Click it and Unblock the Notifications
Axiom Gas Engineering Ltd. IPO
IPO Timeline
-
18 Sep 2026Bidding Starts
-
22 Sep 2026Bidding Ends
-
23 Sep 2026Allotment Finalization
-
25 Sep 2026Listing
About Axiom Gas Engineering Ltd.
The Company is engaged in the business of distribution and retailing of Auto Liquefied Petroleum Gas. The operations are carried out through a network of Auto LPG Dispensing Stations owned and operated by the Company. In addition to retail outlets, the Company has developed storage and allied infrastructure facilities to support the distribution and supply of Auto LPG.
The Company’s network is presently spread across the states of Telangana, Karnataka, and Maharashtra. The retail operations are structured to cater to the requirements of the transport sector, with Auto LPG being marketed as an alternative automotive fuel. The Company’s infrastructure includes storage, handling, and dispensing facilities designed to meet regulatory standards applicab le to Auto LPG distribution.
Axiom Gas Engineering Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 10,70,400 (18.36%) |
| Market Makers | 4,78,000 (8.2%) |
| Non Institutional Investors | 35,68,000 (61.2%) |
| Qualified Institutional Buyers (QIBs) | 7,13,600 (12.24%) |
| Retail Individual Investors (RIIs) | 35,68,000 (61.2%) |
Axiom Gas Engineering Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 100.78 Cr | 9.45 Cr | 20.31 Cr |
| 31 Mar 2025 | 89.85 Cr | 7.75 Cr | 10.86 Cr |
| 31 Mar 2024 | 74.54 Cr | 5.74 Cr | 13.60 Cr |
Axiom Gas Engineering Ltd. Background
-
200708
Incorporation of our company
Subcontracting work for Auto LPG dispensing stations through M/s MIDCO Limited for Reliance Industries Limited.
2008-09
Auto LPG Dispensing Station (ALDS) installer license from the Petroleum and Explosives Safety Organisation (PESO) 2009-10
Obtained ALDS installer certification from PESO in November 2009.
Initiated engineering activities focusing on Auto LPG statutory tank testing post-certification. 2010-11
Continued engineering activities for Auto LPG statutory tank testing
Commenced LPG dispenser calibration activities for on a nationwide basis. 2011-12
Continued to expand engineering activities for focusing on Auto LPG statutory tank testing.
Undertook the removal of ALDS assets.
-
2013Applied for an Operator License to engage in LPG retail activities.
Received the rating certificate and became eligible to conduct business in both packed cylinder and auto LPG sectors.
-
2014Inauguration of the ALDS in Tadband, Hyderabad, Telangana.
Sales Volume (litres): 500 KL
-
2015Expansion commenced with the introduction of 3 additional ALDS in Hyderabad.
Sales Volume (litres): 2000 KL
-
2016Witnessed a substantial surge in ALPG sales, marking a 65% increase, surpassing 3000 KL.
Sales Volume (litres): 3200 KL
-
2017Addition of another ALDS in Hyderabad, Telangana.
Sales Volume (litres): 4200 KL
-
2018Continued expansion into Karnataka and Maharashtra, with 1 additional ALDS in Karnataka and the initiation of two more ALDS, one in Solapur, Maharashtra, and another in Hyderabad, Telangana
Sales Volume (litres): 4900 KL
-
2019Rapid expansion characterized by the launch of 2 additional ALDS in Solapur, Maharashtra, and Hyderabad, Telangana. Additionally, procured a 100MT LPG Storage & Bottling Plant in Solapur, Maharashtra.
Sales Volume (litres): 5000 KL
-
2020Streamlined ALDS operations to optimize costs and augment service quality across all outlets.
Sales Volume (litres): 7000 KL
-
2021Introduction of two new outlets, one each in Nai Zindagi, Solapur, Maharashtra, and Upparpally, Hyderabad, Telangana. Furthermore, acquired an LPG Storage and Bottling Plant with a total capacity of 100MT, inclusive of blending facilities, in Shivoor Bangla, Aurangabad, Maharashtra.
Sales Volume (litres): 7300 KL
-
2022Prolific expansion in Maharashtra, with the inauguration of two ALDS in Aurangabad and one in Pandharpur.
Sales Volume (litres): 9600 KL
-
2023Emphasis on operational efficiency and standardisation processes, complemented by the addition of 4 new ALDS, 2 in Maharashtra and 2 in Telangana, breaching the 10,000 KL milestone. Additionally, commenced supply to the Aurangabad ALDS from the Aurangabad Storage Plant.
Sales Volume (litres): 10300 KL
1. Capital Expenditure
2. Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company
3. General Corporate Purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 54.00 |
| Open | - | ₹ 54.75 |
| Low | - | ₹ 54.00 |
| High | - | ₹ 57.00 |
| Last Trade | - | ₹ 54.05 |
1. Alpeshkumar Naginbhai Patel
2. Kinnari Alpeshkumar Patel
3. Sadique Abdul Kadar Banani
4. Asma Mohamad Sadique Banani
The oil and gas sector is among the eight core industries in India and plays a major role in influencing the decision-making for all the other important sections of the economy.
India’s economic growth is closely related to its energy demand, therefore, the need for oil and gas is ... Read more
Phone no:45065015
FAQs
When does Axiom Gas Engineering Ltd. IPO opens and closes?
Axiom Gas Engineering Ltd. IPO opens from 18th September to 22nd September 2026.What is the size of Axiom Gas Engineering Ltd. IPO?
The size of the Axiom Gas Engineering Ltd. IPO is ₹31.48 Cr.What is the price range of Axiom Gas Engineering Ltd. IPO?
The price range of Axiom Gas Engineering Ltd. IPO is at ₹51 to ₹54 per share.What is the minimum investment and lot size required for the Axiom Gas Engineering Ltd. IPO?
The minimum investment required is ₹1,08,000 and minimum lot size is 2000 shares.When is Axiom Gas Engineering Ltd. IPO listing date?
The Axiom Gas Engineering Ltd. IPO will be listed on 25th September 2026.What is the objective of Axiom Gas Engineering Ltd. IPO?
1. Capital Expenditure2. Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company
3. General Corporate Purposes
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
Sign in with Google
