Sumax Engineering IPO is to open on August 25, 2026. It is an SME IPO that will raise ₹53.40 crores. The Sumax Engineering IPO price band is fixed at ₹95 to ₹101 with a market lot of 2400 Shares.
Sumax Engineering IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Gain | Last Updated |
| 2 September | ₹22 | 🔴 | 21.78% | 09:43 |
| 1 September | ₹30 | 🔴 | 29.70% | 15:19 |
| 31 August | ₹35 | 🟡 | 34.65% | 17:44 |
| 29 August | ₹35 | 🟡 | 34.65% | 17:58 |
| 28 August | ₹35 | 🟢 | 34.65% | 09:20 |
| 27 August | ₹25 | 🔴 | 24.75% | 17:34 |
| 26 August | ₹35 | 🟢 | 34.65% | 16:26 |
| 25 August | ₹32 | 🟡 | 31.68% | 17:35 |
| 24 August | ₹32 | 🟡 | 31.68% | 17:47 |
| 22 August | ₹32 | 🟡 | 31.68% | 17:30 |
| 21 August | ₹32 | 🟢 | 31.68% | 18:00 |
| 20 August | ₹30 | 🟢 | 29.70% | 18:00 |
| 19 August | ₹20 | 🟢 | 19.80% | 17:06 |
| 18 August | ₹- | – | -% | 17:50 |
Sumax Engineering IPO Details
Sumax Engineering IPO Dates
| IPO Open Date: | August 25, 2026 |
| IPO Close Date: | August 28, 2026 |
| Basis of Allotment: | August 31, 2026 |
| Refunds: | September 1, 2026 |
| Credit to Demat Account: | September 1, 2026 |
| IPO Listing Date: | September 2, 2026 |
Business Overview
Sumax Engineering, founded in 1994, is one of the leading manufacturers and traders of products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets. The firm operates its business via 2 segments: manufacturing and trading. Its product 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.
Its 2 manufacturing facilities are situated in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana. Via its trading business, the firm also supplies electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, accessories, and aerosol products. Its products are sold across 26 states and Union Territories in India and exported to international countries including Thailand, South Korea, Russia, Turkey, China, Vietnam, the United States, Saudi Arabia, and Taiwan.
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