anubhai
Back Office| Axiom Gas Engineering Ltd |
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| Registered Office: #.522-527 SWC Hub 5th Floor, Opp Rajpath Complex Bhaily, Vadodara - 391410, Gujarat |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| 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. 50-53 per equity share (Including a Share Premium of Rs. 45-48 Per Equity Share) (the "Issue Price") aggregating up to Rs. 46.99-49.81 Crores (the "Issue"). The issue comprises a reservation of up to 4,78,000 equity shares aggregating up to Rs. 2.39-2.53 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. 44.60-47.28 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. 50/- to Rs. 53/- per equity share of face value of Rs. 5/- each. The floor price is 10.00 times the face value and the cap price is 10.60 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 | Application | Allotment |
| 18-Sep-2026 | 22-Sep-2026 | 50.00 - 53.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 0.00 |
| Project Financed through Current Offer | 46.99 |
| Post Issue Equity Share Capital | 17.67 |
| Issue Price | 50.00 |
| Projects |
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| Capital Expenditure |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company. |
| General Corporate Purposes. |
| Promoted By |
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| Sadique Abdul Kadar Banani |
| Alpeshkumar Naginbhai Patel |
| Asma Mohamad Sadique Banani |
| NSE - SME |
| Registrar to the Issue |
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| KFin Techologies Ltd |