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Axiom Gas Engineering IPO Price Band & Lot Size

SMEListed
AXIOMGAS · Agriculture · NSE SME

Updated · GMP, subscription and listing data refresh through the day.

Axiom Gas Engineering IPO Details

RegistrarKfin Technologies Ltd.
Lead managersSKI Capital Services Ltd
Offer documentDraft (DRHP)
Fresh issue₹49.81 Cr
Offer for sale—

Axiom Gas Engineering Financials ₹ in crore

Detailed financials for this issue aren’t available yet.

Axiom Gas Engineering IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹54
Individual investor (min)minimum application4,000₹2,16,000

The minimum application is 4,000 shares, ₹2,16,000 at the ₹54 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.

About Axiom Gas Engineering

Quanto Agroworld Limited is engaged in the cultivation, processing, and supply of Medicinal and Aromatic Plants (MAPs), with lemongrass as its primary crop. The company operates a vertically integrated business model covering agricultural cultivation to primary processing and bulk supply of essential oils. Its products are supplied to ingredient companies, herbal and nutraceutical manufacturers, personal care formulators, and export-oriented traders.

Axiom Gas Engineering IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (7)
The company has integrated operations across cultivation, harvesting, distillation, and processing.
The company has access to a large cultivation cluster with on-site distillation.
The company utilizes a sustainable, zero-waste operating model with by-product utilization.
The company has a presence in high-growth wellness, essential oils, and plant-based sectors.
The company has an experienced and diversified management team.
The company has a vertically integrated operating structure.
The company has a structured access to cultivation land with multi-year visibility.
▼ Risk factors (7)
The company's inability to collect trade receivables from customers in a timely manner could adversely affect its business, results of operations, cash flows, and financial condition.
The company has previously compounded a non-compliance under the Companies Act, 2013, which may have regulatory and reputational implications.
A significant portion of the company's purchases has been undertaken from a related party, and any adverse developments affecting such related party or the relationship with them may adversely affect its business operations and financial condition.
Unfavourable local and global weather patterns and climate-related factors could adversely affect its business, results of operations and financial condition.
The company has experienced negative cash flows from its investing and financing activities in certain periods, and any continued negative cash flows may adversely affect its growth prospects and business.
The company operates in two business verticals and its inability to manage its diversified operations may have an adverse effect on its business, results of operations and financial condition.
The company generates a significant percentage of its revenue from few clients. The loss of any one or more of its major clients would have a material adverse effect on its business operations and profitability.

How to check Axiom Gas Engineering IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Axiom Gas Engineering Limited, the registrar is Kfin Technologies Ltd. — allotment is finalised in the days between the issue closing on 22 Sept 2026 and listing on 25 Sept 2026.

RegistrarKfin Technologies Ltd.
You will needPAN, application number or demat ID
Issue closes22 Sept 2026
Listing date25 Sept 2026
Issue opens
Fri, 18 Sept, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Tue, 22 Sept, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Wed, 23 Sept, 2026
By Kfin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Thu, 24 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Fri, 25 Sept, 2026
NSE SME · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Axiom Gas Engineering IPO Price Band & Lot Size FAQs

What is the price band of Axiom Gas Engineering IPO?

The Axiom Gas Engineering Limited IPO price band is ₹54 to ₹54 per share. Applications are made at the cut-off price, which is the upper end of the band.

What is the lot size of Axiom Gas Engineering IPO?

One lot is 4000 shares, so a single application at the ₹54 cut-off costs ₹2,16,000. One lot already exceeds the ₹2,00,000 retail limit, so this issue can only be applied for in the HNI category.

What is the minimum investment in Axiom Gas Engineering IPO?

₹2,16,000 — one lot of 4000 shares at ₹54. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Is Axiom Gas Engineering IPO a mainboard or SME issue, and on which exchange?

Axiom Gas Engineering Limited is an SME issue listing on NSE SME. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is SKI Capital Services Ltd.

What is the issue size of Axiom Gas Engineering IPO?

The issue size is ₹50.75 crore, of which ₹49.81 crore is a fresh issue.

Axiom Gas Engineering IPO Registrar where allotment and refund queries go

RegistrarKfin Technologies Ltd.

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Axiom Gas Engineering IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (22 Sept 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Kfin Technologies Ltd., not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹54 upper band means the grey market is dealing at ₹54.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.