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Home › IPOs › Axiom Gas Engineering Ltd. › Subscription
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Axiom Gas Engineering Ltd.
CLOSED BSE SME Bookbuilding IPO Fresh capital only Axiom Gas Engineering IPO GMP
GREY MARKET PREMIUM
₹ + 5
+9% expected return
EST. LISTING PRICE
₹58
Issue Price: ₹ 53
Issue Price
₹53
Face Value
₹5
Lot Size
2,000 shares
IPO Size
Agg. upto ₹50 Cr
Open Date
18 Sep 2026
Close Date
22 Sep 2026
Allotment
23 Sep 2026
Listing Date
25 Sep 2026
Exchange
BSE SME

Axiom Gas Engineering IPO Details: Price, Dates & Financials

The Axiom Gas Engineering IPO GMP strength score is 5.6 out of 10, which the dashboard rates as Moderate. The Axiom Gas Engineering IPO valuation is tagged Good. The Axiom Gas Engineering IPO is subscribed 1.44 times overall so far. Amounts are calculated at the upper price band of ₹53.

IPO Analytics Dashboard
LIVE
Axiom Gas Engineering IPO GMP Insights
📊
Valuation
Good
Axiom Gas Engineering IPO GMP Strength Score
6 / 10 Moderate
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Axiom Gas Engineering IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB 1.04 1,852,000 1,852,000
💼 NII / HNI 0.70 2,496,000 2,496,000
👤 Retail (RII) 2.38 4,572,000 8,500,000
📊 Market Maker — 478,000 —
Σ Total 1.44 8,920,000 12,848,000

* Amount calculated at upper price band (₹53) ·  ** Total includes all investor categories

Axiom Gas Engineering IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 2
Shares / Lot 4,000
Min. Investment ₹212,000
💼 HNI Investors ?
Min. Lots 3
Min. Shares 6,000
Min. Investment ₹318,000
Axiom Gas Engineering IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 4
Post-Issue EPS ?
₹ 3
Pre-Issue P/E ?
15 x
Post-Issue P/E ?
20 x
Axiom Gas Engineering IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 24 Sep 2026
  2. 2 📂 Credit of Shares to Demat 24 Sep 2026
Investor Interpretation
  • The IPO P/E of 20x reflects a good valuation relative to typical market ranges.
  • Pre-issue EPS of ₹4 compares to post-issue EPS of ₹3 after dilution.

This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.

Axiom Gas Engineering IPO Subscription FAQs
Axiom Gas Engineering IPO is subscribed 1.44x overall (Retail 2.38x, QIB 1.04x, NII/HNI 0.70x).
The retail (RII) portion of Axiom Gas Engineering IPO is subscribed 2.38x.
Axiom Gas Engineering IPO — QIB 1.04x, NII/HNI 0.70x.
In Axiom Gas Engineering IPO, retail investors can apply for a minimum of 2 lot(s) (₹₹212,000); HNI/sNII minimum 3 lots (₹₹318,000).
Shares offered by category — QIB 1,852,000 shares, Retail 4,572,000 shares.
Axiom Gas Engineering IPO valuation — pre-issue EPS ₹3.64, post-issue EPS ₹2.67, pre-issue P/E 14.56, post-issue P/E 19.85.
Subscription is shares bid for divided by shares offered in that category. If 10 lakh shares are offered and 50 lakh are bid for, the category is subscribed 5 times. Final numbers are confirmed after the bidding closes.
The NII category covers investors applying for shares outside the retail investor category, while HNI commonly refers to high-value investors within the NII category. Understanding the Axiom Gas Engineering IPO's NII and HNI subscription levels helps investors assess demand for the Axiom Gas Engineering IPO and overall investor interest.

GMP and IPO data are unofficial and for information only — not investment advice. Read the full disclaimer.