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Attention Investors
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  Sumax Engineering Ltd
Registered Office: No.45 Shanthinikethan Colony,Mahendra Hills East Mareredp. , Secunderabad - 500026 , Telangana , India.
Phone : +91 78931 66698   Fax:
Email :  compliance@sumaxindia.com  
Website :  www.sumaxindia.com
Initial public offering up to 52,87,200 equity shares of face value of rupee10/- each ("Equity Shares")of Sumax Engineering Limited ("SEL" or the "Company" or "Issuer") for cash at a price of rupee101 per equity share (the "Offer Price"), aggregating to rupee53.40 Crores ("The Offer"), comprising a fresh offer of up to 42,91,200 equity shares aggregating to rupee43.34 Crores by the company ("Fresh Offer") and an offer for sale of up to 9,96,000 equity shares by Sudeep Mehta and Vimla Mehta ("The Selling Shareholders") aggregating to rupee10.06 Crores ("Offer For Sale"). Out of the offer 2,66,400 equity shares aggregating to rupee2.69 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). And up to 1,92,000 equity shares aggregating up to rupee1.94 Crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The offer less the market maker reservation portion and employee reservation i.e. Issue of 48,28,800 equity shares of face value of rupee10/- each at an offer price of rupee101 per equity share aggregating to rupee48.77 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 27.94% and 25.38%, respectively of the post offer paid up equity share capital of the company. Price Band: rupee95/- to rupee101/- per equity share of face value of rupee10/- each. The floor price is 9.5 times the face value and cap price is 10.1 times the face value of equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Aug-26 28-Aug-26 Rs95.00-101.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  RsCr 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 20.02  
Issue Price Rs95.00  
 
Projects
 Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Funding working capital requirements of the company
 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 General corporate purposes
Promoted By
Listing At
 NSE - SME 
Registrar to the Issue
 KFin Technologies Ltd 
No Data Found.