Sumax Engineering IPO

Auto Components - Automotive Solutions - Listed on 02 September 2026

+9.9% listing gain
Issue Price (Upper)
Rs 101
Listing Price
Rs 111
Closing Price (NSE)
Rs 110.45
Total Subscription
162.96x

Sumax Engineering IPO listing summary

Sumax Engineering (Auto Components - Automotive Solutions) closed its IPO window in 2026 and listed on NSE and BSE on 02 September 2026 at an upper band issue price of Rs 101, opening at Rs 111 for a listing gain of +9.9% and closing day one at Rs 110.45 (+9.4% on closing basis). The IPO was subscribed 162.96x overall - QIB 121.28x, HNI/NII 271.03x, Retail 158.88x. The total issue size was Rs 53.4 Cr (Fresh Issue Rs 43.34 Cr, OFS Rs 10.06 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+9.90%
Listing Gain (Close)
+9.36%
Day Change After Listing
-0.50%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB121.28x
HNI / NII271.03x
Retail158.88x
Overall162.96x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 13.10x
Day 220.74x
Day 3 (Final)162.96x

Sumax Engineering IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 30+29.70%
Day 2Rs 30+29.70%
Day 3Rs 25+24.75%
Day 4Rs 35+34.65%
Day 5Rs 35+34.65%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
24.8%-34.6%
IPOGyani AI Prediction
-
Actual Listing Gain
+9.9%

Issue & financials

Issue SizeRs 53.4 Cr
Fresh IssueRs 43.34 Cr
OFSRs 10.06 Cr
IPO PE11.66
Peer / Sector PE-
PE vs Sector Ratio-
Latest EBITDA (Cr)12.86
Debt / Equity0.21

Market context at listing

How the broader market moved around the Sumax Engineering IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-1.08%
Nifty 1W Return-1.21%
Nifty 1M Return-2.85%
Nifty during IPO window-0.65%

Sumax Engineering IPO - FAQs

What was the listing gain of Sumax Engineering IPO?

Sumax Engineering IPO listed at +9.9% versus the upper issue price of Rs 101 on 02 September 2026.

How many times was Sumax Engineering IPO subscribed?

Sumax Engineering IPO was subscribed 162.96x overall. QIB portion was subscribed 121.28x, HNI / NII 271.03x and Retail 158.88x.

What was the IPO GMP for Sumax Engineering?

IPO GMP started at Rs 30 on Day 1 and moved to Rs 35 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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