About Axiom Gas Engineering Ltd IPO
Axiom Gas Engineering Ltd.’s IPO comprises a fresh issue of up to 93.98 lakh equity shares, with no Offer for Sale (OFS). The IPO is proposed to be listed on the NSE SME, with SKI Capital Services Limited acting as the Book Running Lead Manager and KFin Technologies Limited as the registrar.
The company is promoted by Alpeshkumar Naginbhai Patel, Kinnari Alpeshkumar Patel, Sadique Abdul Kadar Banani and Asma Mohamad Sadique Banani. The proceeds from the fresh issue are proposed to be used towards capital expenditure, repayment/prepayment of certain borrowings and general corporate purposes.
About Axiom Gas Engineering Ltd.
Axiom Gas Engineering Ltd. was incorporated in 2007 and is engaged in the distribution and retailing of Auto Liquefied Petroleum Gas (Auto LPG) through a network of company-owned and operated Auto LPG Dispensing Stations (ALDS).
The company’s operations are supported by storage and allied infrastructure for the procurement, storage, transportation and distribution of Auto LPG. Its network is spread across Telangana, Karnataka and Maharashtra, with retail operations primarily catering to the transport segment. Auto LPG is marketed as an alternative automotive fuel for compatible vehicles.
The company’s business model involves procuring Auto LPG from suppliers, storing and transporting it to its dispensing stations, and selling it to end consumers through metered dispensing systems. Revenue is primarily generated from the retail sale of Auto LPG.
The company’s core offering is Auto LPG, an alternative automotive fuel for compatible vehicles. Its operations cover the procurement, storage, transportation, distribution and retail dispensing of Auto LPG. The company also operates storage and allied infrastructure to support the supply of Auto LPG to its dispensing stations.
Axiom Gas Engineering focuses on maintaining product availability, safe operations and compliance with applicable regulatory requirements while expanding and optimising its dispensing network. As of March 31, 2026, the company had 19 employees, including KMPs.
Axiom Gas Engineering Ltd.’s IPO comprises a fresh issue of up to 93.98 lakh equity shares, with no Offer for Sale (OFS). The IPO is proposed to be listed on the NSE SME, with SKI Capital Services Limited acting as the Book Running Lead Manager and KFin Technologies Limited as the registrar. The company is promoted by Alpeshkumar Naginbhai Patel, Kinnari Alpeshkumar Patel, Sadi
Axiom Gas IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 20% | 18,79,600 crores |
| Non-Institutional Investors (NIIs) | 40% | 37,59,200 crores |
| Retail Individual Investors (RIIs) | 40% | 37,59,200 crores |
Axiom Gas IPO Strengths & Weaknesses
Established presence in Auto LPG distribution and retailing, with operations dating back to 2007.
Geographical presence across Telangana, Karnataka and Maharashtra, providing an established regional operating network.
Integrated Auto LPG distribution model, supported by storage and allied infrastructure and a network of company-operated dispensing stations.
Experience in operating Auto LPG Dispensing Stations (ALDS) and serving customers in the transport segment.
Focus on safety and regulatory compliance in the storage, transportation and dispensing of Auto LPG.
Axiom Gas IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 23 Sep '26 | 25 Sep '26 | 24 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹5 per share |
| Total Issue Size | 93,98,000 shares (aggregating up to To be announced) |
| Fresh Issue | 17,84,000 shares (aggregating up to ₹89,20,000 crores) |
| Offer for Sale | 0 shares of ₹5 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Axiom Gas IPO Lot Size and Investment Details
| Minimum Lot Size | 2,000 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Axiom Gas ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Axiom Gas IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Axiom Gas IPO Contact & Registrar Details
Contact Details
Address
522 To 527, SWC Hub, 5th Floor Opp Rajpath Complex Near Essar Petrol Pump Bhaily Vadodara
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Axiom Gas Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| SKI Capital Services Ltd. |