Axiom Gas Engineering Ltd. ಕಂಪನಿ ಇತಿಹಾಸ ಮತ್ತು ವಾರ್ಷಿಕ ಬೆಳವಣಿಗೆ ವಿವರ

Our Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of Axiom Gas Engineering Private Limited” bearing Corporate Identification Number U23201GJ2007PTC051590 August 24, 2007 issued by the Registrar of Companies, Ahmedabad. Subsequently, the name of our Company was changed to “Axiom Gas Engineering Limited” and a fresh Certificate of Incorporation dated July 16, 2024 was issued by the Registrar of Companies, Ahmedabad. As on date of this Red Herring Prospectus, the Corporate Identification Number of our Company is U23201GJ2007PLC051590.

2007-08

- Incorporation of our company

- Subcontracting work for Auto LPG dispensing stations through M/s MIDCO Limited for Reliance Industries Limited.

2008-09

- Auto LPG Dispensing Station (ALDS) installer license from the Petroleum and Explosives Safety Organisation (PESO)

2009-10

- Obtained ALDS installer certification from PESO in November 2009.

- Initiated engineering activities focusing on Auto LPG statutory tank testing post-certification.

2010-11

- Continued engineering activities for Auto LPG statutory tank testing

- Commenced LPG dispenser calibration activities for on a nationwide basis.

2011-12

- Continued to expand engineering activities for focusing on Auto LPG statutory tank testing.

- Undertook the removal of ALDS assets.

2013

- Applied for an Operator License to engage in LPG retail activities.

- Received the rating certificate and became eligible to conduct business in both packed cylinder and auto LPG sectors.

2014

- Inauguration of the ALDS in Tadband, Hyderabad, Telangana.

- Sales Volume (litres): 500 KL

2015

- Expansion commenced with the introduction of 3 additional ALDS in Hyderabad.

- Sales Volume (litres): 2000 KL

2016

- Witnessed a substantial surge in ALPG sales, marking a 65% increase, surpassing 3000 KL.

- Sales Volume (litres): 3200 KL

2017

- Addition of another ALDS in Hyderabad, Telangana.

- Sales Volume (litres): 4200 KL

2018

- Continued expansion into Karnataka and Maharashtra, with 1 additional ALDS in Karnataka and the initiation of two more ALDS, one in Solapur, Maharashtra, and another in Hyderabad, Telangana

- Sales Volume (litres): 4900 KL

2019

- Rapid expansion characterized by the launch of 2 additional ALDS in Solapur, Maharashtra, and Hyderabad, Telangana. Additionally, procured a 100MT LPG Storage & Bottling Plant in Solapur, Maharashtra.

- Sales Volume (litres): 5000 KL

2020

- Streamlined ALDS operations to optimize costs and augment service quality across all outlets.

- Sales Volume (litres): 7000 KL

2021

- Introduction of two new outlets, one each in Nai Zindagi, Solapur, Maharashtra, and Upparpally, Hyderabad, Telangana. Furthermore, acquired an LPG Storage and Bottling Plant with a total capacity of 100MT, inclusive of blending facilities, in Shivoor Bangla, Aurangabad, Maharashtra.

- Sales Volume (litres): 7300 KL

2022

- Prolific expansion in Maharashtra, with the inauguration of two ALDS in Aurangabad and one in Pandharpur.

- Sales Volume (litres): 9600 KL

2023

- Emphasis on operational efficiency and standardisation processes, complemented by the addition of 4 new ALDS, 2 in Maharashtra and 2 in Telangana, breaching the 10,000 KL milestone. Additionally, commenced supply to the Aurangabad ALDS from the Aurangabad Storage Plant.

- Sales Volume (litres): 10300 KL