Mumbai, July 7 -- The scrip was listed at Rs 112, a 20.57% discount to the initial public offer (IPO) price. The stock is currently down 4.29% over its listing price.

The counter hit a high of Rs 112.80 and a low of Rs 107.20. About 9.45 lakh shares of the company changed hands at the counter.

Seemax Resources' IPO was subscribed 3.48 times. The issue opened for bidding on 30 June 2026 and it closed on 02 July 2026. The price band of the IPO was fixed between Rs 134 to Rs 141 per share.

The IPO comprised a fresh issue of 14 lakh shares. The promoter and promoter shareholding diluted to 68.18% from 100% pre-IPO.

The company intends to utilise the net proceeds for capital expenditure towards the purchase of material handling equipment, ...