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