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 issue size is ₹53 lakhs 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 will open for subscription on 25 August 2026 and close on 28 August 2026. You can apply once the IPO opens through your broker's trading platform, internet banking, or UPI apps.

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. Applications will be accepted once the IPO opens.

Question 5

When is Sumax Engineering Limited IPO allotment?

Accepted Answer

The Sumax Engineering Limited IPO allotment is expected 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 is expected to be listed on 02 September 2026 on BSE and NSE. 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

What is the estimated profit on Sumax Engineering Limited IPO for retail investors?

Accepted Answer

Based on the current Grey Market Premium (GMP) of ₹30, the estimated profit for retail investors is approximately 29.7% or ₹30 per share. For one lot (1200 shares), the potential listing gain would be around ₹36,000. However, please note that GMP is not guaranteed and actual listing price may differ. Listing gains depend on market conditions, demand-supply, company fundamentals, and overall market sentiment on listing day.

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

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