ListedSME
Axiom Gas Engineering IPO Date, GMP, Review, Price, Allotment Details
Updated
Axiom Gas Engineering listed on NSE Emerge on 25 Sep 2026 at ₹54.75, a 1.4% premium to its issue price of ₹54. The IPO was subscribed 2.07 times overall. Bidding ran from 18 Sep to 22 Sep 2026 with a lot size of 2,000 shares.
- Price band
- ₹51–54
- Lot size
- 2,000 shares
- Minimum investment
- ₹2,16,000 (2 lots)
- Bidding
- 18 Sep – 22 Sep 2026
- Listing
- 25 Sep 2026
- Issue size
- ₹51 crore
- Exchange
- NSE Emerge
- Registrar
- Kfin Technologies Limited
Axiom Gas Engineering IPO GMP today
No GMP was recorded for this IPO.
What GMP means: the grey market premium is an unofficial price that some traders quote before listing. It is not regulated and not published by the exchanges.
GMP often changes sharply and is not a prediction of the listing price. For official demand, check the subscription figures on this page.
About Axiom Gas Engineering
A plain-language profile of the company, its products and services, key strengths and a SWOT analysis will appear here.
Axiom Gas Engineering IPO review: an honest look at the numbers
Here is an honest look at what the numbers say about the Axiom Gas Engineering IPO. We don't tell you to apply or to stay away. We lay out the facts so you can decide.
- Issue size: At ₹51 crore, this is a small issue.
- Price: The price band is ₹51–54 per share. The smallest application costs ₹2,16,000 at the top of the band.
- Demand: Bids so far cover the shares on offer 2.07 times, which is moderate demand.
- SME platform: SME shares usually trade less often than mainboard shares, and the minimum application is larger. That can make it harder to sell quickly.
- Listing: The shares listed at ₹54.75, 1.4% above the issue price. They now trade at ₹46 (−14.8% from the issue price).
Before you decide
Read the "Risk factors" and "Objects of the issue" chapters of the RHP for the Axiom Gas Engineering IPO. They explain what could go wrong and how the money will be used.
Ask yourself whether you would hold the shares if they listed below the issue price. Invest only money you will not need soon.
This review summarises public data. It is not a rating or a recommendation to apply.
Axiom Gas Engineering IPO subscription status
Updated · final figures
| Category | Times subscribed |
|---|---|
| Total | 2.07× |
A figure of 3× means investors bid for three times the shares on offer in that category.
Axiom Gas Engineering IPO lot size and minimum investment
One lot of the Axiom Gas Engineering IPO is 2,000 shares. At the upper price band of ₹54, one lot costs ₹1,08,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum application | 2 | 4,000 | ₹2,16,000 |
| Next size up (HNI) | 3 | 6,000 | ₹3,24,000 |
SME IPOs have a larger minimum application than mainboard issues. Bids above the minimum are made in whole lots.
Axiom Gas Engineering IPO employee quota, anchor investors and bids
Employee quota
Whether there is an employee quota will appear here once confirmed from the RHP.
Anchor investors
| Lock-in on 50% of anchor shares ends | Sat, 24 Oct 2026 30 days |
|---|---|
| Lock-in on remaining 50% ends | Wed, 23 Dec 2026 90 days |
Lock-in dates are counted from the allotment date under SEBI rules. Shares coming out of lock-in can add selling pressure around those dates.
How much QIB, NII and retail investors bid
Updated
| Category | Shares on offer | Times subscribed | Amount bid |
|---|---|---|---|
| Total (excluding anchors) | 2.07× | — |
Amount bid is demand, not money invested; most bidders receive fewer shares and get the rest refunded.
Axiom Gas Engineering listed peers
The top listed peers of Axiom Gas Engineering, with their P/E and RoNW from the RHP, will appear here.
Axiom Gas Engineering IPO date and timeline
- Bidding opens
- Bidding closes
- Basis of allotment
- Refunds start
- Shares credited to demat
- Listing
Approve your UPI mandate before 5 pm on the closing day, or the bid is rejected.
What happens after bidding closes
Bidding closed on 22 Sep 2026. The registrar then works out who gets shares, and the basis of allotment was finalised on 24 Sep 2026.
If you don't get shares, the money blocked in your bank account is released from 24 Sep 2026. If you do, the shares reach your demat account the same day.
The Axiom Gas Engineering IPO listed on NSE Emerge on 25 Sep 2026, when trading in the shares begins.
Axiom Gas Engineering financials
What brokers say about the Axiom Gas Engineering IPO
Broker IPO notes usually arrive a day before bidding opens. We add each firm's rating and reason here, with a link to the original.
Marketasset notes on the Axiom Gas Engineering IPO
Our notes on the use of proceeds, promoter holding and key risks from the RHP will appear here.
How to apply for the Axiom Gas Engineering IPO
- Choose your bid. Pick the number of lots (minimum ₹2,16,000) and tick "cut-off price" so your bid counts at the final price.
- Apply through UPI or ASBA. Use your broker's app with your UPI ID, or your bank's net banking (ASBA). The money is blocked, not debited.
- Approve the UPI mandate in your UPI app before 5 pm on the closing day.
- Check allotment after the allotment date, as explained in the next section.
This is an SME IPO: the minimum application is larger than for mainboard issues, and shares trade on the SME platform.
How to check Axiom Gas Engineering IPO allotment status
The basis of allotment for the Axiom Gas Engineering IPO was finalised on 24 Sep 2026. After that, you can check your status in any of these places.
- Registrar's website: open Kfin Technologies Limited's allotment page, choose Axiom Gas Engineering and enter your PAN or application number.
- BSE: BSE's allotment status page. Select the issue type and name, then enter your application number and PAN.
- NSE: NSE's IPO bid verification page. Log in with your PAN to see your bid and allotment.
- Your bank or broker: the UPI mandate is either debited (shares allotted) or released (not allotted), usually by SMS.
IPO rules, including how retail shares are allotted by lottery when an issue is oversubscribed, are set by SEBI.
Axiom Gas Engineering IPO listing performance
| Issue price | ₹54 |
|---|---|
| Listing price (NSE Emerge) | ₹54.75 |
| Listing gain | +1.39% |
| Current price 13 Nov 2026, 9:47 am IST | ₹46 |
| Change from issue price | −14.81% |
Axiom Gas Engineering IPO FAQs
When does the Axiom Gas Engineering IPO open and close?
This IPO was open for bidding from 18 Sep 2026 to 22 Sep 2026.
What is the price band and lot size of the Axiom Gas Engineering IPO?
The price band is ₹51–54 per share and one lot is 2,000 shares.
What is the minimum investment in the Axiom Gas Engineering IPO?
The smallest application is 2 lots (4,000 shares), which costs ₹2,16,000 at the top of the price band.
When is the Axiom Gas Engineering IPO allotment date and how do I check my status?
The basis of allotment was finalised on 24 Sep 2026. You can check your allotment status on the website of the registrar, Kfin Technologies Limited, using your PAN or application number, or on the BSE and NSE websites.
When will Axiom Gas Engineering shares list?
Axiom Gas Engineering listed on NSE Emerge on 25 Sep 2026. The listing price was ₹54.75, 1.4% above the issue price.
Who are the lead managers and registrar of the Axiom Gas Engineering IPO?
The registrar is Kfin Technologies Limited.
How many times has the Axiom Gas Engineering IPO been subscribed?
This IPO was subscribed 2.07 times overall. Figures as of 13 Oct 2026, 2:32 pm IST.