Axiom Gas Engineering
· SME · NSE
Price Band
₹51–54
Lot Size
2000 shares
Issue Size
₹51 Cr
Min. Investment
₹2,16,000
Grey Market Premium
Last unofficial quote before listing
No grey-market quote was reported for this issue before it listed.
Subscription Status
Category-wise subscription figures aren't available for this issue.
Axiom Gas EngineeringIPO: Overview & Key Facts
Axiom Gas Engineering IPO is an SME issue that listed on NSE on 25 September 2026. The price band is ₹51–₹54 per equity share, with a market lot of 2,000 shares. The total issue size is ₹51 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (4,000 shares), amounting to ₹2,16,000 — SME issues require individual investors to bid for at least two lots.
Axiom Gas Engineering IPO GMP & Listing
No grey market premium was reported for Axiom Gas Engineering IPO before it listed. The shares opened at ₹54.75 on listing day, 1.4% above the issue price of ₹54. An absent quote is not in itself a negative signal; SME issues in particular see little off-market trading. Read our complete guide to IPO GMP mechanics.
Axiom Gas Engineering IPO Allotment & Listing
The registrar for this issue is KFin Technologies Ltd.; the basis of allotment was finalised on 23 September 2026 and the shares listed on 25 September 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹54
Listed At
₹54.75
Current Price
₹54.05
Issue Objectives
- Capital Expenditures
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
- General Corporate Purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 17,84,000 | 20% |
| − Anchor Investor | 10,70,000 | 0% |
| − QIB (Ex. Anchor) | 7,14,000 | 0% |
| NII (HNI) | 35,68,000 | 40% |
| − bNII > ₹10L | 23,78,000 | 0% |
| − sNII < ₹10L | 11,90,000 | 0% |
| Retail | 35,68,000 | 40% |
| Market Maker | 4,78,000 | 0% |
- QIB20.0%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)40.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail40.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,16,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,16,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,24,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,80,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
3.64
EPS (Post IPO)
2.67
ROE
28.40%
P/E (Pre IPO)
14.84
P/E (Post IPO)
20.22
Market Cap
₹140.11 Cr.
Contact Details
Axiom Gas Engineering Ltd. Address
- +914045065015
- compliance@axiomgas.com
- https://www.axiomgas.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 18 Sept 2026
- Close Date
- 22 Sept 2026
- Basis of Allotment
- 23 Sept 2026
- Listing Date
- 25 Sept 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- NSE