Axiom Gas Engineering Limited logo

Axiom Gas Engineering IPO: GMP, subscription and allotment status

SMEKFin TechnologiesListed25 Sept

This IPO has left the live dashboard. The figures below are as recorded on 2 Oct 2026.

₹0grey-market premium

Listed at
₹54.75
+1.4% on issue price
Est. listing
₹53
0.0% on issue price
Price band
₹51–54
Lot
2,000 shares
Min. ₹1,08,000

Allotment

Allotment is published. Check every saved PAN in one go.

Check allotment

Dates

18 → 22 Sept · allot 23 · list 25

Refunds and shares in your demat account on 24 Sept.

Subscription by category

Subscription figures for this issue aren't available here.

See this IPO on IPOWatch

GMP day by day

The last GMP before listing was ₹0 on 24 Sept, pointing to a listing around ₹54. It listed at ₹54.75, ₹0.75 above that estimate.

25 Sept 2026
GMP ₹0
Est. listing ₹54 0.0%
24 Sept 2026
GMP ₹0
Est. listing ₹54 0.0%

Recorded once a day from IPOWatch's GMP table. GMP is unofficial and doesn't guarantee a listing price.

Issue details

Segment
SME
Face value
₹5
Issue type
Book build Issue
Fresh issue
₹50.75 Crores
Listing at
NSE SME
Registrar
KFin Technologies
NSE symbol
AXIOMGAS

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
2 lots, 4,000 shares
₹2,12,000
Retail Maximum
2 lots, 4,000 shares
₹2,12,000
S-HNI Minimum
3 lots, 6,000 shares
₹3,18,000
S-HNI Maximum
9 lots, 18,000 shares
₹9,54,000
B-HNI Minimum
10 lots, 20,000 shares
₹10,60,000

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Capital Expenditures
₹27.60 Cr
Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
₹9.12 Cr
General Corporate Purposes
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹100.78 Cr+12.2% on 2025

Profit, ₹ crore

₹9.45 Cr+21.9% on 2025

Assets, ₹ crore

₹69.38 Cr+14.1% on 2025

2026
Revenue ₹100.78
Profit ₹9.45
2025
Revenue ₹89.85
Profit ₹7.75
2024
Revenue ₹74.54
Profit ₹5.74

In ₹ crore, for the years the offer document reports.

ROE
28.40%
ROCE
28.90%
EBITDA Margin
15.36%
PAT Margin
9.38%
Debt to equity ratio
0.48
Earning Per Share (EPS)
₹3.64 (Basic)
Return on Net Worth (RoNW)
28.40%
Net Asset Value (NAV)
₹12.83

Listed peers

Confidence Petroleum India Limited
P/E 26.70
EPS 2.80
Aegis Logistics Limited
P/E 52.81
EPS 25.59

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

NII
50%
Retail
50%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Alpeshkumar Naginbhai Patel, Kinnari Alpeshkumar Patel, Sadique Abdul Kadar Banani and Asma Mohamad Sadique Banani
Promoter holding
98.28% before the IPO, 72.15% after
Lead managers
SKI Capital Services Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More SME IPOs

Frequently asked questions

What is the GMP of Axiom Gas Engineering IPO today?
The grey-market premium is ₹0, which points to a listing around ₹53 (0.0% on the issue price). GMP is unofficial and doesn't guarantee a listing price.
When does Axiom Gas Engineering IPO open and close?
Bidding ran from 18 September 2026 to 22 September 2026.
What is the Axiom Gas Engineering IPO allotment date?
Allotment is out. You can check it by PAN now.
When will Axiom Gas Engineering IPO list?
It listed on 25 September 2026.
How did Axiom Gas Engineering IPO list against its GMP?
The last grey-market premium before listing was ₹0 on 24 September 2026, pointing to a listing around ₹54. It listed at ₹54.75, ₹0.75 above that estimate.
What is the lot size and minimum investment for Axiom Gas Engineering IPO?
One lot is 2,000 shares, so the minimum investment at the upper price of ₹54 is ₹1,08,000.
How do I check Axiom Gas Engineering IPO allotment status?
KFin Technologies has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.
Axiom Gas Engineering IPO listing price & allotment status