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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Establishment of Manufacturing Facility Unit I in Tapukara
Funding capital expenditure for the construction of proposed Manufacturing Unit I in TAPUKARA, Rajasthan.
Establishment of Manufacturing Facility Unit II in Badli
Funding capital expenditure for the construction of proposed Manufacturing Unit II in Badli, Jhajjar district, Haryana.
Working Capital Requirements
Meeting the incremental working capital requirements of the company to support operational expansion.
General Corporate Purposes
Funding general corporate requirements from the remaining net proceeds of the fresh issue.
(₹ in Crore)
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Sumax Engineering Limited, established in 1994, is an Indian automotive components manufacturer and distributor specializing in solutions for original equipment manufacturers (OEMs) and the auto refinishing sector. The company operates two manufacturing facilities located in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana. Its product portfolio encompasses specialized adhesive tapes, pre-taped masking films, precision die-cut components, rubbing and polishing compounds, buffing pads, reflective graphics, and protective paint films. Beside its manufacturing operations, the enterprise runs a dedicated trading division focused on bodyshop consumables and industrial tools. This includes pneumatic and electrical equipment, abrasive sheets and discs, aerosol supplies, and professional detailing items. Sumax has secured strategic distribution partnerships with global industry leaders such as Nichiban, Soft99, and Indasa to supply international-grade products across India. The firm distributes its products across 26 Indian states and union territories, serving automotive OEMs, authorized body workshops, and aftermarket distributors. Additionally, Sumax exports its solutions internationally to markets including the United States, Russia, South Korea, Thailand, Turkey, China, Saudi Arabia, Taiwan, and Vietnam. Proceeds from the fresh issue will fund the establishment of new production facilities in Tapukara, Rajasthan, and Badli, Haryana, alongside working capital needs.
Prior to the public issue opening, Sumax Engineering raised 14.50 crore by allocating 14,35,200 equity shares to anchor investors at the upper price band of 101 per share.
Source: RHP • Analysis provided for informational purposes
Last Updated: 2 September 2026, 7:31 AM
Sustained Profitability and Revenue Scale
The company has demonstrated consistent profit growth over recent years, with profit after tax reaching 12.76 crore in fiscal 2026 alongside improving operating margins.
Wide Geographic and Customer Distribution
Sumax operates two strategic manufacturing hubs and maintains a distribution network spanning 26 Indian states as well as exports to 9 international markets.
Established Global Brand Partnerships
The business has forged long-term technical and commercial collaborations with renowned international suppliers including Nichiban, Soft99, and Indasa.
High Raw Material Import Dependency
The business relies heavily on imported raw materials and traded products, exposing operations to currency volatility and global supply chain disruptions.
Customer Concentration Exposure
A significant share of total revenue is derived from a limited set of key automotive OEM and refinish clients, making earnings sensitive to client retention.
Automotive Industry Cyclicality
Demand for automotive consumables and refinish products is directly tied to vehicle production volumes and economic conditions in the broader auto sector.
Sumax Engineering Limited
Plot No. 45, Shanthinikethan Colony, Mahendra Hills, East Marredpally, Secunderabad, Telangana - 500026, India
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