Axiom Gas Engineering SME IPO subscription status
How many shares have been bid for, category by category, from the exchange's bid book (NSE Emerge), with the number of applications where the exchange publishes it and the arithmetic chance of getting the minimum allotment.
- Subscribed overall
- 0.86×
- 21 Sep 2026, 17:00 IST
- Individual investors
- 1.03×
- Non-institutional
- 0.71×
- Qualified institutions
- 0.80×
- Applications
- 984
Bid book as on 21 Sep 2026, 17:00 IST, day 2 of bidding, as published by NSE. Times subscribed = shares bid ÷ shares offered to the category (the anchor portion is not part of the book).
By category
Shares offered, shares bid and applications, as the exchange reports them.
| Category | Shares offered | Shares bid | Times | Applications |
|---|---|---|---|---|
| Qualified institutions | 7,14,000 | 5,72,000 | 0.80× | 3 |
| Foreign institutions | — | 1,86,000 | — | 1 |
| Banks, FIs and insurers | — | 0 | — | 0 |
| Mutual funds | — | 0 | — | 0 |
| Other institutions | — | 3,86,000 | — | 2 |
| Non-institutional | 40,46,000 | 28,82,000 | 0.71× | 63 |
| Above ₹10 lakh | — | 21,90,000 | — | 11 |
| ₹2–10 lakh | — | 6,92,000 | — | 52 |
| Individual investors | 35,68,000 | 36,72,000 | 1.03× | 918 |
| Total | 83,28,000 | 71,26,000 | 0.86× | 984 |
The chance of getting the minimum allotment
Where a category is oversubscribed, the registrar draws lots: each successful application gets the minimum and no more. So the chance is the number of minimum applications the category can fill, divided by the applications received.
| Category | Minimum application | Minimums available | Applications | Chance, from the bid book |
|---|---|---|---|---|
| Individual investors | 4,000 shares · ₹2,16,000 | 892 | 918 | 1 in 1.03 |
Arithmetic on the bid book, not a view on the shares. Invalid and duplicate bids are removed before the draw, so the real ratio is usually better. The minimum application is at the upper end of the price band. Method: how the chance is worked out.
Timeline
Add to calendar- Anchor investors bid17 Sep
- Bidding opens18 Sep, 10:00
- Bidding closes22 Sep, 16:00
- UPI mandate cut-off22 Sep, 17:00
- Allotment finalised23 Sep
- Refunds and UPI unblocks24 Sep
- Shares credited to demat24 Sep
- Listing and first trade25 Sep, 10:00
- Anchor lock-in ends on half23 Oct
- Anchor lock-in ends on the rest22 Dec
Bidding dates and cut-offs from the exchange. Allotment, refund, credit and listing dates follow SEBI's T+3 timetable (working days after bidding closes); the exchange's notice is final when it differs. Times are IST.
Read the offer-document study for Axiom Gas Engineering Limited