· SME · NSE
Price Band
₹95–101
Lot Size
1200 shares
Issue Size
₹53 Cr
Min. Investment
₹1,21,200
Indicative, updates through the day
Cap price plus current GMP: ₹123 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Sumax Engineering IPO is an SME issue that listed on NSE on 2 September 2026. The issue price band is fixed at ₹95–₹101 per equity share with a minimum market lot size of 1200 shares, bringing the total issue size to ₹53 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,21,200.
The latest unlisted Grey Market Premium (GMP) for Sumax Engineering IPO is quoted at ₹22, representing a premium of approximately 21.78% over the upper price band of ₹101. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹123, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
The minimum investment for retail investors is one lot of 1200 shares (approx. ₹1,21,200 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 31 August 2026 and listing completed on 2 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹101
Listed At
₹111
Current Price
₹110.45
Incorporated in 1994, Sumax Engineering Limited is engaged in providing engineering and infrastructure solutions, with a focus on execution of industrial and construction-related projects. It offers services across various sectors including civil engineering, fabrication, and project management. The company specialises in delivering turnkey projects, ensuring end-to-end execution from planning to completion. Its capabilities include structural work, mechanical services, and support for industrial development projects. The company is engaged in both the manufacturing and trading of a diverse range of products tailored for the Automotive OEM (Original Equipment Manufacturer) Market and Auto Refinish Market. The manufacturing division specializes in producing high-quality adhesive tapes and die-cuts, rubbing and polishing compounds, buffing pads, reflective tapes and printing solutions, domes and graphics, as well as an extensive range of car care products. Manufacturing: Adhesive Tapes and Die-cuts, Pre-Taped Masking Film, Rubbing, Polishing Compounds, Buffing Pads and Foam Pads, Reflective Tapes, Domes and Graphics, Car Care Products. Trading: Tools (Electrical and Pneumatic), Abrasive Sheets, Discs & Rolls, Body Shop Consumables, Retail Products, Accessories, Aerosol Product.
Sumax Engineering IPO raises ₹14.50 crore from anchor investors. Sumax Engineering IPO Anchor bid date is August 24, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 24,09,600 | 49.9% |
| − Anchor Investor | 14,35,200 | 0% |
| − QIB (Ex. Anchor) | 9,74,400 | 0% |
| NII (HNI) | 7,27,200 | 15.06% |
| − bNII > ₹10L | 4,84,800 | 0% |
| − sNII < ₹10L | 2,42,400 | 0% |
| Retail | 16,92,000 | 35.04% |
| Employee | 1,92,000 | 0% |
| Market Maker | 2,66,400 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,42,400 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,42,400 |
| S-HNI (Min) | 3 | 3600 | ₹3,63,600 |
| S-HNI (Max) | 8 | 9600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10800 | ₹10,90,800 |
| Employee (Min) | 2 | 2400 | ₹2,42,400 |
| Employee (Max) | 4 | 4800 | ₹4,84,800 |
EPS (Pre IPO)
8.66
EPS (Post IPO)
6.71
ROE
20.71%
P/E (Pre IPO)
11.66
P/E (Post IPO)
15.05
Price / Book
2.41
Market Cap
₹149Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Technocrats Plasma Systems Ltd. | 11.38 | ₹60.98 Cr | |
| Liotech Industries Ltd. | 23.13 | ₹36.03 Cr | |
| Narmadesh Brass Industries Ltd. | 19.63 | ₹44.87 Cr | |
| Abril Paper Tech Ltd. | 24.96 | ₹13.42 Cr | |
| Hy-Tech Engineers Ltd. | 19.63 | ₹135.73 Cr |
Sumax Engineering Ltd. Address
KFin Technologies Ltd.