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Seemax Resources IPO is a Book Building listing on BSE SME exchange, with an ipo size of ₹ [●] Cr. The company is based in Vadodara and caters to Infrastructure sector. Wealth Mine Networks is the merchant banker of Seemax Resources IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2025.
Seemax Resources IPO posted revenues of ₹ 14.41 Cr. and PAT of ₹ 2.23 Cr. in FY25 on annualised basis.
Revenue:
₹ 14.41 Cr.
EBITDA Margin:
33.59
% 
Net Worth: ₹ 5.71 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: 1.80 times
Financial results of Seemax Resources IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | FY25 | FY24 | FY23 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 18.46 | 16.65 | 11.34 | ||
| Net Worth | 5.71 | 3.48 | 2.05 | ||
| Total Debt | 9.50 | 10.94 | 7.58 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
14.41 | 11.34 | 11.28 | ||
EBITDA
EBITDA on annualised basis |
4.84 | 3.77 | 2.33 | ||
PAT
PAT on annualised basis |
2.23 | 1.42 | 0.79 | ||
Seemax Resources IPO PAT Margin is 15.48 % , ROCE (Return on Capital Employed) is 43.09 % as per latest financial. The below table shows Seemax Resources IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | FY25 | FY24 | FY23 |
|---|---|---|---|
| EBITDA Margin (%) | 33.59 | 33.25 | 20.66 |
| PAT Margin (%) | 15.48 | 12.52 | 7.00 |
| EPS (₹) | 7.46 | 4.75 | 2.64 |
| ROE (%) | 39.05 | 40.80 | 38.54 |
| ROCE (%) | 43.09 | 39.19 | 28.98 |
| ROA (%) | 12.08 | 8.53 | 6.97 |
| Debt to Equity | 1.66 | 3.14 | 3.70 |
The market Capitalisation of Seemax Resources IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Seemax Resources IPO prospectus highlights an Return on Equity (ROE) of 39.05 % , Return on Assets (ROA) of 12.08 %, and an EBITDA Margin of 33.59 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Seemax Resources IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Seemax Resources IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Seemax Resources IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Seemax Resources IPO reported revenue of ₹ 14.41 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Seemax Resources IPO provide insights into sales growth, market demand, and business scalability.
Seemax Resources recorded an EBITDA of ₹ 4.84 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Seemax Resources Profit After Tax (PAT) is ₹ 2.23 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 14.41 Cr.
EBITDA Margin:
33.59
%
Net Worth: ₹ 5.71 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA:
[●]
Seemax Resources operates in Infrastructure and Rental Solutions For Material Handling Equipment (MHE). The Issue is listed on BSE SME in Oct, 2025. Seemax Resources IPO size was with Issue price of .
Merchant Banker(s) of Seemax Resources IPO: Wealth Mine Networks Private Limited
Seemax Resources IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Seemax Resources IPO listed at a listing price of against the offer price of .
The current market price of Seemax Resources is .
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