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Seemax Resources IPO Details

Bookbuilding IPO | ₹20 Cr | Listing at BSE SME | Tue, Jun 30, 2026 - Thu, Jul 2, 2026

IPO Details

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Seemax Resources IPO is a book build issue of ₹19.74 crores. The issue is entirely a fresh issue of 0.14 crore shares of ₹19.74 crore.

Seemax Resources IPO opens for subscription on Jun 30, 2026 and closes on Jul 2, 2026. The allotment for the Seemax Resources IPO is expected to be finalized on Jul 3, 2026. Seemax Resources IPO will list on the BSE SME with a tentative listing date fixed as Jul 7, 2026.

Seemax Resources IPO is set issue price band at ₹134 to ₹141 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,82,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,23,000.

Wealth Mine Networks Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd.

Refer to Seemax Resources IPO RHP for detailed Information.

IPO Open

Tue, Jun 30, 2026

IPO Close

Thu, Jul 2, 2026

Price Band

₹134 to ₹141

Market Cap (Pre-IPO)

₹62.04 Cr

IPO Details

IPO Date

30 Jun to 2 Jul, 2026
Listing Date

Tue, Jul 7, 2026T
Face Value

₹10 per share
Price Band

₹150 to ₹158
Lot Size

1,000 Shares
Sale Type

Fresh capital only
Issue Type

Bookbuilding IPO
Listing At

BSE SME

Total Issue Size

14,00,000 shares (agg. up to ₹20 Cr)
Reserved for Market Maker

70,000 shares (agg. up to ₹0.9870 Cr) Sunflower Broking Pvt.Ltd
Fresh Issue (Ex Market Maker)

13,30,000 shares (agg. up to ₹19 Cr)
Net Offered to Public

13,30,000 shares (agg. up to ₹19 Cr)
Share Holding Pre Issue

30,00,000 shares
Share Holding Post Issue

44,00,000 shares

IPO Timetable (Tentative)

IPO Open

Tue, Jun 30, 2026
Allotment

Fri, Jul 3, 2026
Credit of Shares

Mon, Jul 6, 2026

IPO Close

Thu, Jul 2, 2026
Refund

Mon, Jul 6, 2026
Listing

Tue, Jul 7, 2026

Issue Reservation

Seemax Resources IPO comprises a total issue size of 14,00,000 shares. The net offer to the public is 13,30,000 shares, after excluding 70,000 shares allotted on a firm basis. Of the Net offer 70,000 (5.26%) are allocated to QIB, 6,60,000 (49.62%) allocated to NII 6,00,000 (45.11%) allocated to RII.

Investor Category	Shares Offered	% of Net Issue	% of Total Issue
QIB Shares Offered	70,000	5.26%	5.00%
NII (HNI) Shares Offered	6,60,000	49.62%	47.14%
− bNII > ₹10L	4,40,000		31.43%
− sNII < ₹10L	2,20,000		15.71%
Retail Shares Offered	6,00,000	45.11%	42.86%
Firm Reservations
Market Maker Shares Offered	70,000		5.00%
Total Shares Offered	14,00,000	100.00%	100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.

Application	Lots	Shares	Amount
Individual investors (IND) (Min)	2	2,000	₹2,82,000
Individual investors (IND) (Max)	2	2,000	₹2,82,000
S-HNI (Min)	3	3,000	₹4,23,000
S-HNI (Max)	7	7,000	₹9,87,000
B-HNI (Min)	8	8,000	₹11,28,000

About Seemax Resources Ltd.

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.

Competitive Strengths:

Comprehensive rental solutions with value-added services.
Skilled and dedicated workforce.
Quality assurance.
Experienced promoters and senior management with technical expertise.
Authorized dealership network.

Company Financials (Restated)

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

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects

Est Amt (₹ Cr.)
1 Funding Capital Expenditure towards Purchase of Material Handling Equipment

10.00
2 Funding towards Repayment or prepayment, in full or in part, of borrowings availed by Company from banks and financial institutions

1.50
3 Funding the long-term working capital requirements of the Company

3.25
4 General Corporate Purposes
Total

14.75

Key Performance Indicator (KPI)

KPI	Dec 31, 2025	Mar 31, 2025
ROE	32.80%	48.65%
ROCE	31.72%	43.09%
Debt/Equity	1.65	1.69
RoNW	28.18%	39.13%
PAT Margin	19.52%	15.52%
EBITDA Margin	30.55%	33.63%
Price to Book Value	5.31	7.40

	Pre IPO	Post IPO
EPS (₹)	7.46	6.80
P/E (x)	18.91	20.74
Promoter Holding	99.98%	68.18%
Market Cap	₹62.04 Cr.

Mr. Amit Naldev Trivedi and Mrs. Seema Trivedi.

The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.

IPO Registrar

Cameo Corporate Services Ltd.

+91-44-28460390
ipo@cameoindia.com
Visit Website

IPO Lead Manager(s)

Wealth Mine Networks Pvt.Ltd. (Past IPO Performance)

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

Seemax Resources Ltd. Address

403, Mayfair Corporate Park,

Behind DPS School,

Kalali,

Vadodara, Gujarat, 390012

+91-99040 89444
info@seemaxresources.com
Visit Website

IPO FAQs

What is the Seemax Resources IPO?

Seemax Resources IPO is a SME IPO of 14,00,000 equity shares of the face value of ₹10 aggregating up to ₹20 Crores. The issue is priced at ₹134 to ₹141. The minimum order quantity is 1000.

The IPO opens on Tue, Jun 30, 2026, and closes on Thu, Jul 2, 2026.

Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

How to apply in Seemax Resources IPO through Angel One?

Angel One customers can apply online in Seemax Resources IPO using UPI as a payment gateway. Angel One customers can apply in Seemax Resources IPO by login into Angel OneConsole (back office) and submitting an IPO application form.

Steps to apply in Seemax Resources IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Seemax Resources IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel OneIPO Application Process Review for more detail.

When Seemax Resources IPO will open?

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

What is the lot size of Seemax Resources IPO?

Seemax Resources IPO lot size is 1000, and the minimum amount required for application is ₹2,82,000, with 2 lots being the minimum application size.

How to apply for Seemax Resources IPO?

You can apply in Seemax Resources IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is Seemax Resources IPO allotment?

The finalization of Basis of Allotment for Seemax Resources IPO will be done on Friday, July 3, 2026, and the allotted shares will be credited to your demat account by Mon, Jul 6, 2026. Check the Seemax Resources IPO allotment status.

When is Seemax Resources IPO listing date ?

The Seemax Resources IPO listing date is not yet announced. The tentative date of listing is Tue, Jul 7, 2026.