Axiom Gas Engineering IPO Details
Axiom Gas Engineering IPO Market Lot
The Axiom Gas Engineering IPO minimum market lot is 4,000 shares with ā¹2,12,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ā¹2,12,000 |
| Retail Maximum | 2 | 4,000 | ā¹2,12,000 |
| S-HNI Minimum | 3 | 6,000 | ā¹3,18,000 |
| S-HNI Maximum | 9 | 18,000 | ā¹9,54,000 |
| B-HNI Minimum | 10 | 20,000 | ā¹10,60,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| NII Shares Offered | 35,68,000 Shares | 50% |
| Retail Shares Offered | 35,68,000 Shares | 50% |
Axiom Gas Engineering IPO Dates
The Axiom Gas Engineering IPO date is September 18 and the close date is September 22. The Axiom Gas Engineering IPO allotment will be finalized on September 23 and the IPO listing on September 25.
| IPO Open Date: | September 18, 2026 |
| IPO Close Date: | September 22, 2026 |
| Basis of Allotment: | September 23, 2026 |
| Refunds: | September 24, 2026 |
| Credit to Demat Account: | September 24, 2026 |
| IPO Listing Date: | September 25, 2026 |
Promoters and Holding Pattern
The promoters of the company are Alpeshkumar Naginbhai Patel, Kinnari Alpeshkumar Patel, Sadique Abdul Kadar Banani and Asma Mohamad Sadique Banani.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 25,500,000 | 98.28% | 25,500,000 | 72.15% |
| Others* | 446,000 | 1.72% | 9,844,000 | 27.85% |
| Total | 25,946,000 | 100% | 35,344,000 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Capital Expenditures | ā¹27.60 |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | ā¹9.12 |
| General Corporate Purposes | ā¹- |
About Axiom Gas Engineering
Axiom Gas Engineering, founded in 2007, is one of the leading green energy engineering solutions providers. The firm offers Auto LPG, CNG, and LNG solutions to retail and industrial sectors.
The company provides various services: Gas and Pipe Engineering, Turnkey Services, Technical Consultancy, Maintenance, Operation, Training, and Manufacturing Pressure Vessels. The company operates 20+ Auto LPG Dispensing Stations (ALDS) under the name “PRIMEFUEL” across multiple states in India, including Telangana, Karnataka, and Maharashtra.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹74.54 | ā¹66.85 | ā¹5.74 | ā¹52.37 |
| 2025 | ā¹89.85 | ā¹79.49 | ā¹7.75 | ā¹60.83 |
| 2026 | ā¹100.78 | ā¹88.13 | ā¹9.45 | ā¹69.38 |
Company Valuation – FY2026
Check Axiom Gas Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 28.40% |
| ROCE: | 28.90% |
| EBITDA Margin: | 15.36% |
| PAT Margin: | 9.38% |
| Debt to equity ratio: | 0.48 |
| Earning Per Share (EPS): | ā¹3.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 28.40% |
| Net Asset Value (NAV): | ā¹12.83 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Confidence Petroleum India Limited | 2.80 | 26.70 | 6.81% | 42.69 | 4,704.57 Cr. |
| Aegis Logistics Limited | 25.59 | 52.81 | 18.37% | 172.49 | 8,333.21 Cr. |
IPO Lead Managers aka Merchant Bankers
- SKI Capital Services Ltd.
Company Address
Axiom Gas Engineering Ltd.
522 To 527, SWC Hub, 5th Floor Opp Rajpath Complex
Near Essar Petrol Pump
Bhaily
Vadodara, Gujarat, 391410
Phone: +914045065015
Email: compliance@axiomgas.com
Website: https://www.axiomgas.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 040-79615565
Email: agel.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
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