SME Offering closed 🟢 Last Updated: 02 Sept, 6:16 pm IST

Sumax Engineering

NSE/BSE Symbol: SUMAX Overall Subscription: 1.2x

GREY MARKET PREMIUM (GMP)*

₹22 +21.78% Indicative Listing Gain*

Est. Listing Price*: ₹123

* Indicative quote based on unofficial grey market updates. Last Fetched: 02 Sept, 6:16 pm IST.

Price Band ₹101 - ₹101

Lot Size 1100 Shares

Issue Size ₹13.33 Cr

Min. Retail Investment ₹1,11,100

🧮 Interactive Lot Calculator 🔗 Official Allotment Status Link

About Sumax Engineering

Sumax Engineering is an established Indian enterprise operating across domestic and global markets. The company is raising capital through this public issue for expansion, working capital, and strategic growth.

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Interactive IPO Investment & Listing Estimator*

Calculate application amount, shares, indicative listing gains & lottery allotment chances

SME Tier

Investor Category

Number of Lots to Apply 1100 Shares

Bid Price (₹ / Share)

Cut-Off: ₹101

🎲 Retail Allotment Probability 93% Chance

Ratio: 1 in 1.1 Applicants (Retail Demand: 1.08x)

Mathematical estimation based on lottery draw allocation rules.

APPLICATION ESTIMATE

Total Applied Shares: 1100

Total Application Amount: ₹1,11,100

Current Grey Market Premium (GMP): ₹22 / share

Est. Listing Price*: ₹123

INDICATIVE LISTING GAIN ESTIMATE*

+₹24,200 (+21.8%)

* Calculation is mathematical arithmetic based on prevailing unofficial GMP quotes. Grey market rates carry no official guarantee and do not ensure listing gains.

📈 GMP Trend & Market Session History

Captured 4× Daily

Track how unofficial grey market premium quotes evolved across daily market sessions (Morning, Mid-Day, Evening, Post-Close).

Market Session	Captured GMP (₹)	Est. Gain (%)	Trend Direction
01 Sep, 04:39 PM IST	₹30	+29.7%	⚪ Baseline
01 Sep, 05:19 PM IST	₹30	+29.7%	➖ Flat
01 Sep, 06:16 PM IST	₹30	+29.7%	➖ Flat
02 Sep, 09:09 AM IST	₹22	+21.78%	📉 Down (-₹8)
02 Sep, 09:17 AM IST	₹22	+21.78%	➖ Flat
02 Sep, 12:36 PM IST	₹22	+21.78%	➖ Flat
02 Sep, 01:39 PM IST	₹22	+21.78%	➖ Flat
02 Sep, 04:39 PM IST	₹22	+21.78%	➖ Flat
02 Sep, 05:19 PM IST	₹22	+21.78%	➖ Flat
02 Sep, 06:16 PM IST Latest	₹22	+21.78%	➖ Flat

* Note: Grey market figures represent periodic broker sampling across scheduled daily sessions, not continuous real-time quotes. Rates are subject to rapid OTC volatility.

📊 Latest Bidding Subscription Multiples

Total: 1.2x 🕒 Snapshot: 02 Sept, 6:16 pm IST

Exchange bidding demand as of 02 Sept, 6:16 pm IST across Qualified Institutional, HNI, and Retail investor quotas.

Qualified Institutional Buyers (QIB) 2.16x

Non-Institutional Investors (NII / HNI) 1.44x

Retail Individual Investors (RII) 1.08x

Financial Summary (in ₹ Crore)

Financial Metric	Latest Value (₹ Cr)	Health Indicator
Total Revenue	₹31.99 Cr	Profitable
Profit After Tax (PAT)	₹3.84 Cr	Positive Margin
Net Worth	₹20.79 Cr	Adequate Capital

❓ Frequently Asked Questions about Sumax Engineering

What is the lot size for Sumax Engineering IPO? ▾

The minimum market lot for Sumax Engineering IPO is 1100 shares, requiring a minimum retail application of approximately ₹111,100.

What is the current Grey Market Premium (GMP) of Sumax Engineering IPO? ▾

As per current market updates, the Grey Market Premium (GMP) of Sumax Engineering IPO is ₹22 per share, indicating an estimated listing price of ₹123 (21.8% listing gain).

Who is the official registrar for Sumax Engineering IPO? ▾

KFintech is the official registrar for Sumax Engineering IPO. You can check your allotment status directly on their online portal.