Sumax Engineering IPO Subscription Status
Final figures at close of bidding: 2 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 121.28x |
| NII | 270.7x |
| sNII (₹2L–₹10L) | 180.9x |
| bNII (above ₹10L) | 315.6x |
| Retail (RII) | 158.98x |
| Total | 162.94x |
Bidding day 4
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0x | 2.91x | 1.97x | 5.77x | 3.24x |
| Day 2 | 0x | 10.03x | 4.99x | 17.44x | 9.63x |
| Day 3 | 2.22x | 23.42x | 16.3x | 34.66x | 20.8x |
| Day 4 | 121.28x | 180.9x | 315.6x | 158.98x | 162.94x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Bidding in the Sumax Engineering IPO ran across 4 recorded days: overall subscription stood at 3.24× at the close of day 1, read 9.63× at the end of day 2, read 20.8× at the end of day 3, and finished at 162.94× on day 4. On the final day it was non-institutional investors (NII) driving the book, at 270.7× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 4, when the overall multiple moved from 20.8× to 162.94×.
Category detail
Institutional demand closed at 121.28× of the QIB quota. Non-institutional investors came in at 270.7×, split 180.9× in the small-NII bucket (bids under ₹10 lakh) and 315.6× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 158.98× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 270.7× and qualified institutional buyers (QIB) at the bottom at 121.28×.
What the multiple means for allotment
A retail multiple of 158.98× means bids in the category outnumbered the shares set aside for it roughly 158.98 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1200 shares — ₹1,21,200 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Sumax Engineering IPO open and close?
- The Sumax Engineering IPO opens on 25 Aug 2026 and closes on 28 Aug 2026.
- How many times was the Sumax Engineering IPO subscribed?
- The Sumax Engineering IPO was subscribed 162.94 times in total across all investor categories.
- What is the reservation split in the Sumax Engineering IPO?
- Of the total shares offered, retail investors get 33.7%, QIBs 19.41% (plus 28.59% anchor), non-institutional investors 14.48%.