Gabion Technologies IPO Opens Jan 6, Shares Attract Over 30% GMP

• Gabion Technologies IPO launches January 6, closes January 8, with listing on BSE SME by January 13.
• Price band set at Rs 76-81 per share, aiming to raise Rs 29.16 crore through a fresh issue of 36 lakh shares.
• IPO shares are attracting over 30% premium in the grey market, indicating strong investor interest.
• Funds will be utilized for working capital, purchasing plant and machinery, and general corporate purposes.
• The company, specializing in steel wires and gabions, reported a profit of Rs 6.6 crore in FY25.

Why It Matters: Gabion Technologies IPO opens with strong grey market premium, raising Rs 29.16 crore for growth.