Axiom Gas Engineering SME IPO GMP History
Axiom Gas Engineering SME IPO has been listed on September 25, 2026 at a listing price of ₹54.75, against the issue price of ₹54 — a gain of ₹0.75 (+1.39%). The GMP peaked at ₹0 on 25 September 2026 and reached a low of ₹0 on 25 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Axiom Gas Engineering SME IPO raised ₹50.75 Cr. through its IPO at a price band of ₹51 to ₹54 per share, with a lot size of 2000 shares. The IPO was open for subscription from 18 Sep 2026 to 22 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Sep, 6:30 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 25 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 24 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 23 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 22 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 21 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 20 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 19 Sep 2026 | ₹ 0 | — | 0% | — | — |
Axiom Gas Engineering SME IPO dates
Key dates from opening to listing. Today is 25 October.
- Open 18 Sep 2026
- Close 22 Sep 2026
- Allotment 23 Sep 2026
- Refund/credit 24 Sep 2026
- Listing 25 Sep 2026
Axiom Gas Engineering SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹54 |
|---|---|
| Listing gain / loss | +₹0.75 per share |
| Listing date | 25 Sep, 2026 |
| Actual listing price | ₹54.75 (+1.39%) |
Is Axiom Gas Engineering SME IPO GMP reliable?
Grey market premium for Axiom Gas Engineering SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Axiom Gas Engineering SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Axiom Gas Engineering SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Axiom Gas Engineering SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Axiom Gas Engineering SME IPO
Axiom Gas Engineering Ltd was started in 2007. It works in what it calls green energy engineering, meaning it builds and services the systems that handle cleaner fuels such as Auto LPG, CNG and LNG, for both retail outlets and industrial users.
Its work covers several areas. In gas and pipe engineering it designs, installs and maintains gas systems for industrial and commercial use. It provides turnkey services for LPG and CNG retail outlets, bottling plants and bulk installations, meaning it takes a project from the idea stage right through to completion. It also carries out statutory testing and certification of hydrocarbon equipment to meet safety rules, gives technical consultancy on equipment design, and runs maintenance and training programmes. Pressure vessels are manufactured through third party collaboration rather than in its own plant.
Alongside this engineering work it owns and runs a retail fuel network. It operates more than 20 Auto LPG Dispensing Stations under the brand PRIMEFUEL, spread across several states including Telangana, Karnataka and Maharashtra.
Frequently asked
What is the GMP of Axiom Gas Engineering SME IPO?
The current Grey Market Premium (GMP) of Axiom Gas Engineering SME IPO is not yet started or active in the market.
What is the Kostak Price of Axiom Gas Engineering SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Axiom Gas Engineering SME IPO is not available.
What is the Subject to Sauda Price of Axiom Gas Engineering SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Axiom Gas Engineering SME IPO?
Axiom Gas Engineering SME IPO listed on September 25, 2026 at ₹54.75, against the issue price of ₹54 — a gain of +1.39%.
How did the GMP of Axiom Gas Engineering SME IPO trend before listing?
The GMP of Axiom Gas Engineering SME IPO was stable in its final days before listing. The GMP peaked at ₹0 on 25 September 2026. View the day-wise table above for the complete GMP history.
Explore Axiom Gas Engineering SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
