
Oil, Gas & Consumable Fuels · NSE
Incorporated in 2007, Axiom Gas Engineering Limited is a green energy engineering company providing solutions for Auto LPG, CNG, and LNG applications across retail, industrial, and commercial sectors. The company operates more than 20 Auto LPG Dispensing Stations (ALDS) under the “PRIMEFUEL” brand across states including Telangana, Karnataka, and Maharashtra. Its services include gas and pipeline engineering, turnkey solutions for LPG and CNG retail, bottling and bulk installations, statutory testing and certification of hydrocarbon equipment, technical consultancy, maintenance and training services. The company also manufactures pressure vessels through third-party collaborations and specializes in industrial and commercial LPG solutions. With a focus on quality, safety, innovation, and environmental sustainability, Axiom Gas Engineering provides end-to-end solutions for efficient and reliable gas infrastructure.
Price Band
₹51 – ₹54
Issue Size
₹939.80 L Cr
Lot Size
2000 shares
GMP
Est. Listing
₹54
at current GMP
Subscribed
1.45x
overall
Open
18 Sep 2026
Close
22 Sep 2026
Allotment
23 Sep 2026
Refund
24 Sep 2026
Demat Credit
25 Sep 2026
Listing
25 Sep 2026
Designated Registrar: Kfin Technologies Limited
Allotment Date
23 Sep 2026
Basis finalization
Refunds Initiate
24 Sep 2026
Mandate release
Demat Credit
25 Sep 2026
Shares in demat
Listing Debut
25 Sep 2026
Trading begins
Axiom Gas Engineering Limited is bringing an initial public offering (IPO) in the Oil, Gas & Consumable Fuels sector with an aggregate issue size of ₹93,98,000 Crores. The shares are offered at a price band of ₹51 to ₹54 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,08,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-25, while un-allotted funds or UPI block mandates will be released on 2026-09-24.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.