Sumax Engineering IPO
Sumax Engineering, founded in 1994, is one of the leading manufacturers and traders of products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets. The firm operates its business via 2 segments: manufacturing and trading. Its product 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.
IPO GMP
+₹22
+22% expected gain
Price Band
₹95 - ₹101
Lot Size
2400 shares
Min Investment
₹2,42,400
Listing Date
September 2, 2026
About Sumax Engineering
Company overview, business, and key facts.
Sumax Engineering, founded in 1994, is one of the leading manufacturers and traders of products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets. The firm operates its business via 2 segments: manufacturing and trading. Its product 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.
Its 2 manufacturing facilities are situated in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana. Via its trading business, the firm also supplies electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, accessories, and aerosol products. Its products are sold across 26 states and Union Territories in India and exported to international countries including Thailand, South Korea, Russia, Turkey, China, Vietnam, the United States, Saudi Arabia, and Taiwan.
Founded
1994
Headquarters
Secunderabad, Telangana
Promoters
Sudeep Mehta, Smriti Mehta
Website
https://sumaxindia.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review: Neutral
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Sumax Engineering IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹192.1 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
15.1x
Price to sales
1.29x
Revenue growth, 2026
+0.8%
6.2% a year over the period
Profit growth, 2026
+27.9%
31% a year over the period
Profit margin (PAT)
8.6%
EBITDA margin 12.86%
ROE / ROCE
20.71% / 23.86%
As published in the offer document
Debt to equity
0.21
Promoter holding
96.73% → 71.25%
Before → after the IPO
Issue mix
81.2% fresh / 18.8% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹52,800
2400 shares on ₹2,42,400. GMP is unofficial.
What stands out
- Profit grew 27.9% in 2026.
Watch-outs
- 1 use-of-proceeds item(s) have no disclosed amount.
- GMP has fallen 37.1% from its peak of ₹35 to ₹22.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: listed peer comparison, published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Sumax Engineering's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Sumax Engineering IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Sumax Engineering IPO is trading at a grey market premium (GMP) of +₹22 (+22% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 162.94x overall — QIB: 121.28x, NII: 270.7x, Retail: 158.98x.
Sumax Engineering IPO subscription has closed. The shares are expected to list on September 2, 2026.
The minimum investment required is ₹2,42,400 for 2400 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review: Neutral.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Sumax Engineering IPO — Frequently Asked Questions
What is Sumax Engineering IPO GMP today?
Sumax Engineering IPO GMP (grey market premium) today is +₹22, suggesting an estimated listing gain of +22%. GMP is indicative and subject to change.
What is the price band of Sumax Engineering IPO?
The price band for Sumax Engineering IPO is ₹95 - ₹101 with a lot size of 2400 shares. The minimum investment required is ₹2,42,400.
When is Sumax Engineering IPO allotment date?
Sumax Engineering IPO allotment is expected to be finalised on August 31, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.
When will Sumax Engineering IPO list on NSE/BSE?
Sumax Engineering IPO is expected to list on NSE SME on September 2, 2026.
How to check Sumax Engineering IPO allotment status?
To check Sumax Engineering IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Sumax Engineering IPO?
Sumax Engineering IPO has a GMP of +₹22. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Sumax Engineering IPO?
The lot size for Sumax Engineering IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,42,400. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.