Seemax Resources Limited
ListedSMEMaterials · 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 3 months ago
Overall Subscription
3.67x
Total Demand
QIB Multiplier
17.19x
Institutions & Funds
NII / HNI
4.19x
High Net-Worth
Retail (RII)
1.52x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 70,000 | 1,203,000 | 17.19x |
| NIB | 660,000 | 2,765,000 | 4.19x |
| HNIs(10L +) | 440,000 | 1,662,000 | 3.78x |
| HNIs (2-10L) | 220,000 | 1,103,000 | 5.01x |
| RETAIL | 600,000 | 910,000 | 1.52x |
| Total | 1,990,000 | 7,643,000 | 3.67x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 4 | 0.00x |
| NIB | — | 565 | 0.00x |
| RETAIL | 300 | 455 | 1.52x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 147 | 200 | 1.36x |
| HNIs (2-10L) | 73 | 365 | 5.00x |
| Shareholder | — | — | 0.00x |
| Total Applications | 520 | 1,589 | 3.06x |
Day-Wise Subscription Progress
About Seemax Resources Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Seemax Resources Limited IPO?
The Seemax Resources Limited IPO aggregate issue size is ₹14,00,000 Crores with an equity price band set at ₹134 to ₹141 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,41,000.
How can I check Seemax Resources Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Seemax Resources Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2026-07-03.