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
Overall Subscription
163.38x
Total Demand
QIB Multiplier
121.28x
Institutions & Funds
NII / HNI
272.88x
High Net-Worth
Retail (RII)
158.98x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 974,400 | 118,178,400 | 121.28x |
| NIB | 727,200 | 198,441,600 | 272.88x |
| HNIs(10L +) | 484,800 | 155,158,800 | 320.05x |
| HNIs (2-10L) | 242,400 | 43,850,400 | 180.90x |
| RETAIL | 1,692,000 | 268,994,400 | 158.98x |
| EMPLOYEES | 192,000 | 202,800 | 1.06x |
| Total | 4,312,800 | 784,826,400 | 163.38x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 79 | 0.00x |
| NIB | — | 24,871 | 0.00x |
| RETAIL | 705 | 112,081 | 158.98x |
| EMPLOYEES | — | 59 | 0.00x |
| HNIs(10L +) | 135 | 13,829 | 102.44x |
| HNIs (2-10L) | 67 | 11,042 | 164.81x |
| Total Applications | 907 | 161,961 | 178.57x |
Day-Wise Subscription Progress
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 the issue size and price band for Sumax Engineering Limited IPO?
The Sumax Engineering Limited IPO aggregate issue size is ₹52,87,200 Crores with an equity price band set at ₹95 to ₹101 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,21,200.
How can I check Sumax Engineering Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Sumax Engineering Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-08-31.