{"id":239461,"date":"2026-09-10T09:40:43","date_gmt":"2026-09-10T04:10:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=239461"},"modified":"2026-09-10T09:40:43","modified_gmt":"2026-09-10T04:10:43","slug":"blogs-axiom-gas-engineering-initial-public-offering-review","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/blogs-axiom-gas-engineering-initial-public-offering-review\/","title":{"rendered":"Axiom Gas Engineering IPO Review: Key Details, Company Overview and Financials"},"content":{"rendered":"

Axiom Gas Engineering IPO price band Rs 50 to Rs 53. Opens 18 Sep, closes 22 Sep 2026. Issue size Rs 49.81 Cr. Lists 25 Sep on NSE SME.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Axiom Gas Engineering IPO is a Rs 49.81 crore bookbuilding SME issue priced between Rs 50 and Rs 53 per share, open for bidding from 18 to 22 September 2026. The Vadodara based Auto LPG distribution and retailing company is raising the entire issue as a fresh issue, with no offer for sale. Shares are proposed to list on NSE SME around 25 September 2026, on the back of FY26 revenue growth of 12 percent and profit growth of 22 percent.<\/p>\n<\/p><\/div>\n

The Axiom Gas Engineering IPO is a bookbuilding issue of Rs 49.81 crore, comprising an entirely fresh issue of equity shares, with no offer for sale component. The IPO will open for subscription on 18 September 2026 and close on 22 September 2026. The allotment is expected to be finalised on 23 September 2026, while the shares are proposed to list on the SME platform of NSE around 25 September 2026.<\/p>\n

The Axiom Gas Engineering IPO price band is set at Rs 50 to Rs 53 per share, with a minimum bid of 4,000 shares, requiring an investment of Rs 2,12,000 at the upper price band. Unusually for an SME issue, the reservation is split only between retail (50 percent) and non-institutional (50 percent) investors, with no QIB portion.<\/p>\n

Key intermediaries for the Axiom Gas Engineering IPO include KFin Technologies Ltd. as the registrar to the issue.<\/p>\n

For detailed information on the company’s business, financials, risk factors and the proposed utilisation of proceeds, investors should refer to the Axiom Gas Engineering IPO Red Herring Prospectus (RHP) before making an investment decision.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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