Axiom Gas Engineering Limited IPO — Subscription & GMP

upcomingSMENSENSE: AXIOMGAS
Grey market premium
Est. listing gain
Subscribed
bidding not open yet
Min. investment
₹1,08,000
2000 shares × ₹54
Price band
₹51 – ₹54
Lot size
2000
Issue size
₹44.97 Cr
Bidding
18 Sept 2026 → 22 Sept 2026
Allotment
Listing

Schedule

  1. 18 Sept 2026IPO open date
  2. 22 Sept 2026IPO close date
  3. 23 Sept 2026Allotment date
  4. 23 Sept 2026Funds unblock or debit
  5. 25 Sept 2026Tentative listing date

† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.

Fundamentals

The business, its valuation and returns

Not Available

We do not yet hold parsed fundamentals for this issue. Ratios are published in the RHP and the basis-of-issue-price advertisement.

Official source: Basis of Issue Price / ratios filing (NSE) — carries P/E, RoNW and EPS pre and post issue as filed.

GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.

Grey market premium

Unofficial · not from any exchange
No grey market premium is being quoted for this issue. Unlike subscription, GMP has no official source — when dealers are not quoting it, there is nothing to report.

Subscription status

Awaiting first fetch from exchange
Overall subscribed
not yet published
No bids recorded yet. The exchanges publish subscription figures only once bidding opens.

Source: NSE issue information

Anchor investors

From NSE's anchor allocation filing

Anchor investors are institutions allotted shares one working day before public bidding opens, in exchange for a lock-in. Up to 60% of the QIB portion can go to them, which reduces the QIB shares left for everyone else — and their participation is widely read as a confidence signal.

The allocation table for this issue could not be read reliably from the filing, so nothing is reproduced here.

Allotment status

Allotment status is not out yet. The registrar is KFin Technologies Limited.

Issue details

Price band
₹51 – ₹54
Lot size
2000 shares
Min. bid quantity
Face value
₹5.00
Tick size
₹1.00
Shares offered
83.28 L
Issue size
₹44.97 Cr
Max bid · QIB
78.50 L
Max bid · NII
71.36 L

Timeline & process

Bidding opens
18 Sept 2026
Bidding closes
22 Sept 2026
Bidding hours
10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
UPI mandate cutoff
22-Sep-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Allotment
Listing

Intermediaries

Registrar
KFin Technologies Limited
Sponsor bank
ICICI Bank Limited
Lead managers
SKI Capital Services Limited