Sumax Engineering IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 131.54 | 147.18 | 148.34 |
| Expense | 121.52 | 133.75 | 132.10 |
| Profit (PAT) | 7.43 | 9.98 | 12.76 |
| Total Assets | 54.00 | 66.14 | 84.81 |
Promoters: Sudeep Mehta and Smriti Mehta
Strengths & Risks
- Strong grey-market premium — +30% over the issue price.
- Grey-market premium is trending up during the bidding window.
- Solid profit margin — 8.6%.
- Strong return on equity — 21%.
- Low leverage — debt/equity of 0.21.
Risk signals for Sumax Engineering will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
| Purpose | Amount (Cr) |
|---|---|
| Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan | 4.89 |
| 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 | 16.62 |
| Funding working capital requirements of the company | 12.00 |
| General corporate purposes | - |
Resources & Documents
Sumax Engineering Ltd., Plot No.45, Shanthinikethan Colony,, Mahendra Hills,, East Marredpally,, Secunderabad, Telangana, 500026
Sumax Engineering has set a price band of Rs 95–Rs 101 per share for an issue size of Rs 53 crore. The SME issue is scheduled to open for subscription on August 25, 2026 — 5 days from now.
The issue is promoted by Sudeep Mehta and Smriti Mehta with GYR Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Ka… (Rs 5 crore) and Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sec… (Rs 17 crore).
Grey market is quoting a premium of +Rs 30 (+29.7% over issue price).
On fundamentals, the company is posting revenue growth of 0.8%, a profit margin of 8.6%, return on equity of 20.7% in its most recent reported period.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Sumax Engineering IPO GMP — What It Means
The latest grey market premium for Sumax Engineering IPO is ₹30 (+29.7%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Sumax Engineering it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Sumax Engineering GMP history and trend, or learn how grey market premium works and how reliable it is.
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