Minimum Investment
₹121,200
Price Range
₹95 to ₹101
Lot Size
1200 shares
Issue Size
₹53 Cr
About the Company
Incorporated in 1994, Sumax Engineering Limited is engaged in providing engineering and infrastructure solutions, with a focus on execution of industrial and construction-related projects. It offers services across various sectors including civil engineering, fabrication, and project management.
Bookbuilding IPO
IPO Objectives
- 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 of the company General corporate purposes
Important Dates
| Bid/Offer Opens On | 25-08-2026 |
| Bid/Offer Closes On | 28-08-2026 |
| Finalisation of Basis of Allotment | 31-08-2026 |
| Initiation of Refunds | 01-09-2026 |
| Credit of Shares to Demat | 01-09-2026 |
| IPO Listing Date | 02-09-2026 |
Grey Market Premium (GMP)
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Registrar
Kfin Technologies Ltd.
Lead Managers
- GYR Capital Advisors Pvt.Ltd.
Company Promoters
- Sudeep Mehta and Smriti Mehta.
