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Axiom Gas Engineering Ltd

Registered Office : #.522-527 SWC Hub 5th Floor,Opp Rajpath Complex Bhaily,Vadodara Gujarat 391410 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. 50-53 per equity share (Including a Share Premium of Rs. 45-48 Per Equity Share) (the "Issue Price") aggregating up to Rs. 46.99-49.81 Crores (the "Issue"). The issue comprises a reservation of up to 4,78,000 equity shares aggregating up to Rs. 2.39-2.53 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. 44.60-47.28 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. 50/- to Rs. 53/- per equity share of face value of Rs. 5/- each. The floor price is 10.00 times the face value and the cap price is 10.60 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

Opens On

Closes On

18-Sep-2026

22-Sep-2026

Money Payable On

Application

Allotment

50.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

46.99

17.67

50.00

Ski Capital Services Ltd

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