Axiom Gas Engineering IPO
Axiom Gas Engineering opens for subscription on 18 Sept 2026 and closes on 22 Sept 2026, at a price band of ₹51 – ₹54 with a lot of 4000 shares. Listing is expected on 25 Sept 2026.
Updated 22 Oct 2026
Important dates
Opens
18 Sept 2026
Closes
22 Sept 2026
Allotment
23 Sept 2026
Listing
25 Sept 2026
IPO details
| Price band | ₹51 – ₹54 |
|---|---|
| Lot size | 4000 shares |
| Minimum investment | ₹2,16,000 |
| Issue size | ₹50.75 crore |
| Face value | ₹5 per share |
| Board | SME |
| Listing at | NSE SME |
| Retail quota | 50% |
| EPS | ₹3.64 |
| RoNW | 28.4% |
Grey market premium (GMP)
No meaningful grey market premium was reported at the last update.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 1.39 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.8× | 0.55× | 0.64× | 0.61× |
| Day 2 | 0.8× | 0.68× | 1.03× | 0.85× |
| Day 3 | 1.1× | 0.98× | 1.86× | 1.39× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 74.54 | 66.85 | 5.74 |
| FY25 | 89.85 | 79.49 | 7.75 |
| FY26 | 100.78 | 88.13 | 9.45 |
About Axiom Gas Engineering
Axiom Gas Engineering, founded in 2007, is one of the leading green energy engineering solutions providers. The firm offers Auto LPG, CNG, and LNG solutions to retail and industrial sectors.
The company provides various services: Gas and Pipe Engineering, Turnkey Services, Technical Consultancy, Maintenance, Operation, Training, and Manufacturing Pressure Vessels. The company operates 20+ Auto LPG Dispensing Stations (ALDS) under the name “PRIMEFUEL” across multiple states in India, including Telangana, Karnataka, and Maharashtra.
Objects of the issue
- Capital Expenditures
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Allotment status and registrar
Kfin Technologies Ltd. is the registrar. After 23 Sept 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 040-79615565 · agel.ipo@kfintech.com
Lead managers and offer documents
- SKI Capital Services Ltd.
Axiom Gas Engineering IPO: FAQs
When does the Axiom Gas Engineering IPO open and close?
The Axiom Gas Engineering IPO opens on 18 Sept 2026 and closes on 22 Sept 2026.
What is the Axiom Gas Engineering IPO price band?
The price band is ₹51 – ₹54 per share (face value ₹5).
What is the Axiom Gas Engineering IPO lot size?
One lot is 4000 shares, so the minimum investment is ₹2,16,000 at the upper price band.
When is the Axiom Gas Engineering IPO allotment date?
Allotment is expected on 23 Sept 2026. Check the status on the registrar's site (Kfin Technologies Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Axiom Gas Engineering shares list?
Listing is expected on 25 Sept 2026 on NSE SME.
What is the Axiom Gas Engineering IPO GMP today?
No meaningful grey market premium was reported when this page was last updated. GMP is unofficial and unregulated, so it should not drive your decision.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.