Sumax Engineering IPO Subscription History

As of August 28, 2026, the Sumax Engineering IPO has been subscribed 172.04 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.

The Sumax Engineering IPO subscription window was open from August 25, 2026 to August 28, 2026. Investors could apply through their demat account or ASBA facility.

The Sumax Engineering IPO has a price band of ₹95 to ₹101 per share, with a lot size of 1,200 shares. Minimum retail investment: ₹114,000 (lower band) or ₹121,200 (upper band).

The QIB category has been subscribed 121.28 times. QIBs were offered 974,400 shares. Strong QIB subscription indicates high institutional confidence.

Overall NII: 270.67×. bNII (>₹10L): 315.60×, sNII (<₹10L): 180.80×. NII includes HNIs and corporate entities investing above ₹2 lakh.

Basis of allotment is on August 31, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

Sumax Engineering IPO is expected to list on September 02, 2026. Shares will list on NSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.

A subscription multiple of 172.04× means investors have bid for 172.04 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. If final subscription stays below 1×, all applicants are likely to get full allotment.

You can apply for Sumax Engineering IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Aug 25 to Aug 28, 2026.

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Sumax Engineering IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.