Sumax Engineering Ltd. is engaged in the manufacturing and trading of products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets.
The Company operates through two segments: manufacturing and trading.
Its manufacturing 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. The Company has also ventured into Paint Protection Film (PPF) for protecting vehicle paint from scratches, stone chips, and environmental elements.
Through its Trading Business, the Company supplies electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, accessories and aerosol products.
The Company operates manufacturing units in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana.
Its products cater primarily to the automotive industry and commercial applications, with the Company offering customised solutions based on customer requirements. Its manufacturing processes are certified under ISO 9001:2015 and IATF 16949:2016.
As of March 31, 2026, the Company reported 121 employees.
Sumax Engineering IPO – Details
| IPO Opening Date | 25 August 2026 |
| IPO Closing Date | 28 August 2026 |
| Issue Type | Book Building IPO |
| Issue Size | Total Issue: 52,87,200 Shares Worth ₹53.40 Crore Fresh Issue: 42,91,200 Shares Worth ₹43.34 Crore Offer For Sale: 9,96,000 Shares Worth ₹10.06 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹101 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Sumax Engineering IPO – Date Schedule
| IPO Open Date | 25 August 2026 |
| IPO Close Date | 28 August 2026 |
| Basis of Allotment | 31 August 2026 |
| Initiation of Refund | 01 September 2026 |
| Credit of Shares to Demat | 01 September 2026 |
| IPO Listing Date | 02 September 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 28, 2026 |
Sumax Engineering IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,42,400 |
| Retail (Max) | 2 | 2400 | ₹2,42,400 |
| S-HNI (Min) | 3 | 3600 | ₹3,63,600 |
| S-HNI (Max) | 8 | 9600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10800 | ₹10,90,800 |
Competitive Strength
- Experienced Promoters, management and operating team.
- Comprehensive Product Range.
- Strong Industry Relationships.
- Advanced In-House Processing Facilities.
- Focused on Cost Competitiveness.
- Efficient Logistics and Supply Chain Management.
- Strong Financial performance.
- Tailored Product Design.
Company Promoters
- Sudeep Mehta
- Smriti Mehta
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹131.54 Cr | ₹121.52 Cr | ₹7.43 Cr | ₹6.43 Cr |
| 31 March 2025 | ₹147.18 Cr | ₹133.75 Cr | ₹9.98 Cr | ₹7.75 Cr |
| 31 March 2026 | ₹148.34 Cr | ₹132.11 Cr | ₹12.76 Cr | ₹13.06 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 23.10% |
| ROCE | 23.86% |
| Debt/Equity | 0.21 |
| RoNW | 20.71% |
| PAT Margin | 8.64% |
| EBITDA Margin | 12.86% |
| NAV | 41.83 |
| Price to Book Value | 2.41 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.66 | 6.71 |
| P/E (x) | 11.66 | 15.05 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan. | ₹4.89 |
| Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sector 11, Model Economic Township, Village – Nimana, Tehsil Badli, District – Jhajjar, State Haryana. | ₹16.62 |
| Funding the working capital requirements of the company. | ₹12.00 |
| General Corporate Purpose. | – |
✅Strengths
- Experienced management with 30+ years of automotive OEM experience.
- Diversified product portfolio serving OEM and auto-refinish markets.
- Strong OEM relationships and customised product solutions.
- ISO 9001 & IATF 16949 certified manufacturing processes.
⚠️Risks
- High import dependence, with 76.65% of purchases imported in FY2026.
- Raw material price volatility can impact margins.
- Forex fluctuations may affect costs and profitability.
- Strong competition may put pressure on pricing and margins.
- Rising working-capital needs due to higher inventory and receivables.
Sumax Engineering IPO Promoter Holding
| Pre-Issue Share Holding | 96.74% |
| Post Issue Share Holding | 71.25% |
Sumax Engineering IPO Prospectus
Company Contact Information
| Sumax Engineering Limited Plot No.45, Shanthinikethan Colony, Mahendra Hills, East Marredpally, Secunderabad, Telangana, 500026 Phone: +91 78931 66698 Email: compliance@sumaxindia.com Website: https://sumaxindia.com/ |
Sumax Engineering IPO Registrar
| Kfin Technologies Ltd. Phone: 040-79615565 Email: sumax.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Sumax Engineering IPO Lead Manager(s)
| 1. GYR Capital Advisors Pvt. Ltd. |
Sumax Engineering IPO FAQ
| What is the Sumax Engineering IPO? Sumax Engineering IPO is an SME IPO. The issue is priced at ₹95 – ₹101 per equity share. The IPO is to be listed on NSE SME. |
| When will Sumax Engineering IPO open? The IPO is to open on 25 August 2026 for QIB, NII and Retail Investors. |
| What is Sumax Engineering IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Sumax Engineering IPO Size? Sumax Engineering IPO size is ₹53.40 Crore. |
| What are the Sumax Engineering IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,42,400, while the maximum bid is 2400 Shares for ₹2,42,400. |
| What is the Sumax Engineering IPO Allotment Date? Sumax Engineering IPO allotment date is 31 August 2026. |
| What is the Sumax Engineering IPO Listing Date? Sumax Engineering IPO listing date is 02 September 2026. The IPO is to be listed on the NSE SME. |
