Seemax Resources IPO Details
Seemax Resources IPO Review & Key Points
- Review: Neutral
Seemax Resources IPO Market Lot
The Seemax Resources IPO minimum market lot is 2,000 shares with ā¹2,82,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ā¹2,82,000 |
| Retail Maximum | 2 | 2,000 | ā¹2,82,000 |
| S-HNI Minimum | 3 | 3,000 | ā¹4,23,000 |
| S-HNI Maximum | 7 | 7,000 | ā¹9,87,000 |
| B-HNI Minimum | 8 | 8,000 | ā¹11,28,000 |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 70,000 Shares | 5.00% |
| NII Shares Offered | 6,60,000 Shares | 47.14% |
| Retail Shares Offered | 6,00,000 Shares | 42.86% |
Seemax Resources IPO Dates
The Seemax Resources IPO date is June 30 and the close date is July 2. The Seemax Resources IPO allotment will be finalized on July 3 and the IPO listing on July 7.
| IPO Open Date: | June 30, 2026 |
| IPO Close Date: | July 2, 2026 |
| Basis of Allotment: | July 3, 2026 |
| Refunds: | July 6, 2026 |
| Credit to Demat Account: | July 6, 2026 |
| IPO Listing Date: | July 7, 2026 |
| IPO Bidding Cut-off Time: | July 2, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Amit Naldev Trivedi and Mrs. Seema Trivedi.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 30,00,000 | 99.99% |
| Promoter Holding Post Issue | 44,00,000 | 68.18% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Funding Capital Expenditure towards Purchase of Material Handling Equipment | ā¹9.00 |
| Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions | ā¹1.00 |
| Funding the Long-term working capital requirements of our Company | ā¹3.25 |
| General Corporate Purpose |
About Seemax Resources IPO
Seemax Resources, founded in 2015, is one of the leading Rental solutions and MHE (Material Handling Equipment) providers. The firm basically gives various MHE, like forklifts, cranes, and pallet trucks, on rent along with trained operators and maintenance services. 82 MHE units support its rental vertical business.
The firm also trades MHE products sourced from top global manufacturers. Seemax Resources products cater to a wide range of industries, including automotive, steel, glass, cement, textiles, logistics, retail, ports, construction, aviation, and railways. The company also custom designs products as per the companyās requirements in order to meet the unique needs of various industries. Its major strengths are experienced promoters and senior management, and a skilled, dedicated workforce.
Seemax Resources IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹11.38 | ā¹10.34 | ā¹0.79 | ā¹11.34 |
| 2024 | ā¹11.41 | ā¹9.33 | ā¹1.43 | ā¹16.66 |
| 2025 | ā¹14.46 | ā¹11.43 | ā¹2.24 | ā¹18.46 |
| Dec 2025 | ā¹12.43 | ā¹9.51 | ā¹2.24 | ā¹24.50 |
Seemax Resources IPO Valuation – FY2025
Check Seemax Resources IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 48.65% |
| ROCE: | 43.09% |
| EBITDA Margin: | 33.63% |
| PAT Margin: | 15.52% |
| Debt to equity ratio: | 1.69 |
| Earning Per Share (EPS): | ā¹7.46 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 39.13% |
| Net Asset Value (NAV): | ā¹19.06 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Sanghvi Movers Ltd | 15.22 | 18.90 | 11.79% | 129.12 | 587.65 Cr. |
IPO Lead Managers aka Merchant Bankers
- Wealth Mine Networks Pvt. Ltd.
Company Address
Seemax Resources Ltd.
403, Mayfair Corporate Park,
Behind DPS School, Kalali,
Vadodara, Gujarat, 390012
Phone: +91-99040 89444
Email: info@seemaxresources.com
Website: http://www.seemaxresources.com/
IPO Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
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