Open a Free Demat Account !
₹0 AMC & Account Opening Fee
Open a Free Demat Account !
₹0 AMC & Account Opening Fee
Sumax Engineering Limited
Minimum investment
Bidding date
25 Aug - 28 Aug 2026
Price range
₹95 - ₹101
Minimum quantity
2,400
Minimum investment
₹1,14,000
Issue size
₹53 Cr.
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Total Issue Size:
₹53 Crore
Fresh Issue: 77% (₹41 Cr)
OFS: 0% (₹- Cr)
Fresh Issue – ₹41 Crore
Offer for Sale – ₹- Crore
Note: Retail IPO investors have no lock-in and can sell shares from the listing day.
Category | Subscription |
|---|---|
Qualified Institutional Buyers | - |
Retail Individual Investor | - |
Non-Institutional Investor | - |
Others | - |
Total | 151.74x |
Incorporated in 1994, Sumax Engineering Ltd. is engaged in the manufacturing and trading of products for the Automotive OEM and Auto Refinish markets. The company operates through two segments: manufacturing and trading.
Its manufacturing products include 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 trading portfolio includes 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. Sumax Engineering has a 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.
Experienced Management Team: The company is led by promoters and a management team with experience in the automotive and auto-refinish products industry.
Wide Product Portfolio: Sumax Engineering offers a broad range of products across automotive OEM and auto-refinish applications, reducing dependence on a single product category.
Established Manufacturing Facilities: The company has manufacturing units in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana, supported by in-house processing capabilities.
Pan-India Market Presence: The company serves customers across 26 states and Union Territories, giving it a wide domestic market reach.
International Presence: Sumax Engineering exports products to several countries, including the United States, South Korea, Thailand, Russia, Turkey, China, Vietnam, Saudi Arabia and Taiwan.
Dependence on Automotive Industry: A significant part of the company's business is linked to the Automotive OEM and Auto Refinish markets. A slowdown in automobile production or aftermarket demand could adversely affect its business.
Limited Revenue Growth: Total income increased only marginally from Rs. 147.18 crore in FY2025 to Rs. 148.34 crore in FY2026, indicating limited top-line growth during the latest financial year.
Increase in Borrowings: The company's total borrowings increased from Rs. 6.43 crore in FY2024 to Rs. 13.06 crore in FY2026. Further borrowing could increase its financial costs and obligations.
Export Market Exposure: The company operates in several international markets. Changes in foreign exchange rates, trade regulations, geopolitical conditions or overseas demand could impact its export business.
SME Listing Risk: The proposed listing on the NSE SME platform may involve lower trading volumes and liquidity compared with mainboard-listed companies, which can affect the ease of buying or selling shares.
148.34 Cr.
Mar'26
12.76 Cr.
Mar'26
19.08 Cr.
Mar'26
Open Rupeezy account now. It is 100% free and secure.
Active IPOs | |
|---|---|
Company name | Bid starts |
Hd Fire Protect | 13-10-2026 |
Fusion Cx | 14-10-2026 |
Tonbo Imaging India | 15-10-2026 |
Vaibhav Vyapaar | 13-10-2026 |
Ravita Engineering Services | 14-10-2026 |