Axiom Gas Engineering IPO opens today with flat listing expected

economictimes.indiatimes.com

Axiom Gas Engineering's IPO opens for subscription today, September 18, 2026, with no grey market premium reported, suggesting a flat listing expectation. The issue closes on September 22. The Rs 50.75 crore fresh issue comprises 93.98 lakh shares priced at Rs 51–Rs 54 per share, with a lot size of 2,000 shares. Allotment is expected on September 23, with NSE SME listing tentatively scheduled for September 25. Proceeds will fund Rs 27.60 crore in capital expenditures and Rs 9.12 crore for debt repayment. The company reported FY26 total income of Rs 101 crore and PAT of Rs 9 crore.


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Axiom Gas Engineering IPO opens today with flat listing expected | News Minimalist