SE
Sumax Engineering Limited IPO
Automotive OEM & Refinish Solutions · Adhesive Tapes & Die-Cuts · Abrasives & Tools
📋 NSE SME IPO
Fresh + OFS
NSE SME
₹101
Upper Price
₹53.40 Cr
Issue Size
Sep 2, 2026
Listing Date
₹148.79 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative🟢
IPO Opens
Tuesday, 25 August 2026
Bidding starts — apply before close
🔒
IPO Closes
Friday, 28 August 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Monday, 31 August 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Tuesday, 1 September 2026
Unallotted funds returned; shares credited to demat
🏷️
Wednesday, 2 September 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date25 August 2026 (Tue)
IPO Close Date28 August 2026 (Fri)
Listing Date2 September 2026 (Wed)
Face Value₹10 per share
Price Band₹95 to ₹101
Issue Price (Upper Band)₹101 per share
Issue TypeBook Build — Fresh + OFS
Lot Size1,200 shares (Min Application: 2 Lots / 2,400 Shares)
Total Issue Size52,87,200 shares (₹53.40 Cr)
Fresh Issue42,91,200 shares (₹43.34 Cr)
Offer for Sale (OFS)9,96,000 shares (₹10.06 Cr)
Market Maker Portion2,66,400 shares (₹2.69 Cr)
Pre-Issue Shares1,47,31,500
Post-Issue Shares1,90,22,700
Promoter Holding (Pre)96.74%
Listing ExchangeNSE SME
Lead ManagerGYR Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹101| Investor Type | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Retail) — Min | 2 | 2,400 | ₹2,42,400 |
| Individual (Retail) — Max | 2 | 2,400 | ₹2,42,400 |
| S-HNI (sNII) — Min | 3 | 3,600 | ₹3,63,600 |
| S-HNI (sNII) — Max | 8 | 9,600 | ₹9,69,600 |
| B-HNI (bNII) — Min | 9 | 10,800 | ₹10,90,800 |
⚠️ Note: Investors can bid for a minimum of 2,400 shares (2 lots) and in multiples of 1,200 shares thereafter. Market Maker reservation comprises 2,66,400 shares. Bidding at cut-off price is not permitted.
👥 Investor Reservation
Allocated portion of Net Offer49.90% (24.10 L Sh)
QIB Portion
35.04% (16.92 L Sh)
Retail Portion
15.06% (7.27 L Sh)
NII Portion
📊 Subscription Status
158.00x (Final Day)
| Category | Offered | Bid For | Subscribed |
|---|---|---|---|
| QIB (Ex Anchor) | 9,74,400 | 11,03,91,600 | 113.29x |
| NII / HNI | 7,27,200 | 19,79,83,200 | 272.25x |
| Individual (Retail) | 16,92,000 | 25,79,66,400 | 152.46x |
| Total Public Issue | 35,85,600 | 56,65,41,600 | 158.00x |
📈 Company Financials
Restated Standalone · ₹ Crore| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 84.81 | 66.14 | 54.00 |
| Total Income | 148.34 | 147.18 | 131.54 |
| PAT | 12.76 | 9.98 | 7.43 |
| EBITDA | 19.08 | 15.03 | 11.63 |
| Net Worth | 61.60 | 48.84 | 38.86 |
| Reserves & Surplus | 46.88 | 46.75 | 36.77 |
| Total Borrowing | 13.06 | 7.75 | 6.43 |
Income Growth
FY 2023–24₹131.54 Cr
FY 2024–25₹147.18 Cr
FY 2025–26₹148.34 Cr
🎯 Key Performance Indicators
23.10%
ROE
FY 2025–26
0.21
Debt/Equity
FY 2025–26
23.86%
ROCE
FY 2025–26
8.64%
PAT Margin
FY 2025–26
12.86%
EBITDA Margin
FY 2025–26
20.71%
RoNW
FY 2025–26
2.41x
Price/Book
FY 2025–26
41.83
NAV
FY 2025–26
⚖️ Valuation & EPS
Pre-IPO EPS
₹8.66
FY26 earnings + pre-issue shares
P/E: 11.66xPost-IPO EPS
₹6.71
FY26 earnings + post-issue shares
P/E: 15.05xPrice to Book Value
2.41x
At upper price band ₹101
Market Cap (Pre-IPO)
₹148.79 Cr
At issue price ₹101
ℹ️
Pre-IPO EPS (₹8.66) based on pre-issue shares (1,47,31,500) and FY26 earnings. Post-IPO EPS (₹6.71) accounts for the dilution resulting from the issuance of 42,91,200 fresh equity shares extending the total post-issue equity to 1,90,22,700 shares. Post-IPO Market Cap expands to ₹192.13 Cr at the issue price of ₹101.
🎯 Objects of the Issue
Net proceeds utilisation1
Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli, Rajasthan
₹4.89 Cr
2
Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Model Economic Township, Badli, Jhajjar, Haryana
₹16.62 Cr
3
Funding working capital requirements of the company
₹12.00 Cr
4
General Corporate Purposes
Balance
Total Fresh Issue Goal
₹43.34 Cr
🏢 About Sumax Engineering Ltd.
Est. 1994 · Secunderabad, Telangana · Auto OEM & RefinishSumax Engineering Limited, incorporated in 1994, is a seasoned manufacturer and trader providing specialized products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets in India and globally. The company operates through two strategic segments: Manufacturing and Trading.
The manufacturing division develops adhesive tapes, precision die-cuts, pre-taped masking films, rubbing and polishing compounds, buffing and foam pads, reflective tapes, domes, graphics, and car care formulations. Its trading business distributes pneumatic tools, abrasive sheets, discs, rolls, body shop consumables, and aerosol products. Operating two production hubs in Sriperumbudur (Tamil Nadu) and IMT Manesar (Haryana), Sumax maintains an active footprint across 26 Indian states/UTs and exports to 9 international destinations including Thailand, South Korea, Russia, Turkey, China, Vietnam, USA, Saudi Arabia, and Taiwan supported by 121 employees.
Brand Ecosystem
🚗
OEM & Refinish Manufacturing
Adhesive tapes, die-cuts, pre-taped masking films, polishing compounds, and car care products
🔧
Trading & Bodyshop Tools
Electrical and pneumatic tools, abrasive sheets, discs, rolls, accessories, and aerosol products
🏭
Dual Manufacturing Units
Operating specialized facilities in Sriperumbudur (Tamil Nadu) and IMT Manesar (Haryana)
🌍
Global Export Footprint
Domestic network across 26 states/UTs with active exports across 9 countries including USA and Taiwan
Competitive Strengths
🏆Over three decades of specialized domain expertise across Automotive OEM and Refinish markets
⚙️Advanced in-house processing capabilities supporting tailored product designs and tight cost controls
🤝Comprehensive product portfolio backed by enduring OEM partnerships and multi-state distribution
📈Consistent financial profile delivering 23.10% ROE and 28% PAT growth with low leverage (0.21 D/E)
Company Promoters
SM
Sudeep Mehta & Smriti Mehta
Promoters, Sumax Engineering Ltd.
📅 Key Dates
IPO Opens25 Aug 2026
IPO Closes28 Aug 2026
Allotment31 Aug 2026
Refund & Share Credit01 Sep 2026
Listing Day02 Sep 2026
💡 Quick Summary
Price Band₹95 – ₹101
Issue Price₹101 / share
Lot Size1,200 shares
Min. Investment (Retail)₹2,42,400 (2 Lots)
Issue Size₹53.40 Cr
ListingNSE SME
🏦 Registrar & Lead Manager
Lead Manager
GYR Capital Advisors Pvt.Ltd.
📍 Registered Address
Sumax Engineering Ltd.
Plot No.45, Shanthinikethan Colony,
Mahendra Hills, East Marredpally,
Secunderabad, Telangana — 500026
📞 +91 78931 66698
[email protected]
Plot No.45, Shanthinikethan Colony,
Mahendra Hills, East Marredpally,
Secunderabad, Telangana — 500026
📞 +91 78931 66698
[email protected]
🛡️ Regulatory Note: SME IPO investments are subject to SEBI regulations and higher lot size restrictions. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
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Disclaimer: This page presents publicly available information from the Sumax Engineering IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
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