Sumax Engineering IPO Details

SME NSE

Sumax Engineering IPO Summary

Sumax Engineering Logo | Sumax Engineering IPO Details, Date, Price, GMP, Live Subscription

Sumax Engineering IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Sumax Engineering IPO total issue size comprises 53,00,000 shares . This includes a fresh issue of 43,00,000 shares . Offer for Sale consists of 10,00,000 shares .

Sumax Engineering IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Sumax Engineering IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Sumax Engineering Limited DRHP.

Sumax Engineering IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
Shares
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Pre-issue Shareholding
-
Post-issue Shareholding
-
Total Issue Size
53,00,000 shares
Fresh Issue
43,00,000 shares
Offer for Sale
10,00,000 shares
DRHP Status
Filed with Exchange

Sumax Engineering IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Sumax Engineering IPO Reservation

Promoter Holding

Pre Issue:
7.15%
Post Issue:
-
Promoter Names:
Mr. Sudeep Mehta, Mrs. Smriti Mehta

Sumax Engineering IPO Valuations

ROCE12.89%
Debt/Equity0.13
RoNW10.60%
PAT Margin8.08%
EBITDA Margin11.80%

Sumax Engineering Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets73.0866.2154.0745.62
Total Income72.46147.18131.54127.33
Profit After Tax5.809.997.444.64
EBITDA8.5515.0311.638.05
NET Worth54.7348.9338.9431.50
Reserves and Surplus52.6446.8436.8429.40
Amount in ₹ Crore

About Sumax Engineering IPO

Sumax Engineering Limited, incorporated in 1994, is engaged in providing engineering and infrastructure solutions, with a focus on the execution of industrial and construction-related projects. The company offers services across sectors such as civil engineering, fabrication, and project management, catering to diverse infrastructure and industrial requirements.

The company specializes in delivering turnkey projects, ensuring end-to-end execution from planning and design to implementation and completion. Its capabilities include structural engineering, mechanical services, and industrial project support, enabling comprehensive project delivery.

In addition to its engineering services, Sumax Engineering Limited operates in the manufacturing and trading of products catering to the Automotive OEM (Original Equipment Manufacturer) market and the auto refinish market, providing a diversified business model.

The company’s manufacturing division focuses on producing adhesive tapes and die-cuts, rubbing and polishing compounds, buffing pads, reflective tapes, domes and graphics, and car care products, catering to automotive and industrial applications.

Product Portfolio:

  • Manufacturing Segment: 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.
  • Trading Segment: Tools (electrical and pneumatic), abrasive sheets, discs and rolls, body shop consumables, retail products, accessories, and aerosol products.

Through its integrated offerings across engineering services, manufacturing, and trading, Sumax Engineering Limited continues to strengthen its presence in the infrastructure and automotive support sectors.

Strength Of Sumax Engineering IPO

To be announced

Risk Of Sumax Engineering IPO

To be announced

Objectives Sumax Engineering IPO

1. Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan

2. 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

3. Funding working capital requirements of the company

4. General corporate purposes

5. Total

Company Contact Details

Plot No.45, Shanthinikethan Colony, Mahendra Hills, East Marredpally,
Secunderabad, Telangana , 500026
Phone: +91 78931 66698
Email: compliance@sumaxindia.com
Website: https://sumaxindia.com/

Registrar Contact Details

Name:
Kfin Technologies Ltd
Phone:
+91-40-67162222

Sumax Engineering FAQs

The Sumax Engineering IPO is a SME public issue comprising 5300000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Sumax Engineering IPO opens on TBA.

Sumax Engineering IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Sumax Engineering IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Sumax Engineering IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Sumax Engineering IPO allotment status for updates.

The listing date for the Sumax Engineering IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Sumax Engineering IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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