Issue Price
₹53
Per Share
GMP
NIL
Grey Market
Est. Listing
₹53
Expected Price
Min. Application
₹212,000
2 lots × 2000 shares
Axiom Gas Engineering Ltd. is proposing an Initial Public Offering (IPO) on the BSE SME platform under the SME category. The total issue size is 93,98,000 shares (agg. up to ₹50 Cr).
Subscription opens 18 Sep 2026, closes 22 Sep 2026. Listing expected 25 Sep 2026. Apply via ASBA or UPI.
Axiom Gas Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 478,000 | — | ₹2.53 Cr | — |
| TOTAL | 9,398,000 | 100.00% | ₹49.81 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹106,000 |
| Retail (Max) | 13 | 26,000 | ₹1,378,000 |
| sNII (Min) | 14 | 28,000 | ₹1,484,000 |
| bNII (Min) | 68 | 136,000 | ₹7,208,000 |
| Particulars | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 100.78 | 89.85 | 74.54 |
| EBITDA | 15.48 | 13.29 | 10.01 |
| Profit After Tax (PAT) | 9.45 | 7.75 | 5.74 |
| Net Worth | 33.28 | 23.83 | 13.85 |
| Total Assets | 69.38 | 60.83 | 52.37 |
| Reserves & Surplus | 20.31 | 10.86 | 13.60 |
| Total Borrowings | 16.06 | 16.30 | 20.12 |