IPO

Breaking: Sumax Engineering Limited IPO Subscribed 54.10x — Crosses 50x on 28 August 2026

Quick answer

Sumax Engineering Limited (SUMAX) IPO is now subscribed 54.10 times as of 12:30 pm IST. Price band, issue dates, issue size and the rest of the live IPO book.

TrendRipperX Data DeskPublished 28 Aug 2026, 7:00 amUpdated 31 Aug 2026, 11:05 am 2 min read
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Breaking: Sumax Engineering Limited IPO Subscribed 54.10x — Crosses 50x on 28 August 2026

Quick summary

Subscription

54.10x

Price band

Sumax Engineering Limited IPO crosses 50x

The SME issue of Sumax Engineering Limited (SUMAX) is subscribed 54.10 times as of 12:30 pm IST, read directly from the exchange IPO bid book.

DetailValue
IssueSumax Engineering Limited (SUMAX)
SegmentSME
Price bandTo be announced
Open – close25-Aug-2026 to 28-Aug-2026
Issue size
Subscription so far54.10x

Other issues open now

IssueSegmentPrice bandSubscribed
Annu Projects LimitedMainboard₹94 to ₹991.21x
Lumino Industries LimitedMainboard₹78 to ₹821.69x
ESDS Software Solution LimitedMainboard₹408 to ₹4290.72x
Priority Jewels LimitedMainboard₹190 to ₹2000.57x

What the subscription number tells you

Times-subscribed is total bids against shares on offer across the retail, non-institutional and institutional books. Heavy oversubscription reduces the odds of a retail allotment — allotment moves to a lottery once the retail portion is oversubscribed — and it says nothing on its own about valuation. The figure that matters is at issue close, and grey market premium remains an unofficial, unregulated indicator.

Key takeaways

  • Subscription: 54.10x — higher at the time of writing
  • Price band:

About this report

Every figure on this page is read from a primary source at the timestamp shown — exchange boards for equities and indices, the exchange bid book for IPOs, published association rates for bullion, and consolidated exchange quotes for crypto — with no estimation or third-party commentary. Historical fields such as trailing returns and 52-week extremes are computed on the adjusted daily series so splits and bonuses do not create false gaps. A timestamp outside market hours reflects the last traded or last published value, not a live tick.

Sources

This report is generated automatically from live exchange and official association data at the time stamped above. Prices move continuously — verify on the source before acting. Nothing here is investment advice.

Editorial desk
#Breaking News#IPO#Sumax Engineering Limited#IPO Subscription#IPO Today

Frequently asked questions

Why is breaking: Sumax Engineering Limited IPO Subscribed 54.10x — Crosses 50x on 28 August 2026 making headlines?

Sumax Engineering Limited (SUMAX) IPO is now subscribed 54.10 times as of 12:30 pm IST. Price band, issue dates, issue size and the rest of the live IPO book.

What are the details of sumax Engineering Limited IPO crosses 50x?

The SME issue of Sumax Engineering Limited (SUMAX) is subscribed 54.10 times as of 12:30 pm IST, read directly from the exchange IPO bid book.

What the subscription number tells you?

Times-subscribed is total bids against shares on offer across the retail, non-institutional and institutional books. Heavy oversubscription reduces the odds of a retail allotment — allotment moves to a lottery once the retail portion is oversubscribed — and it says nothing on its own about valuation.

What does key takeaways mean for investors?

Subscription: 54.10x — higher at the time of writing. Price band: —.

How significant is about this report?

Every figure on this page is read from a primary source at the timestamp shown — exchange boards for equities and indices, the exchange bid book for IPOs, published association rates for bullion, and consolidated exchange quotes for crypto — with no estimation or third-party commentary.

What does sources mean for investors?

NSE India IPO issue and bid details — nseindia.com. TrendRipperX IPO today.

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