Axiom Gas Engineering IPO Details

SME

Axiom Gas Engineering IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

The Lead Managers for Axiom Gas Engineering IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Corpwis Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Axiom Gas Engineering Limited DRHP.

Axiom Gas Engineering IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
-
Lot Size
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Fixed Price Issue
Share holding pre issue
Share holding post issue
Total Issue Size
shares
Fresh Issue
shares
Offer for Sale
shares
DRHP Status
Exchange Approval Received

Axiom Gas Engineering IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Axiom Gas Engineering IPO Reservation

Promoter Holding

Pre Issue:98.28%
Post Issue:71.68%
Promoter Names:
Mr. Alpeshkumar Naginbhai Patel, Mrs. Kinnari Alpeshkumar Patel, Mr. Sadique Abdul Kadar Banani, Mrs. Asma Mohamad Sadique Banani

Documents

Axiom Gas Engineering IPO Valuations

ROE:41.45%
ROCE:27.01%
DEBT/EQUITY:1.45
RONW:41.45%
PAT MARGIN:7.70%

Axiom Gas Engineering Financial Information

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets54.7452.3729.126.29
Total Income21.2374.5458.0247.56
Profit After Tax2.245.741.861.58
Net Worth16.0913.858.116.25
Reserves and Surplus15.8413.67.866
Total Borrowing18.9120.128.47.8
Amount in ₹ Crore

About Axiom Gas Engineering IPO

Established in 2007, Axiom Gas Engineering Limited specialises in green energy engineering solutions.

The company offers Auto LPG, CNG, and LNG solutions, catering to retail and industrial sectors with a commitment to quality, innovation, and environmental sustainability.

As of June 30, 2024, the company operated 18 Auto LPG Dispensing Stations in Telangana, Maharashtra, and Karnataka.

Operating under the brand name "PrimeFuel," AGEL manages Auto LPG Dispensing Stations across multiple states in India. The company has demonstrated strong financial growth, with increasing revenues and profits.

The company offers the following services:-

  • Gas and Pipe Engineering: Designs, implements, and maintains efficient gas systems for various industrial and commercial needs.
  • Turnkey Services:Provides turnkey services for LPG/CNG retail, bottling, and bulk installations from concept to completion.
  • Statutory Testing and Certification: Testing and Certification for hydrocarbon equipment, ensuring compliance with safety standards.
  • Technical Consultancy: Provide expert guidance on hydrocarbon equipment design and optimization.
  • Maintenance Operation and Training: Provides maintenance and training programs to enhance gas system longevity and performance.
  • Manufacturing Pressure Vessels Through Third-Party Collaboration.
  • Specializing in Industrial and Commercial LPG solutions.

As of December 2024, the company has 21 permanent employees.

Competitive Strength:

  • Expertise in Executing Projects in Challenging Geographical Locations.
  • Cost Optimization Strategies Without Compromising Safety Standards.
  • Innovation in Developing and Implementing Cost-Effective Technical Solutions.
  • Leveraging Global Engineering Resources to Deliver Superior Value.
  • Commitment to Delivering Sustainable Projects with Excellence in Health Safety and Environment.
  • Rapid Deployment Capabilities to Minimize Turnaround Times.
  • Cost-Effective Establishment of New Auto LPG Dispensing Stations (ALDS).

Strength Of Axiom Gas Engineering IPO

To be announced

Risk Of Axiom Gas Engineering IPO

To be announced

Objectives Axiom Gas Engineering IPO

To be announced

Company Contact Details

Axiom Gas Engineering Ltd.
522 To 527, SWC Hub, 5th Floor Opp Rajpath Complex
Near Essar Petrol Pump
Bhaily
Vadodara, Gujarat, 391410
Phone: +914045065015
Email: compliance@axiomgas.com
Website: https://www.axiomgas.com/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

Market Maker

To be announced

Comments