SENSEX 77,264.51 NIFTY 50 24,175.65 USD/INR 95.37 GOLD ₹1,59,580/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,43,892/kg
SENSEX 77,264.51 NIFTY 50 24,175.65 USD/INR 95.37 GOLD ₹1,59,580/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,43,892/kg
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Sumax Engineering IPO

SUMAX · Engineering · NSE

ClosedSME

IPO Opportunity Score

72/100

Good Opportunity

Apply?

Apply

Risk

Moderate

Est. listing gain

25–39%

Retail allotment odds

0.5%

HNI allotment odds

0.8%

Based on current GMP and subscription demand, retail investors may consider applying for listing gains. Review fundamentals and valuation before committing capital. SME IPOs carry higher liquidity and volatility risk.

Retail and HNI allotment odds are illustrative (often using total subscription as a proxy when category-wise data is unavailable).

🔴 Subscription heat: Extremely High Interest

Price band

₹95 – ₹101

GMP

+₹36 (+35.64%)

Est. listing

₹137

Issue size

₹53 Cr

Subscription

200.1x

Min. investment

₹2,42,400

GMP last updated: 28-Aug 23:32

About the company

Sector: EngineeringISIN: INE11Z001019
Incorporated in 1994, Sumax Engineering Limited is engaged in providing engineering and infrastructure solutions, with a focus on execution of industrial and construction-related projects. It offers services across various sectors including civil engineering, fabrication, and project management. The company specialises in delivering turnkey projects, ensuring end-to-end execution from planning to completion. Its capabilities include structural work, mechanical services, and support for industrial development projects. The company is engaged in both the manufacturing and trading of a diverse range of products tailored for the Automotive OEM (Original Equipment Manufacturer) Market and Auto Refinish Market. The manufacturing division specializes in producing high-quality adhesive tapes and die-cuts, rubbing and polishing compounds, buffing pads, reflective tapes and printing solutions, domes and graphics, as well as an extensive range of car care products.

Issue details

Face value₹10
Lot size1,200
Min. quantity2,400
Cut-off price₹101
Listing price
ISININE11Z001019
Bidding hours (IST)10:00 – 17:00

Timeline

Pre-apply starts24 Aug 2026
Bidding opens25 Aug 2026
Bidding closes28 Aug 2026
Allotment starts31 Aug 2026
Allotment date1 Sept 2026
Refund initiation1 Sept 2026
Listing date2 Sept 2026
Mandate end9 Oct 2026

Registrar

Kfin Technologies Limited

Contact: Mr. M. Murali Krishna

Phone: +91-40-67162222/18003094001

sumax.ipo@kfintech.comVisit registrar website →

IPO data from Upstox; GMP from unofficial grey-market aggregators. GMP is not regulated and does not guarantee listing performance. Scorecard uses GMP + subscription heuristics — not investment advice.

About Sumax Engineering IPO IPO

IPO detail with price band, GMP, scorecard, subscription heat, timeline and registrar links.

How it works

Review the opportunity score and documents (RHP/DRHP), then use allotment or GMP calculators.

Practical tips

Note allotment and listing dates on your calendar before you apply.

Important to know

GMP and scores are informational — not apply advice.

Frequently Asked Questions

What details are shown for Sumax Engineering IPO?
Company summary, price band, timeline, lot size, and grey-market premium (GMP) when the data source provides them.
What is GMP and should I trust it?
GMP is an unofficial grey-market indication of listing sentiment. It can reverse quickly and is not a guarantee of listing gains.
Can I apply for the IPO on EnrichReturns?
No. Apply via ASBA through your bank or broker UPI flow as per the exchange process.
Where should I read official risk disclosures?
Always read the Red Herring Prospectus (RHP) and exchange filings. This page is informational, not investment advice.
How fresh is subscription and GMP data?
Figures depend on upstream feeds and may lag. Confirm live subscription on NSE/BSE and treat GMP as speculative.
Is SME different from mainboard?
Yes. SME IPOs have different lot sizes, eligibility, and liquidity profiles. Check the issue type before applying.