Axiom Gas Engineering Limited SME IPO Analysis

INDUSTRIAL GAS SYSTEMS | NSE SME

OPEN: 18-SEP-2026 CLOSE: 22-SEP-2026 LISTING: 25-SEP-2026

Axiom Gas Engineering Limited SME IPO worth ₹24.50 Cr is in upcoming pipeline. Listing on NSE SME.

Axiom Gas Engineering designs and constructs turnkey industrial gas generation, cryogenic storage tanks, and high-pressure manifold pipelines.

₹112 - 118

PRICE BAND

+₹45

LIVE GMP

8.00x

SUBSCRIPTION

₹24.50 Cr

ISSUE SIZE

₹163

EST. LISTING

Grey Market Valuation (GMP)

All GMP Feeds →

RECORDED PREMIUM (05-Nov-2026)

+₹45

▲ 38.14% estimated listing premium over upper price band

Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated sentiment indicator based on dealer communications. Investment decisions should be based on company offer documents (RHP/DRHP).

Issue Timeline & Key Dates

Bidding Schedule

OPENS

18-Sep-2026

CLOSES

22-Sep-2026

ALLOTMENT

23-Sep-2026

REFUNDS

24-Sep-2026

DEMAT CREDIT

24-Sep-2026

LISTING

25-Sep-2026

* All dates are tentative and subject to final exchange & registrar notifications.

Key Issue Parameters

Listing Exchange	NSE SME
Issue Structure	Book Built Issue
Total Issue Size	₹24.50 Cr (1,972,457 Shares)
Fresh Issue	₹24.50 Cr
Offer for Sale (OFS)	0.05 Cr Shares
Face Value	₹10 Per Equity Share
Official Registrar	Skyline Financial Services
Lead Managers	Fedex Securities Pvt Ltd
Regulatory Filings	View DRHP / RHP

Reservation Quota Breakdown

INVESTOR CATEGORY	SHARES	% OF NET ISSUE	% OF TOTAL
QIB (Institutional)	986,229	49.93%	47.43%
• Anchor Portion	591,737	—	28.43%
• QIB (Ex-Anchor)	394,492	—	19.00%
NII (Non-Institutional / HNI)	986,229	15.03%	14.28%
• bNII (> ₹10L)	657,486	—	9.52%
• sNII (< ₹10L)	328,743	—	4.76%
Retail Individual (RII)	-1	35.04%	33.28%
Market Maker Quota	103,814	—	5.01%
TOTAL ISSUE	2,076,271	100.00%	100.00%

Lot Size & Capital Allocation

Category	Lots	Shares	Investment Required (₹)
Retail (Min)	1 Lot	1,200 Shares	₹1,41,600
Retail (Max)	1 Lots	1,200 Shares	₹1,41,600
sHNI (Min ₹2L - ₹10L)	2 Lots	2,400 Shares	₹2,83,200
bHNI (Min > ₹10L)	8 Lots	9,600 Shares	₹11,32,800