Axiom Gas Engineering IPO Lists Flat on NSE

Business Standard Markets · stocks

Axiom Gas Engineering made its stock market debut on the NSE with a flat opening, trading at Rs 54.10, a marginal 0.19% increase from its issue price of Rs 54. The stock initially listed at Rs 54.75, a 1.39% premium, but later saw a slight dip. The company, involved in Auto LPG distribution, saw its IPO subscribed 1.36 times. For FY2026, Axiom Gas Engineering reported consolidated revenue of Rs 100.75 crore and a profit after tax of Rs 9.45 crore.