Sumax Engineering IPO

Sumax Engineering Limited is open for subscription, offered in a price band of ₹95 to ₹101 per share, in lots of 2400 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹95 – ₹101

Lot size

2400 shares

Minimum investment

₹2,42,400

Issue size

₹53.4 Cr

Fresh issue

₹43.34 Cr

Offer for sale

₹10.06 Cr

Opens

25 Aug 2026

Closes

28 Aug 2026

Listing date

2 Sept 2026

Registrar

Kfin Technologies Ltd.

Symbol

SUMAX

One lot of 2400 shares at the upper band price of ₹101 is ₹2,42,400 — the smallest retail application this issue accepts.

Lead managers: GYR Capital Advisors Pvt. Ltd.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 27 Aug 2026, 06:20 pm IST.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company has experienced promoters, management, and an operating team with extensive experience in the automotive OEM manufacturing industry.
• The company offers a comprehensive product range that has evolved to support a diverse customer base.
• Strong industry relationships are fundamental to the company's success in supplying automotive OEMs.
• The company has advanced in-house processing facilities focused on cost competitiveness.
• The company has a dedicated R&D team that has been able to revolutionize the market and provide reliable products.
• The company maintains robust infrastructure equipped with the latest precision tools and a well-equipped testing laboratory.

Risk factors disclosed in the offer document

• Rising costs, supply disruptions, and import restrictions on essential raw materials may impact expenses, timelines, and overall financial performance.
• A substantial portion of revenues is derived from the top 10 customers, and the loss of business from one or more could negatively impact revenues and profitability.
• The business is heavily reliant on the performance of the broader automotive industries, and a downturn in these sectors could adversely affect business and profitability.
• The registered office and manufacturing units are not owned by the company, and there is no assurance that these arrangements can continue on commercially favorable terms.
• Failure to comply with strict quality requirements by the company or its suppliers may lead to cancellation of orders, product recalls, and other disputes.
• The company relies on its individual promoters and executive directors, and their unwillingness or inability to continue in their roles could disrupt business operations.
• The company is party to certain legal proceedings, and an adverse decision could have a material adverse effect on business, financial condition, and results of operations.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (Kfin Technologies Ltd.) after the issue closes. Track the whole calendar in the IPO Centre.

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