Axiom Gas Engineering Limited IPO — Subscription & GMP
- Price band
- ₹51 – ₹54
- Lot size
- 2000
- Issue size
- ₹44.97 Cr
- Bidding
- 18 Sept 2026 → 22 Sept 2026
- Allotment
- —
- Listing
- 25 Sept 2026
Listing outcome
Official exchange pricesNo grey market premium was recorded at the close of bidding, so there is nothing to score this listing against.
Schedule
- 18 Sept 2026IPO open date
- 22 Sept 2026IPO close date
- 23 Sept 2026Allotment date†
- 23 Sept 2026Funds unblock or debit†
- 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 returnsNot Available
Official source: Basis of Issue Price / ratios filing (NSE) — carries P/E, RoNW and EPS pre and post issue as filed.
Grey market premium
Unofficial · not from any exchangeSubscription status
Live from NSE · fetched 908 hr ago| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| 1Qualified Institutional Buyers(QIBs) | — | 7.82 L | — |
| 1(a)Foreign Institutional Investors(FIIs) | — | 1.86 L | — |
| 1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 0 | — |
| 1(c)Mutual funds | — | 0 | — |
| 2Non Institutional Investors | — | 39.86 L | — |
| 2.1Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | — | 28.96 L | — |
| 2.1(a)Corporates | — | 14.58 L | — |
| 2.1(c)Others | — | 0 | — |
| 2.2Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | — | 10.90 L | — |
| 2.2(b)Individuals(IND category bidding for more than 2 Lots) | — | 10.78 L | — |
| 2.2(b)Individuals(Other than RIIs) | — | 10.78 L | — |
| 3Individual Investors (IND category bidding for 2 Lots) | — | 66.24 L | — |
| Total | 83.28 L | 1.14 Cr | 1.37× |
Source: NSE issue information
Anchor investors
From NSE's anchor allocation filingAnchor 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.
Anchor allocation report (NSE)
The allocation table for this issue could not be read reliably from the filing, so nothing is reproduced here.
Allotment status
You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.
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
- 25 Sept 2026
Intermediaries
- Registrar
- KFin Technologies Limited
- Sponsor bank
- ICICI Bank Limited
- Lead managers
- SKI Capital Services Limited