Sumax Engineering

Sumax Engineering SME IPO

Listed

NSE SMEOpens 25 August 2026Closes 28 August 2026

Incorporated in 1994, Sumax Engineering Limited is an engineering and manufacturing solutions provider specializing in products tailored for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish…

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Live GMPSubscriptionAllotment
Price band
₹95 - ₹101
Issue size
₹53.4 Cr
Lot size
1,200 shares
Type
NSE SME
GMP
₹22 (+21.8%)
Est. listing
₹123
Est. profit / app
₹52,800
Retail quota
35.04%

Key ratios

As per RHP / filings
Face value
₹10
EPS
8.66
P/E ratio
11.66
RoNW
20.71%
ROE
23.1%
Debt / Equity
0.21
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Timeline

IPO Opens

25 Aug

IPO Closes

28 Aug

Allotment

31 Aug

Listing

2 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date25 August 2026
IPO Close Date28 August 2026
Allotment Date31 August 2026
Listing Date2 September 2026

Investment Categories

CategoryLotsAmount
Individual
2₹2,42,400
SHNI (Min)
3₹3,63,600
SHNI (Max)
8₹9,69,600
BHNIAbove ₹10,00,000
9₹10,90,800

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)49.90%
NII (Non-Institutional Investor)15.06%
SHNI (Small Non-Institutional Investor)4.58%
BHNI (Big Non-Institutional Investor)9.17%
Retail35.04%
Market Maker5.04%
Total100.00%

IPO Objectives

  • Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan (₹4.89 Cr).
  • Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sector 11, Model Economic Township, Village - Nimana, Tehsil Badli, District - Jhajjar, State Haryana (₹16.62 Cr).
  • Funding working capital requirements of the company (₹12.00 Cr).
  • General corporate purposes.

Strengths

  • Comprehensive product suite serving both automotive OEM manufacturing lines and the automotive aftermarket refinish ecosystem.
  • In-house converting, coating, compounding, and precision die-cutting infrastructure ensuring quality consistency and cost competitiveness.
  • Established, long-standing commercial relationships with key automotive OEMs and Tier-1 suppliers across India.
  • Experienced promoter leadership with specialized technical execution and in-house product development capabilities.

Weaknesses

  • High reliance on imported raw materials (76.65% of total purchases in FY26), exposing margins to foreign exchange fluctuations and global shipping disruptions.
  • Customer concentration risk, with the top 10 customers accounting for 55.59% of revenue from operations in FY26 without long-term purchase agreements.
  • Regional sales concentration, with Tamil Nadu and Haryana generating 48.79% of total revenue from operations in FY26.
  • Operational execution risks linked to vacating the leased Manesar plant and transitioning operations into proposed manufacturing units in Rajasthan and Haryana.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)84.8166.1454
Revenue (₹ Cr.)148.34147.18131.54
PAT (₹ Cr.)12.769.987.43
Net Worth (₹ Cr.)61.648.8438.86

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Sumax Engineering2.4111.6620.71%61.6

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3Day 4
QIB0x0x2.22x121.28x
NII2.29x6.67x18.67x270.67x
S-HNI2.91x10.03x23.42x180.8x
B-HNI1.97x4.99x16.3x315.6x
RII5.77x17.44x34.66x158.88x
Total3.24x9.63x20.8x162.88x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB9,74,40011,81,78,4001,193.6
NII7,27,20019,68,27,6001,987.96
Small NII2,42,4004,38,25,200442.63
Big NII4,84,80015,30,02,4001,545.32
RII16,92,00026,88,28,8002,715.17
Total35,85,60058,40,37,6005,898.78
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Company Details

  • Sumax Engineering Limited
  • Plot No.45, Shanthinikethan Colony, Mahendra Hills, East Marredpally, Secunderabad, Telangana, India, 500026
  • +91 78931 66698
  • compliance@sumaxindia.com
  • https://www.sumaxindia.com/

Registrar Details

Frequently Asked Questions

What does Sumax Engineering Limited do?
Sumax Engineering Limited manufactures and trades adhesive tapes, die-cut components, polishing compounds, buffing pads, and car care products for the automotive OEM and refinish sectors.
What are the IPO dates for Sumax Engineering SME IPO?
The Sumax Engineering SME IPO opens for subscription on August 25, 2026, and closes on August 28, 2026 (Anchor bidding opens on August 24, 2026).
What is the price band and minimum investment for Sumax Engineering SME IPO?
The price band is fixed at ₹95 to ₹101 per equity share. Retail investors can apply for a minimum lot of 2,400 shares (2 lots), amounting to an investment of ₹2,42,400 at the upper price band.
What is the total issue size of Sumax Engineering SME IPO?
The total issue size is ₹53.40 Crores (52,87,200 equity shares), comprising a Fresh Issue of ₹40.65 Crores (42,91,200 shares) and an Offer for Sale of ₹10.06 Crores (9,96,000 shares).
What is the tentative listing date for Sumax Engineering SME IPO?
The equity shares of Sumax Engineering Limited are tentatively scheduled to list on the NSE EMERGE platform on September 2, 2026.

Sumax Engineering SME IPO News & Updates

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Sumax Engineering SME IPO IPO Pages

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Sumax Engineering SME IPO Details

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Sumax Engineering SME IPO GMP

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Sumax Engineering SME IPO Subscription

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Sumax Engineering SME IPO Allotment

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Sumax Engineering SME IPO Review

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Sumax Engineering SME IPO FAQ

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Sumax Engineering SME IPO Registrar

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Sumax Engineering SME IPO Timeline

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Sumax Engineering SME IPO News

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Sources

We match Sumax Engineering SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • KFin Technologies LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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