Seemax Resources SME IPO Details, Financials, Valuation & Peers
Explore Seemax Resources SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Incorporated in 2015, Seemax Resources is engaged in Rental Solutions and MHE Trading. In the rental segment, the company offers mterial handling equipment like forklifts, cranes, and pallet trucks, along with trained operators and maintenance services. As of March 31, 2025, its rental vertical is supported by 82 Material Handling Equipment (MHE) units. Additional, it also trades in MHE, sourced from top global manufacturers.
The company serves a wide range of industries, including automotive, steel, glass, cement, textiles, logistics, retail, ports, construction, aviation, and railways. Each industry has unique material handling needs, and we design solutions to meet those specific requirements.
In FY 2024-25, the company derived 94.71% of revenue from rental business and remaining 5.29% from MHE trading segment.
Competitive Strengths:
- Comprehensive rental solutions with value-added services.
- Skilled and dedicated workforce.
- Quality assurance.
- Experienced promoters and senior management with technical expertise.
- Authorized dealership network.
Objects of the Issue
- Funding Capital Expenditure towards Purchase of Material Handling Equipment
- Funding towards Repayment or prepayment, in full or in part, of borrowings availed by Company from banks and financial institutions
- Funding the long-term working capital requirements of the Company
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 30 Jun - 02 Jul 2026 |
| IPO Price Band | ₹134 - ₹141 per share |
| Fresh Issue | ₹18.75 crore |
| Offer For Sale | NIL |
| Total IPO Size | ₹19.74 crore |
| Face Value | ₹10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 30 Jun 2026 |
| IPO Closing Date | 02 Jul 2026 |
| Basis Of Allotment | 03 Jul 2026 |
| Refunds | 06 Jul 2026 |
| Demat Transfer | 06 Jul 2026 |
| IPO Listing Date | 07 Jul 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Dec 2025 |
|---|---|---|---|---|
| Assets | 11.34 | 16.66 | 18.46 | 24.50 |
| Total Income | 11.38 | 11.41 | 14.46 | 12.43 |
| Profit After Tax | 0.79 | 1.43 | 2.24 | 2.24 |
| EBITDA | 2.34 | 3.78 | 4.85 | 3.51 |
| NET Worth | 2.05 | 3.48 | 5.72 | 7.96 |
| Reserves and Surplus | 2.04 | 3.47 | 2.72 | 4.96 |
| Total Borrowing | 7.58 | 10.94 | 9.68 | 13.13 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Seemax Resources Ltd. | 18.85 | 7.48 | 28.18% | 26.53 |
| Sanghvi Movers Ltd | 29.18 | 11.22 | 7.98% | 140.31 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 70,000 |
| Non-Institutional Investor (NII/HNI) | 6,60,000 |
| Retail Individual Investor (RII) | 6,00,000 |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 17.19 |
| Non-Institutional Investor (NII/HNI) | 4.08 |
| Retail Individual Investor (RII) | 1.52 |
| Total | 3.62 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Cameo Corporate Services Limited
Phone: +91 - 44 – 40020700
Email: investor@cameodina.com
Website: www.cameoindia.com
Lead Managers
- 1Wealth Mine Networks Pvt.Ltd.
Company Address
Seemax Resources Ltd.403, Mayfair Corporate Park
Behind DPS School, Kalali
Vadodara, Gujarat – 390012
Website: https://www.seemaxresources.com/
Phone: +91-99040 89444
Email: info@seemaxresources.com
FAQs
- What is the issue size of the Seemax Resources SME IPO?The Seemax Resources SME IPO has an issue size of ₹19.74 crore. This includes a fresh issue of ₹18.75 crore and an offer for sale (OFS) of NIL.
- What is the price band of the Seemax Resources IPO?The price band for the Seemax Resources IPO is ₹134 - ₹141 per share.
- What are the bidding dates for the Seemax Resources IPO?The Seemax Resources IPO will open for bidding on 30 Jun 2026 and close on 02 Jul 2026.
- What is the allotment date for the Seemax Resources IPO?The allotment date for the Seemax Resources IPO is 03 Jul 2026.
- What is the minimum lot size and investment required for the Seemax Resources IPO?The minimum lot size for the Seemax Resources IPO is 1000 shares and the minimum investment required is ₹1,41,000.
- What is the listing date for the Seemax Resources IPO?The listing date for the Seemax Resources IPO is 07 Jul 2026.
- What is the Seemax Resources IPO grey market premium?The grey market premium (GMP) for the Seemax Resources IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.