Sumax Engineering
| Category | Shares reserved | 25-08 | 26-08 | ||
|---|---|---|---|---|---|
| Shares bid | Times | Shares bid | Times | ||
| QIB | 2,409,600 | – | – | – | – |
| ∟QIB (Ex Anchor) | 974,400 | – | – | – | – |
| NII * | 727,200 | 850,824 | 1.17× | 4,145,040 | 5.70× |
| ∟bNII (> ₹10L) | 484,800 | – | – | – | – |
| ∟sNII (< ₹10L) | 242,400 | – | – | – | – |
| Retail | 1,692,000 | 7,140,240 | 4.22× | 25,887,600 | 15.30× |
| Total | 5,287,200 | 12,054,816 | 2.28× | 44,571,096 | 8.43× |
| Offer Type | Bookbuilding IPO |
| Sale Type | Fresh capital cum OFS |
| Listing At | NSE SME |
| Face Value | ₹ 10 per share |
| Price Band | ₹95 to ₹101 |
| Lot Size | 1200 shares |
| Total Issue Size | 52,87,200 shares (agg. up to ₹ 53 Cr) |
| Offer for Sale | 9,96,000 shares of ₹ 10 (agg. up to ₹ 10 Cr) |
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 96.74% | 71.25% |
| Public | 3.26% | 28.75% |
| Total | 100% | 100% |
| EPS(₹) (pre → post) | 8.66 → 6.71 |
| P/E (x) (pre → post) | 11.66 → 15.05 |
| Market Cap at Offer Price | ₹192.13 Cr |
| Metric | 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 |
| ROE | 23.10% |
| ROCE | 23.86% |
| Debt/Equity | 0.21 |
| RoNW | 20.71% |
| PAT Margin | 8.64% |
| EBITDA Margin | 12.86% |
| NAV | 41.83 |
| Price to Book Value | 2.41 |
| Company | Issue price | P/E | Listing-day close |
|---|---|---|---|
| Technocrats Plasma Systems Ltd. | ₹132 | 11.38 | ₹241.50 |
| Liotech Industries Ltd. | ₹321 | 23.13 | ₹244.15 |
| Narmadesh Brass Industries Ltd. | ₹515 | 19.63 | ₹470.25 |
| Abril Paper Tech Ltd. | ₹61 | 24.96 | ₹49.38 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,42,400 |
| Individual investors (IND) (Max) | 2 | 2,400 | ₹2,42,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,63,600 |
| S-HNI (Max) | 8 | 9,600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10,800 | ₹10,90,800 |
| Employee (Min) | 2 | 2,400 | ₹2,42,400 |
| Employee (Max) | 4 | 4,800 | ₹4,84,800 |
| Category | Shares | % of issue | Max allottees |
|---|---|---|---|
| QIB | 24,09,600 | 49.90% | 45.57% |
| − Anchor Investor | 14,35,200 | 27.14% | |
| − QIB (Ex. Anchor) | 9,74,400 | 18.43% | |
| NII (HNI) | 7,27,200 | 15.06% | 13.75% |
| − bNII > ₹10L | 4,84,800 | 9.17% | |
| − sNII < ₹10L | 2,42,400 | 4.58% | |
| Retail | 16,92,000 | 35.04% | 32.00% |
| Market Maker | 2,66,400 | 5.04% | |
| Total | 52,87,200 | 100.00% | 100.00% |
| Date | GMP ₹ | Implied |
|---|---|---|
| 2026-09-02 | 22 | +21.8% |
| 2026-09-02 | 22 | +21.8% |
| 2026-09-02 | 22 | +21.8% |
| 2026-09-02 | 22 | +21.8% |
| 2026-09-02 | 22 | +21.8% |
| 2026-09-02 | 22 | +21.8% |
| 2026-09-02 | 22 | +21.8% |
| 2026-09-02 | 30 | +29.7% |
| 2026-09-01 | 30 | +29.7% |
| 2026-09-01 | 30 | +29.7% |
| 2026-09-01 | 30 | +29.7% |
| 2026-09-01 | 36 | +35.6% |
| 2026-09-01 | 35 | +34.6% |
| 2026-09-01 | 35 | +34.6% |
🏢About Sumax Engineering
Sumax Engineering IPO is a book build issue of ₹53.40 crores. The issue is a combination of fresh issue of 42.91 lakh shares aggregating to ₹43.34 crores and offer for sale of 9.96 lakh shares aggregating to ₹10.06 crores.
Sumax Engineering IPO bidding opened for subscription on Aug 25, 2026 and will close on Aug 28, 2026. The allotment for the Sumax Engineering IPO is expected to be finalized on Aug 31, 2026. Sumax Engineering IPO will list on the NSE SME with a tentative listing date fixed as Sep 2, 2026.
Sumax Engineering IPO is set final issue price at ₹101 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,42,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,63,600.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company are Giriraj Stock Broking Pvt.Ltd. , Mansi Share & Stock Broking Pvt.Ltd.
🎯Objects of the Issue
| Object | ₹ Cr |
|---|---|
| Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Pl | 4.89 |
| Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at P | 16.62 |
| Funding working capital requirements of the company | 12.00 |
| General corporate purposes | – |
👥Selling Shareholders
| Name | Category | Shares offered |
|---|---|---|
| Sudeep Mehta | Promoter | 9,00,000 |
| Vimla Mehta | Promoter | 96,000 |
| Total | 9,96,000 |
- • GYR Capital Advisors Pvt.Ltd.
- • Kfin Technologies Ltd.
- allotment status is checked on the registrar's portal