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Seemax Resources IPO
SEEMAX
Open Date
30 Jun '26
Close Date
02 Jul '26
Price Range
₹134 - ₹141
Min Investment
₹2,82,000
Lot Size
1,000
Listing at
BSE
Issue Size
14,00,000
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About Seemax Resources Ltd IPO
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.
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
Seemax Resources IPO Subscription Breakdown
| 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 IPO Strengths & Weaknesses
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.
A significant share of revenue comes from a limited number of customers.
High dependence on borrowings may impact liquidity and future expansion.
Equipment breakdowns or operational disruptions could affect service delivery.
Reliance on third-party manufacturers and suppliers may impact inventory availability.
Increasing competition and changing market demand could affect revenue growth and profitability.
Seemax Resources IPO Important Dates & Issue Details
| 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 |
Seemax Resources IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Seemax Resources ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Seemax Resources IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Seemax Resources IPO Contact & Registrar Details
Contact Details
Address
403, Mayfair Corporate Park Behind DPS School, Kalali Vadodara
Phone Number
Registrar Details
Registrar Name
Cameo Corporate Services Ltd.
Phone Number
Website
Seemax Resources Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Wealth Mine Networks Pvt.Ltd. |