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Axiom Gas Engineering Ltd

Registered Office: #.522-527 SWC Hub 5th Floor,Opp Rajpath Complex Bhaily, Gujarat , Vadodara,391410
Phone : +91 40450 65015 | Fax : N/A | Email : compliance@axiomgas.com | Website : www.axiomgas.com

Initial public offer of up to 93,98,000* equity shares of face value of Rs. 5 each (the "Equity Shares") of Axiom Gas Engineering Limited (the "Company" or the "Issuer") for cash at a price of Rs. 51-54 per equity share (Including a Share Premium of Rs. 46-49 Per Equity Share) (the "Issue Price") aggregating up to Rs. 47.93-50.75 Crores (the "Issue"). The issue comprises a reservation of up to 4,78,000 equity shares aggregating up to Rs. 2.44-2.58 Crores for subscription by the market maker (the "Market Maker Reservation Portion") and a net issue to the public of up to 89,20,000 equity shares aggregating up to Rs. 45.49-48.17 Crores (the "Net Issue"). The issue and the net issue will constitute 26.59% and 25.24%, respectively, of the post-Issue paid-Up equity share capital of the company. Price Band: Rs. 51/- to Rs. 54/- per equity share of face value of Rs. 5/- each. The floor price is 10.20 times the face value and the cap price is 10.80 times the face value of the equity shares. Exceeds two lots, being a minimum of 4,000 equity shares, and in multiples of 2,000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Allotment Application
18-Sep-26 22-Sep-26 0.0 - 0.0 51.0 - 54.0

Minimum Application for shares in Nos : 4000.00 Further Multiples of : 2000.00

( in Cr) Lead Managers to the Issue
Project Cost 0.00 Ski Capital Services Ltd
Project Financed 47.93
Post Issue 17.67
Issue Price 17.67

Projects

  • Capital Expenditure
  • Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company.
  • General Corporate Purposes.
  • Promoted By
    Sadique Abdul Kadar Banani
    Alpeshkumar Naginbhai Patel
    Asma Mohamad Sadique Banani
  • Listing At
    NSE - SME
  • Registrar to the Issue
    KFin Techologies Ltd