Incorporated in February 2015, Seemax Resources Limited provides end-to-end material handling equipment solutions through the trading, rental, leasing, maintenance, and servicing of industrial equipment. Its product portfolio includes forklifts, cranes, reach trucks, stackers, pallet trucks, container handling equipment, and other warehouse machinery used across industries.
The company serves a wide customer base spanning automotive, steel, cement, engineering, logistics, warehousing, retail, e-commerce, construction, ports, aviation, railways, and other industrial sectors. Along with equipment supply, it offers maintenance and after-sales support to help customers improve operational efficiency, reduce downtime, and optimize warehouse operations.
Seemax has built a strong presence through its rental and leasing business, supported by experienced promoters, a skilled technical workforce, and an authorized dealership network. As of March 31, 2026, the company had 179 employees, including engineers, technicians, operators, site supervisors, and administrative staff.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 5.26% | 73,640 crores |
| Non-Institutional Investors (NIIs) | 49.62% | 6,94,680 crores |
| Retail Individual Investors (RIIs) | 45.12% | 6,31,680 crores |
Seemax Resources’s total income 14.46 by 26.73% and total expenses 0.00 by 0.00%, resulting in an EBITDA 4.85 by 28.31% and a profit after tax (PAT) 2.24 by 56.64% between March 31, 2025 and March 31, 2026.
14.4631 March 2026 | 11.4131 March 2025 | 11.3831 March 2024 |
4.8531 March 2026 | 3.7831 March 2025 | 2.3431 March 2024 |
2.2431 March 2026 | 1.4331 March 2025 | 0.7931 March 2024 |
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Provides end-to-end material handling solutions including rental leasing maintenance and servicing.
Diversified customer base across multiple industries reducing dependence on a single sector.
Strong technical team with experienced engineers and service professionals.
The authorized dealership network supports product availability and after-sales service.
Experienced management with industry expertise and a focus on operational efficiency.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 03 Jul '26 | 07 Jun '26 | 06 Jul '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 14,00,000 shares (aggregating up to ₹2,82,000 crores) |
| Fresh Issue | 1,33,000 shares (aggregating up to ₹13,30,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 99.98 shares |
| Post-Issue Shareholding | 68.18 shares |
| Minimum Lot Size | 1,000 shares |
| Maximum Lot Size (Retail) | 3,000 shares |
The lot size of Seemax Resources ipo has been designed to ensure broad participation while maintaining optimal price discovery.
403, Mayfair Corporate Park Behind DPS School, Kalali Vadodara
Cameo Corporate Services Ltd.
| Book Running Lead Manager(s) |
|---|
| Wealth Mine Networks Pvt.Ltd. |