Axiom Gas Engineering Limited
Promoters ALPESHKUMAR NAGINBHAI PATEL · KINNARI ALPESHKUMAR PATEL · SADIQUE ABDUL KADAR BANANI · ASMA MOHAMAD SADIQUE BANANI
Against an issue price of ₹54. Split- and bonus-adjusted official closes — a past move, never a forecast.
Axiom Gas Engineering Limited raised ₹50 crore through a SME-platform initial public offer.
The filing places it in Petroleum Products and names four promoters: ALPESHKUMAR NAGINBHAI PATEL, KINNARI ALPESHKUMAR PATEL, SADIQUE ABDUL KADAR BANANI and ASMA MOHAMAD SADIQUE BANANI.
The book was open from 18 September 2026 to 22 September 2026.
The issue was priced at ₹54 a share, from a band of ₹51 to ₹54.
As of the exchange's 22-Sep-2026 17:42:00 update the book was subscribed 0.00 times — bids came in below the number of shares on offer, counting bids on NSE and BSE together.
Against their reserved portions: qualified institutional buyers 0.00 times and non-institutional investors 0.00 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.
The shares listed on 25 September 2026.
The last official close on file is ₹36.50 (5 November 2026), which is 32.4% below the issue price.
It now trades as AXIOMGAS, and its filed financials are on its company page.
Shares sold in the issue at ₹54 last closed at ₹36.5.
See AXIOMGAS’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
- How it was priced
- Fixed price — the price was set in advance, with no band to bid inside
- Listing sought at
- NSE
- Registered office
- Western India
- Company website
- WWW.AXIOMGAS.COM
- Registrar
- KFin Technologies Limited
- Lead manager
- SKI Capital Services Limited
- Bidding opens18 Sept 2026
- Bidding closes22 Sept 2026
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing25 Sept 2026
Investors have bid for 0.00 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.
Bids placed on NSE alone, excluding BSE. It is smaller than the 0.00x headline above and the two must never be compared or added together.
Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.
Demand falls 9.9% between ₹51 and ₹54: that share of the bids named a price below the top of the band. The axis starts at zero.
These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.
How much of the demand falls away between the bottom and the top of the band.
Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.
We have not extracted an anchor allotment list for this issue.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment25 Oct 202650% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment24 Dec 202650% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment25 Mar 2027whole tranche releases on this date
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment25 Mar 2028whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
SKI Capital Services Limited 2025 – 2026 | 3 2 measurable | -2.5% | 2 of 2 | — | — |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Kfin Technologies Limited 2021 – 2026 | 140 46 measurable | +8.9% | 20 of 41 | 5 of 11 | 3 of 7 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Red herring prospectus (RHP)· ZIP · exchange archiveTOC_MISS
- Draft red herring prospectus (DRHP)· PDF · exchange archive1 Oct 2025
- Draft red herring prospectus (DRHP)· ZIP · exchange archive19 Dec 2024
- Anchor investor allotment· ZIP · exchange archivePARSE_FAILED
- Financial ratios advertisement· ZIP · exchange archive
- In-principle approval (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.