Gabion Technologies India made its debut on the BSE SME platform on January 13, listing at ₹89 per share, a 9.88% premium to its IPO price of ₹81. Despite strong subscription rates exceeding 768 times, the listing premium fell short of grey market estimates, which had predicted a higher debut. The company raised ₹29.16 crore through a fresh issue, intending to use a significant portion for working capital. Gabion Technologies manufactures steel gabions and provides geotechnical engineering services.