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Axiom Gas Engineering IPO
Axiom Gas Engineering IPO
Overview
Axiom Gas Engineering IPO is a book build issue of ₹49.81 crores. The issue is entirely a fresh issue of 93.98 lakh shares of ₹49.81 crore. Axiom Gas Engineering IPO opens for subscription on Sep 18, 2026 and closes on Sep 22, 2026. The allotment for the Axiom Gas Engineering IPO is expected to be finalized on Sep 23, 2026. Axiom Gas Engineering IPO will list on the NSE SME with a tentative listing date fixed as Sep 25, 2026. Axiom Gas Engineering IPO is set issue price band at ₹50 to ₹53 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,12,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,18,000. SKI Capital Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd.
Total Shares
93,98,000
Issue Size
₹50 Cr
Price Band
₹50 – ₹53
Lot Size
2000 shares
Min. Investment
₹1,06,000
Max. Investment
₹1,06,000
Open Date
18 Sep, 2026
Close Date
22 Sep, 2026
Allotment
23 Sep, 2026
Listing
25 Sep, 2026
Max. Investment
₹1,06,000
Announced
18 Sep, 2026
Opening Date
18 Sep, 2026
Closing Date
22 Sep, 2026
Basis of Allotment
23 Sep, 2026
Initiation of Refunds
24 Sep, 2026
Credit of Shares
24 Sep, 2026
Listing Date
25 Sep, 2026
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About Axiom Gas Engineering IPO
Incorporated in 2007, Axiom Gas Engineering Ltd. specialises in green energy engineering solutions. The company offers Auto LPG, CNG, and LNG solutions, catering to retail and industrial sectors with a commitment to quality, innovation, and environmental sustainability. The company operates 20+ Auto LPG Dispensing Stations (ALDS) under the name, \PRIMEFUEL\ across multiple states in India including Telangana, Karnataka, and Maharashtra.
The company offers the following services:-
Axiom Gas Engineering IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.2% increase in shares
Axiom Gas Engineering IPO Financial Health
Axiom Gas Engineering Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 22% between the financial year ending with March 31, 2026 and March 31, 2025.
Axiom Gas Engineering IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,12,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,12,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,18,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,54,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,60,000 |
(All values in CR)
Axiom Gas Engineering IPO Valuations
| Metric | Value |
|---|---|
| ROE | 28.40 |
| ROCE | 28.90 |
| Debt/Equity | 0.48 |
| RoNW | 28.40 |
| PAT Margin | 9.38 |
| EBITDA Margin | 15.36 |
| NAV | 12.83 |
| Price to Book Value | 4.13 |
| - | - |
(All values in CR)
Axiom Gas Engineering IPO Strength & Risk
Axiom Gas Engineering IPO Strength
- Strong demand outlook for gas engineering and related infrastructure
- Exposure to India’s expanding gas and energy infrastructure
- Established capabilities and industry experience
- Potential to benefit from rising investment in energy projects
- IPO proceeds may support business expansion and capacity growth
Axiom Gas Engineering IPO Risk
- Business performance may depend heavily on project execution
- Exposure to fluctuations in raw material and operating costs
- Competition in the engineering and infrastructure sector
- Dependence on timely project awards and order inflows
- Economic or policy changes could affect infrastructure spending
Axiom Gas Engineering IPO GMP
Axiom Gas Engineering SME IPO last GMP is ₹0, last updated Sep 12th 2026 05:59 PM. With the upper price band of ₹53.00, Axiom Gas Engineering SME IPO's estimated listing price is ₹53 (cap price + today's GMP). The expected percentage gain/loss per share is 0.00%. Based on grey market activity over the last 4 sessions, today's IPO GMP shows no major movement. The current trend is expected to continue until the listing day.
Last updated 12 Sep, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 12 Sep, 2026 | 53 | ₹0 | - | ₹53 (0.00%) | - | 12 Sep, 2026 |
| 11 Sep, 2026 | 53 | ₹0 | - | ₹53 (0.00%) | - | 11 Sep, 2026 |
| 10 Sep, 2026 | 53 | ₹0 | - | ₹53 (0.00%) | - | 10 Sep, 2026 |
| 09 Sep, 2026 | 53 | ₹0 | - | ₹53 (0.00%) | - | 09 Sep, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Axiom Gas Engineering IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Axiom Gas Engineering IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.
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