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Open
25 Aug 2026
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Close
28 Aug 2026
3
Allotment
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Listing
Wed, Sep 2, 2026
Price Band
₹95 to ₹101
Issue Size
52,87,200 shares (agg. up to ₹53 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Sep 2, 2026
Latest GMP
₹22
Est. Gain
21.78%
✦ AI Insight
GMP Trend
02-09-2026₹22Est. ₹123+21.78%
01-09-2026₹22Est. ₹123+21.78%
31-08-2026₹36Est. ₹137+35.64%
30-08-2026₹36Est. ₹137+35.64%
29-08-2026₹36Est. ₹137+35.64%
28-08-2026₹36Est. ₹137+35.64%
27-08-2026₹35Est. ₹136+34.65%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 121.28x |
| NII | 270.70x |
| Retail | 158.98x |
| Total | 116.36x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 84.81 | 66.14 | 54.00 |
| Total Income | 148.34 | 147.18 | 131.54 |
| Profit After Tax | 12.76 | 9.98 | 7.43 |
| EBITDA | 19.08 | 15.03 | 11.63 |
| NET Worth | 61.60 | 48.84 | 38.86 |
| Reserves and Surplus | 46.88 | 46.75 | 36.77 |
| Total Borrowing | 13.06 | 7.75 | 6.43 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| LAPL Automotive Ltd. | SME | ₹32.40 Cr | ₹94 | 9.91 | ₹128.29 | +36.48% | ₹123.00 |
| Poojaa Precision Engg.Ltd. | SME | ₹159.83 Cr | ₹301 | 14.25 | ₹493.50 | +63.95% | ₹706.95 |
| Happy Steels Ltd. | SME | ₹25.00 Cr | ₹66 | 9.76 | ₹68.50 | +3.79% | ₹88.95 |
| Autofurnish Ltd. | SME | ₹14.60 Cr | ₹41 | 11.64 | ₹45.15 | +10.12% | ₹82.95 |
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹161.00 |
| Dhoot Transmission Ltd. | Mainboard | ₹3,066.89 Cr | ₹871 | 41.36 | ₹1,187.05 | +36.29% | ₹1,728.70 |
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹2,906.20 |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹506.35 |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹418.65 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan | 4.89 |
| 2 | 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 | 16.62 |
| 3 | Funding working capital requirements of the company | 12.00 |
| 4 | General corporate purposes | 5.80 |
| 5 | Issue Expenses | 4.03 |
| Total | 43.34 |
About Sumax Engineering IPO
Updated on Sep 3, 2026
Contact Details
Sumax Engineering Ltd. AddressPlot No.45, Shanthinikethan Colony,Mahendra Hills,East Marredpally,Secunderabad, Telangana, 500026+91 78931 66698compliance@sumaxindia.comVisit Website