Sumax Engineering Limited is a manufacturer-and-trader of automotive tapes, die-cuts, surface-finishing products, car care products and consumables for the Automotive OEM and Auto Refinish markets. The Company is entering the capital markets with its Initial Public Offering on the NSE EMERGE (SME) platform – a book-built offer of up to 52,87,200 equity shares of face value ₹10 each, comprising a fresh issue of up to 42,91,200 equity shares and an offer for sale of up to 9,96,000 equity shares, at a price band of ₹95– ₹101 per share (lot size: minimum 2,400 shares and in multiples of 1,200 equity shares thereafter).
- Issue Opens: August 25, 2026
- Issue Closes: August 28, 2026
- Face Value: Rs 10
- Price Band: Rs 95 – 101 per share
- Minimum Bid Lot: 1200 Equity Shares
- Listing: NSE EMERGE (SME)
The Company proposes to utilise the net proceeds of the fresh issue towards funding capital expenditure for the construction of a proposed manufacturing Unit I at RIICO Industrial Area, Karoli, Tapukara, Rajasthan (up to ₹488.68 lakh); construction of a proposed manufacturing Unit II at Model Economic Township, Nimana, Jhajjar, Haryana (up to ₹1,662.34 lakh); funding the working capital requirements of the Company; and general corporate purposes. The anchor investor date has been fixed as Monday, August 24, 2026. The issue will open for public subscription on Tuesday, August 25, 2026, and close on Friday, August 28, 2026. Utilisation of the net proceeds will be monitored by Care Ratings Limited.
Competitive Strengths
- The Company operates as a one-stop manufacturer-and-trader across the Automotive OEM and Auto Refinish value chain – spanning adhesive tapes and die-cuts, pre-taped masking film, rubbing and polishing compounds, buffing pads, reflective tapes, domes and graphics, car care products, abrasives, tools, body-shop consumables and aerosols – making its offering difficult to substitute.
- Its in-house manufacturing, certified to ISO 9001:2015 and IATF 16949:2016 and supported by a dedicated R&D team and testing laboratory, enables consistent quality, rapid customisation and cost control.
- Long-standing OEM relationships provide credibility, repeat business (approximately 97% of FY26 revenue from existing customers) and revenue visibility.
- A diversified portfolio, recently extended into Paint Protection Film (PPF), reduces dependency on any single product category and captures premium protection demand.
- An efficient Kanban / Just-in-Time supply chain and a pan-India presence across 26 states and union territories support timely delivery, lean working capital and reliable service, alongside an emerging export footprint.
Sumax Engineering Limited is a Secunderabad-based, integrated manufacturer-and-trader of automotive tapes, die-cuts, surface-finishing products, car care products, and consumables, operating across the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets. Incorporated in 1994 and promoter-led since inception, the Company supplies a diversified portfolio spanning adhesive tapes and die-cuts, pre-taped masking film, rubbing and polishing compounds, buffing pads, reflective tapes, domes and graphics, and car care products, complemented by traded abrasives, electrical and pneumatic tools, body-shop consumables, accessories and aerosols, and a newly introduced Paint Protection Film. The Company operates two manufacturing units – at Sriperumbudur, Chennai and IMT Manesar – and serves OEMs, refinish workshops and the trade across a pan-India distribution network of 26 states and union territories, with a growing export presence.
