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Sumax Engineering Ltd

IPO Details · GMP · Subscription · Financials

🔒 Closed NSE SME SME Live Chart
Issue Price
₹101
Per Share
GMP
+₹25
+24.75% Grey Market
Est. Listing
₹126
Expected Price
Min. Application
₹242,400
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹101 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size52,87,200 shares (agg. up to ₹53 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 25 Aug 2026
Subscription CloseFri, 28 Aug 2026
Anchor AllotmentMon, 24 Aug 2026
Basis of AllotmentMon, 31 Aug 2026
Initiation of RefundsTue, 01 Sep 2026
Credit of Shares to DematTue, 01 Sep 2026
Listing DateWed, 02 Sep 2026
UPI Mandate Deadline5:00 PM on 28 Aug 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,42,400 — 2,400 shares
Retail — Max (13 Lots)₹1,575,600 (13 Lots)
HNI — Min (3 Lots)₹3,63,600 — 3,600 shares
EPS (Pre-IPO)₹8.66
EPS (Post-IPO)₹6.71
P/E Ratio (Pre-IPO)11.66x
P/E Ratio (Post-IPO)15.05x
Net Offer to Public50,20,800 shares (agg. up to ₹51 Cr)
Reserved for Market Maker2,66,400 shares (agg. up to ₹3 Cr)
Pre-IPO Promoter Holding1,47,31,500 shares
Post-IPO Promoter Holding1,90,22,700 shares
Fresh Issue Shares40,24,800 shares (agg. up to ₹41 Cr)
Offer for Sale Shares9,96,000 shares of ₹10 (agg. up to ₹10 Cr)
About Sumax Engineering Ltd

Incorporated in 1994, Sumax Engineering Ltd. is engaged in the manufacturing and trading of products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets. The company operates through two segments: manufacturing and trading.Its manufacturing portfolio includes adhesive tapes and die-cuts, pre-taped masking films, rubbing and polishing compounds, buffing and foam pads, reflective tapes, domes and graphics, and car care products.Through its trading business, the company supplies electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, accessories, and aerosol products.The company operates two manufacturing units, located in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana.It has a market presence across 26 states and Union Territories in India and exports its products to markets including Thailand, South Korea, Russia, Turkey, China, Vietnam, the United States, Saudi Arabia, and Taiwan.As of March 31, 2026, the company had 121 employees.Competitive StrengthsExperienced Promoters, management and operating teamComprehensive Product RangeStrong Industry RelationshipsAdvanced In-House Processing FacilitiesFocused on Cost CompetitivenessEfficient Logistics and Supply Chain ManagementStrong Financial performanceTailored Product Design

Objects of the Issue

Sumax Engineering Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
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
2
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
3
Funding working capital requirements of the company
12.00
4
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,47,31,500 shares
Post-IPO Promoter Holding 1,90,22,700 shares
Check AllotmentCheck Status →
Sumax Engineering Ltd — Live Price LIVE
₹101.00
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Issue ₹101.00 GMP: +₹25 (+24.75%) Live Price
Quick Facts
GMP Signal🟢 Positive
StatusClosed
Issue Price₹101
GMP+₹25
Est. Listing₹126
Lot Size1,200 shares
Min Amount₹242,400
Listing Date02 Sep 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹101
Listing Date02 Sep 2026
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 266,400 ₹2.69 Cr
TOTAL 5,287,200 100.00% ₹53.40 Cr
* Based on ₹101.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹101.00
Per Share
Min Investment
₹121,200
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹121,200
Retail (Max) 13 15,600 ₹1,575,600
sNII (Min) 14 16,800 ₹1,696,800
bNII (Min) 68 81,600 ₹8,241,600
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 148.34 147.18 131.54
EBITDA 19.08 15.03 11.63
Profit After Tax (PAT) 12.76 9.98 7.43
Net Worth 61.60 48.84 38.86
Total Assets 84.81 66.14 54.00
Reserves & Surplus 46.88 46.75 36.77
Total Borrowings 13.06 7.75 6.43
Key Ratios & Valuation
Issue Price ₹101
Face Value ₹10 Per Share
P/BV 2.41
RoE 23.10
RoCE 23.86
RoNW 20.71
PAT Margin (%) 8.64
EBITDA Margin (%) 12.86
Debt / Equity 0.21
Company Details
Company
Sumax Engineering Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No.45, Shanthinikethan Colony, Mahendra Hills, East Marredpally, Secunderabad, Telangana, 500026
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd
Book Running Lead Manager (BRLM)