Initial Public Offerings (IPOs)

Axiom Gas Engineering IPO (NSE SME)

₹106,000 /2000 shares

Minimum Investment

Axiom Gas Engineering IPO (NSE SME) Details

Min. Investment

₹106,000

Lot Size

2000

Price Range

₹50 to ₹53

Issue Size

₹50 Cr

About Axiom Gas Engineering Ltd.

Incorporated in 2007, Axiom Gas Engineering Ltd. 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. The company operates 20+ Auto LPG Dispensing Stations (ALDS) under the name, "PRIMEFUEL" across multiple states in India including Telangana, Karnataka, and Maharashtra.

Strengths & Financials of Axiom Gas Engineering Ltd.

  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.

Tentative Date / Timetable

Bid/Offer Opens On Sep 18, 2026
Bid/Offer Closes On Sep 22, 2026
Finalisation of Basis of Allotment Sep 23, 2026
Initiation of Refunds Sep 24, 2026
Credit of Shares to Demat Acct Sep 24, 2026
IPO Shares Listing Date Sep 25, 2026

Company Promoters

1. Alpeshkumar Naginbhai Patel
2. Kinnari Alpeshkumar Patel
3. Sadique Abdul Kadar Banani and Asma Mohamad Sadique Banani.

Lead Managers

1. SKI Capital Services Ltd.

Contact Information

  • Axiom Gas Engineering Ltd. 522 To 527, SWC Hub, 5th Floor Opp Rajpath Complex Near Essar Petrol Pump Bhaily Vadodara, Gujarat, 391410
  • Phone No : +914045065015
  • Email : compliance@axiomgas.com
  • Website : https://www.axiomgas.com/

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