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Sumax Engineering IPO Subscription Status

The Sumax Engineering IPO has been subscribed 151.74x times overall. Retail investors have shown interest with bids for 158.98x the shares available. The Non-Institutional Investor (NII) category has been subscribed 198.39x. Within NII, Big HNI (B-HNI) subscribed 231.38x and Small HNI (S-HNI) subscribed 132.4x. Qualified Institutional Buyers (QIBs) have subscribed 121.28x. Data last updated on 03 Sep, 06:30 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 25 Aug, 2026 and closes on 28 Aug, 2026. The shares are expected to list on stock exchanges on 02 Sep, 2026.

Total Subscription
151.74 x

1,35,999 applications

QIB 121.28x
NII 198.39x
Retail 158.98x
Employee 1.06x

Live Bidding

Category Bid Details TIMES
QIB
11,81,78,400
of 9,74,400
60 applications
121.28x
NII
19,71,19,200
of 9,93,600
24,828 applications
198.39x
Retail
26,89,94,400
of 16,92,000
1,11,050 applications
158.98x
Employee
2,02,800
of 1,92,000
61 applications
1.06x
TOTAL
58,44,94,800
1,35,999 applications
-
151.74x

Last Updated: 03 Sep 2026, 06:30 PM

Sumax Engineering IPO Basis of Allotment

Final figures published by the registrar, after technical rejections. Allotment price ₹101.

FINAL
Applications
1,36,009
Allottees
1,035
Overall Odds
1 in 131
Amount Collected
₹5,893 Cr
Category Apps Got Odds
QIB
49.85x subscribed
70 68 1 in 1.0
Ex. Anchor
60 58 1 in 1.0
Anchor
10 10 All
NII (HNI)
270.39x subscribed
24,828 201 1 in 124
bNII >₹10L
13,818 134 1 in 103
sNII <₹10L
11,010 67 1 in 164
Retail
157.52x subscribed
1,11,050 705 1 in 158
Employees
1.09x subscribed
61 61 All
TOTAL
116.21x subscribed
1,36,009 1,035 1 in 131
Subscription Insights

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 159 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 121.28x. This often signals long-term confidence from professional funds.

Day-wise Subscription History

Subscription trends over the last 4 days

Date Total
28 Aug 2026 DAY 4
151.74x
QIB 121.28x
NII 198.39x
Retail 158.98x
27 Aug 2026 DAY 3
19.31x
QIB 2.22x
NII 13.91x
Retail 34.4x
26 Aug 2026 DAY 2
8.91x
QIB -x
NII 5.13x
Retail 17.15x
25 Aug 2026 DAY 1
-
QIB -x
NII -x
Retail -x
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Sumax Engineering IPO Allotment Probability

Retail (up to ₹2 L)
1 in 79
~1.3% chance per PAN — 111,050 applicants for 1,410 allotment slots. Winners get exactly 1 lot (₹1.2 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 80
~1.3% chance — 11,010 applicants for 138 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.4 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 227
~0.4% chance — 13,818 applicants for 61 allotment slots. Lottery allots the minimum B-HNI application of 9 lots (₹10.9 L) per winner; the rest is proportionate.
QIB (institutions)
121.28x
Proportionate allotment — at 121.28x, institutions receive ~0.8% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of Sumax Engineering IPO?

As of IPO close date (28 Aug, 2026), the Sumax Engineering IPO is subscribed 151.74x times. Retail category is 158.98x, and NII is 198.39x subscribed.

When is the allotment date for Sumax Engineering IPO?

The allotment for Sumax Engineering IPO is expected to be finalized on 31 August, 2026.

What is the GMP of Sumax Engineering?

The Grey Market Premium (GMP) for Sumax Engineering is currently ₹22, indicating a potential listing gain of 21.78%.

When will Sumax Engineering IPO list on the stock market?

Sumax Engineering is scheduled to list on BSE and NSE on 02 September, 2026.

What are the chances of getting allotment in Sumax Engineering IPO?

The retail category is oversubscribed at 158.98x, meaning allotment is by lottery. Statistically, approximately 1 in 159 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 121.28x mean for Sumax Engineering IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 121.28x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Sumax Engineering IPO allotment status?

After the allotment date (31 Aug, 2026), you can check your Sumax Engineering IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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