Mumbai, January 8, 2026: Gabion Technologies India Limited (GTIL) witnessed a further surge in demand on the final day of its IPO, with overall subscription climbing to 259.58 times by 10:25 AM, according to live data available on the BSE.
The sharp rise in bids early on Day 3 indicates sustained investor appetite following an exceptionally strong response over the first two days of bidding.
The Non-Institutional Investor (NII) segment continued to dominate demand, with the category subscribed 354.01 times. Within this, the HNI portion applying for more than ₹10 lakh stood out, subscribing 563.13 times, reflecting aggressive participation from high-value investors even on the final day.
The retail individual investor (RII) category also remained extremely strong, with subscription reaching 349.04 times, supported by more than 1.30 lakh applications in the early hours of the session.
The sharp rise in bids early on Day 3 indicates sustained investor appetite following an exceptionally strong response over the first two days of bidding.
Final Day Morning Update: Retail and HNI Demand Intensifies
As of 10:25 AM on January 8, the IPO received bids for 66.91 crore equity shares against 25.78 lakh shares on offer.The Non-Institutional Investor (NII) segment continued to dominate demand, with the category subscribed 354.01 times. Within this, the HNI portion applying for more than ₹10 lakh stood out, subscribing 563.13 times, reflecting aggressive participation from high-value investors even on the final day.
The retail individual investor (RII) category also remained extremely strong, with subscription reaching 349.04 times, supported by more than 1.30 lakh applications in the early hours of the session.
QIB Participation Remains Steady
The Qualified Institutional Buyer (QIB) segment was subscribed 6.47 times as of the latest update, with bids for 44.18 lakh shares. Institutional participation, which picked up on Day 2, remained largely stable during the early part of the final session.Final Day Morning Subscription Snapshot
As of January 8, 2026 | 10:25 AM (BSE)| Category | Shares Reserved | Applications Received | Shares Bid For | Subscription (Times) |
|---|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 6,83,200 | 13 | 44,17,600 | 6.47 |
| Non-Institutional Investors (NII) | 6,94,400 | 24,539 | 24,58,22,400 | 354.01 |
| • NII (Above ₹10 lakh) | 3,42,400 | 14,257 | 19,28,14,400 | 563.13 |
| • NII (Up to ₹10 lakh) | 1,71,200 | 10,282 | 5,30,08,000 | 309.63 |
| Retail Individual Investors (RII) | 12,00,000 | 1,30,889 | 41,88,44,800 | 349.04 |
| Total | 25,77,600 | 1,55,441 | 66,90,84,800 | 259.58 |