open · IPO · NSE SME · closes tomorrow

Axiom Gas Engineering Limited

Raising ₹44.97 Cr at ₹51 – ₹54 per share.

Subscription window 69%

0.81×

total subscription so far

Price band
₹51 – ₹54
Shares per lot
2,000
Retail minimum
₹1,08,000
Issue size
₹44.97 Cr
Face value
₹5

Company research

Tijori Finance

Axiom Gas Engineering is a trusted provider of Auto LPG solutions for retail and industrial sectors, focusing on quality, innovation, and environmental sustainability.

Financials — ₹ crore
Period Revenue PAT Debt
Mar 2024
74.54 Cr
5.74 Cr 20.12 Cr
Mar 2025
89.84 Cr
7.75 Cr 16.3 Cr
Mar 2026
100.76 Cr
9.45 Cr 16.06 Cr
Revenue mix
LPG Sale
100%
Peer comparison
Company Mkt cap Revenue P/E P/B
CONFIPET 2,888 3,145 Cr 21.4 2.03
AEGISLOG 48,485 8,333 Cr 37.94 7.84

Subscription by investor category

as of As on 18-Sep-2026 17:00:02 IST
1

QIB — Qualified Institutional Buyers

5,72,000 shares bid · 0 offered · 3 applications

2

QIB · FII / FPI

1,86,000

· 1 applications

5

QIB · Others

3,86,000

· 2 applications

6

NII — Non-Institutional Investors

28,10,000 shares bid · 0 offered · 57 applications

7

NII · Big (> ₹10 lakh)

21,50,000 shares bid · 0 offered · 9 applications

8

Retail Individual Investors

6,60,000

· 833 applications

9

NII · Small (≤ ₹10 lakh)

6,60,000 shares bid · 0 offered · 48 applications

Bid book by price

cumulative NSE demand
₹54 37,92,000
₹53 38,16,000
₹51 48,08,000

Updated 18-Sep-2026 17:00:02. Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Parties to the issue

Book-running lead manager
Ski Capital Services Limited
Registrar
KFin Technologies Limited
Sponsor bank
ICICI Bank Limited

Exchange filings

Fields captured from NSE and BSE
Issue information
Exchange note
*As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall, at all times, maintain the electronic records relating to such forms for a minimum period of three years.
Symbol
AXIOMGAS
Issue Period
18-Sep-2026 to 22-Sep-2026
Cut-off time for UPI Mandate Confirmation
22-Sep-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Issue Size
Initial Public Offer comprising of Fresh Issue up to 93,98,000 Equity Shares (including Market Maker portion of 4,78,000 Equity Shares and Anchor allocation 10,70,000 Equity Shares)
Issue Type
Book Building
Price Range
Rs.51 to Rs.54 per equity share
Lot Size
2000 Equity Shares
Face Value
Rs.5 per Equity Share
Tick Size
Re.1/-
IPO Market Timings
10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
Maximum Bid Quantity for QIB Investors
78,50,000 Equity shares (Calculated at Higher Price band)
Maximum Bid Quantity for NIB Investors
71,36,000 Equity shares (Calculated at Higher Price band)
Book Running Lead Managers
SKI Capital Services Limited
Sponsor Bank
ICICI Bank Limited
Categories
FI, IC, MF, FII, OTH, CO, IND and NOH
Sub-Categories applicable for UPI
IND (Up to Rs. 5,00,000)
Name of the Registrar
KFin Technologies Limited
Address of the Registrar
Selenium Tower B, Plot No. 31-32, Gachibowli, Financial District,Nanakramguda, Serilingampally, Hyderabad – 500032, Telangana
Contact person name number and Email id
M Murali Krishna, 91 40 6716 2222, agel.ipo@kfintech.com
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
Processing of ASBA Applications
Processing of ASBA Applications
List of mobile applications accepting UPI as Payment Option
List of mobile applications accepting UPI as Payment Option
Video link for UPI based ASBA process
Video link for UPI based ASBA process
Video link for BHIM UPI Registration
Video link for BHIM UPI Registration

Documents

Data sources: NSE , NSE , NSE , NSE , NSE , NSE . Data quality clean.