Seemax Resources Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 17.19x | 70,000 | 1,203,000 | ₹1 Cr |
| NII (HNI) | 4.08x | 660,000 | 2,695,000 | ₹9 Cr |
| Retail | 1.52x | 600,000 | 910,000 | ₹8 Cr |
| Market Maker | — | 70,000 | — | ₹1 Cr |
| Σ Total | 3.62x | 1,330,000 | 4,808,000 | ₹19 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹141,000 |
| Retail (Max) | 13 | 13,000 | ₹1,833,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,974,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,447,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 12 | 14 | 11 |
| EBITDA | 4 | 5 | 4 |
| Profit After Tax | 2 | 2 | 1 |
| Net Worth | 8 | 6 | 3 |
| Total Assets | 25 | 18 | 17 |
| Reserves & Surplus | 5 | 3 | 3 |
| Total Borrowing | 13 | 10 | 11 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Capital Expenditure towards Purchase of Material Handling Equipment – 10.00
- Funding towards Repayment or prepayment, in full or in part, of borrowings availed by Company from banks and financial institutions – 1.50
- Funding the long-term working capital requirements of the Company – 3.25
- General Corporate Purposes –
Company Overview
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.