Seemax Resources Ltd IPO

Seemax Resources Ltd IPO

Our business model is structured to serve a broad spectrum of industries, including automotive, steel, Glass, cement, textiles, engineering goods, warehousing and logistics, retail and e-commerce, ports and shipping, construction and infrastructure, as well as aviation and railways. Each of these sectors has distinct requirements for efficient material movement and handling, and we design our solutions to address their specific operational needs.

Seemax Resources Ltd IPO Details

Total Shares Offered

₹ 14,00,000

Offer to Public

TBA

Retail Max (Shares)

₹ 6,00,000

Pre Issue Promoters Holding

₹ 29,99,990

Exchange

BSE

Issue size

₹ 19.74 Cr

IPO Open Date

Jun 30, 2026

Close Date

Jul 2, 2026

Lot Size

2000

Min Investment

₹ 2,68,000

Issue Type

Book Building - SME

Listing Date

Jul 7, 2026

Seemax Resources Ltd IPO Dates

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Jun 30, 2026
Opening date
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Jul 2, 2026
Closing date
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Jul 3, 2026
Basis of Allotment
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Jul 6, 2026
Initiation of Refunds
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Jul 6, 2026
Credit of Shares
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Jul 7, 2026
Listing date

Details

SectorType
SectorMiscellaneous
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Seemax Resources Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations3.662.861.60
EBITDA4.293.642.16
PAT2.241.430.79
Total Assets5.945.143.45
Share Capital3.000.010.01
Total Borrowings9.818.605.88
Operating Activities (Net Cash)2.872.211.35
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)9.818.605.88
Net Cashflow0.802.641.20

About Seemax Resources Ltd

Our Company was originally incorporated as Private Limited Company under the name and style of Seemax Automotive Solutions Private Limited on February 04, 2015, under the provision of the Companies Act, 2013 with the Registrar of Companies bearing Corporate Identification Number U71210GJ2015PTC082140. Subsequently, pursuant to a special resolution passed in the Extraordinary General Meeting of the shareholders held on May 21, 2018, the name of the Company was changed from Seemax Automotive Solutions Private Limited to Seemax Resources Private Limited in accordance to the Companies Act, 2013 and a Certificate of Incorporation consequent upon change of name dated June 01, 2018 was issued by Registrar of Companies, Ahmedabad, Gujarat. The Corporate Identification Number of our Company is U51100GJ2015PTC082140. Subsequently, pursuant to a special resolution passed in the Extraordinary General Meeting of the shareholders held on September 19, 2024, Seemax Resources Private Limited was converted from a Private Limited Company to a Public Limited Company with name Seemax Resources Limited in accordance to the Companies Act, 2013 and a Fresh Certificate of Incorporation consequent upon Conversion to Public Company dated November 12, 2024, was issued by Central Processing Centre, Registrar of Companies. The Corporate Identification Number of our Company is U51100GJ2015PLC082140.

The India material handling equipment market size reached USD 10.57 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 22.48 Billion by 2033, exhibiting a growth rate (CAGR) of 8.08% during 2025-2033. The India material handling equipment market is driven by rapid industrialization, expanding manufacturing activities, government initiatives like the Production-Linked Incentive (PLI) scheme, rising e-commerce logistics, and increasing infrastructure development, all contributing to higher demand for advanced automation, efficient warehousing solutions, and technologically upgraded handling systems across industries.

Our business model is structured to serve a broad spectrum of industries, including automotive, steel, Glass, cement, textiles, engineering goods, warehousing and logistics, retail and e-commerce, ports and shipping, construction and infrastructure, as well as aviation and railways. Each of these sectors has distinct requirements for efficient material movement and handling, and we design our solutions to address their specific operational needs.

Peer Comparison:

  • Seemax Resources Limited
  • Sanghvi Movers Ltd

Seemax Resources Ltd Key Points

Strengths

Comprehensive Rental Solutions with Value-Added Services.

Skilled and Dedicated Workforce.

Quality Assurance of Our Services.

Experienced Promoters and Senior Management with Technical Expertise

Authorised Dealership Network.

Risk

The Company's borrowings is secured by a charge over its assets, and the company significant dependence on external debt (secured and unsecured) financing exposes its to risks that may materially and adversely affect the company business operations, financial condition, cash flows, and credit worthiness.

The company business relies significantly on revenue from the rental of Material Handling Equipment, and any negative developments in this segment could has a material impact on its financial performance, operations, and cash flows.

A significant portion of the company revenue is derived from a limited number of clients. Loss of one or more such key clients or a reduction in demand from them could affect its business, financial condition, cash flows, and results of operations.

Strategy

Strengthen Our Presence and Expand into New Geographies.

Maintain and Deepen Client Relationships.

Invest in Fleet Expansion and Network Growth.

Enhance Value-Added Services and Operational Efficiency.

Develop a Skilled Workforce for Sustainable Growth.

How To Apply for Seemax Resources Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Seemax Resources Ltd IPO?

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Seemax Resources Ltd's IPO offers shares for up to 19.74 It begins on Jun 30, 2026 and ends on Jul 2, 2026.

What is the price of the Seemax Resources Ltd IPO?

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The price of Seemax Resources Ltd IPO ranges between ₹134 to ₹141 per share.

What are the open and close dates for the Seemax Resources Ltd IPO?

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The Seemax Resources Ltd IPO opens on Jun 30, 2026 and closes on Jul 2, 2026.

When will the Seemax Resources Ltd IPO be allotted?

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The allotment for the Seemax Resources Ltd IPO will be finalised on Jul 3, 2026. The shares will be listed on BSE and NSE on Jul 7, 2026.

What is the minimum lot size required for Seemax Resources Ltd IPO?

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The minimum lot size for Seemax Resources Ltd IPO is 2000 shares, priced between ₹134 to ₹141 per share.

What is the GMP of Seemax Resources Ltd IPO?

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The GMP (Grey Market Premium) of Seemax Resources Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Seemax Resources Ltd IPO?

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To check the allotment status of Seemax Resources Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Seemax Resources Ltd IPO getting listed?

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The Seemax Resources Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 30, 2026, and closes on Jul 2, 2026. The allotment is finalised on Jul 3, 2026.

How do you apply for the Seemax Resources Ltd IPO?

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To apply for the Seemax Resources Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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