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SME IPO | Book Build
Upcoming

Seemax Resources SME IPO Details 2026

₹134 - ₹141Price Band
₹19.74 Cr.Issue Size
1000Lot Size
InfrastructureSector
Issue Open
June 30, 2026
Fresh Issue Only
Issue Close
July 2, 2026
Min 2 lots (retail)
Allotment Date
July 3, 2026
Lot size: 1000
Listing Date
July 7, 2026
BSE SME

All About Seemax Resources IPO:

The Seemax Resources IPO size is ₹19.74 crore, including a fresh issue of ₹19.74 crore and an offer for sale of ₹ crore. It is a Book Build issue. The IPO issue opens on June 30, 2026 and closes on July 2, 2026. The share allotment is expected on July 3, 2026, and the listing date is July 7, 2026. Seemax Resources Ltd. is based in Vadodara and operates in the Infrastructure sector. It filed its DRHP on September 30, 2025 and will list its shares on BSE SME. Cameo Corporate Services Ltd. is the registrar, while Wealth Mine Networks Pvt.Ltd. serves as the merchant banker for the offer.

IPO Highlights

IPO Details
Total Issue 14,00,000 shares (agg. up to ₹20 Cr)
Fresh Issue 14,00,000 shares (agg. up to ₹20 Cr)
Offer for Sale
IPO Price Band ₹134 to ₹141
Face Value ₹10 per share
Lot Size 1000 Shares
Listed on BSE SME
IPO Dates
DRHP Filed September 30, 2025
Issue Open June 30, 2026
Issue Close July 2, 2026
Allotment Date July 3, 2026
Refunds Initiation July 6, 2026
Credit of Shares July 6, 2026
Listing Date July 7, 2026

IPO Reservation and Lot Size

The company has reserved shares for various investor categories. The Retail Shares reservation is % ( shares), and QIB has % (). Further, the minimum lot size is 1,000 shares. The anchor investor reservation is % ( shares), and the market maker reservation is % ().

IPO Issue Structure

IPO Reservation
QIB
Anchor Investor
QIB (Ex. Anchor)
NII (HNI)
bNII > ₹10L
sNII < ₹10L
Retail
Market Maker
70,000
Total
14,00,000
IPO Lot Size
Retail (Min)
Small Investor Quota
2 | 2,000 Shares
₹2,82,000
Retail (Max)
Retail Investment Limit
2 | 2,000 Shares
₹2,82,000
S-HNI (Min)
Small HNI (₹2L – ₹10L)
3 | 3,000 Shares
₹4,23,000
S-HNI (Max)
Small HNI (Up to ₹10 L)
7 | 7,000 Shares
₹9,87,000
B-HNI (Min)
Big HNI (Above ₹10L)
8 | 8,000 Shares
₹11,28,000

On September 30, 2025 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.

Financial Performance (₹ in Cr)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Total Income14.4611.4111.38
Profit After Tax2.2410.79
EBITDA4.853.782.34
Net Worth5.7232.05
Assets18.461711.34
Total Debt9.68117.58

Key Performance Indicator

ParticularsFY25FY24FY23
EBITDA Margin (%)33.593320.66
PAT Margin (%)15.48137
EPS (₹)7.464.752.64
ROE (%)39.0540.838.54
ROCE (%)43.093928.98
ROA (%)12.088.536.97
Debt to Equity (x)1.6633.7

To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus.

Seemax ResourcesSME IPO Review

You must look at the financial position of the company before deciding on the investments. You can read our full review article here.

Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.

IPO Financial Snapshot

IPO Objectives
Purchase of Material Handling Equipment ₹9.00 Cr.
Repayment or prepayment of borrowings ₹1.00 Cr.
Long-term working capital requirements ₹3.25 Cr.
General Corporate Purpose ₹0.00 Cr.
Total Fund Requirement ₹13.25 Cr.
IPO Key Metrics
Pre IPO EPS
7.46
Earnings Per Share
Post IPO EPS
5.08
Earnings Per Share
Pre IPO P/E
18.91
Price to Earnings
Post IPO P/E
27.73
Price to Earnings
Market Capitalization
₹62.04 Cr.
Post-IPO Market Cap

Seemax Resources Company Details

Seemax Resources Ltd. started its business in 2015. The company operates in the Infrastructure sector. The team provides Rental Solutions and MHE Trading to clients across multiple industries. Its main office is in Vadodara.

Main Offerings:

  • Forklifts rental services with operators.
  • Cranes and pallet trucks provisioning.

Key Strength:

  • Comprehensive fleet containing 82 active equipment units.
  • Strategic authorized dealership distribution network connections.

Company Address: 403, Mayfair Corporate Park, Behind DPS School, Kalali, Vadodara, Gujarat, 390012

You can contact the company via call or email.

+91-99040 89444 | info@seemaxresources.com

Intermediaries & Key Contacts

Official stakeholders managing the IPO process
REGISTRAR
Cameo Corporate Services Ltd.
+91-44-28460390
ipo@cameoindia.com
LEAD MANAGER
Wealth Mine Networks Pvt.Ltd.
MARKET MAKER
PROMOTERS
Amit Naldev Trivedi
Seema Trivedi
Pre-Issue99.99%
Post-Issue68.18%

Frequently Asked Questions

What is the Seemax Resources IPO?

This public issue is a small and medium enterprise initial offering worth up to 19.74 crore. The entire issue contains a fresh issue of 14,00,000 equity units to raise corporate capital.

When Seemax Resources IPO will open and close?

The initial subscription window opens for application entries on June 30, 2026. Interested market buyers must submit their formal digital forms before the final portal closes on July 2, 2026.

What is the lot size of Seemax Resources IPO?

The basic transaction lot size for general application forms is set at exactly 1,000 corporate shares. Retail application entries must purchase a minimum size of 2 lots together for 2,82,000 rupees.

How to apply for Seemax Resources IPO?

Investors can apply online through the net banking applications using standard blocked funds payment methods. Market traders can also send bids via individual registered stock brokerage accounts with linked mobile payment system tracking handles.

When is Seemax Resources IPO allotment and listing?

The appointed corporate registrar will announce the definitive selection basis of stock distribution on July 3, 2026. The exchange operators will initiate public trading listings on the designated exchange platform on July 7, 2026.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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