{"id":260218,"date":"2026-09-22T09:06:26","date_gmt":"2026-09-22T03:36:26","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=260218"},"modified":"2026-09-22T09:06:26","modified_gmt":"2026-09-22T03:36:26","slug":"axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/","title":{"rendered":"Axiom Gas Engineering IPO Day 3: Subscription Closes Today, 22 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Axiom Gas Engineering IPO closes today, 22 Sep 2026. Subscribed 0.85x through Day 2 (5:25 PM): Retail 1.03x, QIB 0.80x, NII 0.68x. Price band Rs 50-53.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Axiom Gas Engineering IPO is on its final day of bidding on 22 September 2026, with the subscription window closing today. The issue has built steadily through its bidding window, from 0.61 times at the Day 1 close to around 0.85 times by the close of Day 2, with retail crossing full subscription at 1.03 times, QIB at 0.80 times, and NII at 0.68 times. With bidding open until the end of today&#8217;s session, the final Axiom Gas Engineering IPO subscription figure could move higher still before the deadline.<\/p>\n<\/p><\/div>\n<p>Axiom Gas Engineering Limited, an Auto LPG distribution and retailing company, has reached the final day of its IPO subscription window today, 22 September 2026. The Axiom Gas Engineering IPO opened on 18 September and is a fixed price SME issue at Rs 50 to Rs 53 per share, entirely a fresh issue worth about Rs 49.81 crore, with the shares proposed to list on the NSE SME platform.<\/p>\n<p>Demand for the issue has built steadily through the bidding window. The issue closed Day 1 subscribed 0.61 times overall, with QIB unusually leading at 0.80 times, and by the close of Day 2 the overall book had climbed to around 0.85 times, with retail crossing the full subscription mark at 1.03 times. QIB held steady at 0.80 times while NII improved to 0.68 times, and today&#8217;s closing session will determine whether the issue crosses full subscription overall.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=axiom-gas-engineering-ipo-day3\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#Axiom_Gas_Engineering_IPO_Details\" title=\"Axiom Gas Engineering IPO Details\">Axiom Gas Engineering IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#Axiom_Gas_Engineering_IPO_Subscription_Status_Day_3\" title=\"Axiom Gas Engineering IPO Subscription Status Day 3\">Axiom Gas Engineering IPO Subscription Status Day 3<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#How_to_Apply_for_the_Axiom_Gas_Engineering_IPO\" title=\"How to Apply for the Axiom Gas Engineering IPO\">How to Apply for the Axiom Gas Engineering IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#What_is_the_Axiom_Gas_Engineering_IPO_subscription_status_on_Day_3\" title=\"What is the Axiom Gas Engineering IPO subscription status on Day 3?\">What is the Axiom Gas Engineering IPO subscription status on Day 3?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#When_does_the_Axiom_Gas_Engineering_IPO_close\" title=\"When does the Axiom Gas Engineering IPO close?\">When does the Axiom Gas Engineering IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#What_is_the_Axiom_Gas_Engineering_IPO_price_band_and_lot_size\" title=\"What is the Axiom Gas Engineering IPO price band and lot size?\">What is the Axiom Gas Engineering IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#Is_the_Axiom_Gas_Engineering_IPO_fully_subscribed\" title=\"Is the Axiom Gas Engineering IPO fully subscribed?\">Is the Axiom Gas Engineering IPO fully subscribed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#What_is_the_Axiom_Gas_Engineering_IPO_GMP\" title=\"What is the Axiom Gas Engineering IPO GMP?\">What is the Axiom Gas Engineering IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#How_do_I_apply_for_the_Axiom_Gas_Engineering_IPO_before_it_closes\" title=\"How do I apply for the Axiom Gas Engineering IPO before it closes?\">How do I apply for the Axiom Gas Engineering IPO before it closes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#When_will_the_Axiom_Gas_Engineering_IPO_be_allotted_and_listed\" title=\"When will the Axiom Gas Engineering IPO be allotted and listed?\">When will the Axiom Gas Engineering IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#Which_category_led_the_Axiom_Gas_Engineering_IPO_subscription\" title=\"Which category led the Axiom Gas Engineering IPO subscription?\">Which category led the Axiom Gas Engineering IPO subscription?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#What_is_the_reservation_split_in_the_Axiom_Gas_Engineering_IPO\" title=\"What is the reservation split in the Axiom Gas Engineering IPO?\">What is the reservation split in the Axiom Gas Engineering IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\/#What_does_Axiom_Gas_Engineering_Limited_do\" title=\"What does Axiom Gas Engineering Limited do?\">What does Axiom Gas Engineering Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Axiom_Gas_Engineering_IPO_Details\"><\/span><strong>Axiom Gas Engineering IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>18 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>22 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 50 to Rs 53 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>2,000 shares (minimum bid 4,000 shares)<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 49.81 crore (entirely fresh issue)<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue, SME<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>NSE SME<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>23 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>25 September 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Axiom_Gas_Engineering_IPO_Subscription_Status_Day_3\"><\/span><strong>Axiom Gas Engineering IPO Subscription Status Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Session<\/th>\n<th>Overall<\/th>\n<th>Retail<\/th>\n<th>QIB<\/th>\n<th>NII<\/th>\n<\/tr>\n<tr>\n<td>Day 1 close (18 Sep, 5:30 PM)<\/td>\n<td>0.61x<\/td>\n<td>0.63x<\/td>\n<td>0.80x<\/td>\n<td>Around 0.54x<\/td>\n<\/tr>\n<tr>\n<td>Day 2 close (21 Sep, 5:25 PM)<\/td>\n<td>0.85x<\/td>\n<td>1.03x<\/td>\n<td>0.80x<\/td>\n<td>0.68x<\/td>\n<\/tr>\n<tr>\n<td>Day 3, closing day so far (22 Sep)<\/td>\n<td colspan=\"4\">Updating through the session<\/td>\n<\/tr>\n<\/table>\n<p>Retail investors have crossed full subscription in the issue through Day 2, while QIB and NII continue to build toward that mark. With bidding open until the end of today&#8217;s session, the final subscription numbers for the issue should be confirmed on the NSE website once the window shuts.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Axiom_Gas_Engineering_IPO\"><\/span><strong>How to Apply for the Axiom Gas Engineering IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 50 to Rs 53 band, with a minimum bid of 4,000 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before it closes today.<\/em><\/p>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue closes today having built to around 0.85 times overall through Day 2, with retail past full subscription while QIB and NII continue to build. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on nseindia.com, and apply only after independent due diligence before the window shuts today.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Axiom_Gas_Engineering_IPO_subscription_status_on_Day_3\"><\/span><strong>What is the Axiom Gas Engineering IPO subscription status on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On the closing day, 22 September 2026, the issue carries forward a Day 2 close of around 0.85 times overall, with retail at 1.03 times, QIB at 0.80 times, and NII at 0.68 times, and figures are updating through today&#8217;s final session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Axiom_Gas_Engineering_IPO_close\"><\/span><strong>When does the Axiom Gas Engineering IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription today, 22 September 2026, having opened on 18 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Axiom_Gas_Engineering_IPO_price_band_and_lot_size\"><\/span><strong>What is the Axiom Gas Engineering IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 50 to Rs 53 per share, with a lot size of 2,000 shares, taking the minimum investment to about Rs 2,12,000 for two lots.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Axiom_Gas_Engineering_IPO_fully_subscribed\"><\/span><strong>Is the Axiom Gas Engineering IPO fully subscribed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The retail portion of the issue crossed full subscription through Day 2 at 1.03 times, while QIB and NII remained just below full book at 0.80 times and 0.68 times respectively, with the overall figure to be confirmed once bidding closes today.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Axiom_Gas_Engineering_IPO_GMP\"><\/span><strong>What is the Axiom Gas Engineering IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Axiom_Gas_Engineering_IPO_before_it_closes\"><\/span><strong>How do I apply for the Axiom Gas Engineering IPO before it closes?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid with a minimum of 4,000 shares within the Rs 50 to Rs 53 band and approving the UPI mandate before today&#8217;s cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Axiom_Gas_Engineering_IPO_be_allotted_and_listed\"><\/span><strong>When will the Axiom Gas Engineering IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 23 September 2026, with listing on the NSE SME platform tentatively scheduled for 25 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Axiom_Gas_Engineering_IPO_subscription\"><\/span><strong>Which category led the Axiom Gas Engineering IPO subscription?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail investors led the issue through Day 2, crossing full subscription at 1.03 times, while QIB held steady at 0.80 times and NII improved to 0.68 times.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_reservation_split_in_the_Axiom_Gas_Engineering_IPO\"><\/span><strong>What is the reservation split in the Axiom Gas Engineering IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Of the net offer in the issue, qualified institutional buyers are allocated about 20 percent, non-institutional investors about 40 percent, and retail individual investors about 40 percent.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Axiom_Gas_Engineering_Limited_do\"><\/span><strong>What does Axiom Gas Engineering Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Axiom Gas Engineering Limited distributes and retails Auto Liquefied Petroleum Gas through a network of Auto LPG Dispensing Stations across Telangana, Karnataka and Maharashtra, serving auto-rickshaws, taxis and small commercial vehicles.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 3?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the closing day, 22 September 2026, the issue carries forward a Day 2 close of around 0.85 times overall, with retail at 1.03 times, QIB at 0.80 times, and NII at 0.68 times, and figures are updating through today's final session.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription today, 22 September 2026, having opened on 18 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue price band is Rs 50 to Rs 53 per share, with a lot size of 2,000 shares, taking the minimum investment to about Rs 2,12,000 for two lots.\"}},{\"@type\":\"Question\",\"name\":\"Is the issue fully subscribed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The retail portion of the issue crossed full subscription through Day 2 at 1.03 times, while QIB and NII remained just below full book at 0.80 times and 0.68 times respectively, with the overall figure to be confirmed once bidding closes today.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.\"}},{\"@type\":\"Question\",\"name\":\"How do I apply for the issue before it closes?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid with a minimum of 4,000 shares within the Rs 50 to Rs 53 band and approving the UPI mandate before today's cut off.\"}},{\"@type\":\"Question\",\"name\":\"When will the issue be allotted and listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue allotment is expected to be finalised on 23 September 2026, with listing on the NSE SME platform tentatively scheduled for 25 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue subscription?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Retail investors led the issue through Day 2, crossing full subscription at 1.03 times, while QIB held steady at 0.80 times and NII improved to 0.68 times.\"}},{\"@type\":\"Question\",\"name\":\"What is the reservation split in the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Of the net offer in the issue, qualified institutional buyers are allocated about 20 percent, non-institutional investors about 40 percent, and retail individual investors about 40 percent.\"}},{\"@type\":\"Question\",\"name\":\"What does Axiom Gas Engineering Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Axiom Gas Engineering Limited distributes and retails Auto Liquefied Petroleum Gas through a network of Auto LPG Dispensing Stations across Telangana, Karnataka and Maharashtra, serving auto-rickshaws, taxis and small commercial vehicles.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 3 Subscription Status 22 Sep 2026\",\"description\":\"The issue closes today, 22 September 2026. Day 3 subscription status and how to apply.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/axiom-gas-engineering-initial-public-offering-day-3-subscription-22-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Axiom Gas Engineering IPO closes today. 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