Seemax Resources IPO, June 30 -- The initial public offering (IPO) of Seemax Resources opened for subscription on June 30 and will remain open till July 2, 2026. It is a Gujarat-based company engaged in providing material handling equipment (MHE) rental solutions and trading of material handling equipment.

The share allotment is likely to be finalised on July 3, and the company's shares are expected to debut on the BSE SME on July 7.

The Seemax Resources IPO was subscribed 54% as of 12:20PM on June 30, the opening day of the bidding process, according to BSE data. The retail investor portion saw 0.05 times subscription, while the Non-Institutional Investors (NII) segment was subscribed 0.99 times. Meanwhile, Qualified Institutional Buye...