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Axiom Gas Engineering Ltd
Registered Office: #.522-527 SWC Hub 5th Floor,Opp Rajpath Complex Bhaily, Vadodara - 391410, Gujarat, India.
Phone : +91 40450 65015   Fax:
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) 54 per equity share (Including a Share Premium of (Rs) 49 Per Equity Share) (the "Issue Price") aggregating up to (Rs) 50.75 Crores (the "Issue"). The issue comprises a reservation of up to 4,78,000 equity shares aggregating up to (Rs) 2.58 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) 48.17 Crores (the "Net Issue"). The issue and the net issue will constitute 26.59% and 25.24%, respectively, of the post-Issue paid-Up equity share capital of the company. Price Band: (Rs) 54/- per equity share of face value of (Rs) 5/- each. The floor price is 10.80 times the face value of the equity shares. Exceeds two lots, being 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 Allotment
18-Sep-26 22-Sep-26 54.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 2000
  (Rs.Cr) Lead Managers to the Issue
Project Cost 0.00 Ski Capital Services Ltd
Project Financed through Current Offer 50.75  
Post Issue Equity Share Capital 17.67  
Issue Price 54.00  
Projects
Capital Expenditure Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company.
General Corporate Purposes.
Promoted By
Sadique Abdul Kadar Banani
Alpeshkumar Naginbhai Patel
Asma Mohamad Sadique Banani
Listing At
NSE - SME
Registrar to the Issue
KFin Techologies Ltd
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