IPO Synopsis
| Axiom Gas Engineering Ltd |
|---|
| Registered Office: #.522-527 SWC Hub 5th Floor,Opp Rajpath Complex Bhaily,Vadodara-391410, Gujarat |
| Tel. No: +91 40450 65015 |
| Fax No: NA |
| Email: compliance@axiomgas.com |
| Website: www.axiomgas.com |
| Initial public offer of up to 93,98,000 equity shares of face value of Rs. 5 each ( the " Equity Shares") of Axiom Gas Engineering Limited ( the "Company" or the "Issuer" ) for cash at a price of Rs. [*] per equity share ( Including a Share Premium of Rs. [*] Per Equity Share ) ( the "Issue Price") aggregating up to Rs. [*] Crores (the "Issue "). The issue comprises a reservation of up to 4,78,000 equity shares aggregating up to Rs. [*] Crores for subscription by the market maker ( the "Market Maker Reservation Portion") and a net issue to the public of up to 89,20,000 equity shares aggregating up to Rs. [*] Crores ( the "Net Issue"). The issue and the net issue well constitute 26.59% and 25.24% respectively, of the post-Issue paid-Up equity share capital of the company. Price Band: Rs. 50/- to Rs. 53/- for equity share of face value of Rs. 5 each. The floor price is 10 times times the face value and cap price is 10.6 times of the face value of the equity shares. Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 18-Sep-2026 | 22-Sep-2026 | ₹50.00 - 53.00 | |
| Minimum Application for shares in Nos : 4000.0 | Further Multiples of :2000.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Ski Capital Services Ltd |
| Project Financed through Current Offer | 46.99 | |
| Post Issue Equity Share Capital | 17.67 | |
| Issue Price | 50.00 |
| Projects |
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| Capital Expenditure |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company. |
| General Corporate Purposes. |
| Promoted By |
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| Sadique Abdul Kadar Banani |
| Alpeshkumar Naginbhai Patel |
| Asma Mohamad Sadique Banani |
| Listing At |
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| NSE - SME |
| Registrar To The Issue |
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| KFin Techologies Ltd |
