Three SME initial public offerings are open for subscription in the last week of August 2026: Sumax Engineering Limited, ABH Healthcare Limited and Madhur Knit Crafts Limited. Each issue is proposed to list on the NSE SME platform.
This article summarises the IPO timelines, company profiles, recent financials and stated objects of the issue.
Sumax Engineering Limited IPO
Sumax Engineering Limited, incorporated in 1994, operates in the automotive original equipment manufacturer and refinish markets through manufacturing and trading segments. Its products include adhesive tapes, die-cuts, polishing compounds, foam pads and surface care products. The company also trades electrical tools and abrasives across India and select export markets.
| IPO dates | August 25, 2026 to August 28, 2026 |
| Price band | ₹95 to ₹101 per equity share |
| Lot size | 1,200 shares; minimum retail application of 2 lots, or ₹2,42,400 at the upper price band |
| Issue size | ₹53.40 crore, comprising a fresh issue of ₹43.34 crore and an offer for sale of ₹10.06 crore |
| Proposed listing | NSE SME on September 02, 2026 |
For FY26, Sumax reported total income of ₹148.34 crore, profit after tax of ₹12.76 crore and net worth of ₹61.60 crore. The proceeds are intended for capital expenditure at proposed units in Rajasthan and Haryana, working capital requirements and general corporate purposes.
ABH Healthcare Limited IPO
ABH Healthcare Limited operates a 150-bed multi-specialty tertiary care hospital in Ferozepur, Punjab, under the Anil Baghi Hospital brand. The hospital covers around 25 medical specialties, including cardiac sciences, neurology, orthopedics, gastroenterology and emergency care.
| IPO dates | August 24, 2026 to August 27, 2026 |
| Price band | ₹96 to ₹102 per equity share |
| Lot size | 1,200 shares; minimum retail application of 2 lots, or ₹2,44,800 at the upper price band |
| Issue size | ₹34.98 crore, entirely a fresh issue of 34,29,600 shares |
| Proposed listing | NSE SME on September 01, 2026 |
For FY26, ABH Healthcare reported revenue from operations of ₹52.59 crore, profit after tax of ₹5.64 crore and total borrowings of ₹45.75 crore. The stated use of proceeds includes prepayment or partial repayment of borrowings, working capital requirements and general corporate purposes.
Madhur Knit Crafts Limited IPO
Madhur Knit Crafts Limited, established in 1997, operates in the textile and apparel sector. The company manufactures knitted and crocheted fabrics, winterwear products, blankets and home-furnishing textiles. It caters to domestic retail channels and clothing brands through integrated knitting and processing infrastructure.
| IPO dates | August 24, 2026 to August 27, 2026 |
| Price band | ₹95 to ₹100 per equity share |
| Lot size | 1,200 shares; minimum retail application of 2 lots, or ₹2,40,000 at the upper price band |
| Issue size | ₹53.27 crore, entirely a fresh issue of 53,26,800 shares |
| Proposed listing | NSE SME on September 01, 2026 |
For FY26, Madhur Knit Crafts reported revenue from operations of ₹194.69 crore, profit after tax of ₹12.35 crore and total assets of ₹159.97 crore. The company has stated that the issue proceeds will be used for debt repayment, working capital requirements, installation of a 1,500 KW rooftop solar power plant and general corporate purposes.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions.
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