Axiom Gas Engineering Ltd IPO is priced at ₹50–₹53 per share with an issue size of ₹50 crore. The IPO opens on Sep 18, 2026 and closes on Sep 22, 2026, with a lot size of 2,000 shares and a minimum investment of ₹2,12,000.
No GMP data recorded yet for this IPO.
Subscription data isn't available yet — it appears once bidding opens.
| Price Band | ₹50.00 - ₹53.00 per share |
| Lot Size | 2000 shares |
| Min Investment | ₹2,12,000 |
| Total Issue Size | ₹50.00 crore |
| Shares Offered | 93,98,000 |
| Issue Structure | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | SKI Capital Services Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Listing At | NSE SME |
Issue price ₹53 · lot size 2000 shares · no GMP recorded, so estimated profit is nil
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,06,000 | ₹1,06,000 | ₹0 |
| S-HNI (Min) | 2 | 4,000 | ₹2,12,000 | ₹2,12,000 | ₹0 |
| S-HNI (UPI limit) | 4 | 8,000 | ₹4,24,000 | ₹4,24,000 | ₹0 |
| S-HNI (Max) | 9 | 18,000 | ₹9,54,000 | ₹9,54,000 | ₹0 |
| B-HNI (Min) | 10 | 20,000 | ₹10,60,000 | ₹10,60,000 | ₹0 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹100.78 Cr |
| Profit After Tax | ₹9.45 Cr |
| Net Worth | ₹33.28 Cr |
Promoters: Alpeshkumar Naginbhai Patel, Kinnari Alpeshkumar Patel, Sadique Abdul Kadar Banani, Asma Mohamad Sadique Banani
| Promoter Holding (Pre-Issue) | 98.28% |
| Promoter Holding (Post-Issue) | 72.15% |
Axiom Gas Engineering Ltd. specializes in green energy engineering solutions, offering Auto LPG, CNG, and LNG solutions.
Operates 20+ Auto LPG Dispensing Stations (ALDS) under the name 'PRIMEFUEL'.
| Founded | 2007 |
| Headquarters | Vadodara, Gujarat |
| Industry | Green Energy Engineering |
| Website | https://www.axiomgas.com/ |
| Registrar | Kfin Technologies Ltd. |
| Phone | 040-79615565 |
| [email protected] |
12 answers about Axiom Gas Engineering Ltd IPO — dates, pricing, allotment and listing.
Axiom Gas Engineering Ltd IPO is a bookbuilding ipo of ₹50 crore. The issue is priced at ₹50–₹53 per share, with a lot size of 2,000 shares. Bidding opens on Fri, 18 Sep 2026 and closes on Tue, 22 Sep 2026, with shares to be listed on NSE SME.
The price band is ₹50–₹53 per share.
One lot is 2,000 shares. Bids must be placed in multiples of 2,000.
A retail investor needs at least ₹2,12,000 – one lot of 2,000 shares at ₹53, the upper end of the price band.
Axiom Gas Engineering Ltd IPO opens on Fri, 18 Sep 2026 and closes on Tue, 22 Sep 2026.
Allotment is expected to be finalised on Wed, 23 Sep 2026.
Axiom Gas Engineering Ltd shares are expected to list on Fri, 25 Sep 2026 on NSE SME.
The company intends to use the net proceeds towards capital expenditures, prepayment or repayment of a portion of certain outstanding borrowings availed by the company and general corporate purposes.
SKI Capital Services Ltd. is the book running lead manager. Kfin Technologies Ltd is the registrar to the issue.
Apply online through your broker using UPI, or through your bank's net banking using ASBA. Select Axiom Gas Engineering Ltd IPO, enter a quantity in multiples of 2,000 along with your bid price, submit the application, then approve the UPI mandate in your payment app before the cut-off time.
Category-wise demand from retail, NII and QIB bidders is on the Axiom Gas Engineering Ltd IPO subscription page, and on the BSE and NSE websites.
From Wed, 23 Sep 2026, check the Axiom Gas Engineering Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.