Seemax Resources IPO vs Shree Balaji Mala IPO

Comparison between Seemax Resources IPO and Shree Balaji Mala IPO.

IPO Details

Seemax Resources IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shree Balaji Mala IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Seemax Resources IPO is up to ₹18.75 Cr whereas the issue size of the Shree Balaji Mala IPO is up to ₹17.95 Cr. The final issue price of Seemax Resources IPO is ₹141.00 per share and of Shree Balaji Mala IPO is .

 Seemax Resources IPOShree Balaji Mala IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹134.00 per share₹66.00 per share
Issue Price (Upper)₹141.00 per share₹70.00 per share
Issue Price (Final)₹141.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares2000 shares
Fresh Issue Size13,30,000 shares25,64,000 shares
Fresh Issue Size (Amount)up to ₹18.75 Crup to ₹17.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,30,000 shares25,64,000 shares
Issue Size Total (Amount)up to ₹18.75 Crup to ₹17.95 Cr

IPO Timetable

Seemax Resources IPO opens on Jun 30, 2026, while Shree Balaji Mala IPO opens on Jul 22, 2026. The closing date of Seemax Resources IPO and Shree Balaji Mala IPO is Jul 02, 2026, and Jul 24, 2026, respectively.

 Seemax Resources IPOShree Balaji Mala IPO
Anchor Bid DateJul 21, 2026
Issue OpenJun 30, 2026Jul 22, 2026
Issue CloseJul 02, 2026Jul 24, 2026
Basis Of Allotment (Tentative)Jul 03, 2026Jul 27, 2026
Initiation of Refunds (Tentative)Jul 06, 2026Jul 28, 2026
Credit of Share (Tentative)Jul 06, 2026Jul 28, 2026
Listing date (Tentative)Jul 07, 2026Jul 29, 2026
Anchor Lockin End date 1Aug 26, 2026
Anchor Lockin End date 2Oct 25, 2026

Financials & KPIs

Seemax Resources IPO P/E ratio is 18.91, as compared to Shree Balaji Mala IPO P/E ratio of 8.62.

 Seemax Resources IPOShree Balaji Mala IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets24.5018.4616.6611.34
Total Income12.4314.4611.4111.38
Profit After Tax2.242.241.430.79
EBITDA3.514.853.782.34
NET Worth7.965.723.482.05
Reserves and Surplus4.962.723.472.04
Total Borrowing13.139.6810.947.58
Amount in ₹ Crore

Company Financials (Restated)

Shree Balaji (Mala) Textiles Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets148.64138.88127.51
Total Income212.40193.44195.89
Profit After Tax5.854.952.46
EBITDA15.5013.2010.23
NET Worth27.5121.6516.70
Reserves and Surplus20.3020.9315.98
Total Borrowing69.0848.7551.37
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.98100
Promoter Shareholding (Post-Issue)68.18
P/E Ratio18.918.62
Market Cap₹62.04 Cr.₹69.33 Cr.
ROE48.65
ROCE43.09
Debt/Equity1.69
EPS₹7.46₹8.13
RoNW39.13

Shares Offered

In the Seemax Resources IPO Retail Individual Investors (RII) are offered 6,00,000 shares while in Shree Balaji Mala IPO retail investors are offered 6,00,000 shares. Qualified Institutional Buyers (QIB) are offered 70,000 shares in Seemax Resources IPO and 5,10,000 shares in Shree Balaji Mala IPO.

 Seemax Resources IPOShree Balaji Mala IPO
Anchor Investor Reservation0 shares7,64,000 shares
Market Maker Reservation70,000 shares1,36,000 shares
QIB70,000 shares5,10,000 shares
NII6,60,000 shares3,90,000 shares
RII6,00,000 shares9,00,000 shares
Employee0 shares0 shares
Others
Total13,30,000 shares25,64,000 shares

Bids Received (Subscription)

Seemax Resources IPO subscribed 3.62x in total, whereas Shree Balaji Mala IPO subscribed .

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Seemax Resources IPO Vs Shree Balaji Mala IPO