Axiom Gas Engineering Ltd
IPO Day 2 Subscription Status
September 21, 2026 | 2 min read
Axiom Gas Engineering Ltd IPO Day 2 Subscriptions details: check bidding details
Axiom Gas Engineering Ltd IPO day 2 subscription details:
The initial public offering of Axiom Gas Engineering Ltd ended the second day with investors bidding 0.72 the available shares on offer worth 50.75. The retail investor portion of the IPO was subscribed 0.84 times the available shares on offer. Retail investors have 42.84% of the total issue reserved for them.
At the end of bidding on day 2, the qualified institutional buyers' (QIB) portion of the IPO got bids for 0.80 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.
The non-institutional investors quota got bids for 0.60 times the available quota of shares. This segment includes HNI and ultra HNI investors.
Read More: Axiom Gas Engineering Ltd IPO day 1 subscriptions details
Here's a snapshot of the subscription details:
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 0.80 |
| Non-Institutional Investors (NII) | 0.60 |
| Retail Individual Investors (RII) | 0.84 |
| Total | 2.25 |
Axiom Gas Engineering Ltd IPO details :
Axiom Gas Engineering Ltd's IPO consists of a fresh issue of ₹50.75. The IPO’s price band is ₹51 – ₹54 per share. The company’s shares will be listed on NSE - SME on 25 Sep 26.
Here are the key details of Axiom Gas Engineering Ltd IPO
Offer for sale: 0.00 shares
Fresh issue: 50.75
Price Band: ₹51 – ₹54 per share
Bid open dates: 18 Sep 26
Allotment date: 23 Sep 26
Listing date: 25 Sep 26
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