Sumax Engineering IPO

Overview

Sumax Engineering IPO is a book build issue of ₹53.40 crores. The issue is a combination of fresh issue of 0.43 crore shares aggregating to ₹43.34 crores and offer for sale of 0.10 crore shares aggregating to ₹10.06 crores. Sumax Engineering IPO opens for subscription on Aug 25, 2026 and closes on Aug 28, 2026. The allotment for the Sumax Engineering IPO is expected to be finalized on Aug 31, 2026. Sumax Engineering IPO will list on the NSE SME with a tentative listing date fixed as Sep 2, 2026. Sumax Engineering IPO is set issue price band at ₹95 to ₹101 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,42,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,63,600. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company are Giriraj Stock Broking Pvt.Ltd., Mansi Share & Stock Broking Pvt.Ltd.