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Sumax Engineering Ltd

Sumax Engineering Ltd

    Registered Office : No.45 Shanthinikethan Colony,Mahendra Hills East Mareredp.,Secunderabad Telangana 500026 Phone : +91 78931 66698
    Fax :

    Email : compliance@sumaxindia.com

    Website : www.sumaxindia.com

Initial public offering up to 53,00,000 equity shares of Rs. 10/- each ("Equity Shares")of Sumax Engineering Limited ("SEL" or the "Company" or "Issuer") for cash at a price of Rs. [*] /- per equity share (the "Offer Price"), aggregating to Rs. [*] Crores ("The Offer"), comprising a fresh offer of up to 43,00,000 equity shares aggregating to Rs. [*] Crores by the company ("Fresh Offer") and an offer for sale of up to 10,00,000 equity shares by Sudeep Mehta and Vimla Mehta ("The Selling Shareholders") aggregating to Rs. [*] Crores ("Offer For Sale") out of the offer, [*] equity shares aggregating to Rs. [*] Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and upto 2,10,000 equity shares aggregating up to Rs. [*] Crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The offer less the market maker reservation portion and employee reservation portion i.e. Offer of [*] equity shares of face value of Rs. 10.00/- each at an offer price of Rs. [*] /- per equity share aggregating to Rs. [*] Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute [*]% and [*]%, respectively of the post offer paid up equity share capital of the company. The price band will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

01-Jan-1970

Money Payable On

Application

Allotment

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0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

0.00

0.00

0.00

GYR Capital Advisors Private Limited

Projects
  • Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh
  • Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sector 11, Model Economic Township, Village - Nimana, Tehsil Badli, District
  • Funding working capital requirements of the company
  • General corporate purposes
Promoted By
  • Sudeep Mehta
  • Smriti Mehta
Listing At
  • NSE - SME
Registrar to the Issue
  • KFin Technologies Ltd