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Home / IPO / Sumax Engineering
LISTEDSME16.6283% source confidence

Sumax Engineering IPO

Open 25 Aug 2026 · Close 28 Aug 2026 · Listing 2 Sep 2026

Price Band₹95.00–₹101.00
Live GMP₹22.00
Subscription151.74×
Issue Size₹53.40 Cr

IPO Objectives

Sumax Engineering IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan₹4.88 Cr
2Funding 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 Cr
3Funding working capital requirements of our company₹12.00 Cr
4General corporate purposes—
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