Books show 1.39x total subscription (QIB 1.1x, NII 0.98x, retail 1.86x). Retail is doing the heavy lifting here while institutional books stay thin — premiums built on retail-only heat fade faster into close day. This is an SME issue on NSE Emerge/BSE SME — thinner grey-market depth than mainboard, so small dealer shifts move the quote more. The ₹108,000+ minimum ticket keeps small savers out, so SME grey quotes swing harder on fewer hands. This issue has already listed — compare the debut against the premium trail above to judge how honest the street signal was.
Unofficial street quote — treat as sentiment alongside subscription breadth and fundamentals, never as a promised listing price.
Grey Market Premium is an unofficial, off-exchange quote. SEBI does not recognise grey-market trading; the actual listing price is decided by order-book demand on debut day.
| Price Band | ₹51 - ₹54 |
|---|---|
| Lot Size | 2,000 shares |
| Issue Size | ₹51 Cr |
| Opening Date | 18 Sep 2026 |
| Closing Date | 22 Sep 2026 |
| Listing Date | 25 Sep 2026 |
| Subscription | 1.39x |
The latest unofficial grey market premium for Axiom Gas Engineering IPO is not yet available. This page updates automatically through the bidding window.
GMP is re-quoted through the bidding window as subscription momentum and market mood shift. No quote yet for this issue — this page updates automatically.
No. GMP is an unofficial sentiment indicator that can change quickly. The actual listing price is decided by regular order-book demand on the exchanges on debut day. For Axiom Gas Engineering, the book stands at 1.39x overall with QIB demand at 1.1x — read that breadth next to the premium, not the premium alone.
The full report with subscription status, RHP financials, strengths and data-based analysis signal is on the Axiom Gas Engineering IPO detail page.
Read the full Axiom Gas Engineering IPO report →
Last updated: 14 Oct 2026, 02:21 IST