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SEEMAX · BSE · Commercial Services & Supplies
Seemax Resources IPO listed on 07 Jul 2026 on BSE at ₹112.80, a loss of 15.82% over the issue price of ₹134.00. The IPO was subscribed 3.62x overall.
Seemax Resources IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 30 Jun 2026 |
| IPO Close Date | 02 Jul 2026 |
| Basis of Allotment | 03 Jul 2026 |
| Initiation of Refunds | 06 Jul 2026 |
| Credit of Shares to Demat | 06 Jul 2026 |
| Listing Date | 07 Jul 2026 |
Listing day gain
-15.82%
Listed at ₹112.8 (issue ₹134)
Issue
₹134
Listing
₹112.8
Current
₹107.2
-20% vs issue
Day range
₹107.2 – ₹112.8
Issue Size
1,400,000 shares
(aggregating up to ₹20.00 Cr)
Issue Price
₹131 – ₹134
Face Value
₹10/share
Market Lot
1,000 shares
Retail Min Investment
₹268,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
1,330,000 shares
(aggregating up to ₹19 Cr)
Offer for Sale
[.]
Reserved for Market Maker
70,000 shares
(aggregating up to ₹1.00 Cr)
Issue Type
book building
Open Date
30 Jun
Close Date
02 Jul
Allotment
03 Jul
Listing
07 Jul
Last updated: 2 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 06 Jul 2026 Latest | ₹134 | ₹0 | ₹134 | ₹0 |
0%
|
10:51 PM |
| 06 Jul 2026 | ₹134 | ₹0 | ₹134 | ₹0 |
0%
|
9:48 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 02 Jul 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 17.19x | - |
| NII | 4.08x | - |
| bNII (bids above ₹10L) | 3.62x | - |
| sNII (bids below ₹10L) | 5.01x | - |
| Individual Investors | 1.52x | - |
| Total | 3.62x | - |
Showing the latest subscription snapshot.
View full subscription historyMr. Amit Naldev Trivedi and Mrs. Seema Trivedi are the company promoters.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹268,000 |
| Retail (Max) | 2 | 2,000 | ₹268,000 |
| S-HNI (Min) | 3 | 3,000 | ₹402,000 |
| S-HNI (Max) | 7 | 7,000 | ₹938,000 |
| B-HNI (Min) | 8 | 8,000 | ₹1,072,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 660,000 (47.14%) |
|
•
sNII < ₹10L
|
220,000 (15.71%) |
|
•
bNII > ₹10L
|
440,000 (31.43%) |
| QIB Shares Offered | 70,000 (5.00%) |
| Individual Investors Shares Offered | 600,000 (42.86%) |
| Market Maker Shares Offered | 70,000 (5.00%) |
| Total Shares Offered | 1,400,000 (100.00%) |
Incorporated in February 2015, Seemax Resources Limited has built a strong reputation as an end-to-end industrial logistics partner, specializing in Material Handling Equipment (MHE). Headquartered in Vadodara, Gujarat, the company began its journey as an automotive solutions enterprise before converting into a public limited company to back its massive regional expansion.
The business operates as a vital link in the supply chain ecosystem, offering equipment sales, genuine spare parts, and intensive maintenance services. It is widely recognized as an Authorized Dealer and Channel Partner for Hyundai Construction Equipment India (MHE Division) across the Gujarat region. Seemax handles a robust portfolio of industrial machinery—including diesel and battery-operated forklifts, reach trucks, electric stackers, and heavy-duty industrial storage racking systems. Beyond direct sales, a major driver of their business model is their dependable, AMC-backed (Annual Maintenance Contract) equipment rental services, complete with deployed, skilled operators for round-the-clock warehouse management.
Led by industry veterans with over two decades of supply chain expertise, Seemax balances strict operational safety with high service standards. As it takes the next big leap toward its initial public offering on the BSE SME platform, the company is poised to leverage its strong corporate cash flows and deep client retention to expand its footprint beyond Gujarat into wider national markets.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 11.38 | 11.41 | 14.46 |
| Profit After Tax (PAT) | 0.79 | 1.43 | 2.24 |
| EBITDA | 2.34 | 3.78 | 4.85 |
| Total Assets | 11.34 | 16.66 | 18.46 |
| Net Worth | 2.05 | 3.48 | 5.72 |
| Reserves & Surplus | 2.04 | 3.47 | 2.72 |
| Total Borrowing | 7.58 | 10.94 | 9.68 |
Revenue & Profit Trend
The basis of allotment for Seemax Resources IPO was finalised on 03 Jul 2026. You can check your allotment status using your PAN number or application number on the Cameo Corporate Services Ltd. portal or BSE.
The Seemax Resources IPO is expected to open in Jun 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Seemax Resources IPO is ₹131.00 - ₹134.00 per share.
As per market sources, Seemax Resources IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Seemax Resources IPO stands at 3.62x overall.
The listing date for Seemax Resources IPO is 07 Jul 2026.
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