Seemax Resources IPO Details

SME BSE

Seemax Resources IPO Summary

Seemax Resources IPO opens for subscription on 30 Jun 2026 and closes on 02 Jul 2026.The IPO will be listed on BSE with the tentative listing date set for 07 Jul 2026.

Seemax Resources IPO price band has been fixed at ₹134 – ₹141 per share. The face value is ₹10 per share with a lot size of 1000.

Seemax Resources IPO total issue size comprises 14,00,000 shares (aggregating up to ₹19.74 Cr). This includes a fresh issue of 14,00,000 shares (aggregating up to ₹19.74 Cr). Pre-issue shareholding stands at 30,00,000, which will increase to 44,00,000 post-issue.

Seemax Resources IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

Seemax Resources IPO Lot Size :Individual Minimum is 2 lots (2,000 shares) amounting to ₹282,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹282,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹423,000. SHNI Maximum is 7 lots (7,000 shares) amounting to ₹987,000. BHNI Minimum is 8 lots (8,000 shares) amounting to ₹1,128,000.

The Lead Managers for Seemax Resources IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Wealth Mine Networks Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Sunflower Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Seemax Resources Limited RHP.

Seemax Resources IPO Details

Listing Price : ₹112.8 at a Discount of 20%

Open Date

30 Jun 2026

Close Date

02 Jul 2026

Listing Date

07 Jul 2026

Issue Price

₹134 - ₹141

Face Value

₹10 per share

Lot Size

1000 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

30,00,000 shares

Post-issue Shareholding

44,00,000 shares

Total Issue Size

14,00,000 shares(aggregating up to ₹19.74 Cr)

Fresh Issue

14,00,000 shares(aggregating up to ₹19.74 Cr)

Offer for Sale

Seemax Resources IPO Subscription

Seemax Resources IPO Application Wise Breakup

Seemax Resources IPO Dates

30 Jun 2026
Opening dateOpen
02 Jul 2026
Closing dateClose
03 Jul 2026
Allotment Date Allotment
06 Jul 2026
Initiation of RefundsRefund
06 Jul 2026
Credit of SharesCredit
07 Jul 2026
Listing dateListing

Seemax Resources IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	2000	₹282,000
Individual Maximum	2	2000	₹282,000
SHNI Minimum	3	3000	₹423,000
SHNI Maximum	7	7000	₹987,000
BHNI Minimum	8	8000	₹1,128,000

Seemax Resources IPO Reservation

Promoter Holding

Pre Issue:

99.98%

Post Issue:

68.18%

Promoter Names:

Mr. Amit Naldev Trivedi, Mrs. Seema Trivedi.

Documents

DRHP

Seemax Resources IPO DRHP

RHP

Seemax Resources IPO RHP

Seemax Resources IPO Valuations

ROE32.80%

ROCE31.72%

Debt/Equity1.65

RoNW28.18%

PAT Margin19.52%

EBITDA Margin30.55%

Price to Book Value5.31

EPS(₹) (Pre IPO)7.46

EPS(₹) (Post IPO)6.80

P/E (x) (Pre IPO)18.91

P/E (x) (Post IPO)20.74

Seemax Resources Financial Information

Period Ended	31 Dec 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	24.50	18.46	16.66	11.34
Total Income	12.43	14.46	11.41	11.38
Profit After Tax	2.24	2.24	1.43	0.79
EBITDA	3.51	4.85	3.78	2.34
NET Worth	7.96	5.72	3.48	2.05
Reserves and Surplus	4.96	2.72	3.47	2.04
Total Borrowing	13.13	9.68	10.94	7.58
Amount in ₹ Crore

About Seemax Resources IPO

Incorporated in February 2015, Seemax Resources Limited is engaged in providing material handling equipment solutions through the trading, rental, leasing, maintenance, and servicing of forklifts, cranes, stackers, reach trucks, pallet trucks, container handling equipment, and other industrial machinery. The company caters to a diverse range of industries, including automotive, steel, glass, cement, textiles, engineering, warehousing & logistics, retail & e-commerce, ports & shipping, construction & infrastructure, aviation, and railways.

The company offers comprehensive solutions for material movement and warehouse operations, helping customers improve operational efficiency, productivity, and equipment utilization. Led by promoters Mr. Amit Naldev Trivedi and Mrs. Seema Trivedi, Seemax has evolved from an automotive-focused business into a diversified industrial solutions provider with a strong presence across multiple sectors.

As of March 31, 2026, the company had 179 employees, including engineers, technicians, operators, site supervisors, and administrative personnel.

Strength Of Seemax Resources IPO

Comprehensive Rental Solutions with Value-Added Services.
Skilled and Dedicated Workforce.
Quality Assurance of Our Services.
Experienced Promoters and Senior Management with Technical Expertise
Authorised Dealership Network.

Risk Of Seemax Resources IPO

The Company's borrowings is secured by a charge over its assets, and the company significant dependence on external debt (secured and unsecured) financing exposes its to risks that may materially and adversely affect the company business operations, financial condition, cash flows, and credit worthiness.
The company business relies significantly on revenue from the rental of Material Handling Equipment, and any negative developments in this segment could has a material impact on its financial performance, operations, and cash flows.
A significant portion of the company revenue is derived from a limited number of clients. Loss of one or more such key clients or a reduction in demand from them could affect its business, financial condition, cash flows, and results of operations.
Certain delays, discrepancies and Omissions has been detected in the company statutory records, as well as in records related to the submission of returns to the concerned Registrar of Companies.
The company revenues is highly dependent on its operations in geographical region of state of Gujarat. Any adverse development affecting the company operations in this region could has an adverse impact on its business, financial condition and results of operations.
Non-Compliance with Section 185 of the Companies Act, 2013 Relating to Loan to a Related Party.
The company relies on third-party supplier for the procurement of Material Handling Equipment (MHE). Any disruption in the supply chain or failures by such suppliers to fulfil their obligations may adversely impact its ability to meet client requirements and affect the company revenues.
The company success is dependent on its ability to attract, retain, and effectively manage a skilled workforce, and any attrition or failures to retain key employees could adversely affect the company operations, financial performance, and business continuity.
The company Registered and Workshop is not owned by its. In the event that the company lose such rights or are required to renegotiate arrangements for such rights, its business results of operations, profitability and margins, cash flows and financial condition could be adversely affected.
Rapid technological advancements in Material Handling Equipment may render the company existing fleet obsolete, requiring significant capital investment and impacting its competitiveness.

Objectives Seemax Resources IPO

1. Funding Capital Expenditure towards Purchase of Material Handling Equipment

2. Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions

3. Funding the Long-term working capital requirements of our Company

4. General Corporate Purpose

Company Contact Details

Seemax Resources Ltd.
403, Mayfair Corporate Park,
Behind DPS School, Kalali,
Vadodara, Gujarat, 390012
Phone: +91-99040 89444
Email: info@seemaxresources.com
Website: http://www.seemaxresources.com/

Registrar Contact Details

Name:

Cameo Corporate Services Ltd

Phone:

+91-44-28460390

Email:

ipo@cameoindia.com

Website:

https://ipostatus1.cameoindia.com/

Lead Mangers

Market Maker

Seemax Resources FAQs

The Seemax Resources IPO is a SME public issue comprising 1400000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹19.74 Cr. The issue price has been fixed at ₹141 per equity share, and the minimum application size is 1000 shares.

The IPO opens for subscription on 30 Jun 2026, and closes on 02 Jul 2026.

Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Seemax Resources IPO opens on 30 Jun 2026.

Seemax Resources IPO lot size is 1000, and the minimum amount required for application is ₹141000.

You may apply for the Seemax Resources IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Seemax Resources IPO is scheduled to be finalized on 03 Jul 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 06 Jul 2026. Investors are advised to regularly check the Seemax Resources IPO allotment status for updates.

The listing date for the Seemax Resources IPO has not yet been officially announced. However, the tentative listing date is scheduled for 07 Jul 2026.

Seemax Resources IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).