Sumax Engineering Limited IPO
25 Aug 2026 – 28 Aug 2026
Share Price
- Candle
- 6 Oct
- O
- ₹100.3
- H
- ₹101
- L
- ₹100
- C
- ₹100.5
23 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹95 – ₹101
- Lot Size
- 1200 shares
- Min Investment
- ₹2,42,400 (2 lots · 2,400 shares)
- Face Value
- ₹10
- Issue Size
- Initial public offer comprising Fresh offer up to 42,91,200 equity shares and Offer for sale up to 9,96,000 equity shares (Including Market Maker Reservation Portion of up to 2,66,400, reservation for employees of 1,92,000 equity shares and Anchor Allocation 14,35,200 Equity Shares)
- Registrar
- KFIN Technologies Limited ↗
Timetable
GMP History
Latest GMP ₹22 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 1 Sept | ₹36 | +35.6% | — | ₹137 | |
| 31 Aug | ₹36 | +35.6% | — | ₹137 | |
| 30 Aug | ₹36 | +35.6% | — | ₹137 | |
| 29 Aug | ₹36 | +35.6% | — | ₹137 | |
| 28 Aug | ₹36 | +35.6% | +₹1 | ₹137 | |
| 27 Aug | ₹35 | +34.7% | +₹10 | ₹136 | |
| 26 Aug | ₹25 | +24.8% | −₹10 | ₹126 | |
| 25 Aug | ₹35 | +34.7% | +₹3 | ₹136 | |
| 24 Aug | ₹32 | +31.7% | — | ₹133 | |
| 23 Aug | ₹32 | +31.7% | — | ₹133 | |
| 22 Aug | ₹32 | +31.7% | — | ₹133 |
Subscription
Financials
All values in ₹ crore
About Sumax Engineering
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. Product Portfolio: 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. 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
As published in the company's own offer documents.
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
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- GYR Capital Advisors Private Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 1,200 | ₹1,21,200 |
| S-HNI (min)first bid over ₹2L | 2 | 2,400 | ₹2,42,400 |
| S-HNI (max)most that stays under ₹10L | 8 | 9,600 | ₹9,69,600 |
| B-HNI (min)first bid over ₹10L | 9 | 10,800 | ₹10,90,800 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- 100 % Book Building
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH and EMP
- Tick Size
- Re.1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
- UPI Mandate Cut-off
- 28-Aug-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to p
- Sponsor Bank
- Axis Bank Limited
Registrar
- Name
- KFIN Technologies Limited
- Address
- KFin Technologies Limited 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai, Maharashtra, India, 400070
- Contact
- Mr. M. Murali Krishna, Tel: +91-40-67162222/18003094001; sumax.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Sumax Engineering Limited IPO today?
The latest grey market premium for Sumax Engineering Limited IPO is ₹22. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Sumax Engineering Limited IPO?
The price band is ₹95 – ₹101, with a lot size of 1200 shares. The minimum investment is ₹2,42,400.
When does Sumax Engineering Limited IPO open and close?
The issue opens on 25 Aug 2026 and closes on 28 Aug 2026. Listing is expected on 2 Sept 2026.
Who is the registrar for Sumax Engineering Limited IPO?
KFIN Technologies Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.