SME
IPO ·
BSE SME
Seemax Resources Ltd
Listed
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, p
Issue details
Price band
₹134 – ₹141
Face value
₹10
Lot size
1,000 shares
Minimum investment
₹2,82,000
Issue size
₹19.74 Cr
Fresh issue
₹18.75 Cr
Offer for sale
—
Issue type
Book Built
Exchange
BSE SME
Key dates
Opens
30 Jun 2026
Closes
2 Jul 2026
UPI mandate cut-off
5:00 PM on 2 Jul 2026
Allotment
3 Jul 2026
Refunds
6 Jul 2026
Shares in demat
6 Jul 2026
Listing
7 Jul 2026
Subscription and listing
Subscription
3.60x
Listing price
₹112.80
Registrar
Cameo Corporate Services Ltd
Lead manager
Wealth Mine Networks
Subscription by category
Total
3.60x
Total applications
1,015
Listing day
Issue price
₹141
Open
₹112.80
High
₹112.80
Low
₹107.20
Day close
₹107.20
Listing gain at open
-20.00%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
70,000
5.00%
NII Shares Offered
6,60,000
47.14%
bNII > ₹10L
4,40,000
31.43%
sNII < ₹10L
2,20,000
15.71%
Retail Shares Offered
6,00,000
42.86%
Market Maker Shares Offered
70,000
5.00%
Total Shares Offered
14,00,000
100.00%
Finaccle’s quick read
Neutral
FY25 income up 27%, PAT up 57%, ROE 32.80%, D/E 1.65, post-issue P/E 20.74x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
32.80%
ROCE
31.72%
Debt / equity
1.65
PAT margin
19.52%
P/E post issue
20.74
Market cap
₹62.04 Cr
Use of IPO money
Funding Capital Expenditure towards Purchase of Material Handling Equipment
₹10.00 Cr
Funding towards Repayment or prepayment, in full or in part, of borrowings availed by Company from banks and financial institutions
₹1.50 Cr
Funding the long-term working capital requirements of the Company
₹3.25 Cr
General Corporate Purposes
₹2.96 Cr
Issue expenses
₹2.03 Cr
Strengths
✓
: Comprehensive rental solutions with value-added services
✓
Skilled and dedicated workforce
✓
Revenue up 27% in FY25 to ₹14.46 Cr
✓
PAT up 57% in FY25 to ₹2.24 Cr
✓
PAT margin of 19.52%
Risks to watch
!
High leverage: debt to equity 1.65
!
SME platform: large lot size and thinner trading liquidity
Planning to take your own company public?
Every listing on this page started with a growing business that got its numbers, governance and paperwork ready for investors. If you are a promoter weighing an SME or main board IPO, we can tell you where you stand and what it will take.
Talk to our IPO Advisory team for readiness planning, or our IPO Consultancy team to run the listing end to end.
Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.