Published by Global Banking & Finance Review®
Posted on March 9, 2026
1 min readLast updated: April 1, 2026
Add as preferred source on Google
Gabler Group’s shares rose to €47.20 on their Frankfurt debut—above the €44 offer price—implying a valuation uplift from €266 m. Investor demand was strong, with books fully covered at the upper pricing range, driven by its submarine mast system expertise and robust IPO structure.
(Corrects day of the week in paragraph 1)
March 9 (Reuters) - Shares in Gabler Group dipped below its offer price in the German submarine systems maker's debut on the Frankfurt stock exchange on Monday, having risen earlier in the day.
The shares fell to 43.6 euros ($50.47) apiece by 1349 GMT, below the offer price of 44 euros, after rising as much as 49.1 euros earlier in the day.
The company, which primarily makes hydraulic and electrical mast systems for submarines, had been valued at 266 million euros at its final offer price.
The Luebeck-based company has 49.9% of shares in free float, with a combination of newly issued shares, existing shares from the holdings of majority owner Possehl Mittelstandsbeteiligungen and shares in connection with a greenshoe option amounting to a total placement value of around 132.8 million euros.
($1 = 0.8639 euros)
(Reporting by Bernadette Hogg; Editing by Linda Pasquini and Emelia Sithole-Matarise)
Gabler Group primarily manufactures hydraulic and electrical mast systems for submarines.
Gabler Group's shares opened at 47.2 euros per share, above their offer price of 44 euros, during their debut on the Frankfurt stock exchange.
Gabler Group was valued at 266 million euros at its final share offer price.
49.9% of Gabler Group's shares are in free float following the public offering.
Gabler Group debuted on the Frankfurt stock exchange.
Explore more articles in the Finance category
