Axiom Gas IPO Listing Gains
| IPO Listing Date | September 25, 2026 |
| NSE Code | AXIOMGAS |
| ISIN Code | INE16J201028 |
| Offer Price | ₹51 to ₹54 |
| Face Value | ₹5 |
| Listing Price | ₹54.75 |
Details About Axiom Gas Engineering IPO
Axiom Gas Engineering received SEBI approval for an IPO of ₹50.75 crores via a fresh issue with a face value of ₹5 each. The price band was ₹51 to ₹54 per share.
In the Axiom Gas Engineering IPO, 4000 shares were offered in 2 lot sizes for the retail minimum and maximum categories.
- The S-HNI category offered 6000 shares in 3 lot sizes.
- The S-HNI category offered 18,000 shares in 9 lot sizes.
- The B-HNI Minimum category offered 20,000 shares in 10 lot sizes.
To invest in the Axiom Gas Engineering IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,12,000.
- S-HNI (Min): Minimum investment of ₹3,18,000.
- S-HNI (Max): Minimum investment of ₹9,54,000.
- B-HNI Minimum: Minimum investment of ₹10,60,000.
Axiom Gas Engineering IPO’s Subscription Duration
The opening date of the Axiom Gas Engineering IPO was September 18, 2026, and the closing date was September 22, 2026. The allotment date of the Axiom Gas Engineering IPO was September 23, 2026, and the investors will receive a refund on September 24, 2026. Axiom Gas Engineering is set to be listed on September 25, 2026.
Funds Deployment of This Company
- Capital Expenditures
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
- General Corporate Purposes
About Axiom Gas Engineering Company
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.
