ICICI Securities Limited
NSE SME

Axiom Gas Engineering Limited IPO

SME Upcoming
  • IPO Open Date
  • 18th Sep 2026
  • IPO Close Date
  • 22nd Sep 2026
  • Allotment date
  • 23rd Sep 2026
  • Listing date
  • 25th Sep 2026
  • Issue Size
  • ₹ 50 Cr.
  • Issue Price Band
  • ₹ 50 to 53
  • Lot Size
  • 2000 Share
  • Minimum Investment
  • ₹ 212000

Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.

About Axiom Gas Engineering Limited

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.

Services Offered

  • Gas and Pipe Engineering: Designs, implements, and maintains efficient gas systems for various industrial and commercial needs.
  • Turnkey Services: Provides turnkey services for LPG/CNG retail, bottling, and bulk installations from concept to completion.
  • Statutory Testing and Certification: Testing and Certification for hydrocarbon equipment, ensuring compliance with safety standards.
  • Technical Consultancy: Provides expert guidance on hydrocarbon equipment design and optimization.
  • Maintenance, Operation and Training: Provides maintenance and training programs to enhance gas system longevity and performance.
  • Manufacturing Pressure Vessels through third-party collaboration.
  • Specializing in Industrial and Commercial LPG solutions.

Competitive Strengths

  • Expertise in executing projects in challenging geographical locations
  • Cost optimization strategies without compromising safety standards
  • Innovation in developing and implementing cost-effective technical solutions
  • Leveraging global engineering resources to deliver superior value
  • Commitment to delivering sustainable projects with excellence in Health, Safety and Environment
  • Rapid deployment capabilities to minimize turnaround times
  • Cost-effective establishment of new Auto LPG Dispensing Stations (ALDS)



Read More

IPO Subscription Details

Category Shares Offered Shares Applied Subscription Times (x)
Updated on

Grey Market Premium (GMP)

GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
11-09-2026 ₹53 ₹0 ₹53 ( 0.00% ) ₹0.00 11-Sep-2026 03:11 PM
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.

Financials of Axiom Gas Engineering Limited

A quick overview of the key financial performance of Axiom Gas Engineering Limited.

Total Assets (₹ Cr)

Revenue (₹ Cr)

Profit after Tax (₹ Cr)

*All values are in Rs. Cr

Company Financials

Revenue increased by 12%, Profit after Tax (PAT) increased by 22%, Total Assets increased by 14% between FY2025 and FY2026.

Period Ended FY2024 FY2025 FY2026
Revenue 74.54 89.84 100.76
Assets 52.37 60.83 69.38
Total Income 74.54 89.85 100.78
Profit After Tax 5.74 7.75 9.45
EBITDA 10.01 13.29 15.48
Net Worth 13.85 23.83 33.28
Reserves & Surplus 13.60 10.86 20.31
Total Borrowings 20.12 16.30 16.06
Amount in ₹ Crore

IPO Lot Size

Application Lots Shares Amount
Individual Investors (IND) (Min) 2 4,000 ₹ 2,12,000
Individual Investors (IND) (Max) 2 4,000 ₹ 2,12,000
S-HNI (Min) 3 6,000 ₹ 3,18,000
S-HNI (Max) 9 18,000 ₹ 9,54,000
B-HNI (Min) 10 20,000 ₹ 10,60,000

Key Performance Indicators (KPI)

KPI Latest
ROE (%) 28.4
ROCE (%) 28.9
Debt / Equity 0.48
RoNW (%) 28.4
PAT Margin (%) 9.38
EBITDA Margin (%) 15.36
Pre IPO
Post IPO
EPS (₹)
3.64
-
P/E (x)
-
-
Promoter Holding (%)
98.28
-
Market Cap 138
Disclaimer: KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.

IPO Lead Manager(s)

Lead Manager Details

  • SKI Capital Services Limited

IPO Registrar

  • Registrar Name
  • KFin Technologies Limited
  • Phone
  • +91 40 6716 2222
  • Contact Person
  • M Murali Krishna
  • SEBI Registration Number
  • INR000000221
  • Address
  • Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad 500032, Telangana, India

Company Contact Details

  • Company Name
  • Axiom Gas Engineering Limited
  • Phone
  • +91 40 4506 5015
  • Contact Person
  • Mahesh Maheshwari
  • Corporate Identity Number
  • U23201GJ2007PLC051590
  • Address
  • # 522 To 527, SWC Hub, 5th Floor, Opp Rajpath Complex, Near Essar Petrol Pump, Bhaily, Vadodara, Gujarat, India - 391410

Axiom Gas Engineering Limited FAQs

The Axiom Gas Engineering Limited IPO is a SME IPO with a total issue size of ₹ 50 crores. The IPO price band is fixed at ₹50 to ₹ 53 per share, and the minimum lot size is 2000 Shares. The Axiom Gas Engineering Limited IPO will open on 18th Sep 2026, and will close on 22nd Sep 2026. KFin Technologies Limited has been appointed as the registrar for the issue. The equity shares are proposed to be listed on NSE SME.

The Axiom Gas Engineering Limited IPO opens on 18th Sep 2026 and closes on 22nd Sep 2026.

The Axiom Gas Engineering Limited IPO lot size is 2000 Share, and the minimum amount required for application is ₹ 212000.

You can apply for the Axiom Gas Engineering Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Axiom Gas Engineering Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Axiom Gas Engineering Limited IPO listing date is 25th Sep 2026.
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