Skip to content
SmartFigure

Axiom Gas Engineering IPO

  • Open now
  • SME IPO (NSE Emerge)
  • NSE: AXIOMGAS

Closes tomorrow

GMP today
Not reported yet
Est. listing price
Price band
₹51 – ₹54
Lot size
2000 shares
Minimum (2 lots)
₹2,16,000
Subscribed
0.86x

GMP is what unofficial dealers quote over the issue price. It is not traded on any exchange, SEBI does not regulate it, and it often misses the listing price.

Key dates

  1. Opens

    18 Sep

  2. Closes

    22 Sep

  3. Allotment

    23 Sep(expected)

  4. Refunds and shares in demat

    24 Sep(expected)

  5. Listing

    25 Sep(expected)

Allotment, refund and listing follow SEBI's T+3 timetable, counted in trading days from the closing date.

Subscription status

  • Qualified institutional buyers (QIB)0.00x
  • Non-institutional investors (NII)0.00x
  • NII: bids above ₹10 lakh (big NII)0.00x
  • NII: bids of ₹2–10 lakh (small NII)0.00x
  • Total0.86x

1x means bids equal the shares on offer. Source: NSE, bids on NSE and BSE together, as on 21-Sep-2026 17:00:00. Refreshes every minute while the IPO is open.

Shares offered and bid for, by category
CategoryShares bid for
Qualified institutional buyers (QIB)5,72,000
Foreign institutions (FII)1,86,000
Banks, financial institutions and insurers0
Mutual funds0
Other institutions3,86,000
Non-institutional investors (NII)28,82,000
NII: bids above ₹10 lakh (big NII)21,90,000
Corporates9,80,000
Individuals(Other than RIIs)12,10,000
Others0
NII: bids of ₹2–10 lakh (small NII)6,92,000
Corporates0
Individuals(Other than RIIs)6,92,000
Others0
Total34,54,000

Lot size and investment

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

Amounts at the top of the price band (₹54 a share).

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

Issue size as stated by NSE. Details and figures: NSE.

Check allotment status

From the allotment date (Wed, 23 Sep 2026), check whether you got shares with your PAN or application number:

If you are not allotted shares, the blocked amount is released in your bank account by Thu, 24 Sep 2026.

Offer documents

The red herring prospectus (RHP) has the company's business, financials, risks and use of the money raised.

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 is expected on Wed, 23 Sep 2026 and listing is expected on Fri, 25 Sep 2026, following SEBI's T+3 timetable.

What is the Axiom Gas Engineering IPO GMP today?

No grey market premium has been reported for this IPO yet. GMP is an unofficial figure quoted outside any exchange.

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.

This page is information, not advice to apply or not. SmartFigure is not a SEBI-registered adviser. Read the RHP before you invest; IPOs can list below their issue price.