Sumax Engineering
02 Sep '26SME
Min. Investment
₹2,28,000
Issue size
₹53.4 Cr
GMP
Locked
Overall subscription: 2.41x
Expert verdict
IPO dates
25 Aug
Opening
28 Aug
Closing
31 Aug
Allotment
02 Sep
Listing
*Refunds will be initiated on 01 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,42,400 |
Subscription (as on 25 August 2026, 11:44 AM)
Overall2.41x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1994|MD: Mr Sudeep Mehta
- Sumax Engineering Limited is engaged in the manufacturing and trading of products for the automotive original equipment manufacturer (OEM) and auto refinish markets. Its manufacturing portfolio includes adhesive tapes and die-cuts, pre-taped masking film, rubbing and polishing compounds, buffing and foam pads, reflective tapes, domes and graphics, and car care products.
- The company also manufactures and supplies paint protection film (PPF), a thermoplastic polyurethane film used on vehicle-painted surfaces. Its trading portfolio comprises electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, accessories and aerosol products.
- The company operates two manufacturing units, one at SIPCOT Industrial Park, Sriperumbudur, Tamil Nadu, and another at IMT Manesar, Haryana. Its registered office is located in Secunderabad, Telangana. The company’s manufacturing processes are certified under ISO 9001:2015 and IATF 16949:2016 standards.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹95 to 101
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 27.14%
QIB - 18.43%
HNI - 13.75%
Retail - 32.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Sumax Engineering IPO is ₹53.4 Cr
The Sumax Engineering IPO will be open for applications from 25 Aug '26 to 28 Aug '26
The lot size of Sumax Engineering IPO is 1200 Shares and its minimum investment amount is ₹2,28,000.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Sumax Engineering IPO is null
