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HomeIPOSeemax Resources

About Seemax Resources

Incorporated in 2015, Seemax Resources deals in Rental Solutions and MHE Trading. In the rental solution, Seemax provides customers with MHE such as forklifts, cranes, pallet trucks, along with trained operators and maintenance services. As per March 31, 2025, it has 82 MHE in its rental line of business. Apart from this, Seemax also does trading of MHE from leading global manufacturers. It caters to a number of sectors such as automotive, steel, glass, cement, textile, logistics, retail, port, construction, aviation, and railway sector. Each sector has distinct MHE requirement, and we tailor solutions accordingly. For the fiscal year 2024-25, 94.71% revenues are generated through rental line of business and rest 5.29% from MHE trading segment.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Seemax Resources

Seemax Resources

Open Date

Jun 30, 2026

Close Date

Jul 2, 2026

listed

Min Investment

₹2,82,000

Lot Size

2000 Shares

Issue Size

₹19.74 Cr

Price Range

₹134 - ₹141

Listing Date

Jul 7, 2026

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Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

Seemax Resources IPO - Issue Objectives

The company will use ₹10 crore for the purchase of material handling equipment. ₹1.5 crore to be used for repayment of institutional borrowings. The company will use ₹3.25 crore for long-term working capital requirements of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

50.6%

Repayment of debt

7.6%

Working capital

16.4%

General corporate purposes

25.2%

1

Capital expenditure

The company will use ₹10 crore for the purchase of material handling equipment.

50.60%
2

Repayment of debt

₹1.5 crore to be used for repayment of institutional borrowings.

7.60%
3

Working capital

The company will use ₹3.25 crore for long-term working capital requirements of the business.

16.40%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

25.20%

IPO Subscription Status

QIB
17.19x
NII
4.19x
Individual
1.52x
Total
3.67x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Seemax Resources

In Cr.

Contact Details

Seemax Resources

403, Mayfair Corporate Park, Behind DPS School, Kalali, Vadodara, Gujarat - 390012.

+919904089444
info@seemaxresources.com
https://www.seemaxresources.com

Seemax Resources IPO - FAQs

Seemax Resources IPO is a SME IPO. The issue is priced at 134-141. The minimum order quantity is 2000 Shares. The IPO opens on 30 Jun, and closes on 2 Jul. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-06-29
  • Bidding Starts2026-06-30
  • Bidding Ends2026-07-02
  • Allotment Finalisation2026-07-03
  • Release of Funds2026-07-06
  • Demat Transfer2026-07-06
  • Listing2026-07-07