Subscription data pending
Axiom Gas Engineering IPO Subscription Status
Axiom Gas Engineering SME IPO is scheduled to open for subscription on Sep 18, 2026 and close on Sep 22, 2026. Live category-wise figures for QIB, NII and individual investor investors will appear here after bidding data becomes available from NSE.
- Open date
- Sep 18, 2026
- Close date
- Sep 22, 2026
- Price band
- ₹50–₹53
- Minimum application
- ₹2,12,000 for 4,000 shares
- Issue type
- NSE SME
- Subscription source
- NSE
How to read Axiom Gas Engineering IPO subscription status
IPO subscription is reported as the number of times investors apply for the shares available in each reserved category. A value of 1x means the category has received bids equal to the shares offered, while a value above 1x indicates oversubscription.
Subscription figures can change quickly during the bidding window, particularly on the final day. They indicate demand, but do not guarantee allotment, listing gains or future performance.
Axiom Gas Engineering IPO subscription FAQs
The Axiom Gas Engineering IPO allotment is expected to be finalised on Sep 23, 2026. You can check your allotment status by PAN or application number on the registrar's website or on IPO Ji once it is published.
Axiom Gas Engineering IPO has a price band of ₹50–₹53 per share, with a minimum individual investor application of ₹2,12,000 for 4000 shares.
It means investors have applied for X times the number of shares the company is offering. For example, 5x means demand was five times the shares available. A figure above 1x is called oversubscription; below 1x is undersubscription.
No. The higher an issue is oversubscribed, the lower each applicant’s chance of allotment. SME shares are allotted according to the applicable Individual Investor, NII and exchange rules, so oversubscription does not guarantee full allotment.
QIB covers qualified institutions. Under the current SME IPO framework, an Individual Investor applies for the minimum application size of two lots above ₹2 lakh, while applicants bidding for more than two lots are classified in the NII category. Each category has its own reserved portion and allotment rules.
IPO Ji updates subscription figures through the bidding day using data sourced from NSE. The "Last updated" time shown on the page reflects the most recent refresh.