Sumax Engineering Share Price: Stock Lists at 9.90% Premium on NSE

On September 2, 2026, Sumax Engineering Ltd. shares made a strong debut on the stock exchanges, listing at ₹111 on the NSE, reflecting a 9.90% premium to the upper end of the issue price band of ₹95-₹101 per share. 

Sumax Engineering IPO Overview 

Sumax Engineering Limited's ₹53.40 crore book-built IPO, comprising a ₹43.34 crore fresh issue and a ₹10.06 crore offer for sale, was priced between ₹95 and ₹101 per share. With a standard lot size of 1,200 shares, the offering was heavily oversubscribed 162.94 times during the subscription period of August 25-28, 2026, with allotment finalized on August 31, 2026. GYR Capital Advisors Limited acted as the book running lead manager, while KFin Technologies Limited served as the registrar for the issue. 

Business Overview of Sumax Engineering 

Sumax Engineering Limited manufactures and supplies automotive products for the OEM and auto refinish markets, having been incorporated in 1994. Headquartered in India with its registered office in Secunderabad, Telangana, the company produces adhesive tapes, die-cuts, rubbing and polishing compounds, buffing pads, reflective tapes, printing solutions, car care products, and Paint Protection Films (PPF). It also trades in electrical and pneumatic tools, abrasives, body shop consumables, and automotive accessories. The company operates two manufacturing units: one at SIPCOT Industrial Park, Sriperumbudur, Tamil Nadu, and another at IMT Manesar, Haryana. 

Financial Overview of Sumax Engineering 

Sumax Engineering Ltd. demonstrated steady growth in its financial performance up to March 2026. Total revenue from operations increased to ₹147.69 crore in FY26 compared to ₹146.13 crore in FY25. Most notably, the company's profit after tax rose to ₹12.76 crore in FY26, up from ₹9.98 crore in FY25. The company operates efficiently with healthy operational performance, reporting an EBITDA of ₹19.08 crore for FY26. 

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Sumax Engineering Share Price Performance 

As of September 02, 2026, at 10:11 AM, Sumax Engineering share price on NSE was trading at ₹112.10, up by 10.99% from the IPO issue price of ₹101.00. 

Conclusion 

Sumax Engineering shares debuted strong on the NSE at ₹111, a 9.90% premium. The IPO was subscribed 162.94 times overall. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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