Axiom Gas Engineering Limited
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The public offering of Axiom Gas Engineering Limited's is now live, with subscription applications being processed for the 93,98,000 Shares issue. This includes 93,98,000 Shares in fresh equity capital.
Investors can currently participate at prices within the ₹51 to ₹54range, with minimum application requirements of 2000 shares. The active subscription period represents a critical phase in the company's public market journey.
Applications must be submitted by Sep 22, 2026 to be considered for allotment. The basis of allotment will be announced on Sep 23, 2026, with subsequent listing activities commencing on Sep 25, 2026 at the NSEtrading facility.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2007, Axiom Gas Engineering Limited is a green energy engineering company providing solutions for Auto LPG, CNG, and LNG applications across retail, industrial, and commercial sectors. The company operates more than 20 Auto LPG Dispensing Stations (ALDS) under the “PRIMEFUEL” brand across states including Telangana, Karnataka, and Maharashtra. Its services include gas and pipeline engineering, turnkey solutions for LPG and CNG retail, bottling and bulk installations, statutory testing and certification of hydrocarbon equipment, technical consultancy, maintenance and training services. The company also manufactures pressure vessels through third-party collaborations and specializes in industrial and commercial LPG solutions. With a focus on quality, safety, innovation, and environmental sustainability, Axiom Gas Engineering provides end-to-end solutions for efficient and reliable gas infrastructure.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Specialized Gas Engineering Solutions: Provides engineering and infrastructure solutions for the gas industry, supporting applications across gas distribution and related projects.
- Growing Natural Gas Infrastructure: Increasing development of city gas distribution networks, pipelines, and clean-energy infrastructure provides opportunities for business expansion.
- Technical & Project Execution Expertise: Engineering capabilities and industry experience support project design, installation, commissioning, and execution.
- Project Execution Risk: Delays in project completion, approvals, or commissioning may affect revenue, cash flows, and profitability.
- Dependence on Gas Sector: Business performance is closely linked to investments in gas distribution, pipelines, and related energy infrastructure.
- Competitive & Regulatory Risk: Competition from established engineering companies and changes in gas-sector regulations may affect order inflows and margins.
- Alpeshkumar Naginbhai Patel
- Kinnari Alpeshkumar Patel
- Sadique Abdul Kadar Banani
- Asma Mohamad Sadique Banani
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