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(24/06/2026 15:20)

Seemax Resources announces launch of initial public offering

Seemax Resources Ltd. has announced public offering of 1400000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 131.00 per share. The gross proceeds of the issue are expected to be Rs 1,974.00 lakhs.

The company's initial public offer (IPO) will open on 30 June 2026 and is expected to close on 02 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 134.00-141.00 per share.

The IPO includes a fresh Issue of 1400000 Equity Shares of the Company at an price of Rs 141.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Seemax Resources Ltd. anticipates using the proceeds of the issue for .

as lead manager & is the registrar, to the issue.

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