Sumax Engineering Limited
Open now25–28 Aug 2026
Updated 2026-08-27 (IST)
What Sumax Engineering Limited does
The Company is engaged in both the manufacturing and trading of a diverse range of products tailored for the Automotive OEM (Original Equipment Manufacturer) Market and Auto Refinish Market. Its manufacturing division specializes in producing high-quality adhesive tapes and die-cuts, rubbing and polishing compounds, buffing pads, reflective tapes and printing solutions, domes and graphics, as well as an extensive range of car care products.
Sumax Engineering Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| FY 2023-24 | FY 2024-25 | FY 2025-26 | ||
|---|---|---|---|---|
| Sales | 131 | 146 | 148 | |
| Operating Profit | — | — | — | |
| OPM % | — | — | — | |
| Net Profit | — | — | — | |
| Total Debt | 6 | 8 | 13 |
Sumax Engineering Limited IPO offer structure
Total: ₹53 cr. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan: ₹5 cr
- Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sector 11, Model Economic Township, Village - Nimana, Tehsil Badli, District - Jhajjar, State Haryana: ₹17 cr
- Funding working capital requirements of our company: ₹12 cr
- General corporate purposes
Sumax Engineering Limited promoters and holding
- Mr. Sudeep Mehta: Promoter, Chairman and Managing Director
- Mrs. Smriti Mehta: Promoter and Whole Time Director
Sumax Engineering Limited strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Experienced Promoters, management and operating team (p.125)
- Comprehensive Product Range (p.125)
- Strong Industry Relationships (p.125)
- Advanced In-House Processing Facilities Focused on Cost Competitiveness (p.126)
- Tailored Product Design (p.126)
- Rising costs, supply disruptions, and import restrictions on essential raw materials may impact our expenses, timelines, and overall financial performance. (p.22)
- Our Registered Office and Manufacturing unit from where we operate is not owned by us. (p.22)
- Shifting of leased manufacturing facility and integration with proposed Manufacturing Unit II. (p.22)
- We are significantly dependent on imports for our raw material procurement, which exposes us to risks arising from geopolitical developments, trade sanctions, international trade tensions, and foreign exchange fluctuations. (p.23)
- We are subject to strict quality requirements and any failure by us or our suppliers to comply with quality standards may lead to cancellation of existing and future orders, product recalls, product liability, warranty claims and other disputes and claims. (p.24)
Sumax Engineering Limited market and competition
The Company is engaged in both the manufacturing and trading of a diverse range of products tailored for the Automotive OEM Market and Auto Refinish Market, and is among the few with in-line doming application units.
Sumax Engineering Limited outlook, as the document states it
The Company plans to set up new manufacturing plants/units to enhance production capabilities, improve delivery times, and scale operations. It also intends to pursue a Dual-Segment Marketing Approach focusing on B2B for OEMs and B2C/B2B for the Refinish Market.
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Sumax Engineering Limited IPO: common questions
When does the Sumax Engineering Limited IPO open and close?
The Sumax Engineering Limited IPO is open from 25 Aug 2026 to 28 Aug 2026.
What is the lot size and minimum investment for the Sumax Engineering Limited IPO?
One lot is 1200 shares, and a retail application must be at least one lot. That is about ₹2,42,400 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
What is the grey-market premium (GMP) for the Sumax Engineering Limited IPO?
As of 27 Aug 2026 the indicative GMP is ₹18. GMP is unregulated and self-reported. Never decide on it alone.
How much is the Sumax Engineering Limited IPO subscribed?
As of 27 Aug 2026 the total subscription is 9.67×.
When are the Sumax Engineering Limited IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 31 Aug 2026, refund/unblock around 1 Sep 2026 and listing around 2 Sep 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the Sumax Engineering Limited IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → All live GMP, and its record →
How often do these actually open above the issue price?
Of the 563 SME IPOs that have listed on the NSE since 2021, 440 (78%) opened above their issue price, at a median of +14%. That is the segment's own record, not a forecast for this issue.