Sumax Engineering Limited
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₹27(26.73%)
Premium (ELP)
The investment community is evaluating the IPO prospectus of Sumax Engineering Limited's, which outlines a total fundraising target of 52,87,200 Shares. This includes 42,91,200 Shares in new equity capital and ₹10.05 Cr in existing share sales, providing both growth capital and shareholder liquidity.
Investors can participate within the price bracket of ₹95 to ₹101, with applications starting from 1200 shares. The offering's structure reflects careful consideration of market appetite and valuation metrics.
The bidding process opens on Aug 25, 2026 and concludes on Aug 28, 2026. Allotment finalization is scheduled for Aug 31, 2026, leading to the stock's debut on the trading screens of NSE on Sep 02, 2026.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1994, Sumax Engineering Limited is engaged in providing engineering and infrastructure solutions, focusing on the execution of industrial and construction-related projects across sectors such as civil engineering, fabrication, and project management. The company specializes in turnkey project execution, offering end-to-end services from planning to completion, including structural works, mechanical services, and support for industrial development projects. In addition to its project business, the company is also involved in the manufacturing and trading of products for the Automotive OEM and Auto Refinish markets. 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 a range of car care products. On the trading side, it supplies tools (electrical and pneumatic), abrasive sheets, discs and rolls, body shop consumables, retail products, accessories, and aerosol products, catering to a wide range of automotive and industrial applications.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
💡 Read our detailed guide: What is IPO Grey Market Premium (GMP) & How It Works?
- Experienced Management Team: The company is supported by experienced promoters, management, and operating professionals with strong knowledge of the automotive OEM and auto refinish industries.
- Comprehensive Product Range: Sumax Engineering offers a diverse range of products across its manufacturing and trading businesses, catering to various requirements of automotive OEM and auto refinish customers.
- Strong Industry Relationships: The company has developed established relationships across the automotive industry, supporting customer engagement and business operations.
- Raw Material Cost & Supply Risk: Rising raw material prices, supply disruptions, or import restrictions could increase production costs and cause delays, adversely affecting profitability.
- Dependence on Leased Premises: The company's registered office and manufacturing facility operate from leased premises. Any issues with these properties could disrupt business operations.
- Manufacturing Facility Relocation Risk: Relocating the existing leased manufacturing facility and integrating it with the proposed Manufacturing Unit II may create operational challenges. Any disruption during the transition could affect production and business performance.
- Mr. Sudeep Mehta
- Mrs. Smriti Mehta
Sumax Engineering Limited
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