Seemax Resources Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹134 – ₹141
Lot Size: 1,000 shares
Min. Investment: ₹1,41,000
Total Issue Size: ₹19.74 Cr; 14,00,000 shares
Fresh Issue: ₹19.74 Cr; 14,00,000 shares
Offer for Sale: ₹0 Cr
Face Value: ₹10 per share
Issue Type: Book-built IPO
Listing At: BSE SME
Shares Pre-Issue: 30,00,000
Shares Post-Issue: 44,00,000

Lot Size & Investment

1 lot = 1,000 shares

Retail (min)

2 lots · 2,000 shares

Retail (max)

2 lots · 2,000 shares

S-HNI (min)

3 lots · 3,000 shares

Application	Lots	Shares	Amount
Retail	2	2,000	₹2,82,000
Small HNI (S-HNI)	3	3,000	₹4,23,000
Big HNI (B-HNI)	8	8,000	₹11,28,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Dec-25	Mar-25	Mar-24	Mar-23
Assets	24.5	18.46	16.66	11.34
Total Income	12.43	14.46	11.41	11.38
Profit After Tax	2.24	2.24	1.43	0.79
EBITDA	3.51	4.85	3.78	2.34
Net Worth	7.96	5.72	3.48	2.05
Reserves & Surplus	4.96	2.72	3.47	2.04
Total Borrowing	13.13	9.68	10.94	7.58

Key Performance Indicators

Key performance indicators
Period	Dec-25	Mar-25
ROE (%)	32.8	48.65
ROCE (%)	31.72	43.09
EPS (₹)	—	7.46
P/E (pre-issue)	—	18.91
P/E (post-issue)	—	20.74

About Seemax Resources Limited

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. The company offers comprehensive solutions for material movement and warehouse operations, helping customers improve operational efficiency, productivity, and equipment utilization. Led by promoters Mr. Amit Naldev Trivedi and Mrs. Seema Trivedi, Seemax has evolved from an automotive-focused business into a diversified industrial solutions provider with a strong presence across multiple sectors. As of March 31, 2026, the company had 179 employees, including engineers, technicians, operators, site supervisors, and administrative personnel. 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.