Sumax Engineering IPO: Sumax Engineering Limited, a company engaged in manufacturing and trading products for the automotive OEM (Original Equipment Manufacturer) and auto refinish market, has come up with its SME IPO in the market. Through this SME IPO, this company wants to raise ₹53.40 crore. Sumax Engineering IPO will open for subscription on August 25, 2026, and close August 28, 2026.
Sumax Engineering IPO is a book build issue of 52,87,200 shares (₹53.40 Cr.). The issue is a combination of a fresh issue of 42,91,200 shares (₹43.34 Cr.) and an offer for sale of 9,96,000 shares (₹10.06 Cr.).
The price band for Sumax Engineering IPO is ₹95 to ₹101 per share. The minimum application size is 2 lot (2,400 shares), requiring a retail investor to invest at least ₹2,42,400 (based on the upper price band).
Sumax Engineering IPO Details
| Open Date | August 25, 2026 |
| Close Date | August 28, 2026 |
| Issue Type | Book Building Issue |
| Face Value | ₹10.00 Equity Share |
| Price Band | ₹95.00 – ₹101.00 Per Share |
| Listing On | NSE, SME |
| Issue Size | ₹53.40 Cr. (52,87,200 Shares) |
| Fresh Issue | ₹43.34 Cr. (42,91,200 Shares) |
| Offer For Sale | ₹10.06 Cr. (9,96,000 Shares) |
| Prospectus | RHP | Anchor Investors |
Sumax Engineering IPO Reservation
| Category | Total Issue | Net Issue | Shares |
|---|---|---|---|
| QIB | 45.57% | 49.90% | 24,09,600 |
| NII | 13.75% | 15.06% | 7,27,200 |
| Retail | 32.00% | 34.04% | 16,92,000 |
| Employee Preferential Reservations | 3.63% | — | 1,92,000 |
| Market Maker Firm Reservations | 5.04% | — | 2,66,400 |
| Total | 100.00% | 100.00% | 52,87,200 |
Sumax Engineering IPO Market Lot
| Application | Lot | Shares | Amount |
| Retail Minimum & Maximum | 2 | 2,400 | ₹2,42,400 |
| S-HNI Minimum | 3 | 3,600 | ₹3,63,600 |
| S-HNI Maximum | 8 | 9,600 | ₹9,69,600 |
| B- HNI Minimum | 9 | 10,800 | ₹10,90,800 |
| Employee Minimum | 2 | 2,400 | ₹2,42,400 |
| Employee Maximum | 4 | 4,800 | ₹4,84,800 |
Key Performance Indicator
| KPI [March 31, 2026] | Value |
| Market Capitalisation | ₹192.13 Cr. (On Upper Price) |
| P/E Ratio | 11.66x |
| EPS | ₹8.66 |
| ROE | 23.10% |
| ROCE | 23.86% |
| RoNW | 20.71% |
| Dept/Equity | 0.21 |
| EBITDA Margin | 12.86% |
| PAT Margin | 8.64% |
| Net Assets Value | ₹41.83 |
| Price To Book Value | 2.41x |
Sumax Engineering IPO No Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| N/A | — | — | — | — |
Sumax Engineering IPO Dates
| Open Date | August 25, 2026 |
| Close Date | August 28, 2026 |
| Allotment Date | August 31, 2026 |
| Refund Date | September 01, 2026 |
| Share Credit Date | September 01, 2026 |
| Listing Date | September 02, 2026 |
Sumax Engineering Company Financial Report (Restated)
| Period Ended | Total Assets | Total Income | Total Expenses | Net Worth | Profit After Tax | EBITDA | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|---|---|
| March 2026 | ₹84.81 Cr. | ₹148.34 Cr. | ₹132.10 Cr. | ₹61.60 Cr. | ₹12.76 Cr. | ₹19.08 Cr. | ₹46.88 Cr. | ₹13.06 Cr. |
| March 2025 | ₹66.14 Cr. | ₹147.18 Cr. | ₹133.75 Cr. | ₹48.84 Cr. | ₹9.98 Cr. | ₹15.03 Cr. | ₹46.75 Cr. | ₹7.75 Cr. |
| March 2024 | ₹54.00 Cr. | ₹131.54 Cr. | ₹121.52 Cr. | ₹38.86 Cr. | ₹7.43 Cr. | ₹11.63 Cr. | ₹36.77 Cr. | ₹6.43 Cr. |
Company Promoters
- Sudeep Mehta
- Smriti Mehta
| Holding Pre Issue | 1,47,31,500 Shares | 96.74% |
| Holding Post Issue | 1,90,22,700 Shares | 71.25% |
Sumax Engineering IPO Lead Managers
- GYR Capital Advisors Private
Sumax Engineering IPO Registrar
Kfin Technologies Limited
Telephone: 040-79615565
Email: sumax.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
About Sumax Engineering Limited
This company was initially incorporated as “Sumax Engineering Private Limited” with the Registrar of Companies, Hyderabad under the Companies Act, 1956, and received a Certificate of Incorporation from the Registrar of Companies, Hyderabad on December 21, 1994. Subsequently, on July 20, 2024, following a special resolution passed at the Extraordinary General Meeting of the company, our company was converted from a private limited company to a public limited company and the name of the company was changed from “Sumax Engineering Private Limited” to “Sumax Engineering Limited”, and a new Certificate of Incorporation was issued to the company by the Registrar of Companies, Central Processing Centre on September 18, 2024. The corporate identification number of the company is U74210TG1994PLC019032.
Company Strengths (In Details)
- Experienced Promoters, management and operating team: The company’s promoters, Mr. Sudip Mehta and Mrs. Smriti Mehta, have extensive experience in the automotive OEM field and have played a key role in the growth of our business. We have a diverse board of directors, supported by a strong management team with extensive experience in the automotive OEM manufacturing industry. Promoter Mr. Sudip Mehta, Chairman and Managing Director, holds a Bachelor of Commerce degree from Osmania University, Hyderabad, and a Master of Business Administration degree from the University of Pune. His technical expertise and over 30 years of experience have helped the company reach new heights. Currently, he is responsible for overall management, day-to-day operations, and is the guiding force behind the company’s strategic decisions. The company’s management team, comprised of visionary leaders, seasoned professionals, and industry experts, brings valuable knowledge and insights. His expertise has been essential in helping us make strategic, timely decisions to enhance business performance and respond to changing customer needs and market dynamics.
- Comprehensive Product Range: The company’s product portfolio has expanded in recent years, diversifying into new product categories to support its diverse customer base. Its portfolio now includes a wide range of industrial specialty adhesive tapes. They also manufacture a range of tapes, including automotive masking tape, PVC fine line tape, acrylic foam tape, duct tape, and more, designed to withstand harsh conditions and streamline production. Rubbing and polishing compounds are crucial for restoring a vehicle’s finish. Rubbing compounds remove deep scratches and imperfections, while polishing compounds smooth out fine marks, leaving a shiny, flawless surface. They also specialize in creating products tailored to specific customer needs and applications, such as rubbing and polishing compounds, car care products, polishing and buffing pads, reflective tape, and printing domes and graphics. By offering such a wide range of products, they are able to meet the diverse needs of different customer segments in sectors like automotive, where accuracy and quality are paramount. This diverse range of products helps us adapt and adapt quickly to changing market needs, while also building strong relationships with our customers. The company is accredited with ISO 9001:2015 and IATF 16949:2016 for the automotive sector. This accreditation supports our commitment to meeting global environmental and quality management standards. They have built a quality assurance culture throughout the organization to ensure the best quality of the company’s products.
- Strong Industry Relationships: Strong relationships within the industry are crucial to the company’s success in supplying automotive OEMs, where the highest standards of quality, precision, and reliability are required. By consistently meeting these demands, they further strengthen their reputation as the best in the automotive sector. Their long-standing partnerships with OEMs enhance their credibility and foster trust, enabling close collaboration to meet changing market needs and promote innovation. Our adaptability to new technologies, such as electric vehicle components and advanced manufacturing processes, further strengthens these relationships. These collaborations create opportunities for joint ventures, shared research and development, and alignment with OEMs on sustainability initiatives. As a result, they position themselves as a trusted partner, providing customized solutions with precision and ensuring timely delivery—essential for the smooth operation of OEM production lines.
- Advanced In-House Processing Facilities Focused on Cost Competitiveness: The company’s production facilities are equipped with the latest machinery and technology that meet the highest standards required in the automotive OEM industry. They adhere to strict hygiene and safety protocols, ensuring the integrity of their products is maintained throughout the manufacturing process. Their investment in advanced manufacturing capabilities helps them streamline processes, reduce waste, and optimize resource utilization, thereby lowering operational costs without compromising quality. Furthermore, their in-house teams play a key role in maintaining high efficiency and strict quality control, allowing them to rapidly improve designs and optimize manufacturing processes. This flexibility, combined with their quality management system, helps them effectively manage costs while providing custom solutions tailored to the needs of their clients in the automotive sector. By maintaining strict control over product development, quality assurance and manufacturing costs, they position themselves to best meet customer demands and maintain a competitive advantage in the market.
- Tailored Product Design: The company offers unparalleled flexibility in product design, sizing, and customization to meet its clients’ evolving needs. This flexibility allows it to create solutions that seamlessly match its clients’ specific requirements, enhance product appeal, and meet precise functional needs. Whether it’s customizing adhesive tape, buffing pads, or other components for specific applications, customization helps its clients stand out in a competitive market. By providing these unique solutions, we help our clients strengthen their market position, enhance customer engagement, and more efficiently achieve their business goals. Our reach extends beyond India, with a strong presence in nearly every state, driving sales growth nationwide. We also have a global presence in countries such as Thailand, South Korea, Russia, Turkey, China, Vietnam, the USA, Saudi Arabia, and Taiwan. Our commitment to providing customized automotive solutions has earned it international recognition and demand. This expansion demonstrates their ability to adapt and grow in diverse markets, while maintaining their reputation for excellence. Additionally, they have launched a new product, Paint Protection Film (PPF). This is a transparent thermoplastic polyurethane film that is applied to painted vehicle surfaces. PPF is designed to protect vehicle paint from stone chips, scratches, stains, minor abrasions, and environmental impacts, helping to maintain paint protection and surface finish on the vehicle’s exterior.
- Efficient Logistics and Supply Chain Management: The company excels at good logistics and supply chain management, ensuring timely and reliable delivery of products to its customers. By implementing a Kanban system or just-in-time (JIT) inventory system, they effectively minimize stock levels while maintaining the ability to quickly meet customer demands. This approach reduces wastage, lowers storage costs, and increases operational efficiency. Through strong relationships with trusted suppliers and partners, they are able to streamline their processes, maintain optimal inventory levels, and respond quickly to changing market conditions. Their focus on good logistics and supply chain management helps them deliver high-quality products on time, enhance customer satisfaction, and strengthen their competitive edge in the market.
- Strong Financial performance: Its revenue from operations for fiscal years 2026, 2025, and 2024 was ₹147.69 crore, ₹146.13 crore, and ₹130.79 crore, respectively. Its EBITDA for fiscal years 2026, 2025, and 2024 was ₹19.08 crore, ₹15.03 crore, and ₹11.63 crore, respectively. Its profit after tax for fiscal years 2026, 2025, and 2024 was ₹12.76 crore, ₹9.98 crore, and ₹7.43 crore, respectively.
Objects Of The Issue (Total Estimated Amount ₹33.51 Cr.)
- Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan. (Estimated Amount ₹4.89 Cr )
- 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. (Estimated Amount ₹16.62 Cr )
- Funding working capital requirements of our company; (Estimated Amount ₹12.00 Cr )
- General corporate purposes.
Company Address
Sumax Engineering Limited
Address: Plot No.45, Shanthinikethan Colony, Mahendra Hills, East Marredpally, Secunderabad, Telangana, India, 500026.
Telephone: +91 78931 66698
Email: compliance@sumaxindia.com
Website: https://sumaxindia.com/
Sumax Engineering IPO FAQs
What are the open and close dates of the Sumax Engineering IPO?
The Sumax Engineering IPO will open on August 25, 2026 and close on August 28, 2026.
What is the price band for Sumax Engineering IPO?
The price band for the Sumax Engineering IPO is ₹95 to ₹101 per share.
What is the issue size of the Sumax Engineering IPO?
The total issue size of the Sumax Engineering IPO is ₹53.40 Cr., comprising both fresh issue and offer for sale (if applicable).
What is Sumax Engineering IPO Minimum and Maximum Lot Size?
The minimum & maximum bid is 2 Lot, 2,400 Shares with ₹2,42,400 amount for the Sumax Engineering IPO.
What is Sumax Engineering IPO Investors Portion?
The investors portion for QIB 50%, NII 15%, RII 35% for the Sumax Engineering IPO.
When will the allotment for the Sumax Engineering IPO be finalized?
The Sumax Engineering IPO allotment is expected to be finalized on August 31, 2026.
When will the shares of Sumax Engineering IPO get listed?
The Sumax Engineering IPO shares are expected to be listed on NSE and SME on September 02, 2026.
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IPO Investors Team Has Researched And Prepared This Content After Reviewing The Sumax Engineering IPO Red Herring Prospectus (RHP) And Other Official IPO Related Documents Publicly Available To Investors.
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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