Sumax Engineering IPO

About Sumax Engineering IPO

The public issue of the Sumax Engineering IPO, an SME IPO, opens on Tuesday, August 25, 2026 and closes on Friday, August 28, 2026. The allotment of shares will take place on Monday, August 31, 2026. The credit of shares to the demat account will take place on Tuesday, September 1, 2026. The initiation of refunds will take place on Tuesday, September 1, 2026 . The listing of shares will take place on Wednesday, September 2, 2026. The equity shares offered through the IPO are proposed to be listed on the NSE SME platform.

The offer consists of both a fresh issue and an offer for sale component. The fresh issue will include 0.43 crore shares aggregating to ₹43.34 crore. The offer for sale portion includes 0.10 crore shares aggregating to ₹10.06 crore. The total number of shares and the aggregate amount are 52,87,200 shares aggregating up to ₹53 crore.

Sumax Engineering IPO’s price band is set at ₹95 to ₹101 per share. The lot size for an application is 1,200. The minimum amount of investment required by a retail individual investor is ₹2,42,400 (2,400 shares) based on the upper price band.

Sumax Engineering is 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. Their 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.

Objectives of Sumax Engineering IPO

• Funding of capital expenditure towards construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan.
  
• 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.
  
• Funding working capital requirements for the company.
  
• General corporate purposes.
  

Industry Outlook

The auto component industry has become a vital segment of the economy, spanning large corporations to micro enterprises across manufacturing clusters nationwide. India’s auto-component industry is poised to reach US$ 20000 crore by 2030, supported by its cost competitiveness, skilled workforce, and growing domestic demand, according to a McKinsey report titled Shaping the future of India’s auto component industry. The sector is projected to achieve exports worth ₹8,54,700 crore (US$ 10000 crore by 2030, underscoring its global competitiveness. India’s auto components industry has significantly expanded its market share, driven by rising automobile demand from the growing middle class and strong global exports. The sector has attracted both Indian and international players and is broadly classified into organised and unorganised segments. While the unorganised sector primarily caters to the aftermarket with low-value items, the organised sector focuses on supplying high-value precision instruments to Original Equipment Manufacturers (OEMs).

About Sumax Engineering

Sumax Engineering is 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. Their manufacturing division specialises 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, their 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 their all-inclusive portfolio, they aim to deliver innovative and high-performance solutions that cater to the evolving demands of both automotive manufacturers and the aftermarket industry.

Strengths of Sumax Engineering

• 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.

Risks of Sumax Engineering

• Rising costs, supply disruptions, and import restrictions on essential raw materials may impact their business.
• A substantial portion of their revenues is derived from their top 10 customers.
• Their business is heavily reliant on the performance of the broader automotive industries, both in India and globally.
• Their registered office and manufacturing unit from where they operate is not owned by them.
• They are subject to strict quality requirements and any failure by them or their suppliers to comply with quality standards may lead to cancellation of existing and future orders, etc.
• Their business is dependent and will continue to depend on their manufacturing facilities, and they are subject to certain risks in their manufacturing process.

Peer Comparison

There are no listed companies in India that engage in a business that is similar to that of the company.

Anchor Investor Bidding Date

Monday, August 24, 2026

IPO Registrar and Book Running Lead Managers

Registrar Details
Kfin Technologies Ltd.
Email: sumax.ipo@kfintech.com
Tel: 040-79615565

Book Running Lead Manager
GYR Capital Advisors Pvt.Ltd.

Sumax Engineering Contact Details
Plot No.45, Shanthinikethan Colony, Mahendra Hills, East
Marredpally, Secunderabad, Telangana, 500026.
Email: compliance@sumaxindia.com
Phone: +91 78931 66698

Sumax Engineering Business Model

The company earns its revenue through manufacturing and trading of a diverse range of products tailored for the Automotive OEM (Original Equipment Manufacturer) Market and Auto Refinish Market.

Sumax Engineering Growth Trajectory

Sumax Engineering’s Total Income for FY26 was ₹148.34 crore, whereas in FY25 and FY24 it was ₹147.18 crore and ₹131.54 crore, respectively.

The Profit After Tax for FY26 was ₹12.76 crore, whereas in FY25 and FY24 it was ₹9.98 crore and ₹7.43 crore, respectively.

Their EBITDA for FY26 was ₹19.08 crore, whereas in FY25 and FY24 it was ₹15.03 crore and ₹11.62 crore, respectively.

Sumax Engineering Market Position

The company’s reach goes beyond India, with a strong presence in nearly every state, driving sales nationwide. They also have a global footprint in countries like Thailand, South Korea, Russia, Turkey, China, Vietnam, the USA, Saudi Arabia andTaiwan.

As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹148.34 crore, ₹12.76 crore, and ₹19.08 crore, respectively.

How to apply for Sumax Engineering IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.