Minimum Investment
About Company
Company Name: Sumax Engineering Limited
Industry / Sector: Automotive OEM & Auto Refinish Products / Industrial Products
Founded Year: 1994
Promoters: Sudeep Mehta, Smriti Mehta
Sumax Engineering Ltd. is engaged in the manufacturing and trading of products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets. The company operates through two segments: manufacturing and trading. Its manufacturing portfolio includes 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. Through its trading business, it supplies 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, and exports to markets including Thailand, South Korea, and the United States.
IPO Basic Details
| Company Name | Sumax Engineering Limited |
| IPO Type | SME IPO |
| Price Band | ₹95 – ₹101 |
| Lot Size | 1200 Shares |
| Total Issue Size | 52,87,200 Equity Shares (₹53.40 Cr) |
IPO Strengths & Risks
Strengths
- Experienced Promoters, management and operating team
- Comprehensive Product Range
- Strong Industry Relationships
- Advanced In-House Processing Facilities
- Focused on Cost Competitiveness
- Efficient Logistics and Supply Chain Management
- Strong Financial performance
- Tailored Product Design
Risks
- Dependence on the automotive sector, which is cyclical
- Competition from organized and unorganized players
- Raw material price volatility
- Customer concentration risk
- Execution risk in expanding manufacturing capacity
- SME IPO with lower liquidity compared to mainboard listings
IPO Important Dates
| IPO Open Date | 25 Aug 2026 |
| IPO Close Date | 28 Aug 2026 |
| Basis of Allotment | 31 Aug 2026 |
| Refund Initiation | Not specified in the source |
| Demat Credit Date | 01 Sep 2026 |
| Listing Date | 02 Sep 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | 49.90% of Net Offer (24,09,600 shares) |
| Retail Quota | 35.04% of Net Offer (16,92,000 shares) |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 2400 | ₹2,42,400 |
| Retail Maximum | 2 Lots | 2400 | ₹2,42,400 |
| S-HNI Minimum | 3 Lots | 3600 | ₹3,63,600 |
| S-HNI Maximum | 8 Lots | 9600 | ₹9,69,600 |
| B-HNI Minimum | 9 Lots | 10800 | ₹10,90,800 |
Key Performance Indicators (KPI)
| ROE | Not explicitly stated in the source |
| ROCE | Not explicitly stated in the source |
| RoNW | - |
| PAT Margin | 8.60% (FY26) |
| EBITDA Margin | 12.86% (FY26) |
| EPS | ₹8.66 (Pre-IPO) |
| NAV per share | - |
| Debt to Equity | Not explicitly stated, but total borrowing stood at ₹13.06 Cr as of March 31, 2026 |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 | ₹84.81 Cr | ₹148.34 Cr | ₹12.76 Cr | ₹19.08 Cr | ₹61.60 Cr | ₹13.06 Cr |
| FY2025 | ₹66.14 Cr | ₹147.18 Cr | ₹9.98 Cr | ₹15.03 Cr | ₹48.84 Cr | ₹7.75 Cr |
| FY2024 | ₹54.00 Cr | ₹131.54 Cr | ₹7.43 Cr | ₹11.63 Cr | ₹38.86 Cr | ₹6.43 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: Not explicitly stated in the source
IPO Lead Manager(s)
Company Information
Address: Plot No.45, Shanthinikethan Colony, Mahendra Hills, East Marredpally, Secunderabad, Telangana - 500026
Website: https://www.sumaxindia.com
Email: compliance@sumaxindia.com
Phone: +91 78931 66698
IPO Documents
Frequently Asked Questions (FAQ)
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