Sumax Engineering IPO Subscribed 162.80 Times on Day 4
5paisa Capital Ltd
- 2 min read
Last Updated: 28th August 2026 - 06:24 pm
Sumax Engineering IPO was subscribed 162.80 times on Day 4, August 28, 2026. The public issue received bids for 58,37,48,400 shares against 35,85,600 shares available for subscription. The Non-Institutional Investors (NIIs) category recorded the highest subscription at 270.65 times, followed by Individual Investors at 158.72 times. Qualified Institutional Buyers (QIBs), excluding anchor investors, subscribed 121.28 times.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Sumax Engineering IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (August 25) | 0.00 | 2.29 | 5.77 | 3.24 |
| Day 2 (August 26) | 0.00 | 6.67 | 17.44 | 9.63 |
| Day 3 (August 27) | 2.22 | 18.67 | 34.66 | 20.80 |
| Day 4 (August 28) | 121.28 | 270.67 | 158.88 | 162.88 |
Here are the subscription details for Sumax Engineering day 4, as of 5:24 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| Anchor | 1 | 14,35,200 | 14,35,200 |
| QIB | 121.28 | 2,66,400 | 11,81,78,400 |
| NII | 270.67 | 7,27,200 | 19,68,27,600 |
| Individual | 158.88 | 16,92,000 | 26,88,28,800 |
| Total | 162.88 | 35,85,600 |
58,40,37,600 |
Key Highlights – Day 4
- Overall subscription stood at 162.80 times on Day 4, August 28, 2026.
- Qualified Institutional Buyers, excluding anchor investors, subscribed 121.28 times.
- Non-Institutional Investors subscribed 270.65 times, the highest among the main investor categories.
- Individual Investors subscribed 158.72 times.
Key Highlights – Day 3
- Overall subscription stood at 20.80 times on Day 3, August 27, 2026.
- Qualified Institutional Buyers, excluding anchor investors, subscribed 2.22 times.
- Non-Institutional Investors subscribed 18.67 times.
- Individual Investors subscribed 34.66 times, the highest among the investor categories.
Key Highlights – Day 2
- Overall subscription stood at 9.63 times on Day 2, August 26, 2026.
- The QIB portion, excluding anchor investors, had not received bids.
- Non-Institutional Investors subscribed 6.67 times.
- Individual Investors subscribed 17.44 times, the highest among the investor categories.
Key Highlights – Day 1
- Overall subscription stood at 3.24 times on Day 1, August 25, 2026.
- The QIB portion, excluding anchor investors, had not received bids.
- Non-Institutional Investors subscribed 2.29 times.
- Individual Investors subscribed 5.77 times, the highest among the investor categories.
About Sumax Engineering
Sumax Engineering Limited is engaged in manufacturing and trading automotive tapes, die-cut products, surface-finishing products, car-care products and consumables. The company caters to customers in the automotive original equipment manufacturer and auto-refinish markets.
The company plans to use part of the fresh issue proceeds to fund the construction of proposed manufacturing facilities in Rajasthan and Haryana. The remaining proceeds are intended to support its working capital requirements and general corporate purposes.
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