Axiom Gas Engineering
Price band ₹50–53 · Issue ₹49.81 Cr
Market attention score 15 (how ranked)
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Capital required
Approximate retail outlay for Axiom Gas Engineering at the issue price band (lot × lots).
Est. capital
₹1,00,000 – ₹1,06,000
Lot size 2,000 · up to ₹53/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
18 Sept 2026
Closes
22 Sept 2026
Allotment
23 Sept 2026
Listing
25 Sept 2026
Lot size
2,000
At a glance
IPO Open Fri, Sep 18, 2026 IPO Close Tue, Sep 22, 2026 Price Band ₹50 to ₹53 Market Cap * ₹187.32 Cr * on Upper Price IPO Details IPO Date 18 to 22 Sep, 2026 Listing Date Fri, Sep 25, 2026 T Face Value ₹ 5 per share Price Band ₹50 to ₹53 Lot Size 2,000 Shares Sale Type Fresh capital only Issue Type Bookbuilding IPO Listing At NSE SME Total Issue Size 93,98,000 shares (agg. up to ₹ 50 Cr) Reserved for Market Maker 4,78,000 shares (agg. up to ₹ 3 Cr) Sunflower Broking Pvt.Ltd. Fresh Issue (Ex Market Maker) 89,20,000 shares (agg. up to ₹ 47 Cr) Net Offered to Public 89,20,000 shares (agg. up to ₹ 47 Cr) Share Holding Pre Issue 2,59,46,000 shares Share Holding Post Issue 3,53,44,000 shares IPO Timetable (Tentative) IPO Open Fri, Sep 18, 2026 IPO Close Tue, Sep 22, 2026 Allotment Wed, Sep 23, 2026 Refund Thu, Sep 24, 2026 Credit of Shares Thu, Sep 24, 2026 Listing Fri, Sep 25, 2026 IPOs Timetable Issue Reservation Axiom Gas Engineering IPO comprises a total issue size of 93,98,000 shares. The net offer to the public is 89,20,000 shares, after excluding 4,78,000 shares allotted on a firm basis. Of the Net offer 17,84,000 are allocated to QIB , 35,68,000 (40.00%) allocated to NII 35,68,000 (40.00%) allocated to RII . Investor Category Shares % of Net Issue % of Total Issue QIB 17,84,000 NII (HNI) 35,68,000 40.00% 37.97% Retail 35,68,000 40.00% 37.97% Firm Reservations Market Maker 4,78,000 5.09% Total 93,98,000 100.00% 100.00% IPO Lot Size Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. Application Lots Shares Amount Individual investors (IND) (Min) 2 4000 ₹2,12,000 Individual investors (IND) (Max) 2 4000 ₹2,12,000 S-HNI (Min) 3 6000 ₹3,18,000 S-HNI (Max) 9 18000 ₹9,54,000 B-HNI (Min) 10 20000 ₹10,60,000 IPO Subscription Details About Axiom Gas Engineering Ltd. Updated on Sep 9, 2026 Incorporated in 2007, Axiom Gas Engineering Ltd. specialises in green energy engineering solutions. The company offers Auto LPG, CNG, and LNG solutions, catering to retail and industrial sectors with a commitment to quality, innovation, and environmental sustainability. The company operates 20+ Auto LPG Dispensing Stations (ALDS) under the name, "PRIMEFUEL" across multiple states in India including Telangana, Karnataka, and Maharashtra.
The company offers the following services:-
Overview
Axiom Gas Engineering IPO is a book build issue of ₹49.81 crores. The issue is entirely a fresh issue of 93.98 lakh shares of ₹49.81 crore.
Axiom Gas Engineering IPO opens for subscription on Sep 18, 2026 and closes on Sep 22, 2026. The allotment for the Axiom Gas Engineering IPO is expected to be finalized on Sep 23, 2026. Axiom Gas Engineering IPO will list on the NSE SME with a tentative listing date fixed as Sep 25, 2026.
Axiom Gas Engineering IPO is set issue price band at ₹50 to ₹53 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,12,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,18,000.
SKI Capital Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd.
Refer to Axiom Gas Engineering IPO RHP for detailed Information.
Issue details
IPO Date
18 to 22 Sep, 2026
Listing Date
Fri, Sep 25, 2026T
Face Value
₹5 per share
Price Band
₹50 to ₹53
Lot Size
2,000 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,12,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,12,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,18,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,54,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,60,000 |
Issue reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 17,84,000 | ||
| NII (HNI) | 35,68,000 | 40.00% | 37.97% |
| Retail | 35,68,000 | 40.00% | 37.97% |
| Firm Reservations | |||
| Market Maker | 4,78,000 | 5.09% | |
| Total | 93,98,000 | 100.00% | 100.00% |
About the company
Incorporated in 2007, Axiom Gas Engineering Ltd. specialises in green energy engineering solutions. The company offers Auto LPG, CNG, and LNG solutions, catering to retail and industrial sectors with a commitment to quality, innovation, and environmental sustainability. The company operates 20+ Auto LPG Dispensing Stations (ALDS) under the name, "PRIMEFUEL" across multiple states in India including Telangana, Karnataka, and Maharashtra.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 69.38 | 60.83 | 52.37 |
| Total Income | 100.78 | 89.85 | 74.54 |
| Profit After Tax | 9.45 | 7.75 | 5.74 |
| EBITDA | 15.48 | 13.29 | 10.01 |
| NET Worth | 33.28 | 23.83 | 13.85 |
| Reserves and Surplus | 20.31 | 10.86 | 13.60 |
| Total Borrowing | 16.06 | 16.30 | 20.12 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 28.40% |
| ROCE | 28.90% |
| Debt/Equity | 0.48 |
| RoNW | 28.40% |
| PAT Margin | 9.38% |
| EBITDA Margin | 15.36% |
| NAV | 12.83 |
| Price to Book Value | 4.13 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
3.64
P/E (x)
14.56
Market Cap at Offer Price
₹138Cr.
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 98.28% | 72.15% |
| Public | 1.72% | 27.85% |
| Total | 100% | 100% |
Objects of the issue
- — Capital Expenditures
- — Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
- — General Corporate Purposes
Intermediaries
Registrar
Kfin Technologies Ltd.
Lead manager(s)
SKI Capital Services Ltd.
FAQs
How to apply in Axiom Gas Engineering IPO through Zerodha?+
Zerodha customers can apply online in Axiom Gas Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in Axiom Gas Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Axiom Gas Engineering IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Axiom Gas Engineering IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Axiom Gas Engineering IPO will open?+
The Axiom Gas Engineering IPO opens on Fri, Sep 18, 2026 and closes on Tue, Sep 22, 2026.
What is the lot size of Axiom Gas Engineering IPO?+
Axiom Gas Engineering IPO lot size is 2000 , and the minimum amount required for application is ₹2,12,000 , with 2 lots being the minimum application size .
How to apply for Axiom Gas Engineering IPO?+
You can apply in Axiom Gas Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Axiom Gas Engineering IPO allotment?+
The finalization of Basis of Allotment for Axiom Gas Engineering IPO will be done on Wednesday, September 23, 2026 , and the allotted shares will be credited to your demat account by Thu, Sep 24, 2026 . Check the Axiom Gas Engineering IPO allotment status .
When is Axiom Gas Engineering IPO listing date ?+
The Axiom Gas Engineering IPO listing date is not yet announced. The tentative date of listing is Fri, Sep 25, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.