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IPO Axiom Gas Engineering Ltd

  • Pre Issue Shares

    2,59,46,000

  • No. of Shares Issued

    1,03,00,000

  • Pre Issue Equity Amt.

    ₹12.97 Cr

  • DP Filling Date

    19 December 2024

Axiom Gas Engineering Ltd IPO Timeline

Axiom Gas Engineering Limited is in the arena of green energy engineering solutions, headquartered in Hyderabad, India. Company has emerged as a trusted provider of installation, distribution, marketing, and support services in the petroleum engineering sector. It specializes in Auto LPG solutions, to both retail and industrial sectors with a commitment to quality, innovation, and environmental sustainability. The core business and fastest-growing division is the sales of Auto LPG from its own Auto LPG Dispensing Stations (ALDS) network and storage infrastructure across Telangana, Karnataka, and Maharashtra.

Axiom Gas Engineering Ltd IPO Details

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Company PromotersAlpeshkumar Naginbhai Patel, Kinnari Alpeshkumar Patel, Sidique Abdul Kadar Banani

Company Financials

Axiom Gas Engineering Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202452.3774.545.74
03-202329.158.021.86
03-202226.2947.561.61
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Capital expenditure
  • Repayment of borrowings
  • General corporate purposes

Axiom Gas Engineering Ltd IPO Prospectus

Axiom Gas Engineering Ltd IPO Listing Date

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Company Contact Information

Axiom Gas Engineering Ltd
#.522-527 SWC Hub 5th FloorOpp Rajpath Complex Bhaily,Vadodara-391410
Phone: +91 40450 65015
Email: compliance@axiomgas.com
Website: www.axiomgas.com

Axiom Gas Engineering Ltd IPO Registrar

Phone:+91 40 6716 2222
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Axiom Gas Engineering Ltd IPO Lead Manager(s)

  1. Corpwis Advisors Pvt Ltd