Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Seemax Resources Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹141
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,41,000
Issue Size
₹19.74 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
45.12%
QIB Quota
5.26%
NII Quota
49.62%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.98%
Promoter Holding (Post-Issue)
68.18%
Issue Type
Book Building - SME
ISIN
INE1EVO01017
Our business model is structured to serve a broad spectrum of industries, including automotive, steel, Glass, cement, textiles, engineering goods, warehousing and logistics, retail and e-commerce, ports and shipping, construction and infrastructure, as well as aviation and railways. Each of these sectors has distinct requirements for efficient material movement and handling, and we design our solutions to address their specific operational needs.
The India material handling equipment market size reached USD 10.57 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 22.48 Billion by 2033, exhibiting a growth rate (CAGR) of 8.08% during 2025-2033. The India material handling equipment market is driven by rapid industrialization, expanding manufacturing activities, government initiatives like the Production-Linked Incentive (PLI) scheme, rising e-commerce logistics, and increasing infrastructure development, all contributing to higher demand for advanced automation, efficient warehousing solutions, and technologically upgraded handling systems across industries.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of upto 14,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Seemax Resources Limited ("Seemax" or the "Company" or "the Issuer") for cash at a price Rs. 141 per equity share (Including a Share Premium of Rs. 131 Per Equity Share) ("The Issue Price") aggregating upto Rs. 19.74 Crore, of which upto 70,000 equity shares of face value of Rs.10/- each for cash at a price of Rs. 141 per equity share including a share premium of Rs. 131 per equity share aggregating upto Rs. 0.99 Crore will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of upto 13,30,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 141 per equity share including a share premium of upto Rs. 131 aggregating to Rs. 18.75 Crore (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute upto 31.82% and 30.23%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 141 per equity share of face value of Rs. 10.00 each. The floor price is 14.10 times the face value of the equity shares. Bids can be made for a minimum of 2 lots of 1,000 equity shares and in multiples of 1,000 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as Private Limited Company under the name and style of "Seemax Automotive Solutions Private Limited" on February 04, 2015, under the provision of the Companies Act, 2013 with the Registrar of Companies bearing Corporate Identification Number U71210GJ2015PTC082140. Subsequently, pursuant to a special resolution passed in the Extraordinary General Meeting of the shareholders held on May 21, 2018, the name of the Company was changed from "Seemax Automotive Solutions Private Limited" to "Seemax Resources Private Limited" in accordance to the Companies Act, 2013 and a Certificate of Incorporation consequent upon change of name dated June 01, 2018 was issued by Registrar of Companies, Ahmedabad, Gujarat. The Corporate Identification Number of our Company is U51100GJ2015PTC082140. Subsequently, pursuant to a special resolution passed in the Extraordinary General Meeting of the shareholders held on September 19, 2024, "Seemax Resources Private Limited" was converted from a Private Limited Company to a Public Limited Company with name "Seemax Resources Limited" in accordance to the Companies Act, 2013 and a Fresh Certificate of Incorporation consequent upon Conversion to Public Company dated November 12, 2024, was issued by Central Processing Centre, Registrar of Companies. The Corporate Identification Number of our Company is U51100GJ2015PLC082140.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.