Axiom Gas Engineering IPO vs Galaxy Medicare IPO

Comparison between Axiom Gas Engineering IPO and Galaxy Medicare IPO.

IPO Details

Axiom Gas Engineering IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Galaxy Medicare IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Axiom Gas Engineering IPO is up to ₹0.00 Cr whereas the issue size of the Galaxy Medicare IPO is up to ₹21.19 Cr. The final issue price of Axiom Gas Engineering IPO is and of Galaxy Medicare IPO is ₹54.00 per share.

 Axiom Gas Engineering IPOGalaxy Medicare IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹54.00 per share
Issue Price (Final)₹54.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares
Fresh Issue Size94,92,000 shares31,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹16.74 Cr
OFS Issue Size0 shares8,24,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.45 Cr
Issue Size Total94,92,000 shares39,24,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹21.19 Cr

IPO Timetable

Axiom Gas Engineering IPO opens on , while Galaxy Medicare IPO opens on Sep 10, 2025. The closing date of Axiom Gas Engineering IPO and Galaxy Medicare IPO is , and Sep 12, 2025, respectively.

Financials & KPIs

Axiom Gas Engineering IPO P/E ratio is , as compared to Galaxy Medicare IPO P/E ratio of 19.01.

 Axiom Gas Engineering IPOGalaxy Medicare IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets60.8352.3729.10
Total Income89.8574.5458.02
Profit After Tax7.755.741.86
EBITDA13.2910.014.07
NET Worth23.8313.858.11
Reserves and Surplus10.8613.607.86
Total Borrowing16.3020.128.40
Amount in ₹ Crore

Company Financials (Restated)

Galaxy Medicare Ltd.'s revenue increased by 9% and profit after tax (PAT) dropped by 9% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets31.4932.5332.31
Total Income40.2736.9432.03
Profit After Tax3.373.711.57
EBITDA4.585.263.14
NET Worth18.3615.5411.94
Reserves and Surplus12.299.5114.78
Total Borrowing4.618.129.15
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.2899.57
Promoter Shareholding (Post-Issue)71.6872.43
P/E Ratio19.01
Market Cap₹81.93 Cr.
ROE32.5219.88
ROCE30.3122.38
Debt/Equity0.680.25
EPS₹2.84
RoNW32.5218.35

Shares Offered

In the Axiom Gas Engineering IPO Retail Individual Investors (RII) are offered 0 shares while in Galaxy Medicare IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Axiom Gas Engineering IPO and 80,000 shares in Galaxy Medicare IPO.

 Axiom Gas Engineering IPOGalaxy Medicare IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares2,08,000 shares
QIB0 shares80,000 shares
NII0 shares15,36,000 shares
RII0 shares23,08,000 shares
Employee0 shares0 shares
Others
Total0 shares39,24,000 shares

Bids Received (Subscription)

Axiom Gas Engineering IPO subscribed in total, whereas Galaxy Medicare IPO subscribed 1.83x.

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Axiom Gas Engineering IPO Vs Galaxy Medicare IPO