Royal Alpha Growth, Vorton Capital among 4 investors acquire over 6% stake in Gabion Technologies on its market debut

Bulk Deals on January 13

• Royal Alpha Growth, Vorton Capital among 4 investors buy over 6% stake in Gabion Technologies
• Arton Global picks up over 1% stake in Tarmat

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Royal Alpha Growth, and Vorton Capital are among four investors who acquired over 6 percent equity stake in Gabion Technologies India, the steel wire mesh gabions maker, via open market transactions on its market debut i.e. January 13.

Gabion Technologies shares rallied 5 percent on its first trading day, closing at Rs 93.41 on the BSE after hitting an intraday high of Rs 93.45 and low of Rs 84.55.

Among four investors, alternative investment fund Vorton Opportunities Fund, managed by asset management company Vorton Capital, was the largest buyer, acquiring additional 4.97 lakh shares (equivalent to 3.66 percent of paid-up equity) at Rs 89 per share for Rs 4.42 crore.

Vorton already held 1.01 percent stake (1.37 lakh shares) in Gabion Technologies that manufactures steel wire mesh gabions and provides services and technology in the fields of geo-systems, geotechnical engineering and ground improvement techniques. These shares were bought by Vorton through company's IPO anchor book on January 5.

The Gabion Technologies Rs 29-crore IPO attracted robust demand from investors, closing with more than 768 times subscription on January 8.

Further, Royal Alpha Growth-backed Royal Alpha Opportunity Fund has acquired 99,200 equity shares in Gabion at Rs 89 per share for Rs 88.28 lakh, and Kamal Kumar Dugar and Co also bought same number of shares at Rs 84.55 per share for Rs 83.87 lakh.

Nexus Equity Growth Fund SCH-1 picked up 1.48 lakh shares in Gabion at Rs 84.55 per share for Rs 1.25 crore.

Meanwhile, steel supplier Arton Global has bought 2.46 lakh shares (1.02 percent stake) in construction engineering company Tarmat at Rs 52.25 per share for Rs 1.28 crore.

Tarmat shares saw significant buying interest on Tuesday, soaring 13.8 percent - the biggest single-day rally since July 2025, to close at Rs 54.03 amid high volumes on the NSE.