GMP IPO Watch
Sumax Engineering IPO
Sumax Engineering IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Sumax Engineering IPO Details
Key facts at a glance| IPO Open Date | 24 August 2026 | IPO Close Date | 27 August 2026 |
|---|---|---|---|
| Basis of Allotment | 30 August 2026 | Listing Date | 1 September 2026 |
| Price Band | ₹95 - ₹101 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,42,400 |
| Total Issue Size | ₹101 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE SME | Issue Category | SME Issue |
| Registrar | TBA | ||
Sumax Engineering IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 24 August 2026 | Confirmed |
| IPO Close Date | 27 August 2026 | Confirmed |
| Basis of Allotment | 30 August 2026 | Tentative |
| Initiation of Refunds | 1 September 2026 | Tentative |
| Credit of Shares to Demat | 1 September 2026 | Tentative |
| IPO Listing Date | 1 September 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 28 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Sumax Engineering IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,42,400 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,42,400 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹3,63,600 |
| S-HNI (Max) | 8 Lots | 9,600 Shares | ₹9,69,600 |
| B-HNI (Min) | 9 Lots | 10,800 Shares | ₹10,90,800 |
Sumax Engineering IPO Live GMP & Movement History
Daily unofficial grey market trends₹22 +21.8%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Sept 2026 | ₹22 | ₹123.00 | +21.78% |
| 1 Sept 2026 | ₹36 | ₹137.00 | +35.64% |
| 31 Aug 2026 | ₹35 | ₹136.00 | +34.65% |
| 28 Aug 2026 | ₹25 | ₹126.00 | +24.75% |
| 27 Aug 2026 | ₹25 | ₹126.00 | +24.75% |
| 26 Aug 2026 | ₹35 | ₹136.00 | +34.65% |
| 25 Aug 2026 | ₹32 | ₹133.00 | +31.68% |
| 24 Aug 2026 | ₹32 | ₹133.00 | +31.68% |
| 21 Aug 2026 | ₹32 | ₹133.00 | +31.68% |
| 19 Aug 2026 | ₹20 | ₹121.00 | +19.80% |
Sumax Engineering IPO Subscription Status
Demand breakdown by investor categoryAbout Sumax Engineering
Sumax Engineering is engaged in the manufacturing and trading of a diverse range of products for the Automotive Original Equipment Manufacturer (OEM) and Auto Refinish markets. The company’s manufacturing division produces adhesive tapes, die-cuts, rubbing and polishing compounds, buffing pads, reflective tapes, printing solutions, domes, graphics, and a range of car care products. Its trading segment supplies essential items such as electrical and pneumatic tools, abrasive materials, body shop consumables, and aerosol products. The company adheres to ISO 9001:2015 and IATF 16949:2016 certifications, ensuring its products meet both national and international quality standards. By utilizing premium-grade raw materials and maintaining rigorous quality control, Sumax Engineering aims to deliver reliable and high-performance solutions tailored to the evolving demands of the automotive industry.
Sumax Engineering IPO Market Lot
Sumax Engineering IPO Review & Key Points
Sumax Engineering operates in the automotive OEM and auto-refinish markets with a diversified portfolio covering adhesive tapes, die-cuts, polishing compounds, buffing pads, car-care products, abrasives, tools and other automotive consumables.
- Established Business: The company has been operating since 1994 and has built experience in automotive-related manufacturing and trading.
- Diversified Product Portfolio: Its products cater to automotive OEMs as well as the auto-refinish aftermarket.
- Expansion Plans: IPO proceeds are proposed to support new manufacturing facilities and working capital requirements.
- Industry Dependency: Business performance is linked to demand and activity levels in the automotive sector.
- Customer Concentration Risk: A significant portion of revenue is derived from major customers, creating concentration risk.
- SME IPO Risk: Investors should consider liquidity, price volatility and the comparatively higher application amount associated with SME IPOs.
The Sumax Engineering IPO minimum market lot is 2,400 shares. At the upper IPO price of ₹101 per share, the minimum Retail application amount is ₹2,42,400.
| Employee (Minimum) | 2 | 2,400 | ₹2,42,400 |
| Employee (Maximum) | 4 | 4,800 | ₹4,84,800 |
Sumax Engineering IPO Reservation & Share Quotas
The Sumax Engineering IPO reservation is divided among Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors and other applicable categories.
Anchor Investors are allocated 14,35,200 shares, representing approximately 27.14% of the issue. Qualified Institutional Buyers excluding the anchor portion are offered 9,74,400 shares, or approximately 18.43%.
The NII category is allocated 7,27,200 shares, representing around 13.75%, while Retail Individual Investors are offered 16,92,000 shares, accounting for approximately 32.00% of the issue.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 14,35,200 Shares | 27.14% |
| QIB (Ex. Anchor) | 9,74,400 Shares | 18.43% |
| NII Shares Offered | 7,27,200 Shares | 13.75% |
| Retail Shares Offered | 16,92,000 Shares | 32.00% |
Sumax Engineering IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 25 Aug 2026 |
| IPO Close Date | 28 Aug 2026 |
| Basis of Allotment | 31 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 02 Sept 2026 |
Note: The timeline for ਸੁਮੈਕਸ ਇੰਜੀਨੀਅਰਿੰਗ IPO is tentative and subject to change.
Sumax Engineering IPO Important Dates
The Sumax Engineering IPO will open for subscription on August 25, 2026 and close on August 28, 2026. Investors can submit their IPO applications during this subscription period.
The Sumax Engineering IPO allotment is expected to be finalized on August 31, 2026. Refunds for unsuccessful applicants and the credit of shares to successful investors' demat accounts are scheduled for September 1, 2026. The shares are scheduled to list on the NSE SME platform on September 2, 2026.
| IPO Event | Date |
|---|---|
| IPO Open Date | August 25, 2026 |
| IPO Close Date | August 28, 2026 |
| Basis of Allotment | August 31, 2026 |
| Refunds | September 1, 2026 |
| Credit to Demat Account | September 1, 2026 |
| IPO Listing Date | September 2, 2026 |
Sumax Engineering Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Sumax Engineering Objects of the Issue & Utilisation of Proceeds
Sumax Engineering proposes to utilise the proceeds from the fresh issue primarily towards expanding its manufacturing infrastructure and meeting the company's working capital requirements. A portion of the net proceeds will also be available for general corporate purposes.
The company plans to utilise approximately ₹4.89 crores towards construction of its proposed Manufacturing Unit I in Rajasthan and approximately ₹16.62 crores towards construction of the proposed Manufacturing Unit II in Haryana. Another ₹12.00 crores is proposed to be used for working capital requirements.
| Purpose | Amount |
|---|---|
| Funding of Capital Expenditure towards construction of proposed Manufacturing Unit I at Plot No. E-185, RIICO Industrial Area, Karoli, Tehsil Tapukara, Rajasthan | ₹4.89 Cr. |
| 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, Haryana | ₹16.62 Cr. |
| Funding working capital requirements of the Company | ₹12.00 Cr. |
| General Corporate Purposes | ₹- |
Sumax Engineering Company Financial Report
To Be Updated Soon
Sumax Engineering Company Valuation & Key Performance Indicators
To Be Updated Soon
Sumax Engineering Peer Group Comparison
To Be Updated Soon
Sumax Engineering Peer Group Comparison
- There are no listed companies in India.
Sumax Engineering Lead Managers & Merchant Bankers
- GYR Capital Advisors Pvt. Ltd.
Sumax Engineering IPO FAQs
Sumax Engineering IPO opens for subscription on 24 August 2026 and closes on 27 August 2026.
The price band for Sumax Engineering IPO is set at ₹95.00 to ₹101.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,42,400).
The latest Grey Market Premium (GMP) for Sumax Engineering IPO is ₹22. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Sumax Engineering IPO is tentatively scheduled for 30 August 2026, and shares are expected to list on the stock exchanges on 1 September 2026.
The registrar details will be confirmed in the official prospectus.