Total | Rs 19.41 Cr | Rs 16,037.53 Cr | 826.08x |
Gabion Technologies SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 427 | 148 | 0.35x |
| FII | - | 37 | - |
| DFI | - | 7 | - |
| Mutual Funds | - | 3 | - |
| Other | - | 101 | - |
| NII | 107 | 73,462 | 686.56x |
| bNII (above Rs 10L) | 71 | 45,257 | 637.42x |
| Corporate | - | 396 | - |
| Individual | - | 44,474 | - |
| Other | - | 387 | - |
| sNII (Rs 2L to Rs 10L) | 36 | 28,205 | 783.47x |
| Corporate | - | 112 | - |
| Individual | - | 27,878 | - |
| Other | - | 215 | - |
| IND | 375 | 3,25,210 | 867.23x |
| Fixed price | - | 3,25,210 | - |
| Total | 909 | 3,98,820 | 438.75x |
What Do These Subscription Numbers Mean?
A subscription of 826.08x by shares means the IPO received bids for 826 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 271.13x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 271.13x, it reflects serious institutional conviction.
NII at 686.56x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 637.42x and sNII at 783.47x by applications. Share subscription was 1,468.13x. Allotment uses application count, not share volume.
At 867.23x subscription by applications, approximately 1 in 867 retail applicants can expect an allotment (~1% per application). Retail allotment is done by lottery when oversubscribed.
Gabion Technologies SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 867.23x.
- •Allotment odds: about 1 in 867 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 783.47x.
- •Allotment odds: about 1 in 783 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 841.91x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 637.42x.
- •Allotment odds: about 1 in 637 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 1,781.24x. Allotment uses application count, not share volume.
Check the Gabion Technologies SME IPO Allotment Status page from 9 January 2026 for your allotment result.
Gabion Technologies SME IPO GMP After Subscription
GMP for Gabion Technologies SME stands at Rs 31.00 today, giving an estimated listing price of Rs 112.00 per share.
The GMP has moved up from Rs 25.00 on 31 Dec 2025 to Rs 31.00 on 9 Jan 2026.
A subscription of 826.08x combined with a GMP of 38.27% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Gabion Technologies SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Gabion Technologies SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 6 Jan 2026 | 1.47x | 93.60x | 82.25x | 61.66x |
| Day 2 - 7 Jan 2026 | 6.45x | 325.83x | 275.21x | 209.45x |
| Day 3 - 8 Jan 2026 | 271.13x | 1,467.78x | 867.21x | 825.99x |
Gabion Technologies SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 6 January 2026 |
| IPO Close Date | 8 January 2026 |
| Allotment Date | 9 January 2026 |
| Refund Initiation | 10 January 2026 |
| Share Credit to Demat | 10 January 2026 |
| Listing Date | 13 January 2026 |
| Minimum Investment | Rs 2,59,200.00 |
| Lot Size | 1600 shares |
About Gabion Technologies SME
Gabion Technologies India Limited, established in 2008, is a specialized provider of geosynthetics, geotechnical engineering, and ground improvement solutions. The company manufactures steel wire mesh gabions, rockfall protection nets, geomats, and flexible geogrids. It serves as both a manufacturer and a contractor for high-stakes infrastructure projects including roads, railways, mining, and defense.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Gabion Technologies SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Gabion Technologies SME IPO Allotment Status
Check allotment result on allotment date
Gabion Technologies SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Gabion Technologies SME IPO Subscription FAQs
What is Gabion Technologies SME IPO subscription status today?
Gabion Technologies SME IPO subscription closed on 8 January 2026 with overall subscription of 826.08x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 271.13x, NII 686.56x, IND 867.23x.
What is the overall subscription of Gabion Technologies SME IPO?
Gabion Technologies SME IPO is subscribed 826.08x overall by shares at close on 8 January 2026. QIB 271.13x, NII 686.56x, and IND 867.23x.
What is Gabion Technologies SME IPO QIB subscription?
Gabion Technologies SME IPO QIB (Qualified Institutional Buyers) subscription is 271.13x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Gabion Technologies SME IPO IND subscription?
Gabion Technologies SME IPO IND subscription is 867.23x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Gabion Technologies SME IPO NII subscription?
Gabion Technologies SME IPO NII (Non-Institutional Investors) subscription is 686.56x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Gabion Technologies SME IPO for retail?
At 867.23x subscription by applications, approximately 1 in 867 retail applicants can expect an allotment (~1% per application). Allotment is done by lottery.
When is Gabion Technologies SME IPO allotment date?
Gabion Technologies SME IPO allotment date is 9 January 2026. Check Gabion Technologies SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Gabion Technologies SME IPO subscription close?
Gabion Technologies SME IPO subscription closed on 8 January 2026. No new applications are accepted after the close.
What is Gabion Technologies SME IPO GMP today?
Gabion Technologies SME IPO GMP is ₹31 today (+38.27% over issue price ₹81). See live GMP on the Gabion Technologies SME IPO GMP Today page.
What is Gabion Technologies SME IPO issue price and lot size?
Gabion Technologies SME IPO issue price is ₹81 per share. Lot size is 1600 shares. Minimum investment is ₹2,59,200 per lot (minimum 2 lots for SME). Issue size: ₹27.70 Cr.
When is Gabion Technologies SME IPO listing date?
Gabion Technologies SME IPO listing date is 13 January 2026 on NSE and BSE. Allotment is on 9 January 2026.
How does subscription affect Gabion Technologies SME IPO allotment?
Allotment odds in Gabion Technologies SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 686.56x by applications means roughly 1 in 687 for minimum-lot bids; bNII at 637.42x (~1 in 637). At 826.08x overall, competition is very high.
For allotment results from 9 January 2026, visit the Gabion Technologies SME IPO Allotment Status page. For listing day updates on 13 January 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.