Axiom Gas Engineering IPO Allotment Status

Written by: Team Angel OneUpdated on: 22 Sept 2026, 9:38 pm IST

Axiom Gas Engineering Limited’s SME IPO closes for subscription today, September 22, 2026. The basis of allotment is expected to be finalised on September 23, 2026, and the shares are scheduled to list on the NSE SME platform on September 25, 2026.

Axiom Gas Engineering Limited is a book-built NSE SME IPO of ₹50.75 crores. The issue is entirely a fresh issue of 93.98 lakh shares of ₹50.75 crore.

The bidding window opened on September 18, 2026, and closes today, September 22, 2026. The company has fixed the price band at ₹51–₹54 per equity share.

The basis of allotment is expected to be finalised on September 23, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on September 24, 2026, while the equity shares are scheduled to list on NSE SME on September 25, 2026.

The IPO has a market lot of 2,000 shares. At the upper price band, retail investors are required to invest a minimum of ₹1,08,000 for one lot.

Investors can check Axiom Gas Engineering IPO allotment status after the basis of allotment is finalised through KFin Technologies, the registrar to the issue, or through the NSE IPO-status facility.

How to Check Axiom Gas Engineering IPO Allotment Status Online on NSE?

Go to the NSE IPO bid verification and application-status page.
Select the Equity and SME IPO bid-verification or application-status option.
Choose “Axiom Gas Engineering Limited” from the available issue-name dropdown after the allotment data is published.
Enter your PAN, application number or other requested details.
Complete the required verification.
Click on Submit to view your IPO application and allotment status.

How to Check Axiom Gas Engineering IPO Allotment Status on the Registrar’s Website?

Visit the official KFin Technologies IPO allotment-status website.
Select “Axiom Gas Engineering Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
Choose PAN, application number or DP ID/Client ID as the search method.
Enter the required information.
Complete the captcha verification.
Click on Submit or Search to view your allotment result.

Axiom Gas Engineering IPO Details

Axiom Gas Engineering IPO is a book build issue of ₹50.75 crores. The issue is entirely a fresh issue of 93.98 lakh shares of ₹50.75 crore.

Axiom Gas Engineering’s IPO is priced in the range of ₹51–₹54 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on the NSE SME platform.

The IPO opened on September 18, 2026, and closes on September 22, 2026. The basis of allotment is expected on September 23, 2026, refunds and demat credits are expected on September 24, 2026, and the shares are scheduled to list on NSE SME on September 25, 2026.

The market lot comprises 2,000 shares, requiring ₹1,08,000 at the upper price band. Applications can be made in permitted multiples of 2,000 shares thereafter.

Allocation Quota for Axiom Gas Engineering IPO

Investor Category	Shares	% of Net Issue	% of Total Issue
QIB	17,84,400	20.00%	18.99%
- Anchor Investor	10,70,400		11.39%
- QIB (Ex. Anchor)	7,14,000		7.60%
NII (HNI)	35,68,000	40.00%	37.96%
- bNII > ₹10L	23,78,000		25.30%
- sNII < ₹10L	11,90,000		12.66%
Retail	35,68,000	40.00%	37.96%
Firm Reservations
Market Maker	4,78,000		5.09%
Total	93,98,400	100.00%	100.00%

Note: The available sources do not provide a reliable category-wise shares-offered table for the issue. The final basis of allotment published by KFin Technologies will be definitive.

Axiom Gas Engineering IPO – Overall Subscription Status

As of the latest available update on September 22, 2026, at 4:00:05 PM (Day 3), the Axiom Gas Engineering IPO was subscribed 1.38 times overall. The non-institutional investor (NII) category was subscribed 0.98 times, the QIB (Ex Anchor) category 1.10 times, and the individual investors (Retail) category 1.83 times. These figures may change slightly following exchange reconciliation after the issue closes.

Category	Subscription (x)	Shares Offered*	Shares bid for	*Total Amount (₹ Crore)**
Anchor	1	10,70,400	10,70,400	5.780
Market Maker	1	4,78,000	4,78,000	2.581
QIB (Ex Anchor)	1.10	7,14,000	7,82,000	4.223
NII***	0.98	35,68,000	34,90,000	18.846
bNII (> ₹10L)	1.02	23,78,000	24,18,000	13.057
sNII (< ₹10L)	0.90	11,90,000	10,72,000	5.789
Individual Investors	1.83	35,68,000	65,32,000	35.273
Total **	1.38	78,50,000	1,08,04,000	58.342

Axiom Gas Engineering Business Overview

The available public search results do not provide a sufficiently detailed and reliable description of Axiom Gas Engineering’s business operations. Investors should consult the red herring prospectus for the company’s business model, products and services, intended use of proceeds, customer concentration, project-execution risks, working-capital requirements, financial performance, sector conditions and valuation.

Axiom Gas Engineering IPO allotment status is expected to be available on September 23, 2026, after approval of the basis of allotment. Investors should check KFin Technologies or NSE using their PAN, application number or DP ID/Client ID.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Sep 22, 2026, 4:08 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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