Seemax Resources Launches SME IPO to Raise Rs 19.74 Crore on BSE SME Platform
Vadodara-based Seemax Resources launched its SME IPO on June 30, 2026, with a price band of Rs 134-141 per share, aiming to raise Rs 19.74 crore through a fresh issue of 14 lakh equity shares. The IPO closes on July 2, with shares proposed to list on the BSE SME platform by July 7. Proceeds will fund equipment purchases, loan repayment, and working capital. The company reported Rs 12.37 crore revenue and Rs 2.15 crore profit for nine months ending December 2025. Wealth Mine Networks manages the IPO, with Cameo Corporate Services as registrar and Sunflower Broking as market maker.
