Seemax Resources IPO
Seemax Resources IPO
Overview
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.
Total Shares
14,00,000
Issue Size
₹20 Cr
Price Band
₹134 – ₹141
Lot Size
1000 shares
Min. Investment
₹1,41,000
Max. Investment
₹1,41,000
Open Date
30 Jun, 2026
Close Date
02 Jul, 2026
Allotment
03 Jul, 2026
Listing
07 Jul, 2026
Max. Investment
₹1,41,000
Announced
30 Jun, 2026
Opening Date
30 Jun, 2026
Closing Date
02 Jul, 2026
Basis of Allotment
03 Jul, 2026
Initiation of Refunds
06 Jul, 2026
Credit of Shares
06 Jul, 2026
Listing Date
07 Jul, 2026
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About Seemax Resources IPO
Incorporated in 2015, Seemax Resources is engaged in Rental Solutions and MHE Trading. In the rental segment, the company offers mterial handling equipment like forklifts, cranes, and pallet trucks, along with trained operators and maintenance services. As of March 31, 2025, its rental vertical is supported by 82 Material Handling Equipment (MHE) units. Additional, it also trades in MHE, sourced from top global manufacturers.
The company
Seemax Resources IPO Share Price
Issue Breakdown
Shareholding
Dilution: 46.7% increase in shares
Seemax Resources IPO Financial Health
Seemax Resources 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 | 2000 | ₹2,82,000 |
| Individual investors (IND) (Max) | 2 | 2000 | ₹2,82,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,23,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,87,000 |
| B-HNI (Min) | 8 | 8000 | ₹11,28,000 |
(All values in CR)
Seemax Resources IPO Valuations
| Metric | Value |
|---|---|
| ROE | 48.65 |
| ROCE | 43.09 |
| Debt/Equity | 1.69 |
| RoNW | 39.13 |
| PAT Margin | 15.52 |
| EBITDA Margin | 33.63 |
(All values in CR)
Seemax Resources IPO Strength & Risk
Seemax Resources IPO Strength
- Diversified business presence across multiple resource and commodity segments.
- Established customer relationships with a recurring business base.
- Experienced management team with industry knowledge.
- Asset-light business model supporting operational flexibility.
- Growing revenue base backed by increasing business activities.
- Focus on expanding market presence and customer reach.
- Strong industry demand supporting long-term growth opportunities.
- Strategic sourcing and supply chain capabilities.
Seemax Resources IPO Risks
- Business performance is sensitive to fluctuations in commodity prices.
- Dependence on economic conditions and industry demand cycles.
- Intense competition from organized and unorganized market players.
- Exposure to regulatory and compliance-related changes.
- Customer concentration risk may impact revenue stability.
- Working capital-intensive operations may affect cash flows.
- Foreign exchange fluctuations could impact profitability on international transactions.
- Any disruption in the supply chain may adversely affect business operations.
Seemax Resources IPO GMP
Last updated 24 Jun, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 24 Jun, 2026 | 141 | ₹0 | - | ₹141 (0.00%) | - | 24 Jun, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Seemax Resources IPO
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Go to IPO Section
Find Seemax Resources IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.