NSE List Price : ₹111.00

subscription

Category	Times
QIBs	121.28x
HNIs	271.07x
Retail	158.98x
Total : 163.01x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,400	₹242,400
Retail Maximum	2	2,400	₹242,400
S-HNI Minimum	3	3,600	₹363,600
S-HNI Maximum	8	9,600	₹969,600
B-HNI Minimum	9	10,800	₹1,090,800
Employee (Minimum)	2	2,400	₹242,400
Employee (Maximum)	4	4,800	₹484,800

About the Company

Founded in 1994, Sumax Engineering is a prominent manufacturer and trader serving the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish industries. The company operates through two key business segments: manufacturing and trading.

Its product range includes adhesive tapes and die-cuts, pre-taped masking films, rubbing and polishing compounds, buffing and foam pads, reflective tapes, domes and graphics, as well as car care products.

Sumax Engineering has two manufacturing facilities, located in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana. Through its trading operations, the company also offers electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, automotive accessories, and aerosol products.

The company has a strong distribution presence across 26 states and Union Territories in India. In addition, it caters to international markets, with its products being exported to countries such as Thailand, South Korea, Russia, Turkey, China, Vietnam, the United States, Saudi Arabia, and Taiwan.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹131.54	₹121.52	₹7.43	₹54.00
2025	₹147.18	₹133.75	₹9.98	₹66.14
2026	₹148.34	₹132.10	₹12.76	₹84.81

Company Promoter

Sudeep Mehta

Smriti Mehta

Know before investing

• • Strengths

  Experienced Management Team: The company benefits from a seasoned team of promoters, management personnel, and operating professionals with relevant expertise in the automotive OEM and auto refinish industries.

  Strong Industry Relationships: The company has developed and maintained strong relationships across the industry, which support its business operations in the automotive OEM and auto refinish segments.

• • Risks

  Raw Material Cost and Supply Risk: Volatility in raw material prices, supply chain disruptions, and restrictions on imports of key raw materials could lead to higher costs and potential delays, which may negatively impact the company’s overall financial performance.

  Manufacturing Facility Relocation Risk: The relocation of the company’s leased manufacturing facility and its integration with the proposed Manufacturing Unit II may involve operational challenges. Any disruption during this transition could adversely affect the company’s operations and business performance.

Objects of the Issue & Utilisation of proceeds

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

Company  Address

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

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: sumax.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/