Axiom Gas Engineering Limited
ListedGreen Energy Engineering · SME IPO · INE16J201028
Price band
₹51 – ₹54
Lot size
2000 shares
Min. investment
₹2,16,000
Issue size
₹50 Cr
Face value
₹5
Registrar
Kfin Technologies Ltd.
Issue timeline
Bidding opens
18 Sept 2026
Bidding closes
22 Sept 2026
Allotment
23 Sept 2026
Listing
25 Sept 2026
Final subscription
1,799
applications
₹62 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 7,82,000 | 4 |
| Non-Institutional >₹10L (bNII) | 28,96,000 | 16 |
| Non-Institutional ₹2–10L (sNII) | 10,90,000 | 6 |
| Individual (SME) | 66,24,000 | 36 |
| Total | 1,13,92,000 | 62 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
Axiom Gas Engineering Ltd. specializes in green energy engineering solutions, offering Auto LPG, CNG, and LNG solutions.
Issue details
Issue size
₹50 Cr
Fresh issue
₹50 Cr
Industry
Green Energy Engineering
Promoter holding (pre)
98.28%
Promoter holding (post)
72.15%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 74.54 | 89.85 | 100.78 Cr |
| EBITDA | 10.01 | 13.29 | 15.48 |
| Profit after tax | 5.74 | 7.75 | 9.45 Cr |
| Net worth | 13.85 | 23.83 | 33.28 Cr |
| Total assets | 52.37 | 60.83 | 69.38 |
| Total borrowing | 20.12 | 16.30 | 16.06 |
Objects of the issue
- Capital Expenditures
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Strengths
- Expertise in Executing Projects in Challenging Geographical Locations.
- Cost Optimization Strategies Without Compromising Safety Standards.
- Innovation in Developing and Implementing Cost-Effective Technical Solutions.
- Leveraging Global Engineering Resources to Deliver Superior Value.
- Commitment to Delivering Sustainable Projects with Excellence in Health Safety and Environment.
- Rapid Deployment Capabilities to Minimize Turnaround Times.
- Cost-Effective Establishment of New Auto LPG Dispensing Stations (ALDS).
Risks
- Dependence on the performance of the energy sector.
- Regulatory changes affecting the energy industry.
- Competition from other energy solution providers.
- Economic downturns impacting customer demand.
Documents
Calculate your bid
At cut-off price ₹54
Lots
2
- Shares
- 4,000
- Amount
- ₹2,16,000
Above ₹2,00,000 — this falls under the HNI / NII category, not Retail.
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login