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IPO Synopsis

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. [*] per equity share ( Including a Share Premium of Rs. [*] Per Equity Share ) ( the "Issue Price") aggregating up to Rs. [*] Crores (the "Issue "). The issue comprises a reservation of up to 4,78,000 equity shares aggregating up to Rs. [*] 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. [*] Crores ( the "Net Issue"). The issue and the net issue well 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/- for equity share of face value of Rs. 5 each. The floor price is 10 times times the face value and cap price is 10.6 times of the face value of the equity shares. Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
Issue
Opens On Closes On
18-Sep-26 22-Sep-26
Money Payable On
Application Allotment
50.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 2000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Ski Capital Services Ltd
Project Financed through Current Offer (.Cr) 46.99  
Post Issue Equity Share Capital (.Cr) 17.67
Issue Price () 50.00
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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