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The Economic Times
The Economic Times
Business
Ritesh Presswala

Sumax Engineering shares list at 10% premium over IPO price on NSE SME platform

NSE IPO

Sumax Engineering shares made their stock market debut on Wednesday, listing at a premium of 10% over the IPO price. The stock opened at Rs 111 apiece on the NSE SME platform, marking a premium 9.90 % over the issue price of Rs 101.

The Rs 53.40 crore IPO, which opened for subscription on August 25, 2026, received an overwhelming response from investors. The issue was subscribed 162.94 times overall, reflecting strong demand across investor categories.

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