Mumbai, Jan. 13 -- The scrip was listed at Rs 89, a premium of 9.88% compared with the initial public offer (IPO) price. The stock is currently down 2.98% over its listing price.

The counter hit a high of Rs 89 and a low of Rs 84.55. About 15.95 lakh shares of the company changed hands at the counter.

Gabion Technologies India's IPO was subscribed 768.12 times. The issue opened for bidding on 6 January 2026 and it closed on 8 January 2026. The price band of the IPO was set at Rs 76 to Rs 81 per share.

The IPO comprised fresh issue of 36,00,000 equity shares. 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 purpose...