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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Sumax Engineering Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹101
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,21,200
Issue Size
₹53.4 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.04%
QIB Quota
49.9%
NII Quota
15.06%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
6.96%
Promoter Holding (Post-Issue)
4.89%
Issue Type
Book Building - SME
ISIN
INE11Z001019
We are 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. Our 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. These offerings are designed to meet industry standards and provide reliable solutions for automotive applications. In addition to manufacturing, our trading segment supplies a variety of essential products, including electrical and pneumatic tools, abrasive sheets, discs, and rolls, body shop consumables, retail products and accessories, and aerosol products. Through our all-inclusive portfolio, we aim to deliver innovative and high-performance solutions that cater to the evolving demands of both automotive manufacturers and the aftermarket industry. Further, we have ventured into a new product, namely Paint Protection Film (PPF), a transparent thermoplastic polyurethane film applied to the painted surfaces of vehicles. PPF is designed to protect the vehicle's paint from stone chips, scratches, stains, minor abrasions and exposure to environmental elements, thereby helping maintain the vehicle's exterior paint protection and surface finish.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering 52,87,200 equity shares of face value of Rs. 10/- each ("Equity Shares")of Sumax Engineering Limited ("SEL" or the "Company" or "Issuer") for cash at a price of Rs. 101 per equity share (the "Offer Price"), aggregating to Rs. 53.40 Crores ("The Offer"), comprising a fresh offer of 42,91,200 equity shares aggregating Rs. 43.34 Crores by the company ("Fresh Offer") and an offer for sale of 9,96,000 equity shares by Sudeep Mehta and Vimla Mehta ("The Selling Shareholders") aggregating to Rs. 10.06 Crores ("Offer For Sale"). Out of the offer 2,66,400 equity shares aggregating to Rs. 2.69 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and 1,92,000 equity shares aggregating to Rs. 1.94 Crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The offer less the market maker reservation portion and employee reservation portion i.e. Offer of 48,28,800 equity shares of face value of Rs. 10/- each at an offer price of Rs. 101 per equity share aggregating to Rs. 48.77 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 27.94% and 25.38%, respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 101/- per equity share of face value of Rs. 10/- each. The floor price is 10.1 times the face value of equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as `Sumax Engineering Private Limited' a private limited company under the Companies Act, 1956 at Hyderabad, Andhra Pradesh, pursuant to a certificate of incorporation dated December 21, 1994, issued by the Registrar of Companies, Hyderabad ("RoC"). Thereafter, name of our Company was changed from `Sumax Engineering Private Limited' to `Sumax Engineering Limited', consequent to conversion of our Company from private to public company, pursuant to a special resolution passed by the shareholders of our Company on July 20, 2024 and a fresh certificate of incorporation dated September 18, 2024 was issued by the Registrar of Companies, Central Processing Centre. The Corporate identification number of our company is U74210TG1994PLC019032.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.