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Back Office| Sumax Engineering Ltd |
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| Registered Office: No.45 Shanthinikethan Colony, Mahendra Hills East Mareredp., Secunderabad - 500026, Telangana |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| Initial public offering 52,87,200 equity shares of face value of Rs. 10/- each ("Equity Shares")of Sumax Engineering Limited ("SEL" or the "Company" or "Issuer") for cash at a price of Rs. 101 per equity share (the "Offer Price"), aggregating to Rs. 53.40 Crores ("The Offer"), comprising a fresh offer of 42,91,200 equity shares aggregating Rs. 43.34 Crores by the company ("Fresh Offer") and an offer for sale of 9,96,000 equity shares by Sudeep Mehta and Vimla Mehta ("The Selling Shareholders") aggregating to Rs. 10.06 Crores ("Offer For Sale"). Out of the offer 2,66,400 equity shares aggregating to Rs. 2.69 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and 1,92,000 equity shares aggregating to Rs. 1.94 Crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The offer less the market maker reservation portion and employee reservation portion i.e. Offer of 48,28,800 equity shares of face value of Rs. 10/- each at an offer price of Rs. 101 per equity share aggregating to Rs. 48.77 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: Rs. 101/- per equity share of face value of Rs. 10/- each. The floor 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-2026 | 28-Aug-2026 | 101.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 39.31 |
| Project Financed through Current Offer | 53.40 |
| Post Issue Equity Share Capital | 19.02 |
| Issue Price | 101.00 |
| Projects |
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| Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh |
| 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 |
| Funding working capital requirements of the company |
| General corporate purposes |
| Promoted By |
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| NSE - SME |
| Registrar to the Issue |
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| KFin Technologies Ltd |