Question 1

What is the Sumax Engineering Limited IPO?

Accepted Answer

The Sumax Engineering Limited IPO is an SME (Small and Medium Enterprise) Initial Public Offering where Sumax Engineering Limited is offering its shares to the public for the first time. The total issue size is ₹53.40 Cr with a price band of ₹95-101. This allows retail and institutional investors to become shareholders in the company.

Question 2

When will Sumax Engineering Limited IPO open?

Accepted Answer

The Sumax Engineering Limited IPO was open from 25 August 2026 to 28 August 2026. The subscription period has now ended.

Question 3

What is the lot size of Sumax Engineering Limited IPO?

Accepted Answer

The lot size for Sumax Engineering Limited IPO is 1200 shares, which means the minimum investment required is approximately ₹1,21,200 (1200 shares × ₹95-101). Retail investors can apply for one or more lots, but applying for a single lot typically gives better allotment chances during oversubscription.

Question 4

How to apply for Sumax Engineering Limited IPO?

Accepted Answer

You can apply for the Sumax Engineering Limited IPO through multiple channels: 1) Online broker platforms like Zerodha, Groww, Angel One, Upstox (most convenient); 2) Internet banking using ASBA facility; 3) Through your bank branch. You'll need a Demat account, linked bank account, PAN card, and sufficient funds. The application process involves selecting the IPO, choosing number of lots, selecting bid price (or cutoff), and authorizing the payment via UPI mandate.

Question 5

When is Sumax Engineering Limited IPO allotment?

Accepted Answer

The Sumax Engineering Limited IPO allotment was completed on Expected 5-7 days after closing. You can check your allotment status on the registrar's website (Link Intime, KFintech, or Bigshare) using your PAN number, application number, or Demat details. Allotted shares will be credited to your Demat account before the listing date. If you don't get allotment, your blocked amount will be unblocked automatically.

Question 6

When is Sumax Engineering Limited IPO listing date?

Accepted Answer

The Sumax Engineering Limited IPO was listed on 02 September 2026. On listing day, shares will start trading on the stock exchanges, and you can sell your allotted shares or hold them for long-term investment based on your strategy. Listing price depends on market demand and may be above, below, or at the issue price.

Question 7

Was GMP of Sumax Engineering Limited IPO reliable?

Accepted Answer

The Grey Market Premium (GMP) for Sumax Engineering Limited IPO was ₹32 before listing. The actual listing price was ₹111, giving a listing gain of 9.9% (₹10 per share). The listing performance was lower than GMP suggested, showing that GMP was overestimated. This demonstrates that while GMP can be an indicator, it's not always accurate and should be used alongside fundamental analysis.

Question 8

How much profit have I made if I held Sumax Engineering Limited IPO after allotment?

Accepted Answer

If you were allotted shares at the issue price of ₹101 and held them until now, your current gain is -6.9% (₹-7 per share). For one lot of 1200 shares, your loss would be ₹8,400. On listing day, the stock opened at ₹111 (9.9% gain). The stock has corrected from listing day highs. Remember, past performance doesn't guarantee future results, and investment decisions should be based on the company's fundamentals and your investment goals.

Application	Lots	Shares	Amount
Individual(min) Individual Investors for SME IPO - Investment up to ₹2 lakhs (min 2 lots)	2	2,400	₹2.42L
Individual(max) Individual Investors for SME IPO - Investment up to ₹2 lakhs (min 2 lots)	2	2,400	₹2.42L
SHNI(min) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	3	3,600	₹3.64L
SHNI(max) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	8	9,600	₹9.70L
BHNI(min) Big HNI - Investment above ₹10 lakhs	9	10,800	₹10.91L
Employee(min) Employee Reservation	2	2,400	₹2.28L
Employee(max) Employee Reservation	4	4,800	₹5.00L

Category	Subscribed	Applications	Shares applied
QIB	121.28x	79 / 812	11,81,78,400
NII	271.07x	24,871 / 202	19,71,19,200
└─bNII

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