Current IPO
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.
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Promoted By
Sadique Abdul Kadar Banani
Alpeshkumar Naginbhai Patel
Asma Mohamad Sadique Banani
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Listing At
NSE - SME
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Registrar to the Issue
KFin Techologies Ltd