Axiom Gas Engineering IPO: GMP, subscription and allotment status
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.
Dates
18 → 22 Sept · allot 23 · list 25Refunds 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 IPOWatchGMP 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
- 4,000
- ₹2,12,000
- Retail Maximum
- 2 lots, 4,000 shares
- 4,000
- ₹2,12,000
- S-HNI Minimum
- 3 lots, 6,000 shares
- 6,000
- ₹3,18,000
- S-HNI Maximum
- 9 lots, 18,000 shares
- 18,000
- ₹9,54,000
- B-HNI Minimum
- 10 lots, 20,000 shares
- 20,000
- ₹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
₹100.78 Cr+12.2% on 2025
₹9.45 Cr+21.9% on 2025
₹69.38 Cr+14.1% on 2025
- 2026
- Revenue ₹100.78
- Profit ₹9.45
- Assets ₹69.38
- 2025
- Revenue ₹89.85
- Profit ₹7.75
- Assets ₹60.83
- 2024
- Revenue ₹74.54
- Profit ₹5.74
- Assets ₹52.37
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
- Return on net worth 6.81%
- Aegis Logistics Limited
- P/E 52.81
- EPS 25.59
- Return on net worth 18.37%
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.
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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.