{"id":254423,"date":"2026-09-18T08:24:20","date_gmt":"2026-09-18T02:54:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=254423"},"modified":"2026-09-18T08:24:20","modified_gmt":"2026-09-18T02:54:20","slug":"axiom-gas-engineering-initial-public-offering-day-1-subscription-18-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-1-subscription-18-september-2026\/","title":{"rendered":"Axiom Gas Engineering IPO Day 1: Subscription Opens Today, 18 September 2026"},"content":{"rendered":"

Axiom Gas Engineering IPO opens today, 18 Sep 2026, closes 22 Sep 2026. Price band Rs 50-53. Lot size 2,000 shares. Lists on NSE SME on 25 Sep.<\/em><\/p>\n

\n

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

The Axiom Gas Engineering IPO opens for subscription today, 18 September 2026, and will remain open until 22 September 2026. Axiom Gas Engineering Limited is engaged in the distribution and retailing of Auto Liquefied Petroleum Gas through a network of Auto LPG Dispensing Stations, and is raising about Rs 49.81 crore entirely through a fresh issue. The price band is set at Rs 50 to Rs 53 per share, with a lot size of 2,000 shares, and the shares are proposed to list on the NSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.<\/p>\n<\/p><\/div>\n

Axiom Gas Engineering Limited, based in Vadodara, Gujarat, has opened its IPO for subscription today, 18 September 2026. The Axiom Gas Engineering IPO is a book built SME issue worth about Rs 49.81 crore, comprising entirely a fresh issue of up to 93.98 lakh shares, with no offer for sale component, and will remain open for bidding until 22 September 2026, a five day window spanning the coming weekend. The equity shares are proposed to be listed on the NSE SME platform.<\/p>\n

The company distributes and retails Auto LPG through a network of Auto LPG Dispensing Stations that it owns and operates, and has also developed storage and allied infrastructure to support supply and distribution. Its customer base is largely made up of auto-rickshaws, taxis and small commercial vehicles with predictable daily fuel requirements, though the company depends on a small number of suppliers, with three suppliers accounting for more than 95 percent of its LPG purchases as of March 2026. The fresh issue proceeds of the Axiom Gas Engineering IPO are earmarked mainly for setting up new Auto LPG Dispensing Stations and working capital requirements.<\/p>\n

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

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n