Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Seemax Resources Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.14 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Wealth Mine Networks Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Seemax Resources IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 14,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 14,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 30,00,000 shares |
| Share Holding Post Issue | 44,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| SEBI/Exchange approval received | Wed, Nov 26, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of Net Issue |
| NII Shares Offered | Not more than 15% of the Net Issue |
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:
Seemax Resources Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 57% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 18.46 | 16.66 | 11.34 |
| Total Income | 14.46 | 11.41 | 11.38 |
| Profit After Tax | 2.24 | 1.43 | 0.79 |
| EBITDA | 4.85 | 3.78 | 2.34 |
| NET Worth | 5.72 | 3.48 | 2.05 |
| Reserves and Surplus | 2.72 | 3.47 | 2.04 |
| Total Borrowing | 9.68 | 10.94 | 7.58 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards Purchase of Material Handling Equipment | 9.00 |
| 2 | Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions | 1.00 |
| 3 | Funding the Long-term working capital requirements of our Company | 3.25 |
| 4 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 48.65% |
| ROCE | 43.09% |
| Debt/Equity | 1.69 |
| RoNW | 39.13% |
| PAT Margin | 15.52% |
| EBITDA Margin | 33.63% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.99% |
Lead Manager Reports
Seemax Resources IPO is a SME IPO of 14,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Seemax Resources IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Seemax Resources IPO using UPI as a payment gateway. Zerodha customers can apply in Seemax Resources IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Seemax Resources IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Seemax Resources IPO dates are not announced. Please check back again after some time.
Seemax Resources IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Seemax Resources IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Seemax Resources IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Seemax Resources IPO allotment status.
The Seemax Resources IPO listing date is not yet announced. The tentative date of listing is .
