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Axiom Gas Engineering

SME · book built · AXIOMGAS · INE16J201028

bids 1 hour ago · market shut

Minimum
₹1,08,000
Band
₹51–₹54
Issue size
₹50.75 Cr
GMP
Not quoted
Subscribed
0.64×

Subscription by category

Shares bid and times subscribed, by investor category
CategoryBidSubscribedChance
Retail (up to ₹2 lakh)0.64×Not covered
sHNI (₹2–10 lakh)0.50×Not covered
bHNI (₹10 lakh +)0.58×Not covered
Institutional (QIB)0.80×Not covered
All categories0.62×

Value applied, by category

Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.

Amount applied, share of the book, and the book counted in applications
CategoryAmountShare of bookCan be allotted
Retail (up to ₹2 lakh)
sHNI (₹2–10 lakh)
bHNI (₹10 lakh +)
Institutional (QIB)
All categories

Captured — refreshing

Reported figures

₹ croreFY 24 FY 24 FY 25FY 25FY 26 FY 26
Revenue74.5489.84100.76
EBITDA10.0113.2915.48
Profit after tax5.747.759.45
Total assets52.3760.8369.38

Live, as of

What the money is for

Capital expenditure
49.3%
Repayment of loan
18.3%
General corporate purposes
32.3%

Priced against its peers

This issue, P/E
14.56
Sector P/E
28.85
Adani Total Gas Ltd
90.23
Gujarat Gas Ltd
25.20
Gujarat State Petronet Ltd
16.33

A lower P/E than the sector is not a recommendation — it reflects growth, risk and size as much as price. The comparison is shown so the number has a reference, not to suggest a decision.

Figures as reported by the company. Check them against the prospectus in Documents — that filing is the authority, and this panel is a convenience until we read it directly.

What one bid costs

Priced at the top of the band, which is what gets blocked on a cut-off bid.

CategoryMinimumMaximumCeiling
Retail1 lot · ₹1,08,0001 lots · ₹1,08,000₹2,00,000
sHNI2 lots · ₹2,16,0009 lots · ₹9,72,000₹10,00,000
bHNI10 lots · ₹10,80,000no upper limit

Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.

The issue

Issue size
₹50.75 Cr
Face value
₹5
Lot size
2,000 shares
Listing on
NSE
Daily window
10:00 – 17:00 IST

Timeline

Opens
18 Sept
Closes
22 Sept
Basis of allotment
23 Sept
Refunds
24 Sept
Listing
25 Sept

Documents

Axiom Gas Engineering · IPO Label