What is the GMP of Axiom Gas Engineering IPO today?

The grey market premium (GMP) of Axiom Gas Engineering IPO is ₹0 (0% of the issue price), as of 24 Sep 2026, 12:28 am IST. GMP is an unofficial indicator and can change quickly.

What is the price band of Axiom Gas Engineering IPO?

The price band of Axiom Gas Engineering IPO is ₹51.00 – ₹54.00.

When does Axiom Gas Engineering IPO open and close?

Axiom Gas Engineering IPO opens on 18-Sep and closes on 22-Sep, with listing expected on 25-Sep.

What is the lot size of Axiom Gas Engineering IPO?

The lot size is 2,000 shares, so the minimum investment is ₹1,08,000.

What is the subscription status of Axiom Gas Engineering IPO?

Axiom Gas Engineering IPO is subscribed 1.39× overall as of 24 Sep 2026, 12:28 am IST.

What is the estimated listing price of Axiom Gas Engineering IPO?

Based on the current GMP, the estimated listing price is ₹54. This is indicative only and not guaranteed.

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NSE SMEClosed

Axiom Gas Engineering IPO

LPG/CNG/PNG/LNG Supplier · NSE SME

LIVE GMP₹00% vs issue price

Issue price₹54upper price band

Est. listing₹540% indicative gain

Subscription1.39×times subscribed

Lot size2,000shares per lot

AI ANALYST

Scorecard & verdict

Generated 24 Sep 2026, 12:28 am IST · shared across all visitors

Axiom Gas Engineering IPO – SME Analysis

Verdict: AVOID | Score: 30/100 | Confidence: Low

Scorecard Table

Parameter	Data + Source	Score
1. GMP (15)	Current GMP: 0 (0% of upper band) — Data block	0
2. Lead Manager Track Record (20)	Lead manager: SKI Capital Services Ltd. — Web result [1]; No track record data found in web research	0
3. Anchor / Market Maker (10)	Market maker: Sunflower Broking Pvt. Ltd. — Web result [1]; Anchor portion not available in issue data or web research	5
4. Promoter/Legal (15)	SEBI litigation over governance issues, undisclosed promoters' conflicts, penalties on related entities — Web result [1]	0
5. Valuation vs Peers (15)	IPO P/E: 14.56x (at ₹53, EPS ₹3.64) — Web result [1]; Peer P/E: Confidence Petroleum 26.70x, Aegis Logistics 72.62x — Web result [1,3]; IPO priced below peers	12
6. Subscription (15)	QIB: 1.1x → 4.5/5; NII/HNI: 0.98x + bNII: 1.02x → avg ~1.0x → 3.5/7; Retail: 1.86x → 2.5/3	10.5
7. Financial Quality (10)	Revenue: ₹100.76 Cr; PAT: ₹9.45 Cr; RoNW: 28.40%; Revenue growth: 12.2% YoY; PAT growth: 22.0% YoY — Web result [1,4]; No cash flow/receivables data	6

Top Positives

Strong financial growth: Revenue up 12.2% YoY, PAT up 22.0% YoY — Web result [4]
Healthy RoNW at 28.40% — Web result [1]
IPO P/E (14.56x) below sector peers (Confidence Petroleum 26.70x, Aegis Logistics 72.62x) — Web result [1,3]
Retail subscription strong at 1.86x — Data block

Top Red Flags

SEBI litigation over governance issues and undisclosed promoter conflicts — Web result [1]
Penalties imposed on related entities for non-compliance — Web result [1]
No anchor investor names available — Issue data limitation
GMP at 0% indicates lack of grey market enthusiasm — Data block
Lead manager (SKI Capital) track record not verifiable from web research — Web result [1]

Missing Data

Anchor investor names (not in issue data or web research)
Anchor portion % of issue/QIB (issue data not available)
Lead manager track record (past listing gains, SEBI actions) — Not found in web research
Use of IPO proceeds — Not found in issue data or web research
Pre/post issue promoter holding — Not found in issue data or web research
Debt/equity ratio — Not found in issue data or web research
EBITDA/PAT margins beyond RoNW — Partially covered (EBITDA implied via PAT)
Market maker quality beyond identity — Not assessed
Cash flow and receivables data — Explicitly unavailable per rules

Data Timestamps

Market data fetched: 2026-09-23T18:58:28.940Z
Web research fetched: 2026-09-23T18:58:34.819Z

Not investment advice. Do your own due diligence.

GMP MOVEMENT

Grey market trend

Initial

1 recorded GMP updates · Oldest to latest

TREND READ

Initial GMP trend

Axiom Gas Engineering IPO's grey market premium is currently showing a Initial trend.

Starting GMP₹0

Net change+₹0

GMP range₹0

Sessions1

LIVE DEMAND

Subscription by investor category

As of 22nd Sep 2026 18:57

QIB1.1×Qualified institutions

NII / HNI0.98×Non-institutional investors

bNII1.02×HNI applications above ₹10L

sNII0.92×HNI applications below ₹10L

Retail1.86×Retail individual investors

Total1.39×Overall subscription

Total bid amount: ₹58.94 crore

ISSUE DETAILS

Dates, pricing & lot

Opening date18-Sep

Closing date22-Sep

Listing date25-Sep

Price band₹51.00 – ₹54.00

Issue size₹50.75 Cr

Minimum investment₹1,08,000

Est. profit per lot₹0

ExchangeNSE SME

CategorySME IPO

HISTORY

GMP updates

Date & time	GMP	Movement
09 Sept, 12:37 pm	₹0	Flat