Seemax Resources IPO

Seemax Resources is a BSE SME IPO listed on the BSE SME platform, priced at ₹134–₹141 per share. The stock debuted at ₹112.8. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹2,82,000.

Seemax Resources Limited IPO

BSE SME Listed
₹2,82,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 30, 2026 – Jul 2, 2026
Price band
₹134-141 per equity share
Minimum Investment
₹2,82,000
Issue size
₹19.74 Cr
Lot size
1000
Allotment Date
Jul 3, 2026
Listing
Jul 7, 2026
Listing At
BSE SME

IPO timeline

  1. Jun 30, 2026

    Open Date

    Completed

  2. Jul 2, 2026

    Close Date

    Completed

  3. Jul 3, 2026

    Allotment Date

    Completed

  4. Jul 7, 2026

    Listing Date

    Completed

Seemax Resources IPO Subscription Details

View Subscription Details
QIB 17.19x
Individual 1.52x
NIIs 4.19x
bHNI 3.78x
sHNI 5.01x
Individual 1.52x
Total 3.67x

Seemax Resources IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Seemax Resources IPO Essentials

Seemax Resources IPO Details

Seemax Resources IPO is priced at ₹134-141 per share with a total issue size of 19.74 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.

Issue price
₹134-141 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
14,00,000 shares(agg. up to ₹19.74 Cr)
Total issue size
14,00,000 shares
(aggregating up to ₹19.74 crore)
Fresh issue
14,00,000 shares
(aggregating up to ₹19.74 crore)
Listing at
BSE SME
List price
112.8
Listing date
Registrar
Cameo Corporate Services Ltd.
Lead manager
Wealth Mine Networks Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 2,000 ₹2,82,000
Individual(max) 2 2,000 ₹2,82,000
sHNI(min) 3 3,000 ₹4,23,000
sHNI(max) 7 7,000 ₹9,87,000
bHNI(min) 8 8,000 ₹11,28,000

Seemax Resources IPO Documents

Seemax Resources IPO Reservation

Seemax Resources IPO reservation details show category-wise allocation of shares. Out of the total 1400000 shares, approximately 5% are reserved for QIB, 47.14% for NII, 42.86% for retail investors, and 5% for market maker.

Investor Category Shares Offered Maximum Allottees
Market Maker Shares Offered 70000 (5%)
QIB Shares Offered 70000 (5%)
NII (HNI) Shares Offered 660000 (47.14%)
bHNI > ₹10L 440000 (30%) 147
sHNI < ₹10L 220000 (15%) 73
Individual Shares Offered 600000 (42.86%) 300
Total Shares Offered 1400000 (100%)

Seemax Resources IPO Analytics

Seemax Resources IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Seemax Resources IPO Subscription Status

Seemax Resources IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 3.67x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Individual Total
Shares Offered / Reserved 70,000
6,60,000
4,40,000
2,20,000
6,00,000 13,30,000
Day 1 30-06-26 05:00 PM
17.19 x
3.87x
3.60x
4.40x
0.46 x 3.03 x
Day 2 01-07-26 05:00 PM
17.19 x
4.02x
3.60x
4.86x
0.93 x 3.32 x
Day 3 02-07-26 05:00 PM
17.19 x
4.19x
3.78x
5.01x
1.52 x 3.67 x
Total No. of Applications
bHNI sHNI Individual
1,024 (Approx) 1.36x 5x 1.52x

Seemax Resources Valuations

Earnings

EPS Pre IPO
₹7.46/-
EPS Post IPO
₹6.80/-
P/E Pre IPO
18.91
P/E Post IPO
20.74

Returns

ROE
32.80%
ROCE
31.72%
RoNW
28.18%
PAT Margin
19.52%

Fundamentals

Debt / Equity
1.65
Price / Book
5.31
Market Cap
₹62.04 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Seemax Resources Financials( In Crs.)

31-Dec-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 24.50 18.46 16.66 11.34
Revenue 12.43 14.46 11.41 11.38
Profit After Tax 2.24 2.24 1.43 0.79
Net Worth 7.96 5.72 3.48 2.05
Reserves & Surplus 4.96 2.72 3.47 2.04
Total Borrowing 13.13 9.68 10.94 7.58

Seemax Resources Company & Offer Insights

About Seemax Resources

Incorporated in 2015, Seemax Resources deals in Rental Solutions and MHE Trading. In the rental solution, Seemax provides customers with MHE such as forklifts, cranes, pallet trucks, along with trained operators and maintenance services. As per March 31, 2025, it has 82 MHE in its rental line of business. Apart from this, Seemax also does trading of MHE from leading global manufacturers.

It caters to a number of sectors such as automotive, steel, glass, cement, textile, logistics, retail, port, construction, aviation, and railway sector. Each sector has distinct MHE requirement, and we tailor solutions accordingly.

For the fiscal year 2024-25, 94.71% revenues are generated through rental line of business and rest 5.29% from MHE trading segment.

Seemax Resources Promoter(s)

Mr. Amit Naldev Trivedi, Mrs. Seema Trivedi are the company's promoters of Seemax Resources.

Seemax Resources IPO Issue Objectives

Funding Capital Expenditure towards Purchase of Material Handling Equipment
Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions
Funding the Long-term working capital requirements of our Company
General Corporate Purpose

Contact Information

Contact Details

Seemax Resources

+91 99040 89444

info@seemaxresources.com

https://www.seemaxresources.com

403, Mayfair Corporate Park, Behind DPS School, Kalali, Vadodara, Gujarat - 390012.

Registrar Contact Details

Cameo Corporate Services Limited

+91-44-28460390

priya@cameoindia.com

https://ipo.cameoindia.com/

Frequently Asked Questions

Click any question to reveal the answer

Seemax Resources IPO is a book-built IPO worth ₹19.74 crore. The price band is ₹134–₹141 per share. The IPO opens on Jun 30, 2026 and closes on Jul 2, 2026. It will be listed on BSE SME Platform. Cameo Corporate Services Ltd. is the registrar.

The price band of Seemax Resources IPO is ₹134 to ₹141 per share.

The lot size of Seemax Resources IPO is 1000 shares.

The minimum investment for Seemax Resources IPO is approximately ₹2,82,000 based on the upper price band .

Seemax Resources IPO opens on Jun 30, 2026 and closes on Jul 2, 2026.

The allotment date of Seemax Resources IPO is Jul 3, 2026.

Seemax Resources IPO is expected to be listed on Jul 7, 2026, on BSE SME Platform.

Seemax Resources IPO valuation snapshot: P/E 20.74, EPS ₹6.80/-, P/B 5.31, RoNW 28.18%, and market cap ₹62.04 Cr.

To apply for Seemax Resources IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Seemax Resources IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Seemax Resources IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Seemax Resources IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Seemax Resources IPO allotment status on IPO Ji for quick and easy access.