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AXIOM GAS ENGINEERING IPO

UPCOMING

IPO Details

18th Sep 2026
22nd Sep 2026
2,000
₹ 200,000
₹ 50-53
₹ 50 Crore

Issue timeline

  • 18-22 Sep 2026
  • 23-Sep-2026
  • 24-Sep-2026
  • 24-Sep-2026
  • 25-Sep-2026

About Company

Axiom Gas Engineering was incorporated on August 24, 2007. The company distributes and retails Auto Liquefied Petroleum Gas (LPG) through its network of company-owned and operated Auto LPG Dispensing Stations. It also operates storage and allied infrastructure to support the efficient distribution and supply of Auto LPG
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Name Designation
Asma Mohamad Sadique Banani Joint Managing Director
Nikhil Tiwari Managing Director
Mehul Pravinchandra Talati Independent Director
Darshan Suresh Chandan Independent Director
Sivagiri Srinivasan Independent Director

Objectives

Capital expenditure
Prepayment or repayment of a portion of certain outstanding borrowings availed by the company
General corporate purposes

Strengths & Risks

Strengths (2)

The company operates a network of owned and operated Auto LPG dispensing stations supported by associated storage infrastructure. Its presence across three states provides geographic diversification of demand and supply, supporting operational reach and business resilience

Risks (3)

The company’s LPG operations are exposed to risks of leaks, fires, explosions and infrastructure damage arising from equipment failure, pipeline damage, adverse weather and other incidents, particularly given the presence of facilities near populated areas. Such incidents could cause injuries, fatalities, property damage, environmental pollution, legal liabilities and operational disruptions, resulting in adverse publicity, higher costs and an adverse impact on the company’s business, financial condition and cash flows

Financials

Frequently Asked Questions

Who are the promoters of Axiom Gas Engineering Ltd.?

The promoters of the company are Alpeshkumar Naginbhai Patel, Kinnari Alpeshkumar Patel, Sadique Abdul Kadar Banani and Asma Mohamad Sadique Banani.

The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

The price band of the IPO is Rs 50.0 - 53.0.

The IPO application opens on Sep 18, 2026 and closes on Sep 22, 2026.

The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.

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*The financials mentioned above are sourced from DRHP/ RHP documents.