Sumax Engineering IPO Details
The Sumax Engineering IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,42,400 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,42,400.
For Small Non-Institutional Investors (S-HNI), the minimum application is 3 lots (3600 shares) with an investment of ₹3,63,600. while the maximum application is 8 lots (9600 shares) amounting to ₹9,69,600..
For Big Non-Institutional Investors (B-HNI), the minimum application size is 9 lots (10800 shares), requiring an investment of ₹10,90,800.
Sumax Engineering IPO Investment Details
- IPO Lot Size: 1,200 Shares
- Minimum Retail Investment: ₹2,42,400.
- Maximum Retail Investment: ₹2,42,400 (2 Lots)
- Minimum S-HNI Investment: ₹3,63,600 (3 Lots)
- Maximum S-HNI Investment: ₹9,69,600 (8 Lots)
- Minimum B-HNI Investment: ₹10,90,800 (9 Lots)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Sumax Engineering IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 242,400.00 |
| Retail (Max) | 2 | 2,400 | 242,400.00 |
| S-HNI (Min) | 3 | 3,600 | 363,600.00 |
| S-HNI (Max) | 8 | 9,600 | 969,600.00 |
| B-HNI (Min) | 9 | 10,800 | 1,090,800.00 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is Sumax Engineering IPO Lot Size?
Sumax Engineering IPO lot size is 1200 shares. Retail investors need a minimum investment of ₹242400 based on the upper price band of ₹101 per share.
When Will the Sumax Engineering IPO be Listed?
Sumax Engineering IPO is tentatively scheduled to be listed on the NSE on Wed, Sep 2, 2026, subject to regulatory approvals and the successful completion of the IPO process.
What is the minimum investment required for the Sumax Engineering IPO?
The minimum investment required for the Sumax Engineering IPO is ₹242400. This amount is based on applying for two lots of 1200 shares at the upper price band of ₹101 per share.
What is the maximum investment allowed for retail investors in the Sumax Engineering IPO?
Retail investors can apply for a maximum of 2 lots, equivalent to 2400 shares, requiring an investment of ₹242400.
What is the minimum investment for HNI investors in the Sumax Engineering IPO?
For the Sumax Engineering IPO,the minimum investment for Small HNI (S-HNI) investors is ₹363600, which corresponds to 3 lots (3600 shares). Big HNI (B-HNI) investors must apply for a minimum of 9 lots (10800 shares), requiring an investment of ₹1090800 at the upper price band of ₹101 per share.