Sumax Engineering IPO
Sumax Engineering IPO Details
-
Open Date
25 Aug 2026
-
Close Date
28 Aug 2026
- IPO Price Range
₹ 95 to ₹101
- IPO Size
₹ 53.4 Cr
Sumax Engineering IPO Timeline
Sumax Engineering IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 25-Aug-2026 | 0.00 | 2.26 | 5.64 | 3.17 |
Last Updated: 25 August 2026 5:36 PM by 5paisa
Sumax Engineering Limited, established in 1994, manufactures products for automotive OEM and auto refinish markets in India. The company offers a portfolio of more than 900 products covering body shop and car care requirements, including abrasives, polishing compounds, tapes, tools, equipment and related consumables. Its manufacturing facilities are located in Manesar and Chennai, supported by branch offices in Pune, Bengaluru and Jaipur, with its head office in Hyderabad. Sumax focuses on product quality, continuous improvement and innovation while serving diverse requirements across the automotive industry through its broad product range.
Established in: 1994
Managing Director: Sudeep Mehta
Sumax Engineering Objectives
1. Gross Proceeds of the Offer
2. Less: Offer Expenses in relation to the Fresh Issue
3. Net Proceeds of the Offer
Sumax Engineering IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹53.4 Cr |
| Offer For Sale | ₹10.05 Cr |
| Fresh Issue | ₹43.34 Cr |
Sumax Engineering IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 2,28,000 |
| Retail (Max) | 2 | 2,400 | 2,42,000 |
| S-HNI (Min) | 3 | 3,600 | 3,42,000 |
| S-HNI (Max) | 8 | 9,600 | 9,69,600 |
| B-HNI (Min) | 9 | 10,800 | 10,90,800 |
Sumax Engineering IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.00 | 9,74,400 | 0 | 0 |
| Non-Institutional Buyers | 2.26 | 7,27,200 | 16,42,800 | 16.592 |
| bNII | 1.97 | 4,84,800 | 9,56,400 | 9.660 |
| sNII | 2.83 | 2,42,400 | 6,86,400 | 6.933 |
| Individual Investors (IND category bidding for 2 Lots) | 5.64 | 16,92,000 | 95,35,200 | 96.306 |
| Total** | 3.17 | 35,85,600 | 1,13,68,800 | 114.825 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 131.54 | 147.18 | 148.34 |
| EBITDA | 11.63 | 15.03 | 19.08 |
| PAT | 7.43 | 9.98 | 12.76 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 54 | 66.16 | 84.81 |
| Share Capital | 2.10 | 2.10 | 14.73 |
| Total Liabilities | 54 | 66.16 | 84.81 |
| Particulars (In ₹Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 3.79 | 0.70 | 18.80 |
| Net Cash Generated From / (used in) Investing Activities | -2.13 | 0.41 | -27.43 |
| Net Cash Generated From / (used in) Financing Activities | 11.5 | 0.9 | 4.85 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 2.81 | 2.01 | -3.8 |
Strengths
1. Broad portfolio across automotive consumables and solutions
2. Established relationships with leading automotive OEM customers
3. Experienced promoters with over 30 years’ expertise
4. Advanced in-house manufacturing and processing capabilities
Weaknesses
1. Imports formed 76.65% of FY26 purchases
2. Top ten customers contributed 55.59% of FY26 sales
3. Revenue entirely dependent on the automotive industry
4. Certain key premises operate on leased properties
Opportunities
1. New manufacturing facility can expand production capacity
2. Scope to strengthen B2B and refinish channels
3. Growing focus on customised automotive product solutions
4. New products such as Paint Protection Film
Threats
1. Raw-material prices remain exposed to global volatility
2. Geopolitical disruptions may affect imported material supply
3. Domestic and multinational competition may pressure margins
4. Automotive-sector slowdown could weaken product demand
1. Diversified portfolio across automotive care and body shop products
2. Established relationships with leading automotive OEM customers
3. Experienced management with over three decades of industry expertise
4. Growth potential from capacity expansion and new product development
India’s automotive industry offers a favourable landscape for Sumax Engineering, supported by rising vehicle production, increasing premiumisation and growing demand for automotive aftermarket products. The company serves both automotive OEM and auto refinish markets through a diversified portfolio of manufacturing and traded products. Growth opportunities are supported by expanding vehicle ownership, increasing demand for car care and body shop solutions, new product development and wider market penetration. Sumax’s established customer relationships and manufacturing capabilities position it to participate in evolving automotive industry requirements.
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FAQs
Sumax Engineering IPO opens from August 25, 2026 to August 28, 2026.
The size of Sumax Engineering IPO is ₹53.4 Cr.
The price band of Sumax Engineering IPO is fixed at ₹95 to ₹101 per share.
To apply for Sumax Engineering IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Sumax Engineering IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Sumax Engineering IPO is of 2,400 shares and the investment required is ₹2,42,400.
The share allotment date of Sumax Engineering IPO is August 31, 2026
The Sumax Engineering IPO will likely be listed on September 2, 2026.
Gyr Capital Advisors Private Limited is the book running lead manager for Sumax Engineering IPO.
Sumax Engineering IPO plans to utilise the raised capital from the IPO for:
1. Gross Proceeds of the Offer
2. Less: Offer Expenses in relation to the Fresh Issue
3. Net Proceeds of the Offer