The initial public offering (IPO) of Sumax Engineering Ltd, a small and medium enterprise (SME) on the NSE SME platform, opens for public subscription today, 25 August 2026, and will remain open until 28 August 2026. The company has set a price band of ₹95 to ₹101 per equity share, inviting retail and institutional investors alike to participate in its maiden offering.
Operating in the automotive space, Sumax Engineering Ltd is engaged in manufacturing and trading a diverse range of products tailored for the automotive OEM and auto refinish markets, offering everything from compounding pads to masking films and buffing accessories ([nsearchives.nseindia.com](https://nsearchives.nseindia.com/emerge/corporates/content/Registration_30032026223719_FinalDRHP.pdf?utm_source=openai)).
Notably, the issue does not include an anchor investor allotment—a point that differentiates it from many recent SME offerings and may be of interest to investors assessing the level of institutional participation in the issue.
| Opens | 25 Aug 2026 |
| Closes | 28 Aug 2026 |
| Price Band | ₹95–₹101 |
| Lot Size | 1,200 shares |
No anchor investor allotment has been reported for this issue - this is typical for SME IPOs, which do not always carry an anchor round.
Follow live GMP and subscription numbers on the Sumax Engineering Ltd IPO page while the issue is open.