Seemax Resources – IPO

The Seemax Resources IPO is structured as a book-built issue totaling ₹19.74 crores. The issue consists entirely of a fresh issue of 14.00 lakh equity shares, aggregating to ₹19.74 crores, with no offer for sale (OFS) component. 

The Seemax Resources IPO opened for subscription on June 30, 2026, and closed on July 2, 2026. The basis of allotment was finalized on July 3, 2026. The IPO was listed on the BSE SME platform on July 7, 2026. 

The price band for the Seemax Resources IPO was set between ₹134 and ₹141 per share. A minimum lot size of 1,000 shares was required for an application. The minimum investment amount required by retail investors was ₹1,41,000. Retail investors could apply for a maximum of 2 lots (2,000 shares), amounting to ₹2,82,000.


Seemax Resources – IPO Details

IPO Date June 30, 2026 to July 2, 2026
Listing Date --
Face Value ₹ 10 / Share
Price Band ₹ 150 to ₹ 158 / Share
Lot Size 800 Shares
Total Issue Size 2160000
(Aggregating up to 34 )
Fresh Issue 2052000
(Aggregating up to 32 )
Offer for Sale 2052000
(Aggregating up to 32 )
Employee Discount
Issue Type Bookbuilding IPO
Listing At NSE SME
Share holding pre issue 4010000
Share holding post issue 6170000
Market Maker portion

Seemax Resources Timeline (Tentative Schedule)

Seemax Resources IPO opens on June 30, 2026, and closes on July 2, 2026.

IPO Open Date June 30, 2026
IPO Close Date July 2, 2026
Basis of Allotment --
Initiation of Refunds --
Credit of Shares to Demat --
Listing Date --
Cut-off time for UPI mandate confirmation --

Seemax Resources IPO Lot Size

Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof. 

Application Lots Shares Amount
Retail (Min) 2 1,600 Rs.252,800
Retail (Max) 2 1,600 Rs.252,800
S-HNI (Min) 3 2,400 Rs.379,200
S-HNI (Max) 7 5,600 Rs.884,800
B-HNI (Min) 8 6,400 Rs.1,011,200
HNI (Min)

Seemax Resources IPO Promoter Holding

Share Holding Pre Issue 4010000
Share Holding Post Issue 6170000

Seemax Resources IPO Reservation

Vinit Mobile IPO comprises a total issue size of 21,60,000 shares. The net offer to the public is 20,52,000 shares, after excluding 1,08,000 shares allotted on a firm basis. Of the Net offer 21,600 (1.05%) are allocated to QIB, 8,20,800 (40.00%) allocated to NII 12,09,600 (58.95%) allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered 108000
5.00
Other Shares Offered
QIB Shares Offered 21600
1.05
1.00
NII (HNI) Shares Offered 820800
40.00
38.00
bNII > ₹10L 547200
25.33
sNII < ₹10L 273600
12.67
Retail Shares Offered 1209600
58.95
56.00
Employee Shares Offered
Total Shares Offered 2160000
100.00

Seemax Resources IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Seemax Resources

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.

Key Performance Indicator

KPI Values
ROE 32.80
ROCE 31.72
Debt/Equity 1.65
RoNW 28.18
P/BV 5.31
PAT Margin (%) 19.52
  Pre IPO Post IPO
EPS (Rs) 7.46 6.80
P/E (x) 18.91 20.74

Note:

Amit Naldev Trivedi, Seema Trivedi



Objects of the Issue (Seemax Resources IPO Objectives)

Seemax Resources Contact Details

Seemax Resources Ltd. Address

403, Mayfair Corporate Park

Behind DPS School, Kalali

Vadodara, Gujarat, 390012

Seemax Resources IPO Registrar

Frequently Asked Questions


What is Seemax Resources IPO?
The Seemax Resources IPO is classified as an Mainline IPO. The issue price is set between ₹150 and ₹158 per equity share. A minimum of 800 shares is required per order. The IPO will be open from June 30, 2026, to July 2, 2026. The shares are proposed to be listed on NSE SME.

When does the Seemax Resources IPO open and close?
The Seemax Resources IPO will be opened on June 30, 2026, and closed on July 2, 2026.

What is the issue size of the Seemax Resources IPO?
The size of the Seemax Resources IPO is 34 in total. A fresh issue of 2052000 shares, aggregating up to 32 , is included.

What is the price band of the Seemax Resources Limited IPO?
The price band for the IPO has been set between ₹150 - ₹158 per equity share.

What is the allotment date of the Seemax Resources IPO?
The share allotment date for the Seemax Resources IPO is set for November 30, -0001.

What is the Seemax Resources listing date?
The Seemax Resources IPO is scheduled to be listed on November 30, -0001.

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