Upcoming SME IPO Alert: The initial public offering of Seemax Resources Ltd. is scheduled to open on Jun 30, 2026.
Seemax Resources IPO – Key Details
According to the company’s filing, the company aims to raise ₹19.74 crore through a fresh issue of 0.14 crore shares worth ₹19.74 crore.
The IPO comprises a Book Building Issue. Shares will be offered in the price band of ₹134 to ₹141 per share. Given the lot size of 1000 shares, Individual Investors can bid for a minimum of ₹2,82,000 while non-institutional investors must bid for ₹4,23,000.
Category-wise Reservation
The issue has 70,000 reserved for Qualified Institutional Investors, 6,60,000 for Non-Institutional Investors and 6,00,000 for Retail Individual Investors.
The IPO opens for public subscription on Jun 30, 2026. The issue will close on Jul 2, 2026.
Wealth Mine Networks Pvt.Ltd. is acting as the Book Running Lead Manager to the issue. The shares are proposed to be listed on the BSE SME Exchange.
Business Overview - Seemax Resources Ltd.
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 IPO market continues to remain active, with investors closely tracking upcoming public issues across sectors.
