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Axiom Gas Engineering IPO

  • Listed
  • SME IPO (NSE Emerge)
  • NSE: AXIOMGAS

Listed 25 Sep 2026

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Listing gain
+1.4%+₹0.75 a share · +₹1,500 a lot
Listed at
₹54.75
Price band
₹51 – ₹54
Lot size
2000 shares
Minimum (2 lots)
₹2,16,000
Subscribed
1.37x

Key dates

  1. Opened

    18 Sep

  2. Closed

    22 Sep

  3. Allotment

    23 Sep

  4. Refunds and shares credited

    24 Sep

  5. Listed

    25 Sep

Allotment was on Wed, 23 Sep 2026. Check with your PAN or application number.

Money for shares not allotted was due to be released by Thu, 24 Sep 2026. SmartFigure never asks for your PAN: these links open the registrar's and exchanges' own pages.

Subscription status

  • Total1.37x
Shares offered and bid for, by category
CategoryShares bid for
Qualified institutional buyers (QIB)7,82,000
Foreign institutions (FII)1,86,000
Banks, financial institutions and insurers0
Mutual funds0
Other institutions5,96,000
Non-institutional investors (NII)39,86,000
NII: bids above ₹10 lakh (big NII)28,96,000
Corporates14,58,000
Individuals(Other than RIIs)14,38,000
Others0
NII: bids of ₹2–10 lakh (small NII)10,90,000
Corporates6,000
Individuals(Other than RIIs)10,78,000
Others6,000
Total47,68,000

Lot size and investment

ApplicationLotsSharesAmount
Retail (minimum)24,000₹2,16,000
HNI / NII (minimum)36,000₹3,24,000

IPO details

CompanyAxiom Gas Engineering Limited
BoardSME (NSE Emerge)
Issue periodFri, 18 Sep 2026 to Tue, 22 Sep 2026
Price band₹51 – ₹54
Face value₹5 per share
Lot size2000 shares
Cut-off time for UPI Mandate Confirmation22-Sep-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding.
Issue SizeInitial Public Offer comprising of Fresh Issue up to 93,98,000 Equity Shares (including Market Maker portion of 4,78,000 Equity Shares and Anchor allocation 10,70,000 Equity Shares)
Issue TypeBook Building
Tick SizeRe.1/-
IPO Market Timings10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
Maximum Bid Quantity for QIB Investors78,50,000 Equity shares (Calculated at Higher Price band)
Maximum Bid Quantity for NIB Investors71,36,000 Equity shares (Calculated at Higher Price band)
Sponsor BankICICI Bank Limited
Contact person name number and Email idM Murali Krishna, 91 40 6716 2222, agel.ipo@kfintech.com
RegistrarKFin Technologies Limited
Lead managersSKI Capital Services Limited

Offer documents

Frequently asked questions

When does the Axiom Gas Engineering IPO open and close?

It opens on Fri, 18 Sep 2026 and closes on Tue, 22 Sep 2026.

What is the price band of the Axiom Gas Engineering IPO?

₹51 – ₹54 per share, with a face value of ₹5.

What is the lot size and minimum investment?

One lot is 2000 shares. SME retail investors must apply for at least two lots, which costs ₹2,16,000 at the top of the price band.

When is the allotment and listing date?

Allotment was on Wed, 23 Sep 2026 and the shares listed on Fri, 25 Sep 2026.

What was the Axiom Gas Engineering IPO listing gain?

It listed at ₹54.75 on Fri, 25 Sep 2026, a gain of +1.4% on the issue price of ₹54.

How do I check the Axiom Gas Engineering IPO allotment status?

On the registrar's website (KFin Technologies Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.

For information only. Not investment advice. SmartFigure is not registered with SEBI as an investment adviser or research analyst. GMP is an unofficial, unregulated grey-market figure, averaged from public websites; it is not a prediction of the listing price. Rely on the offer documents.