IPO market

Sumax Engineering IPO is a SME IPO. Issue size is ₹53 Cr. Price band is ₹95 to ₹101 per share. Minimum investment is ₹2.42 L. Lot size is 1200 shares. Open from 25 Aug 2026 to 28 Aug 2026. on 31 Aug 2026. Listing on 2 Sept 2026 at NSE. Managed by GYR Capital Advisors Pvt.Ltd. Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, , and listing in one place.
Live IPO subscription for Sumax Engineering IPO across categories. Total demand ₹58.45 Cr vs offered ₹33.94 L.
Official documents: RHP.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 9,74,400 | 11,81,78,400 | 121.28 |
| NII | 7,27,200 | 19,71,19,200 | 271.07 |
| NII (>10L) | 4,84,800 | 15,32,68,800 | 316.15 |
| NII (<10L) | 2,42,400 | 4,38,50,400 | 180.90 |
| Retail | 16,92,000 | 26,89,94,400 | 158.98 |
| Total | 33,93,600 | 58,44,94,800 | 172.23 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 133 | 13,829 | 103.98 |
| HNI (3-10L) | 67 | 11,042 | 164.81 |
| Retail | 705 | 112,081 | 158.98 |
| Employee | - | 59 | - |
| Total | 905 | 137,011 | 151.39 |
How to read QIB / NII / Retail demand and what it implies.