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Axiom Gas Engineering Ltd
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Registered Office:
#.522-527 SWC Hub 5th Floor,Opp Rajpath Complex Bhaily
,
Vadodara
-
391410
,
Gujarat
, India.
Phone :
+91 40450 65015 Fax:
Email : compliance@axiomgas.com
Website : www.axiomgas.com
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Initial public offer of up to 93,98,000 equity shares of face value of Rs5 each ("Equity Shares") of Axiom Gas Engineering Limited ("AGEL" or the "Company") for cash at a price of Rs54 per equity share (Including a Share Premium of Rs49 Per Equity Share) (the "Issue Price") aggregating to Rs50.75 Crores (the "Issue"). Comprises a fresh issue of 93,98,000 equity shares aggregating to Rs50.75 Crores by the company ("Fresh Issue"). There is no offer for sale component in the issue. Out of the issue, 4,78,000 equity shares aggregating to Rs2.58 Crores were reserved for subscription by the market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. 89,20,000 equity shares of face value of Rs5 each at an issue price of Rs54 per equity share aggregating to Rs48.17 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue constitute 26.59% and 25.25% respectively of the post issue paid up equity share capital of the company.(the "Net Issue"). The issue and the net issue will constitute 26.59% and 25.24%, respectively, of the post-Issue paid-Up equity share capital of the company.
Price Band: Rs54/- per equity share of face value of Rs5/- each.
The floor price is 10.80 times the face value of the equity shares.
Exceeds two lots, being a minimum of 4,000 equity shares, and in multiples of 2,000 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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18-Sep-26
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22-Sep-26
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Rs 54.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :4000 Further
Multiples of :2000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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44.22
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Project Financed through Current Offer
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50.75
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Post Issue Equity Share Capital
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17.67
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Issue Price
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Rs 54.00
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