MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0017387
Market Cap
₹36.97 Cr
SEEMAX · BSE
Share Price
₹88.22
+5.00% today
Revenue
₹13.74 Cr
FY 2025-26 · -4.7% YoY
EBITDA
₹3.59 Cr
Margin 26.1%
Net Profit
₹1.79 Cr
FY 2025-26 · -24.2% YoY
ROE
26.5%
ROCE 23.3%
Debt / Equity
1.66
Interest cover 59.6x
Authorised capital
₹4.5 Cr
Registered with MCA
About Seemax Resources Limited
Data last updated:
Seemax Resources Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 04 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2015PLC082140. Its GSTIN is 24AAVCS4846G2ZU (Gujarat). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 544813.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.4 Cr. It was formerly known as Seemax Automotive Solutions Private Limited. It is led by directors including Amit Naldev Trivedi (Managing Director) and Seema Amit Trivedi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 403 Mayfair Corporate Park, Vadodara, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹13.74 Cr, a decline of 4.7% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 13%) and EBITDA of ₹3.59 Cr (EBITDA margin 26.1%). The net worth stands at ₹7.47 Cr (up 30.6% YoY). Total assets are valued at ₹20.02 Cr (up 27.7% YoY).
The company has about 209 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Seemax Resources Limited. As per MCA filings, the company has open charges of ₹11.51 Cr and satisfied charges of ₹3.79 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company. The company has 2 deals on record (1 ipo, 1 market trade); the latest was in July 2026. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 24 overdue payments to 10 micro and small suppliers.
Seemax Resources Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0017387). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seemaxresources.com.
Company details
CIN U51100GJ2015PLC082140
Registration Number 082140
Incorporation Date 04 February 2015
ROC Ahmedabad
Listing Status Listed - Listed on BSE (544813)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0017387
Name history
Seemax Resources has undergone 2 name changes throughout its history. The company was previously known as Seemax Automotive Solutions Private Limited, and Seemax Resources Limited. The current legal name is Seemax Resources Limited.
| Company Name | Status |
|---|---|
| Seemax Resources Limited | Current |
| Seemax Automotive Solutions Private Limited | Previous |
CIN history
Seemax Resources has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51100GJ2015PLC082140, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ2015PLC082140 | Current |
| U71210GJ2015PTC082140 | Previous |
| U51100GJ2015PTC082140 | Previous |
Key People
Amit Naldev Trivedi Managing Director Seema Amit Trivedi Whole-Time Director Srinivasan Venkateshmurthy Director Recognitions & Rankings of Seemax Resources
Contact details
Seemax Resources Limited's registered office is in Vadodara, Gujarat.
- Registered Address403 Mayfair Corporate Park, Behind Dps School Kalali, Vadodara, Gujarat, India – 390012
- IndustryFinancial Services, Equipment Leasing & Financing
Comprehensive company report
Seemax Resources Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Brands
Seemax Resources operates one associated brand: Seemax Resources Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Material handling equipment, rental services, and supply chain solutions in Gujarat, India. | seemaxresources.com |
Business activity
The main business activity of Seemax Resources is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Seemax Resources Limited, buy the company report.
Financials of Seemax Resources Limited
FY 2025-26 filings availableSeemax Resources Limited reported revenue of ₹13.74 Cr (down 4.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹13.74 Cr
-4.7% YoY
EBITDA
₹3.59 Cr
-27.8% YoY
Profit After Tax
₹1.79 Cr
-24.2% YoY
Net Worth
₹7.47 Cr
+30.6% YoY
Total Assets
₹20.02 Cr
+27.7% YoY
Total Debt
₹12.27 Cr
+26.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 13.74 | 14.42 | 11.34 | 11.29 |
| Revenue growth | -4.7% | +27.2% | +0.4% | - |
| EBITDA | 3.59 | 4.97 | 3.85 | 2.37 |
| EBITDA margin | +26.1% | +34.5% | +34.0% | +21.0% |
| Profit before tax | 2.43 | 3.17 | 2.07 | 1.04 |
| Net profit | 1.79 | 2.36 | 1.44 | 0.76 |
| Net profit margin | +13.0% | +16.4% | +12.7% | +6.7% |
| EPS (₹) | 5.83 | 7.85 | 1,426.10 | 792.80 |
| Balance sheet | ||||
| Total assets | 20.02 | 15.68 | 14.62 | 9.76 |
| Net worth | 7.47 | 5.72 | 3.48 | 2.05 |
| Total debt | 12.27 | 9.67 | 10.94 | 7.58 |
| Cash & bank | 0.10 | 0.80 | 2.64 | 1.20 |
| Net working capital | 8.66 | 3.95 | 3.67 | 2.23 |
| Cash flow | ||||
| Cash from operations | 2.45 | 3.94 | 3.50 | 2.00 |
| Cash from investing | (4.08) | (3.20) | (4.36) | (1.08) |
| Cash from financing | 0.93 | (2.59) | 2.31 | (1.03) |
| Particulars | Mar 2026 | Dec 2025 |
|---|---|---|
| Revenue | 2.25 | 6.04 |
| Other income | 0.32 | 0.30 |
| Total expenses | 2.40 | 2.71 |
| EBITDA | (0.15) | 3.33 |
| EBITDA margin | -6.7% | +55.1% |
| Depreciation | 0.17 | 0.17 |
| Interest | 0.50 | 0.47 |
| Profit before tax | (0.50) | 2.99 |
| Tax | 0.00 | 0.63 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
| Particulars | Mar 2026 | Dec 2025 |
|---|---|---|
| Revenue | 2.25 | 6.04 |
| Other income | 0.32 | 0.30 |
| Total expenses | 2.40 | 2.71 |
| EBITDA | (0.15) | 3.33 |
| EBITDA margin | -6.7% | +55.1% |
| Depreciation | 0.17 | 0.17 |
| Interest | 0.50 | 0.47 |
| Profit before tax | (0.50) | 2.99 |
| Tax | 0.00 | 0.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 13.74 | 14.42 | 11.34 | 11.29 |
| Revenue growth | -4.7% | +27.2% | +0.4% | - |
| Other income | 1.25 | 0.04 | 0.06 | 0.09 |
| Total expenses | 10.15 | 9.45 | 7.49 | 8.92 |
| Employee cost | 5.92 | 6.17 | 5.18 | 4.02 |
| EBITDA | 3.59 | 4.97 | 3.85 | 2.37 |
| EBITDA margin | +26.1% | +34.5% | +34.0% | +21.0% |
| Depreciation | 0.67 | 0.63 | 0.78 | 0.56 |
| Interest | 1.74 | 1.21 | 1.06 | 0.86 |
| Profit before tax | 2.43 | 3.17 | 2.07 | 1.04 |
| Tax | 0.67 | 0.81 | 0.65 | 0.26 |
| Net profit | 1.79 | 2.36 | 1.44 | 0.76 |
| Net profit margin | +13.0% | +16.4% | +12.7% | +6.7% |
| EPS (₹) | 5.83 | 7.85 | 1,426.10 | 792.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 3.00 | 3.00 | 0.01 | 0.01 |
| Reserves & surplus | 4.47 | 2.72 | 3.47 | 2.04 |
| Shareholders' funds (net worth) | 7.47 | 5.72 | 3.48 | 2.05 |
| Secured loans | 11.35 | 7.71 | 8.22 | 5.44 |
| Unsecured loans | 0.92 | 1.96 | 2.72 | 2.14 |
| Total debt | 12.27 | 9.67 | 10.94 | 7.58 |
| Total liabilities | 20.02 | 15.68 | 14.62 | 9.76 |
| Assets | ||||
| Gross block | 16.10 | 15.61 | 13.97 | 9.59 |
| Net block | 12.38 | 12.53 | 11.52 | 7.89 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.49 | 0.48 | 0.59 | 0.05 |
| Sundry debtors | 2.96 | 2.56 | 1.53 | 1.76 |
| Cash & bank balances | 0.10 | 0.80 | 2.64 | 1.20 |
| Loans & advances | 7.08 | 2.10 | 0.38 | 0.44 |
| Total current assets | 10.63 | 5.94 | 5.14 | 3.45 |
| Total current liabilities | 1.97 | 1.99 | 1.47 | 1.22 |
| Net working capital | 8.66 | 3.95 | 3.67 | 2.23 |
| Total assets | 20.02 | 15.68 | 14.62 | 9.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 0.80 | 2.64 | 1.20 | 1.32 |
| Net cash from operating activities | 2.45 | 3.94 | 3.50 | 2.00 |
| Net cash from investing activities | (4.08) | (3.20) | (4.36) | (1.08) |
| Net cash from financing activities | 0.93 | (2.59) | 2.31 | (1.03) |
| Net change in cash | (0.70) | (1.84) | 1.44 | (0.12) |
| Closing cash | 0.10 | 0.80 | 2.64 | 1.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | -4.7% | +27.2% | +0.4% | - |
| EBITDA growth | -27.8% | +29.1% | +62.5% | - |
| PBT growth | -23.3% | +53.1% | +99.0% | +9997.0% |
| Net income growth | -24.2% | +63.9% | +89.5% | - |
| Revenue CAGR (3Y) | +6.8% | - | - | - |
| EBITDA CAGR (3Y) | +14.9% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +12.8% | +16.4% | +12.5% | +6.9% |
| Return on capital employed | +23.3% | +28.7% | +25.8% | +19.5% |
| Return on net worth | +26.5% | +48.7% | +51.7% | +38.5% |
| Debt / equity | 1.66 | 2.24 | 3.35 | 3.70 |
| Long-term debt / equity | 0.79 | 1.13 | 1.76 | 1.97 |
| Interest cover | 59.59 | 27.88 | 34.53 | 47.51 |
| Efficiency & per share | ||||
| Fixed asset turnover | 0.87 | 0.97 | 0.96 | 1.18 |
| Inventory turnover | 28.33 | 26.95 | 35.44 | 225.80 |
| Debtors turnover | 4.98 | 7.05 | 6.89 | 6.41 |
| EPS (₹) | 5.83 | 7.85 | 1,426.10 | 792.80 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 24.90 | 19.07 | 3,480.10 | 2,054.00 |
To see the full year-wise statements and ratios of Seemax Resources Limited, buy the company report.
Board of directors of Seemax Resources Limited
Seemax Resources has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Naldev Trivedi | Managing Director | 04 Feb 2015 | 11 Years 8 Months | Current |
| Seema Amit Trivedi | Whole-Time Director | 04 Feb 2015 | 11 Years 8 Months | Current |
| Srinivasan Venkateshmurthy | Director | 16 Apr 2025 | 1 Years 6 Months | Current |
| Sapna Jain Also directs: Aditya Ultra Steel Limited, Access Point India Limited | Director | 06 Jan 2025 | 1 Years 9 Months | Current |
| Aishwarya Singhvi Also directs: Nurture Well Industries Limited, Rubfila International Ltd, Mittal Sections Limited and 2 more | Director | 06 Jan 2025 | 1 Years 9 Months | Current |
Charges & borrowings
Open charges
₹11.51 Cr
Satisfied charges
₹3.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2025 | 101132061 | Axis Bank Limited | ₹2.19 Cr | Open | |
| 30 Jun 2025 | 101116653 | Hdfc Bank Limited | ₹22.45 Lakh | Open | |
| 29 Nov 2024 | 101013243 | Axis Bank Limited | ₹67.96 Lakh | Open | |
| 30 Aug 2024 | 100966936 | Axis Bank Limited | ₹69.6 Lakh | Open | |
| 28 Feb 2024 | 100875769 | Hdfc Bank Limited | ₹1.25 Cr | Open |
To see the full charge records of Seemax Resources Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Seemax Resources Limited has 2 deals on record (1 ipo, 1 market trade); the latest was in July 2026.
Total deals
2
IPO
1
Market trade
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹10.37 Cr | Buyer: Iffas Kshitij SPV LLP , Deep Health Ai India Limited, Bhavishya Ecommerce Private Limited Seller: Sunflower Broking Private Limited |
| Jul 2026 | IPO | ₹19.74 Cr | Investors: Public Market Investors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Seemax Resources Limited has 4 court cases on record: 4 filed by Seemax Resources. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Indo Engineering Project Corporation and 1 other | Disposed |
To see the full case history of Seemax Resources Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Seemax Resources Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 24 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Baroda Bearing Centre | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Seemax Resources Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Seemax Resources has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAVCS4846G2ZU | Gujarat | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Seemax Resources Limited, buy the company report.
Recent activity
Seemax Resources Limited has 10 board changes on record since 2015: 5 appointments and 5 cessations. The latest: Srinivasan Venkateshmurthy ceased to be Additional Director on 07 Jul 2025.
Filing
Seemax Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Seemax Resources Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.19 Cr with Charge ID 101132061 was registered on 14 Jul 2025.
Ceased
Srinivasan Venkateshmurthy ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 101116653 was registered on 30 Jun 2025.
Charges
A charge with Axis Bank Limited of Rs. 0.33 Cr registered on 06 May 2023 with Charge ID 100715125 was modified on 10 Jun 2025.
Charges
A charge with Axis Bank Limited of Rs. 0.80 Cr registered on 23 Feb 2023 with Charge ID 100687054 was modified on 10 Jun 2025.
Appointed
Srinivasan Venkateshmurthy was appointed as Director.
Ceased
Aishwarya Singhvi ceased to be Additional Director.
Ceased
Sapna Jain ceased to be Additional Director.
Appointed
Aishwarya Singhvi was appointed as Director.
Appointed
Sapna Jain was appointed as Director.
37 earlier events are in the company report.
Frequently asked questions
Seemax Resources is an active public limited company based in Vadodara, Gujarat, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 04 February 2015 (11+ years old) and is registered under CIN U51100GJ2015PLC082140. Listed on BSE: 544813.
Seemax Resources reported revenue of ₹13.74 Cr for FY 2025-26 (down 4.7% YoY) based on standalone financials.
Seemax Resources has 5 current directors:
- Amit Naldev Trivedi - Managing Director
- Seema Amit Trivedi - Whole-Time Director
- Srinivasan Venkateshmurthy - Director
- Sapna Jain - Director
- Aishwarya Singhvi - Director
The latest financial statements of Seemax Resources on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Seemax Resources is 24AAVCS4846G2ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Seemax Resources is U51100GJ2015PLC082140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Seemax Resources is a listed company as per MCA records. Its shares are listed on BSE (code: 544813).
Seemax Resources has 4 court cases on record: 4 filed by the company.
Seemax Resources was incorporated on 04 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Seemax Resources has 2 deals on record (1 ipo, 1 market trade); the latest was in July 2026.
Srinivasan Venkateshmurthy ceased to be Additional Director on 07 Jul 2025. Srinivasan Venkateshmurthy was appointed as Director on 16 Apr 2025. Aishwarya Singhvi ceased to be Additional Director on 28 Jan 2025. Seemax Resources has 10 board changes on record in total.