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AXIOM GAS ENGINEERING IPO

NOW BOARDINGNSE SME · SME · LPG/CNG/PNG/LNG SUPPLIER
INDICATIVE FARE / PRICE BAND
₹50–53
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 14 SEPT 2026, 22:01 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹50–53
LOT SIZE
2000 SHARES
ISSUE SIZE
₹49.81 CR
MIN INVESTMENT
₹1,06,000 · 2000 SHARES
P/E RATIO
14.56
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
MINIMUM APPLICATION · AS PUBLISHED24,000₹2,12,000
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹53 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS · ONE LOT ALREADY EXCEEDS THE RETAIL CEILING ON THIS ISSUE
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
18 SEPT 26
NEXT STOP
CLOSES
22 SEPT 26
SCHEDULED
ALLOTMENT
23 SEPT 26
SCHEDULED
LISTING
25 SEPT 26
SCHEDULED
ANCHOR BIDDING17 SEPT 26REFUNDS INITIATED24 SEPT 26SHARES IN DEMAT24 SEPT 26ANCHOR LOCK-IN ENDS · 30 DAY23 OCT 26ANCHOR LOCK-IN ENDS · 90 DAY22 DEC 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹5
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
₹47.28 CR
89,20,000 SHARES
TOTAL SHARES OFFERED
89,20,000

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

ANCHOR INVESTOR
10,70,400
SHARES
QIB
7,13,600
Not more than 20% of the Net Issue
NII (HNI)
35,68,000
Not less than 40% of the Net Issue
SNII
11,89,334
SHARES
BNII
23,78,666
SHARES
RETAIL
35,68,000
Not less than 40% of the Net Issue
MARKET MAKER
4,78,000
SHARES
89,20,000 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
3.64
EPS · POST-ISSUE
2.67
P/E RATIO
14.56
P/E · POST-ISSUE
19.85
RONW
28.4%
ROCE
28.9%
ROE
28.4%
PAT MARGIN
9.38%
EBITDA MARGIN
15.36%
PRICE / BOOK
4.13
NAV PER SHARE
₹12.83
DEBT / EQUITY
0.48
MARKET CAP
₹187.32 CR
FIGURES STATED AS OF 31 MAR 2025 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS52.3760.8369.38
TOTAL INCOME74.5489.85100.78
PROFIT AFTER TAX5.747.759.45
EBITDA10.0113.2915.48
NET WORTH13.8523.8333.28
RESERVES AND SURPLUS13.610.8620.31
TOTAL BORROWING20.1216.316.06
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)EPS (DILUTED)NAV (₹ PER SHARE)P/E (X)RONW (%)P/BV RATIOFINANCIAL STATEMENTS
Axiom Gas Engineering Ltd · THIS ISSUER3.643.6412.8328.4Standalone
Confidence Petroleum India Limited2.82.842.6926.76.811.76Consolidated
Aegis Logistics Limited25.5925.59172.4952.8118.377.85Consolidated
PEER GROUP STRUCK AS AT 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

Notes: P/E Ratio has been computed based on the closing market price of equity shares on the NSE website on July 22,2026 divided by the Diluted EPS.

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
Capital Expenditures27.6
Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company9.12
General Corporate Purposes
INR CR 36.72 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

Established in 2007, Axiom Gas Engineering Limited specialises in green energy engineering solutions. The company offers Auto LPG, CNG, and LNG solutions, catering to retail and industrial sectors with a commitment to quality, innovation, and environmental sustainability. As of June 30, 2024, the company operated 18 Auto LPG Dispensing Stations in Telangana, Maharashtra, and Karnataka. Operating under the brand name " PrimeFuel ," AGEL manages Auto LPG Dispensing Stations across multiple states in India. The company has demonstrated strong financial growth, with increasing revenues and profits. The company offers the following services:- Gas and Pipe Engineering : Designs, implements, and maintains efficient gas systems for various industrial and commercial needs. Turnkey Services: Provides turnkey services for LPG/CNG retail, bottling, and bulk installations from concept to completion. Statutory Testing and Certification : Testing and Certification for hydrocarbon equipment, ensuring compliance with safety standards. Technical Consultancy : Provide expert guidance on hydrocarbon equipment design and optimization. Maintenance Operation and Training : Provides maintenance and training programs to enhance gas system longevity and performance. Manufacturing Pressure Vessels Through Third-Party Collaboration. Specializing in Industrial and Commercial LPG solutions. As of December 2024, the company has 21 permanent employees. Competitive Strength: Expertise in Executing Projects in Challenging Geographical Locations. Cost Optimization Strategies Without Compromising Safety Standards. Innovation in Developing and Implementing Cost-Effective Technical Solutions. Leveraging Global Engineering Resources to Deliver Superior Value. Commitment to Delivering Sustainable Projects with Excellence in Health Safety and Environment. Rapid Deployment Capabilities to Minimize Turnaround Times. Cost-Effective Establishment of New Auto LPG Dispensing Stations (ALDS).

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Alpeshkumar Naginbhai Patel, Kinnari Alpeshkumar Patel, Sadique Abdul Kadar Banani, Asma Mohamad Sadique Banani
HOLDING PRE-ISSUE
98.28%
HOLDING POST-ISSUE
72.15%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
SKI Capital Services Ltd.
REGISTRAR TO THE ISSUE
NAME
Kfin Technologies Ltd.
PHONE
040-79615565
THE COMPANY
PHONE
+914045065015
REGISTERED OFFICE
522 To 527, SWC Hub, 5th Floor Opp Rajpath Complex, Near Essar Petrol Pump, Bhaily, Vadodara, Gujarat, 391410
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Axiom Gas Engineering IPO price band?+

The indicative price band is ₹50–53 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Axiom Gas Engineering IPO?+

One lot is 2000 shares. At the upper band of ₹53, one lot works out to ₹1,06,000.

When does the Axiom Gas Engineering IPO open and close?+

The issue opens on 18 Sept 2026 and closes on 22 Sept 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Axiom Gas Engineering IPO allotment?+

Allotment is scheduled for 23 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When does Axiom Gas Engineering list?+

Listing is scheduled for 25 Sept 2026 on NSE SME.

Where will Axiom Gas Engineering be listed?+

Axiom Gas Engineering is proposed for listing on NSE SME. It is an SME issue, so it trades on the SME platform.

How large is the Axiom Gas Engineering IPO?+

The issue size is ₹49.81 Cr — a fresh issue of ₹47.28 cr. Figures are indicative and subject to the RHP.

Who is the registrar for the Axiom Gas Engineering IPO?+

The registrar to the issue is Kfin Technologies Ltd. (040-79615565), agel.ipo@kfintech.com.

Where can I check the Axiom Gas Engineering IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

What is the P/E ratio of the Axiom Gas Engineering IPO?+

The P/E ratio on file for this issue is 14.56, and the post-issue P/E is 19.85, stated as of 31 Mar 2025. A reported ratio is not a view on value.

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Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
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TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,850 · NATIONAL STOCK EXCHANGE (NSE) ₹1,785 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹246 · BIRA 91 (B9 BEVERAGES LIMITED) ₹76 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,850 · NATIONAL STOCK EXCHANGE (NSE) ₹1,785 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹246 · BIRA 91 (B9 BEVERAGES LIMITED) ₹76 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —