IPO - Initial Public Offerings

 SUMAX

  

SUMAX ENGINEERING LTD. IPO

25 Aug, 10:00 AM

Issue Open

28 Aug, 05:00 PM

Issue Close

1200

Lot Size

₹ 95.00 – ₹ 101.00

Price Range

IPO Issue Details

Issue size 53.00 Cr
Market Price 101.00
Registrar Kfin Technologies Ltd.
Face Value RS.10 /- Per share
Listing at NSE

About

SUMAX ENGINEERING LTD. IPO
Incorporated in 1994, Sumax Engineering Ltd. is engaged in the manufacturing and trading of products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets. The company operates through two segments: manufacturing and trading. 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 car care products. Through its trading business, the company supplies electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, accessories, and aerosol products. The company operates two manufacturing units, located in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana. It has a market presence across 26 states and Union Territories in India and exports its products to markets including Thailand, South Korea, Russia, Turkey, China, Vietnam, the United States, Saudi Arabia, and Taiwan. As of March 31, 2026, the company had 121 employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 2400 ₹ 2,42,400.00
Retail (Max) 2 2400 ₹ 2,42,400.00
S-HNI (Min) 3 3600 ₹ 3,63,600.00
S-HNI (Max) 8 9600 ₹ 9,69,600.00
B-HNI (Min) 9 10800 ₹ 10,90,800.00

IPO TimeLine

Open Date 25-Aug-2026
Close Date 28-Aug-2026
Basis of Allotment Date 31-Aug-2026
Initiation of Refunds 01-Sep-2026
Credit Shares to Demat A/c 01-Sep-2026
IPO Listing Date 02-Sep-2026