About Seemax Resources

Seemax Resources Limited IPO

IPO Schedule & Details

• Opening Date: June 30, 2026
• Closing Date: July 2, 2026
• Price Band: ₹134 – ₹141 per share
• Lot Size: 2,000 shares (Minimum investment required is ₹2,82,000 based on the upper price band)
• Issue Size: Total issue of 14,00,000 equity shares (aggregating up to ₹19.74 crore)
• Listing Date (Tentative): July 7, 2026
• Listing Exchange: BSE SME

Company Overview

Seemax Resources Ltd., incorporated in 2015 and based in Vadodara, Gujarat, provides Material Handling Equipment (MHE) solutions. Their business model is primarily focused on:

• Rental Solutions: Providing a fleet of equipment (forklifts, cranes, stackers, reach trucks, etc.) with comprehensive maintenance and operator support.
• Trading: Sales of MHE and genuine spare parts. They act as an authorized dealer and channel partner for brands like Hyundai Construction Equipment India Pvt. Ltd.
• Industry Reach: They serve a wide range of sectors including automotive, steel, cement, warehousing, logistics, ports, and e-commerce.

Financial Highlights & Objectives

• Growth: The company reported revenue from operations of ₹14.42 crores for FY 2024–25 (up from ₹11.34 crores in the previous year) and a Profit After Tax (PAT) of ₹2.24 crores.
• Use of Proceeds: The net proceeds from the fresh issue are intended for funding working capital requirements, business expansion initiatives, and general corporate purposes.