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Sumax Engineering IPO GMP

BSE SMEListed

Engineering · Listed on · 25 Aug 2026 - 28 Aug 2026

Jagat JoshiJagat Joshi
November 2, 2026
Issue Size
53.00 Cr
Price Band
₹95.00 - ₹101.00
Lot Size
1200 Shares
Min Investment
₹2,42,400
GMP
₹22
Subscription
162.94x
₹5,900.68 Cr
IPO Timeline
IPO OpensDONE
25 Aug 2026
IPO ClosesDONE
28 Aug 2026
Basis of AllotmentDONE
31 Aug 2026
RefundsDONE
01 Sept 2026
Demat CreditDONE
01 Sept 2026
ListingDONE
02 Sept 2026

About Sumax Engineering IPO

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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Day-wise GMP Trend

Date & TimeGMP (₹)Est. Listing PriceEst. Gain (%)Est. Profit / Lot (₹)
02-Sep-2026 12:00 PM+₹22₹123+21.78%₹26,400
01-Sep-2026 12:00 PM+₹30₹131+29.70%₹36,000
31-Aug-2026 12:00 PM+₹35₹136+34.65%₹42,000
29-Aug-2026 12:00 PM+₹35₹136+34.65%₹42,000
28-Aug-2026 12:00 PM+₹35₹136+34.65%₹42,000
27-Aug-2026 12:00 PM+₹25₹126+24.75%₹30,000
24-Aug-2026 12:00 PM+₹31₹132+30.69%₹37,200
22-Aug-2026 12:00 PM+₹32₹133+31.68%₹38,400
21-Aug-2026 12:00 PM+₹32₹133+31.68%₹38,400
20-Aug-2026 12:00 PM+₹30₹131+29.70%₹36,000
19-Aug-2026 12:00 PM+₹20₹121+19.80%₹24,000
18-Aug-2026 12:00 PM+₹0₹101+0.00%₹0

Sumax Engineering IPO GMP is ₹22 updated as of 02-Sep-2026 12:00 PM. The estimated listing gain for Sumax Engineering is 21.78% with an estimated profit of ₹26,400 per applied lot. Based on the latest GMP, the IPO may list at ₹123.

Sumax Engineering GMP touched a high of ₹35 on 31 Aug 2026, while the lowest GMP of ₹0 was recorded on 18 Aug 2026.

The GMP is available with historical trend, estimated listing price and day-wise grey market movement. The IPO GMP is an unofficial indicator that reflects investor-market sentiment, and demand for an IPO in unofficial market before listing. However, it may fluctuate based on investor demand, market conditions and overall sentiment.

Disclaimer:

The IPO GMP and estimated listing price mentioned on this page are provided for informational and educational purposes only. The grey market is unofficial and unregulated and can change without notice.

We do not buy or sell IPO applications in the grey market. Investors should not subscribe to an IPO based on GMP. Please do your own research and consider the company’s fundamentals, financial information, valuation, and risk factors before investing in an IPO.

Stock market investments are subject to market risks. Please read all offer-related documents carefully before investing.

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Sumax Engineering IPO Lot Size & Estimated Profit

ApplicationLotsSharesEst. Profits (₹)
Employees22,400+₹52,800
Employees44,800+₹1,05,600
Individual investors (Retail) (Min)22,400+₹52,800
Individual investors (Retail) (Max)22,400+₹52,800
S-HNI (Min)33,600+₹79,200
S-HNI (Max)89,600+₹2,11,200
B-HNI (Min)910,800+₹2,37,600

Grey Market Premium Chart

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