Axiom Gas Engineering SME IPO Details, Financials, Valuation & Peers
Explore Axiom Gas Engineering SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Axiom Gas Engineering Limited (AGEL)
Established in 2007, Axiom Gas Engineering Limited is a green energy engineering firm specializing in industrial and commercial LPG solutions. Operating under the brand name "PrimeFuel," the company provides comprehensive gas infrastructure solutions with a focus on innovation, quality, and environmental sustainability.
Core Business and Services The company offers a wide range of specialized services, including:
- Gas and Pipe Engineering: Design, implementation, and maintenance of gas systems.
- Turnkey Projects: End-to-end services for LPG, CNG, and LNG retail, bottling, and bulk installations.
- Technical Support: Expert consultancy, statutory testing and certification of hydrocarbon equipment, and maintenance and training programs.
- Manufacturing: Production of pressure vessels through third-party collaborations.
Key Highlights
- Market Presence: As of June 2024, the company operates 18 Auto LPG Dispensing Stations (ALDS) across Telangana, Maharashtra, and Karnataka.
- Operational Scale: The company maintains a dedicated team of 21 permanent employees as of December 2024 and has demonstrated consistent financial growth in both revenue and profit.
- Strategic Expertise: AGEL is recognized for its ability to execute projects in challenging geographical locations while implementing cost-optimization strategies that maintain high safety standards.
- Efficiency: The firm utilizes global engineering resources and rapid deployment capabilities to minimize turnaround times and deliver sustainable, cost-effective infrastructure solutions.
Objects of the Issue
- Capital Expenditures
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 18 Sep - 22 Sep 2026 |
| IPO Price Band | ₹50 - ₹53 per share |
| Fresh Issue | ₹47.28 crore |
| Offer For Sale | NIL |
| Total IPO Size | ₹49.81 crore |
| Face Value | ₹5 |
| Listing On | NSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 18 Sep 2026 |
| IPO Closing Date | 22 Sep 2026 |
| Basis Of Allotment | 23 Sep 2026 |
| Refunds | 24 Sep 2026 |
| Demat Transfer | 24 Sep 2026 |
| IPO Listing Date | 25 Sep 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 52.37 | 60.83 | 69.38 |
| Total Income | 74.54 | 89.85 | 100.78 |
| Profit After Tax | 5.74 | 7.75 | 9.45 |
| EBITDA | 10.01 | 13.29 | 15.48 |
| NET Worth | 13.85 | 23.83 | 33.28 |
| Reserves and Surplus | 13.60 | 10.86 | 20.31 |
| Total Borrowing | 20.12 | 16.30 | 16.06 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Axiom Gas Engineering Ltd | 14.56 | 3.64 | 28.4% | 12.83 |
| Aegis Logistics Limited | 52.81 | 25.59 | 18.37% | 172.49 |
| Confidence Petroleum India Limited | 26.7 | 2.8 | 6.81% | 42.69 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | 35,68,000 |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1SKI Capital Services Ltd.
Company Address
Axiom Gas Engineering Ltd.522 To 527, SWC Hub, 5th Floor Opp Rajpath Complex
Near Essar Petrol Pump
Bhaily
Vadodara, Gujarat – 391410
Website: https://www.axiomgas.com/
Phone: +914045065015
Email: compliance@axiomgas.com
FAQs
- What is the issue size of the Axiom Gas Engineering SME IPO?The Axiom Gas Engineering SME IPO has an issue size of ₹49.81 crore. This includes a fresh issue of ₹47.28 crore and an offer for sale (OFS) of NIL.
- What is the price band of the Axiom Gas Engineering IPO?The price band for the Axiom Gas Engineering IPO is ₹50 - ₹53 per share.
- What are the bidding dates for the Axiom Gas Engineering IPO?The Axiom Gas Engineering IPO will open for bidding on 18 Sep 2026 and close on 22 Sep 2026.
- What is the allotment date for the Axiom Gas Engineering IPO?The allotment date for the Axiom Gas Engineering IPO is 23 Sep 2026.
- What is the minimum lot size and investment required for the Axiom Gas Engineering IPO?The minimum lot size for the Axiom Gas Engineering IPO is 2000 shares and the minimum investment required is ₹1,06,000.
- What is the listing date for the Axiom Gas Engineering IPO?The listing date for the Axiom Gas Engineering IPO is 25 Sep 2026.
- What is the Axiom Gas Engineering IPO grey market premium?The grey market premium (GMP) for the Axiom Gas Engineering IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.