Sumax Engineering IPO
Sumax Engineering Limited · Automotive Components and Car Care Products
- Issue price
- ₹101per share
- Issue size
- ₹53.4 Cr52,87,200 shares
- Face value
- ₹10per equity share
- Lot size
- 2,400 sharesMin. ₹2.42 L at the upper price
- Anchor biddingMon, 2026
- OpensTue, 2026
- ClosesFri, 2026
- AllotmentTue, 2026Demat credit same day
- ListingWed, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 42,91,200 shares (₹43.34 Cr)
- Offer for sale
- 9,96,000 shares (₹10.06 Cr)
- Total issue
- 52,87,200 shares (₹53.4 Cr)
- Market maker portion
- 2,66,400 shares
- Face value
- ₹10
- Listing at
- NSE Emerge
Source: ProspectusUpdated
Reservation
Share of the total issue- QIB45.6%
- Retail32.0%
- Small NII13.8%
- Employees3.6%
- Market maker5.0%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 16,92,000 | 33.70% | 35% |
| Small NII (₹2–10 lakh) | 7,27,200 | 14.48% | — |
| Qualified institutional buyers (QIB) | 24,09,600 | 47.99% | 50% |
| Employees | 1,92,000 | 3.82% | — |
| Market maker | 2,66,400 | — | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹101 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 2,400 | ₹2.42 L |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26- EPS (basic)
- ₹8.66
- EPS (basic) (FY 2024-25)
- ₹6.78
- EPS (basic) (FY 2023-24)
- ₹5.04
- RoNW
- 20.71%
- RoNW (FY 2024-25)
- 20.44%
- RoNW (FY 2023-24)
- 19.12%
- NAV per share (After the Offer)
- ₹55.16
- NAV per share
- ₹41.83
- Debt to equity
- 0.21
Source: ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 147.69 | 146.13 | 130.79 |
| Total income | 148.34 | 147.18 | 131.54 |
| EBITDA | 19.08 | 15.03 | 11.63 |
| Profit after tax | 12.76 | 9.98 | 7.43 |
| Net worth | 61.60 | 48.84 | 38.86 |
| Reserves and surplus | 46.88 | 46.75 | 36.77 |
| Total assets | 84.81 | 66.14 | 54.00 |
| Total borrowing | 13.06 | 13.11 | 6.43 |
FY 2025-26 vs FY 2024-25: revenue +1.1%, profit after tax +27.8%.
Source: ProspectusUpdated
About the company
The company manufactures and trades a range of products for the automotive OEM and auto refinish markets, including adhesive tapes, polishing compounds, buffing pads and car care products. It also trades tools, abrasives and body shop consumables, and has recently added paint protection film.
- Incorporated
- 1994
- Industry
- Automotive Components and Car Care Products
- CIN
- U74210TG1994PLC019032
- Website
- sumaxindia.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Vimla Mehta | Promoter group | — | — | 96,000 |
| Sudeep Mehta | Selling shareholder | — | — | 9,00,000 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Capital expenditure for proposed manufacturing unit I in Rajasthan | 4.89 |
| Capital expenditure for proposed manufacturing unit II in Haryana | 16.62 |
| Working capital requirements | 12.00 |
| General corporate purposes | 5.80 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Long operating history since 1994 in automotive and car care products.
- Manufacturing units certified to ISO 9001:2015 and IATF 16949:2016.
- Revenue and profit grew over the three years shown in the document.
- Product range spans manufacturing and trading across the automotive OEM and aftermarket segments.
Risks
- Raw material costs are volatile and about 77% of FY26 purchases were imported.
- Registered office and manufacturing unit are leased, not owned.
- Proposed plant consolidation may cause temporary disruption to production.
- Promoters have given personal guarantees for company bank loans.
- Contingent tax and GST demands are pending against the company.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹101) appear here after the shares list on NSE Emerge.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Sumax Engineering IPO open and close?
According to the Prospectus, the issue opens on Tuesday, 25 August 2026 and closes on Friday, 28 August 2026.
What is the Sumax Engineering IPO price band?
The final issue price is ₹101 per share.
What is the lot size of the Sumax Engineering IPO?
One lot is 2,400 shares, which is ₹2.42 L at ₹101 per share.
Where will Sumax Engineering shares list?
On NSE Emerge. The tentative listing date is Wednesday, 2 September 2026.
Who is the registrar of the issue?
KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.
How do I check the Sumax Engineering IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 1 September 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited). Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹4.89 Cr for capital expenditure for proposed manufacturing unit I in Rajasthan, ₹16.62 Cr for capital expenditure for proposed manufacturing unit II in Haryana, ₹12 Cr for working capital requirements, ₹5.8 Cr for general corporate purposes.
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