Seemax Resources IPO Details
IPO Overview
| Price Band | ₹134–₹141 |
|---|---|
| Lot Size | 1000 shares |
| Min Investment | Min ₹141000 |
| Total Subscription | 3.62 times |
| Status | Listed |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2000 | 282000 |
| Individual investors (IND) (Max) | 2 | 2000 | 282000 |
| S-HNI (Min) | 3 | 3000 | 423000 |
| S-HNI (Max) | 7 | 7000 | 987000 |
| B-HNI (Min) | 8 | 8000 | 1128000 |
IPO Tentative Timetable
| IPO Open Date | Jun 30, 2026 |
|---|---|
| IPO Close Date | Jul 02, 2026 |
| Allotment Date | Jul 03, 2026 |
| Refund Initiation | Jul 06, 2026 |
| Listing Date | Jul 07, 2026 |
IPO Detail
| Face Value | ₹10 per share |
|---|---|
| Price Band | ₹134 to ₹141 |
| 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 |
Valuations
Company Financials (In Crore)
| Period Ended | Assets | Total Income | Profit After Tax | E B I T D A | N E T Worth | Reserves And Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| 31 Dec 2025 | 24.50 | 12.43 | 2.24 | 3.51 | 7.96 | 4.96 | 13.13 |
| 31 Mar 2025 | 18.46 | 14.46 | 2.24 | 4.85 | 5.72 | 2.72 | 9.68 |
| 31 Mar 2024 | 16.66 | 11.41 | 1.43 | 3.78 | 3.48 | 3.47 | 10.94 |
| 31 Mar 2023 | 11.34 | 11.38 | 0.79 | 2.34 | 2.05 | 2.04 | 7.58 |
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S. No. | Objects Of The Issue | Expected Amount (in Crores) |
|---|---|---|
| 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 |
About Company
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 serves a wide range of industries, including automotive, steel, glass, cement, textiles, logistics, retail, ports, construction, aviation, and railways. Each industry has unique material handling needs, and we design solutions to meet those specific requirements.
In FY 2024-25, the company derived 94.71% of revenue from rental business and remaining 5.29% from MHE trading segment.
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.
Promoters
- Mr. Amit Naldev Trivedi and Mrs. Seema Trivedi are the company promoters.
Documents
Registrar
Seemax Resources IPO Details — Frequently Asked Questions
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