The allotment status for the ₹53.40 crore Sumax Engineering IPO is likely to be announced today, August 31, 2026. Investors can check their IPO allotment status on the official websites of the NSE and the IPO registrar, KFin Technologies Limited.
Following the completion of the allotment process, the shares are likely to be listed on the NSE SME platform on September 2, 2026.
Explore other Upcoming IPOs on BSE and NSE.
[August 28, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
121.28x |
|
Non-Institutional Investors (NIIs) |
270.70x |
|
Retail Individual Investors (RIIs) |
158.98x |
|
Total |
162.94x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 1994, Sumax Engineering Limited manufactures and supplies automotive products for the OEM and auto refinish markets. The company produces adhesive tapes, die-cuts, rubbing and polishing compounds, buffing pads, reflective tapes, printing solutions, car care products, and Paint Protection Films (PPF), while also trading in tools, abrasives, body shop consumables, and automotive accessories.
Its products are used across automotive and commercial applications and comply with ISO 9001:2015 and IATF 16949:2016 quality standards. Led by Managing Director Sudeep Mehta, the company focuses on customised, high-performance solutions supported by in-house manufacturing, quality testing, and research and development capabilities.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
147.69 |
146.13 |
130.79 |
|
EBITDA |
19.08 |
15.03 |
11.63 |
|
Profit After Tax (PAT) |
12.76 |
9.98 |
7.43 |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here.