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Mumbai, August 26: The Sumax Engineering IPO picked up serious momentum on its second day of bidding. By 5:24 PM on August 26, 2026, the issue had received bids for more than nine times the shares available to the public, taking the overall subscription to 9.52 times.  The retail segment was clearly driving the action. […]
Sumax Engineering IPO Subscription Status: Issue Booked 9.52x on Day 2, Retail Demand Leads
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