Axiom Gas Engineering Limited
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The capital markets are poised for the arrival of Axiom Gas Engineering Limited's's Initial Public Offering, targeting a total fundraise of 93,98,000 Shares. This comprises 89,20,000 Shares in new capital generation.
Investors can consider participating in this offering within the stipulated price range of ₹50 to ₹53, with each application lot consisting of 2000 shares. The IPO represents a milestone event in the company's corporate journey.
The subscription period commences on Sep 18, 2026 and will remain open until Sep 22, 2026. The basis of allotment will be announced on Sep 23, 2026, with trading expected to initiate on Sep 25, 2026 across the NSE platform.
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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