Bookbuilding IPO | ₹20 Cr | Listed at BSE SME | Tue, Jun 30, 2026 - Thu, Jul 2, 2026
Seemax Resources IPO is a book build issue of ₹19.74 crores. The issue is entirely a fresh issue of 0.14 crore shares of ₹19.74 crore.
Seemax Resources IPO bidding started from Jun 30, 2026 and ended on Jul 2, 2026. The allotment for Seemax Resources IPO was finalized on Jul 3, 2026. The shares got listed on the BSE SME on Jul 7, 2026.
Seemax Resources IPO is set final issue price at ₹141 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,82,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,23,000.
Wealth Mine Networks Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd.
Refer to Seemax Resources IPO RHP for detailed Information.
IPO Open
Tue, Jun 30, 2026
IPO Close
Thu, Jul 2, 2026
Issue Price
₹141 per share
Market Cap (Pre-IPO)
₹62.04 Cr
| IPO Date | 30 Jun to 2 Jul, 2026 |
| Listed on | Tue, Jul 7, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹134 to ₹141 |
| Issue Price | ₹141 per share |
| 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 Sunflower Broking Pvt.Ltd. (agg. up to ₹0.9870 Cr) |
| 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 |
| BSE Script Code | 544813 |
| ISIN | INE1EVO01017 |
Seemax Resources IPO comprises a total issue size of 14,00,000 shares. The net offer to the public is 13,30,000 shares, after excluding 70,000 shares allotted on a firm basis. Of the Net offer 70,000 (5.26%) are allocated to QIB, 6,60,000 (49.62%) allocated to NII 6,00,000 (45.11%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 70,000 | 5.26% | 5.00% |
| NII (HNI) Shares Offered | 6,60,000 | 49.62% | 47.14% |
| − bNII > ₹10L | 4,40,000 | 31.43% | |
| − sNII < ₹10L | 2,20,000 | 15.71% | |
| Retail Shares Offered | 6,00,000 | 45.11% | 42.86% |
| Firm Reservations | |||
| Market Maker Shares Offered | 70,000 | 5.00% | |
| Total Shares Offered | 14,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,000 | ₹2,82,000 |
| Individual investors (IND) (Max) | 2 | 2,000 | ₹2,82,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,23,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,87,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,28,000 |
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:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 24.50 | 18.46 | 16.66 | 11.34 |
| Total Income | 12.43 | 14.46 | 11.41 | 11.38 |
| Profit After Tax | 2.24 | 2.24 | 1.43 | 0.79 |
| EBITDA | 3.51 | 4.85 | 3.78 | 2.34 |
| NET Worth | 7.96 | 5.72 | 3.48 | 2.05 |
| Reserves and Surplus | 4.96 | 2.72 | 3.47 | 2.04 |
| Total Borrowing | 13.13 | 9.68 | 10.94 | 7.58 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jinkushal Industries Ltd. | Mainboard | ₹116.15 Cr | ₹121 | 18.8 | ₹121.66 | +0.55% | ₹97.73 (+0.00%) |
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 | 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 | 2.96 |
| 5 | Issue expenses | 2.03 |
| Total | 19.74 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 32.80% | 48.65% |
| ROCE | 31.72% | 43.09% |
| Debt/Equity | 1.65 | 1.69 |
| RoNW | 28.18% | 39.13% |
| PAT Margin | 19.52% | 15.52% |
| EBITDA Margin | 30.55% | 33.63% |
| Price to Book Value | 5.31 | 7.40 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.46 | 6.80 |
| P/E (x) | 18.91 | 20.74 |
| Promoter Holding | 99.98% | 68.18% |
| Market Cap | ₹62.04 Cr. |
The Seemax Resources IPO is subscribed 3.62 times on July 2, 2026 6:54:04 PM (Day 3). The public issue subscribed 1.52 times in the individual investors category, 17.19 times in the QIB category, and 4.08 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 17.19 | 70,000 | 12,03,000 | 0 |
| NII* | 4.08 | 6,60,000 | 26,95,000 | 0 |
| bNII (> ₹10L) | 3.62 | 4,40,000 | 15,92,000 | |
| sNII (< ₹10L) | 5.01 | 2,20,000 | 11,03,000 | |
| Individual Investor | 1.52 | 6,00,000 | 9,10,000 | 0 |
| Total | 3.62 | 13,30,000 | 48,08,000 | 1,025 |
Total Applications: 1,025
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees and commissions payable to the BRLM (including any underwriting commission, brokerage and selling commission) | 1.50 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees payable to Legal Advisor | 0.03 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.05 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.10 |
| 6 | Fees payable to Peer Review Auditor | 0.06 |
| 7 | Fees Payable to Market Maker | 0.05 |
| 8 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees and miscellaneous expenses.) | 0.23 |
| Total | 2.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹141.00 |
| Open | ₹112.80 |
| Low | ₹107.20 |
| High | ₹112.80 |
| Last Trade | ₹107.20 |
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 ₹20 Crores. The issue is priced at ₹141 per share. The minimum order quantity is 1000.
The IPO opens on Tue, Jun 30, 2026, and closes on Thu, Jul 2, 2026.
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 opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026.
Seemax Resources IPO lot size is 1000, and the minimum amount required for application is ₹2,82,000, with 2 lots being the minimum application size.
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 Friday, July 3, 2026, and the allotted shares will be credited to your demat account by Mon, Jul 6, 2026. Check the Seemax Resources IPO allotment status.
The Seemax Resources IPO listing date is on Tue, Jul 7, 2026.
