Sumax Engineering Limited

Closed

Industrial Products · SME IPO · INE11Z001019

Price band

₹95 – ₹101

Lot size

1200 shares

Min. investment

₹2,42,400

Issue size

₹53 Cr

Face value

₹10

Registrar

Kfin Technologies Ltd.

Issue timeline

Bidding opens

25 Aug 2026

Bidding closes

28 Aug 2026

Allotment

31 Aug 2026

Listing

02 Sept 2026

Final subscription

Final subscription · NSE + BSEat close · 28-08-2026 17:45

151.69x

overall

1,37,015

applications

₹5,901 Cr

bid value

Category	Sub. (x)	Offered	Bid for	₹ Cr*
Qualified Institutional (QIB)	121.28x	9,74,400	11,81,78,400	1,194
Non-Institutional >₹10L (bNII)	204.03x	7,51,200	15,32,68,800	1,548
Non-Institutional ₹2–10L (sNII)	180.8x	2,42,400	4,38,25,200	443
Retail (RII)	158.88x	16,92,000	26,88,28,800	2,715
Employees	1.06x	1,92,000	2,02,800	2
Total	151.69x	38,52,000	58,43,04,000	5,901

Combined NSE + BSE subscription, sourced from the exchanges and updated periodically. * bid value approx (shares bid × cut-off price). Final subscription confirmed after the issue closes.

About the company

Sumax Engineering Ltd. is engaged in the manufacturing and trading of products for the Automotive OEM and Auto Refinish markets.

Issue details

Issue size

₹53 Cr

Fresh issue

₹43 Cr

Offer for sale

₹10 Cr

Industry

Industrial Products

Promoter holding (pre)

96.74%

Promoter holding (post)

71.25%

Financials (₹ Cr)

Metric	FY 2024	FY 2025	FY 2026
Total income	131.54	147.18	148.34 Cr
EBITDA	11.63	15.03	19.08
Profit after tax	7.43	9.98	12.76 Cr
Net worth	38.86	48.84	61.6 Cr
Total assets	54.00	66.14	84.81
Total borrowing	6.43	7.75	13.06

EPS 8.66P/E 11.66RoE 23.10%RoCE 23.86%%

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
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
Funding working capital requirements of the company
General corporate purposes

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

Risks

Dependence on the automotive industry
Competition from established players
Fluctuations in raw material prices
Regulatory changes affecting operations
Economic downturns impacting demand

Documents

Red Herring Prospectus (RHP)Draft Red Herring Prospectus (DRHP)

Calculate your bid

At cut-off price ₹101

Lots

Shares: 2,400
Amount: ₹2,42,400

Above ₹2,00,000 — this falls under the HNI / NII category, not Retail.

UPI mandate — funds are blocked, not debited.

SEBI-registered broker — NSE member 90113
Funds stay blocked in your own bank — debited only on allotment
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