Sumax Engineering Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 🔥 121.28x | 974,400 | 118,178,400 | ₹10 Cr |
| NII (HNI) | 🔥 270.70x | 727,200 | 196,852,800 | ₹7 Cr |
| Retail | 🔥 158.98x | 1,692,000 | 268,994,400 | ₹17 Cr |
| Market Maker | — | 266,400 | — | ₹3 Cr |
| Σ Total | 🔥 162.94x | 3,585,600 | 584,228,400 | ₹36 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹121,200 |
| Retail (Max) | 13 | 15,600 | ₹1,575,600 |
| S-HNI (Min) | 14 | 16,800 | ₹1,696,800 |
| B-HNI (Min) | 67 | 80,400 | ₹8,120,400 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 148 | 147 | 132 |
| EBITDA | 19 | 15 | 12 |
| Profit After Tax | 13 | 10 | 7 |
| Net Worth | 62 | 49 | 39 |
| Total Assets | 85 | 66 | 54 |
| Reserves & Surplus | 47 | 47 | 37 |
| Total Borrowing | 13 | 8 | 6 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan – 4.89
- Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sector 11, Model Economic Township, Village - Nimana, Tehsil Badli, District - Jhajjar, State Haryana – 16.62
- Funding working capital requirements of the company – 12.00
- General corporate purposes –
Company Overview
Incorporated in 1994, 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, the company 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.
It has a market presence across 26 states and Union Territories in India and exports its products to markets including Thailand, South Korea, Russia, Turkey, China, Vietnam, the United States, Saudi Arabia, and Taiwan.
As of March 31, 2026, the company had 121 employees.
Competitive 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