Sumax Engineering IPO
ListedSMEEngineering
151.28×
Subscribed
Price band
₹101 – ₹101
Lot size
1,200
1 lot = ₹1,21,200
Issue size
₹53.4 Cr
Open – close
25 Aug 2026
to 28 Aug 2026
Listing
02 Sept 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has not been analysed yet. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens25 Aug 2026
- Closes28 Aug 2026
- Allotment31 Aug 2026
- Listing02 Sept 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB121.28x
Non-institutionalNII / HNI198.32x
Retail individualRII157.98x
Chance of allotment
Retail157.98× subscribed
~1 in 158
Minimum 2 lots · 2,400 shares · ₹2,42,400 blocked
Retail is 157.98× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 158 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII198.32× subscribed
~1 in 198.3
Minimum 1 lot · 1,200 shares · ₹1,21,200 blocked
HNI is 198.32× subscribed. This category is allotted proportionately, so a bid receives roughly 1/198.3 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
The offering
Terms, structure and who is selling
Terms
Price band₹101 – ₹101
Face value₹10
Lot size1,200shares
Minimum application₹1,21,200at cut-off
Total issue size₹53.4 Cr
Listing atSME platform
Company & valuation
ISININE11Z001019
RegistrarKARVY
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+11.1%
Listed up
6 of 8
Best
+90.0%
Shanti Inorganics
Worst
-0.7%
Mopshop Distribution
Shanti Inorganicssame segment
131.8× sub+90.0%
Dhanwel Hybrid Seedssame segment
1.6× sub+0.0%
Mopshop Distributionsame segment
-0.7%
Anawil Wire and Engineeringsame segment
138.6× sub+22.1%
Fusion Klassroom Edutechsame segment
1.5× sub+6.9%
Dhaval Packagingsame segment
46.2× sub+13.4%
31.2× sub+15.6%
7.9× sub+8.9%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
About Sumax Engineering
Sumax Engineering Limited is engaged in the manufacturing and trading of products for the automotive original equipment manufacturer (OEM) and auto refinish markets. Its manufacturing portfolio includes adhesive tapes and die-cuts, pre-taped masking film, rubbing and polishing compounds, buffing and foam pads, reflective tapes, domes and graphics, and car care products. The company also manufactures and supplies paint protection film (PPF), a thermoplastic polyurethane film used on vehicle-painted surfaces. Its trading portfolio comprises electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, accessories and aerosol products. The company operates two manufacturing units, one at SIPCOT Industrial Park, Sriperumbudur, Tamil Nadu, and another at IMT Manesar, Haryana. Its registered office is located in Secunderabad, Telangana. The company’s manufacturing processes are certified under ISO 9001:2015 and IATF 16949:2016 standards.
Founded 1994MD Mr Sudeep MehtaSector Engineering
Offer documents
The primary sources everything above is drawn from
Common questions
How many times is the Sumax Engineering IPO subscribed?
Sumax Engineering is subscribed 151.28× overall (QIB 121.28×, NII 198.32×, retail 157.98×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, KARVY.
What is the minimum investment in the Sumax Engineering IPO?
One lot is 1,200 shares, so a retail application at the ₹101 cut-off price blocks ₹1,21,200. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
What are the chances of allotment in the Sumax Engineering IPO?
The retail portion is subscribed 157.98×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 158. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
When is the Sumax Engineering IPO allotment date?
Allotment is scheduled for 2026-08-31, with listing on 2026-09-02. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, KARVY.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.