
Materials · BSE
Incorporated in 2015, Seemax Resources provides material handling equipment (MHE) rental and trading services. The company offers equipment such as forklifts, cranes, and pallet trucks on rent, along with trained operators and maintenance support. It also trades in material handling equipment sourced from leading global manufacturers. Seemax serves a wide range of industries, including automotive, steel, cement, textiles, logistics, retail, construction, aviation, and railways, providing solutions tailored to their specific handling needs. As of March 31, 2025, the company had a fleet of 82 rental equipment units, with the rental business contributing the majority of its revenue.
Price Band
₹134 – ₹141
Issue Size
₹140.00 L Cr
Lot Size
1000 shares
GMP
Est. Listing
₹141
at current GMP
Subscribed
3.67x
overall
Open
30 Jun 2026
Close
2 Jul 2026
Allotment
3 Jul 2026
Refund
4 Jul 2026
Demat Credit
5 Jul 2026
Listing
7 Jul 2026
Last updated: 7 Jul 2026
Current Premium
Issue Price (Upper)
₹141
Band: ₹134 – ₹141
Estimated Listing Price
₹141
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,41,000
Estimated Profit / Lot
₹0
1000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | — | 0.0% | ₹141 |
| 26 Sep 2026 | — | 0.0% | ₹141 |
| 25 Sep 2026 | — | 0.0% | ₹141 |
GMP is unofficial market data. Not a guarantee of listing performance.
Seemax Resources Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹14,00,000 Crores. The shares are offered at a price band of ₹134 to ₹141 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,41,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-05, while un-allotted funds or UPI block mandates will be released on 2026-07-04.
The latest grey market premium for Seemax Resources Limited IPO is ₹0, which indicates an expected listing price of ₹141.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.