How to Check Seemax Resources IPO Allotment Status

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 company offers comprehensive solutions for material movement and warehouse operations, helping customers improve operational efficiency, productivity, and equipment utilisation. As of March 31, 2026, the company had 179 employees, including engineers, technicians, operators, site supervisors, and administrative personnel.

Seemax Resources IPO is a book build issue of ₹19.74 crore, entirely comprising a fresh issue of 0.14 crore shares aggregating to ₹19.74 crore. The IPO opened on June 30, 2026, and closed on July 2, 2026. The allotment is expected on Friday, July 3, 2026. The share price band was set at ₹134 to ₹141 per share.
 

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Steps to Check Seemax Resources IPO Allotment Status on Registrar Site

• Visit the Cameo Corporate Services Ltd.
• Select "Seemax Resources" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Seemax Resources IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Seemax Resources" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Seemax Resources IPO subscribed 3.61 times overall. Here is the category-wise breakdown as of 4:59:05 PM on July 2, 2026:

Seemax Resources IPO Subscription Status

• QIB Category (Ex Anchor): 17.19 times
• Non-Institutional Investors (NII): 4.08 times
• Individual Investors: 1.51 times

Seemax Resources IPO Share Price and Investment Details

The minimum investment required was ₹2,82,000 for 2 lots (2,000 shares) for individual investors. The issue includes a reservation of up to 70,000 shares for the market maker, Sunflower Broking Pvt. Ltd. Given the overall subscription of 3.61 times with strong institutional interest at 17.19 times, moderate NII participation at 4.08 times, and weak individual investor subscription at 1.51 times, the share price listing expectations remain cautiously positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding capital expenditure towards purchase of material handling equipment (₹10.00 crore), funding towards repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions (₹1.50 crore), funding the long-term working capital requirements of the Company (₹3.25 crore), and general corporate purposes.

Business Overview

Seemax Resources Limited is engaged in providing rental services as well as trading of material handling equipment. It owns 97 MHE vehicles operating across various industries. The company posted growth in its top and bottom lines for the reported periods.

The company demonstrated financial performance with total income of ₹14.46 crore for FY2025 and a net worth of ₹7.96 crore as of December 31, 2025. The company benefits from comprehensive rental solutions with value-added services, a skilled and dedicated workforce, quality assurance, experienced promoters and senior management with technical expertise, and an authorised dealership network. However, investors should note the post-issue P/E ratio of 20.74 and Price to Book Value of 5.31.

Check the latest IPO allotment status to stay informed.