Market capitalisation is the post-issue share count in the offer document’s capital structure (1,90,22,700 shares) multiplied by the upper end of the price band, ₹101. It is arithmetic on those two filed figures, not a valuation.
The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
The minimum application is 2,400 shares, ₹2,42,400 at the ₹101 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Sumax Engineering IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (6)
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 (7)
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.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Sumax Engineering Limited, the registrar is Kfin Technologies Ltd. — allotment is finalised in the days between the issue closing on 28 Aug 2026 and listing on 02 Sept 2026.
By Kfin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 01 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 02 Sept, 2026
NSE SME · trading from 10:00 am IST
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
Sumax Engineering IPO Subscription Status FAQs
How many times is Sumax Engineering IPO subscribed?
As of 28 Aug, 7:00 pm the Sumax Engineering Limited IPO is subscribed 151.74× overall: QIB 121.28×, non-institutional 198.39× and retail 158.98×. Figures are the exchange's consolidated demand across NSE and BSE.
What is the Sumax Engineering IPO retail subscription status?
The retail portion is subscribed 158.98× as of 28 Aug, 7:00 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.
How do I check Sumax Engineering IPO subscription status?
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.
What does 2× subscription mean?
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.
Sumax Engineering IPO Registrar where allotment and refund queries go
RegistrarKfin Technologies Ltd.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Sumax Engineering IPO ASBA and UPI, as SEBI sets them
Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (28 Aug 2026).
One application per PAN. A second application under the same PAN is rejected, and both may be.
After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Kfin Technologies Ltd., not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹22 on a ₹101 upper band means the grey market is dealing at ₹123.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.