Gabion Technologies IPO Opens Jan 6, GMP Soars Over 30%

• Gabion Technologies IPO opens Jan 6, closes Jan 8; price band set at Rs 76-81 per share.
• Company aims to raise Rs 29.16 crore through a fresh issue of 36 lakh shares; listing on BSE SME Jan 13.
• Shares are trading at over 30% premium in the grey market, indicating strong listing potential.
• The Delhi-based company manufactures steel wires, gabions, and rockfall protection nettings for infrastructure.
• Reported Rs 4.3 crore profit on Rs 60.4 crore revenue in the first 8 months; projects Rs 120 crore FY revenue.

Why It Matters: Gabion Technologies IPO shows strong grey market premium and solid financials ahead of its Jan 6 opening.