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Sumax Engineering IPOLISTED

NSESMEBook Built Issue

Sumax Engineering Ltd. is engaged in manufacturing and trading automotive OEM and auto refinish products, including adhesive tapes, polishing compounds, tools and consumables.

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Listing price

₹111

Listing gain

+9.90%

Current

₹111

Listed

02 Sept 26

Opens

25 Aug 26

Closes

28 Aug 26

Allotment

31 Aug 26

Refund

01 Sept 26

Demat

01 Sept 26

Listing

02 Sept 26

Listed at

₹111

+9.90% on 02 Sept 26

Min. investment₹2,42,400

GMP₹36 · +35.6%

Subscribed163.01x

Track in the app

Overview

Price band

₹95-101

Lot size

1200 shares

Min. investment

₹2,42,400

Issue size

₹53.40 Cr

52.87 L shares

Fresh issue

₹43.34 Cr

42.91 L shares

Offer for sale

₹10.06 Cr

9.96 L shares

Face value

₹10 / share

Issue type

Book Built Issue

Listing at

NSE

Reservation

Market Maker 5.04%Anchor Investor 27.14%QIB 18.43%B-HNI 9.17%S-HNI 4.58%Individual 32%Employee 3.63%

Category	Shares offered	% of issue
Market Maker	2,66,400	5.04%
Anchor Investor	14,35,200	27.14%
QIB	9,74,400	18.43%
NII (HNI)	7,27,200	13.75%
B-HNI	4,84,800	9.17%
S-HNI	2,42,400	4.58%
Individual	16,92,000	32%
Employee	1,92,000	3.63%
Total	52,87,200	99.99%

Lot size & investment

Application	Lots	Shares	Amount
Retail (Min)	2	2,400	₹2,42,400
Retail (Max)	2	2,400	₹2,42,400
S-HNI (Min)	3	3,600	₹3,63,600
S-HNI (Max)	8	9,600	₹9,69,600
B-HNI (Min)	9	10,800	₹10,90,800

Listing performance

NSE/BSE: SUMAX

Listing gain

+9.90%

Gain per retail lot

₹24,000

Latest vs issue

—

GMP was

₹36 (+35.64%)

₹101

₹137+35.64%

₹111+9.90%

Issue price

GMP estimate

Listing price

Latest price appears here during market hours.

Sumax Engineering Live GMP

GMP₹36

Est. Price₹137

Est. Gain35.64%

Latest GMP

₹36

All-time high

₹36

All-time low

₹32

GMP × retail lot ₹86,400GMP × S-HNI min ₹1,29,600Expected listing ~ ₹137GMP is unofficial and changes often. Data as of 29 Aug, 12:00 am.

Subscription

29 Aug, 12:00 am

Oversubscribed 163.01 times · 1,37,090 applications

QIB

121.28x

NII (HNI)

271.07x

S-HNI

180.90x

B-HNI

316.15x

Employee

1.06x

Retail

158.98x

Total

163.01x

Total applications

1,37,090

Total bid amount

₹5,903 Cr

Category breakdown

Category	Shares offered	Shares bid	Times	Bid amount
QIB	9,74,400	11,81,78,400	121.28x	₹1,194 Cr
NII (HNI)	7,27,200	19,71,19,200	271.07x	₹1,991 Cr
B-HNI	4,84,800	15,32,68,800	316.15x	₹1,548 Cr
S-HNI	2,42,400	4,38,50,400	180.90x	₹443 Cr
Retail	16,92,000	26,89,94,400	158.98x	₹2,717 Cr
Employee	1,92,000	2,02,800	1.06x	₹2.05 Cr
Total	35,85,600	58,44,94,800	163.01x	₹5,903 Cr

Application-wise breakup

Category	Applications reserved	Applied	Times
B-HNI	135	13,829	102.44x
S-HNI	67	11,042	164.81x
Retail	705	1,12,081	158.98x
Employee	0	59	—

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

Key performance indicators

As of 31 Mar 2026

ROE

23.1%

PAT Margin

8.64%

ROCE

23.86%

EBITDA Margin

12.86%

Debt to Equity Ratio

0.21

Price to Book Value

2.41

RoNW

20.71%

Valuation vs listed peers

EPS Pre IPO

₹8.66

EPS Post IPO

₹6.71

P/E Pre IPO

11.66

P/E Post IPO

15.05

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY26

+12.8%

Profit growth FY24 → FY26

+71.7%

ROCE

23.86%

PAT margin 8.6% and ROCE 23.9%.

Strengths & risks

Experienced management with 30+ years of automotive OEM experience.
Diversified product portfolio serving OEM and auto-refinish markets.
Strong OEM relationships and customised product solutions.
ISO 9001 & IATF 16949 certified manufacturing processes.

6.6/10

Buzz score · Neutral

From GMP, subscription and issue size

Financials6.3

Growth7.0

Business6.4

Demand8.7

Risk7.2

Objects of the issue

Purpose	Amount (₹ Cr)
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
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
Funding working capital requirements of the company.	12
General corporate purposes.	-

Company & documents

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. The Company has also ventured into Paint Protection Film (PPF) for protecting vehicle paint from scratches, stone chips, and environmental elements.

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 manufacturing units in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana.

Its products cater primarily to the automotive industry and commercial applications, with the Company offering customised solutions based on customer requirements. Its manufacturing processes are certified under ISO 9001:2015 and IATF 16949:2016.

As of March 31, 2026, the Company reported 121 employees.

Registrar

Kfin Technologies Ltd.

Phone: 040-79615565

Email: sumax.ipo@kfintech.com

Web: https://ipostatus.kfintech.com/

Company contact

Sumax Engineering Ltd.

Plot No.45, Shanthinikethan Colony, Mahendra Hills, East Marredpally, Secunderabad, Telangana, 500026

Phone: +91 78931 66698

Email: compliance@sumaxindia.com

Web: https://sumaxindia.com/