IPO Synopsis
| Sumax Engineering Ltd |
|---|
| Registered Office: No.45 Shanthinikethan Colony,Mahendra Hills East Mareredp.,Secunderabad-500026, Telangana |
| Tel. No: +91 78931 66698 |
| Fax No: NA |
| Email: compliance@sumaxindia.com |
| Website: www.sumaxindia.com |
| Initial public offering up to 53,00,000 equity shares of Rs. 10/- each ("Equity Shares")of Sumax Engineering Limited ("SEL" or the "Company" or "Issuer") for cash at a price of Rs. [*] /- per equity share (the "Offer Price"), aggregating to Rs. [*] Crores ("The Offer"), comprising a fresh offer of up to 43,00,000 equity shares aggregating to Rs. [*] Crores by the company ("Fresh Offer") and an offer for sale of up to 10,00,000 equity shares by Sudeep Mehta and Vimla Mehta ("The Selling Shareholders") aggregating to Rs. [*] Crores ("Offer For Sale") out of the offer, [*] equity shares aggregating to Rs. [*] Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and upto 2,10,000 equity shares aggregating up to Rs. [*] Crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The offer less the market maker reservation portion and employee reservation portion i.e. Offer of [*] equity shares of face value of Rs. 10.00/- each at an offer price of Rs. [*] /- per equity share aggregating to Rs. [*] Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute [*]% and [*]%, respectively of the post offer paid up equity share capital of the company. The price band will be decided by the company. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 25-Aug-2026 | 28-Aug-2026 | ₹95.00 - 101.00 | |
| Minimum Application for shares in Nos : 2400.0 | Further Multiples of :1200.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | GYR Capital Advisors Private Limited |
| Project Financed through Current Offer | 50.23 | |
| Post Issue Equity Share Capital | 19.02 | |
| Issue Price | 95.00 |
| Projects |
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| Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh |
| 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 |
| Funding working capital requirements of the company |
| General corporate purposes |
| Promoted By |
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| Listing At |
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| NSE - SME |
| Registrar To The Issue |
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| KFin Technologies Ltd |
