Axiom Gas Engineering Ltd. has announced public offering of 9398000 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 48.00 per share. The gross proceeds of the issue are expected to be Rs 4,980.94 lakhs.

The company's initial public offer (IPO) will open on 18 September 2026 and is expected to close on 22 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 50.00-53.00 per share.

The IPO includes a fresh Issue of 9398000 Equity Shares of the Company at an price of Rs 53.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Axiom Gas Engineering Ltd. anticipates using the proceeds of the issue for .

SKI Capital Services Limited as lead manager & KFin Technologies Ltd. is the registrar, to the issue.