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Company Contact Information
Axiom Gas Engineering Ltd
Registered Office: #.522-527 SWC Hub 5th Floor, Opp Rajpath Complex Bhaily, Vadodara - 391410, Gujarat
Phone: +91 40450 65015
Email: compliance@axiomgas.com
Website: www.axiomgas.com
Initial public offer of up to 93,98,000 equity shares of face value of Rs. 5 each ("Equity Shares") of Axiom Gas Engineering Limited ("AGEL" or the "Company") for cash at a price of Rs. 54 per equity share (Including a Share Premium of Rs. 49 Per Equity Share) (the "Issue Price") aggregating to Rs. 50.75 Crores (the "Issue"). Comprises a fresh issue of 93,98,000 equity shares aggregating to Rs. 50.75 Crores by the company ("Fresh Issue"). There is no offer for sale component in the issue. Out of the issue, 4,78,000 equity shares aggregating to Rs. 2.58 Crores were reserved for subscription by the market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. 89,20,000 equity shares of face value of Rs. 5 each at an issue price of Rs. 54 per equity share aggregating to Rs. 48.17 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue constitute 26.59% and 25.25% respectively of the post issue paid up equity share capital of the company.(the "Net Issue"). The issue and the net issue will constitute 26.59% and 25.24%, respectively, of the post-Issue paid-Up equity share capital of the company. Price Band: Rs. 54/- per equity share of face value of Rs. 5/- each. The floor price is 10.80 times the face value of the equity shares. Exceeds two lots, being a minimum of 4,000 equity shares, and in multiples of 2,000 equity shares thereafter.
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
18-Sep-2026 22-Sep-2026 ₹ 54.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 44.22 Ski Capital Services Ltd
Project Financed through Current Offer 50.75
Post Issue Equity Share Capital 17.67
Issue Price ₹54.00
Projects
Projects
Capital Expenditure
Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company.
General Corporate Purposes.
Promoted By
Promoted By
Sadique Abdul Kadar Banani
Alpeshkumar Naginbhai Patel
Asma Mohamad Sadique Banani
Listing At
Listing At
NSE - SME
Registrar to the Issue
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

73,895.74 315.20 (0.43%)

Nifty

23,140.50 77.40 (0.34%)

GLOBAL INDICES

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NASDAQ
HANG SENG

24,507.16 -253.98(-1.03%)