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Seemax Resources IPO

Material Handling Equipment - Listed on 07 July 2026

-20.0% listing gain
Issue Price (Upper)
Rs 141
Listing Price
Rs 112.8
Closing Price (NSE)
Rs 107.2
Total Subscription
3.67x

Seemax Resources IPO listing summary

Seemax Resources (Material Handling Equipment) closed its IPO window in 2026 and listed on NSE and BSE on 07 July 2026 at an upper band issue price of Rs 141, opening at Rs 112.8 for a listing gain of -20.0% and closing day one at Rs 107.2 (-24.0% on closing basis). The IPO was subscribed 3.67x overall - QIB 17.19x, HNI/NII 4.19x, Retail 1.52x. The total issue size was Rs 19.74 Cr (Fresh Issue Rs 19.74 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
-20.00%
Listing Gain (Close)
-23.97%
Day Change After Listing
-4.96%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB17.19x
HNI / NII4.19x
Retail1.52x
Overall3.67x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 13.03x
Day 23.32x
Day 3 (Final)3.67x

Seemax Resources IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1--
Day 2--
Day 3--
Day 4--
Day 5--

Issue & financials

Issue SizeRs 19.74 Cr
Fresh IssueRs 19.74 Cr
OFSRs 0 Cr
IPO PE18.90
Peer / Sector PE-
PE vs Sector Ratio-
Latest EBITDA (Cr)33.63
Debt / Equity1.69

Market context at listing

How the broader market moved around the Seemax Resources IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-
Nifty 1W Return-
Nifty 1M Return+4.51%
Nifty during IPO window-0.27%

Seemax Resources IPO - FAQs

What was the listing gain of Seemax Resources IPO?

Seemax Resources IPO listed at -20.0% versus the upper issue price of Rs 141 on 07 July 2026.

How many times was Seemax Resources IPO subscribed?

Seemax Resources IPO was subscribed 3.67x overall. QIB portion was subscribed 17.19x, HNI / NII 4.19x and Retail 1.52x.

What was the IPO GMP for Seemax Resources?

Day-by-day IPO GMP data for Seemax Resources is listed in the table above.

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