IPO details · Updated
Sumax Engineering Limited
- Price Band
- ₹95 – ₹101
- Lot Size
- 1,200 shares
- Min. Investment
- ₹1,21,200
- Issue Size
- ₹53.4 Cr
- Offer Dates
- 25 Aug – 28 Aug 2026
- Listing
- 2 Sept 2026
Issue Details
- Total Issue Size
- ₹53.4 Cr
- 52,87,200 shares
- Fresh Issue
- ₹43.34 Cr
- 42,91,200 shares
- Offer for Sale
- ₹10.06 Cr
- 9,96,000 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- NSE SME
- Shares Pre-Issue
- 1,47,31,500
- Shares Post-Issue
- 1,90,22,700
IPO Timeline
Offer opens
25 Aug 2026
Offer closes
28 Aug 2026
Allotment
31 Aug 2026
Listing
2 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor27.1%14,35,200 shares
- QIB18.4%9,74,400 shares
- HNI13.8%7,27,200 shares
- Retail32.0%16,92,000 shares
- Employee3.6%1,92,000 shares
- MarketMaker5.0%2,66,400 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| All categories | 35,85,600 | 58,42,28,400 | 162.94x |
| Total | 35,85,600 | 58,42,28,400 | 162.94x |
Lot Size & Investment
1 lot = 1,200 shares
Retail (min)
2 lots · 2,400 shares
Retail (max)
2 lots · 2,400 shares
S-HNI (min)
3 lots · 3,600 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,400 | ₹2,42,400 |
| Small HNI (S-HNI) | 3 | 3,600 | ₹3,63,600 |
| Big HNI (B-HNI) | 9 | 10,800 | ₹10,90,800 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 84.81 | 66.14 | 54 |
| Total Income | 148.34 | 147.18 | 131.54 |
| Profit After Tax | 12.76 | 9.98 | 7.43 |
| EBITDA | 19.08 | 15.03 | 11.63 |
| Net Worth | 61.6 | 48.84 | 38.86 |
| Reserves & Surplus | 46.88 | 46.75 | 36.77 |
| Total Borrowing | 13.06 | 7.75 | 6.43 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| ROE (%) | 23.1 | 22.76 |
| ROCE (%) | 23.86 | 24.64 |
| EPS (₹) | — | 8.66 |
| P/E (pre-issue) | — | 11.66 |
| P/E (post-issue) | — | 15.05 |
About Sumax Engineering Limited
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 Strengths Experienced Promoters, management and operating team Comprehensive Product Range Strong Industry Relationships Advanced In-House Processing Facilities Focused on Cost Competitiveness Efficient Logistics and Supply Chain Management Strong Financial performance Tailored Product Design
Objects of the Issue
- 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 (₹5.80 Cr)
- Issue Expenses (₹4.03 Cr)
Promoters
- <p>Sudeep Mehta
- Smriti Mehta</p>
Company Information
- Book running lead managers
- GYR Capital Advisors Pvt.Ltd.
- Registered office
- Plot No.45, Shanthinikethan Colony,, Mahendra Hills,, East Marredpally,, Secunderabad, Telangana, 500026
- Market maker
- Giriraj Stock Broking Pvt.Ltd., Mansi Share & Stock Broking Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
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