Axiom Gas Engineering Ltd IPO was priced at ₹50–₹53 per share with an issue size of ₹50 crore. The IPO opened on Sep 18, 2026 and closed on Sep 22, 2026, with a lot size of 2,000 shares and a minimum investment of ₹2,12,000.
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] |
11 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 was priced at ₹50–₹53 per share, with a lot size of 2,000 shares. Bidding ran from Fri, 18 Sep 2026 to Tue, 22 Sep 2026, with shares listed on NSE SME.
The price band was ₹50–₹53 per share.
One lot was 2,000 shares. Bids had to be placed in multiples of 2,000.
A retail investor needed 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 opened on Fri, 18 Sep 2026 and closed on Tue, 22 Sep 2026.
Allotment was finalised on Wed, 23 Sep 2026.
Axiom Gas Engineering Ltd shares were listed on Fri, 25 Sep 2026 on NSE SME.
The company intended 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.
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.