The much-awaited SME IPO of Sumax Engineering Ltd has finally taken shape, with the company setting a price band of ₹95 to ₹101 per share for its public offering on the NSE SME platform. Investors will need to apply in lots of 1,200 shares, which sets the minimum retail investment at ₹1,21,200—making this an accessible yet significant opportunity for small and medium enterprise IPO participants.
The issue is scheduled to open for subscription on 25 August 2026 and will remain live until 28 August 2026. During this brief window, interested investors can evaluate the company’s credentials and secure their allocation at the defined price band.
Sumax Engineering operates in the automotive sector, specialising in manufacturing an extensive range of car care and body shop products for OEMs and aftermarket clients—a one‑stop solution with over 900 offerings across categories like adhesives, polishing compounds, sanding tools and abrasive consumables ([sumaxindia.com](https://sumaxindia.com/?utm_source=openai)).
| Price Band | ₹95–₹101 |
| Lot Size | 1,200 shares |
| Minimum Investment (Retail) | ₹1,21,200 |
| Issue Opens | 25 Aug 2026 |
| Issue Closes | 28 Aug 2026 |
| Exchange | NSE SME |
Track live GMP and subscription numbers as the issue approaches on the Sumax Engineering Ltd IPO page.
Price bands and dates are as announced and may be revised by the company or exchange before the issue opens.