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Sumax Engineering IPO Review

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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