Sumax Engineering Limited
ListedSMEIndustrials · NSE
Incorporated in 1994, Sumax Engineering Limited is engaged in providing engineering and infrastructure solutions, focusing on the execution of industrial and construction-related projects across sectors such as civil engineering, fabrication, and project management. The company specializes in turnkey project execution, offering end-to-end services from planning to completion, including structural works, mechanical services, and support for industrial development projects. In addition to its project business, the company is also involved in the manufacturing and trading of products for the Automotive OEM and Auto Refinish markets. 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 a range of car care products. On the trading side, it supplies tools (electrical and pneumatic), abrasive sheets, discs and rolls, body shop consumables, retail products, accessories, and aerosol products, catering to a wide range of automotive and industrial applications.
Price Band
₹95 – ₹101
Issue Size
₹528.72 L Cr
Lot Size
1200 shares
GMP
₹18
+17.8%
Est. Listing
₹119
at current GMP
Subscribed
163.38x
overall
Open
25 Aug 2026
Close
28 Aug 2026
Allotment
31 Aug 2026
Refund
1 Sep 2026
Demat Credit
2 Sep 2026
Listing
2 Sep 2026
Last updated 26 days ago
Live Grey Market Premium
Sumax Engineering Limited GMP Today
Last updated: 2 Sept 2026
Current Premium
₹18+17.8%
Issue Price (Upper)
₹101
Band: ₹95 – ₹101
Estimated Listing Price
₹119
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,21,200
Estimated Profit / Lot
₹21,600
1200 × ₹18
Sumax Engineering Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹18
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹18 | 17.8% | ₹119 |
| 26 Sep 2026 | +₹18 | 17.8% | ₹119 |
| 25 Sep 2026 | +₹16 | 16.0% | ₹117 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Sumax Engineering Limited Public Issue & Market Profile
Sumax Engineering Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹52,87,200 Crores. The shares are offered at a price band of ₹95 to ₹101 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2026-08-28, the basis of allotment is scheduled to be finalized on 2026-08-31. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Sumax Engineering Limited IPO GMP today?
The latest grey market premium for Sumax Engineering Limited IPO is ₹18, which indicates an expected listing price of ₹119.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.