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Axiom Gas Engineering IPO

IPO GMP

—

+0% expected gain

Price Band

₹53

Lot Size

4000 shares

Min Investment

₹2,12,000

Listing Date

September 25, 2026

IPO Details

Issue TypeBook build Issue
Face Value₹5
Price Band₹53
Lot Size4000 shares
Total Issue Size₹50.75 Cr
Fresh Issue₹50.75 Cr
Offer for Sale—
Listing AtNSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)1.1x
Non-Institutional (NII)0.98x
Retail Individual (RII)1.85x
Total Subscription1.36x

Financials

Restated summary financials for the most recent periods.

PeriodRevenueProfitAssets
2024₹74.54₹5.74₹52.37
2025₹89.85₹7.75₹60.83
2026₹100.78₹9.45₹69.38

Figures are indicative and restated for presentation.

Axiom Gas Engineering IPO Key Numbers

Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

Market cap at upper band

₹187.3 Cr

Post-IPO shares × upper price band

P/E on 2026 profit

19.8x

Peer median 39.8x (discount of 50.3%)

Price to sales

1.86x

Revenue growth, 2026

+12.2%

16.3% a year over the period

Profit growth, 2026

+21.9%

28.3% a year over the period

Profit margin (PAT)

9.4%

EBITDA margin 15.36%

ROE / ROCE

28.4% / 28.9%

As published in the offer document

Debt to equity

0.48

Promoter holding

98.28% → 72.15%

Before → after the IPO

Issue mix

100% fresh / 0% sale

Fresh issue goes to the company, offer for sale to selling shareholders

GMP-implied gain per lot

₹0

4000 shares on ₹2,12,000. GMP is unofficial.

What stands out

  • Priced at a 50.3% discount to the peer median P/E of 39.8.

Watch-outs

  • 1 use-of-proceeds item(s) have no disclosed amount.
Listing price scenarios
If the current GMP holds₹53.000%

Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

Not yet available for this IPO: business description, published risk factors.

IPO Analysis SummaryAI-generated

A plain-language review of Axiom Gas Engineering's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

Axiom Gas Engineering IPO Review

Analysis based on live GMP, subscription, and issue details.

Axiom Gas Engineering IPO is currently showing a negative GMP of —, which may indicate weak short-term listing sentiment.

The IPO has been subscribed 1.36x overall — QIB: 1.1x, NII: 0.98x, Retail: 1.85x.

Axiom Gas Engineering IPO subscription has closed. The shares are expected to list on September 25, 2026.

The minimum investment required is ₹2,12,000 for 4000 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

Axiom Gas Engineering IPO — Frequently Asked Questions

What is Axiom Gas Engineering IPO GMP today?

Grey market premium (GMP) data for Axiom Gas Engineering IPO is not yet available. Please check back closer to the subscription date.

What is the price band of Axiom Gas Engineering IPO?

The price band for Axiom Gas Engineering IPO is ₹53 with a lot size of 4000 shares. The minimum investment required is ₹2,12,000.

When is Axiom Gas Engineering IPO allotment date?

Axiom Gas Engineering IPO allotment is expected to be finalised on September 23, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.

When will Axiom Gas Engineering IPO list on NSE/BSE?

Axiom Gas Engineering IPO is expected to list on NSE SME on September 25, 2026.

How to check Axiom Gas Engineering IPO allotment status?

To check Axiom Gas Engineering IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

Should I apply for Axiom Gas Engineering IPO?

Axiom Gas Engineering IPO has a GMP of —. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

What is the lot size of Axiom Gas Engineering IPO?

The lot size for Axiom Gas Engineering IPO is 4000 shares per lot. The minimum investment for retail investors is ₹2,12,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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