Seshaasai Technologies Limited IPO
MainboardFinancial Technology (Fintech)
Listed On: Sep 30, 2025 at ₹ 432.0(NSE)
₹ 14805 /35 Shares
Check Allotment23 Sep, 2025
Open Date25 Sep, 2025
Close Date26 Sep, 2025
Allotment Date30 Sep, 2025
Listing DatePrice Summary
Last Closing
315.05 (-25.52%)52 Week High
437.4552 Week Low
295.00Last Update
3-Dec-2025 3:30 PMSeshaasai Technologies IPO Live Subscription Details
View Subscription DetailsSeshaasai Technologies IPO Issue Details
- Issue Price ₹402-₹423 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 1,92,21,603 shares(aggregating up to ₹813.07 crore)
- Fresh Share 1,13,47,588 shares(aggregating up to ₹480 crore)
- Offer For Sale 78,74,015 shares(aggregating up to ₹333.07 crore)
- Listing at BSE, NSE
- List Price 432.0(NSE)
- Listing Date 2025-09-30
- Lead Manager IIFL Capital Services Ltd
ICICI Securities Ltd
SBI Capital Markets Ltd - Registrar MUFG Intime India Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 35 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 35 | ₹14,805 |
| Retail(max) | 13 | 455 | ₹1,92,285 |
| SHNI(min) | 14 | 490 | ₹2,07,270 |
| SHNI(max) | 67 | 2,345 | ₹9,91,935 |
| BHNI(min) | 68 | 2,380 | ₹10,06,740 |
Seshaasai Technologies IPO Reservation
Seshaasai Technologies IPO offers total 1,92,21,604 shares. Out of which 38,32,396 (49.86%) allocated to QIB, 28,75,408 (14.96%) allocated to NII,67,09,285 (34.9%) allocated to RII, 52,219 (0.27%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| QIB Shares Offered | 38,32,396 (49.86%) | |
| NII (HNI) Shares Offered | 28,75,408 (14.96%) | |
| bNII < ₹10L | 1916398 (NA%) | |
| sNII < ₹10L | 958469 (NA%) | |
| Retail Shares Offered | 67,09,285 (34.9%) | |
| Employee Shares Offered | 52,219 (0.27%) | |
| Total Shares Offered | 1,92,21,604 (100%) |
Seshaasai Technologies IPO Details
Seshaasai Technologies IPO is a book-built issue of ₹813.07 crores, The total issue size is ₹813.07 crores. The IPO of Seshaasai Technologies is priced at ₹402-423 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Sep 23, 2025 and ends on Sep 25, 2025. The allotment for Seshaasai Technologies IPO will be finalized on Sep 26, 2025. Seshaasai Technologies IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 30, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt Ltd is the registrar of the issue.
Retail investors can bid for a minimum of 35 shares, extendable to 14,805. S-HNIs will be able to bid for 490 shares at ₹2,07,270, while B-HNIs can also apply for a bid of 2,380 shares at ₹10,06,740. The book-running lead manager for the IPO is/are IIFL Capital Services Ltd, ICICI Securities Ltd, SBI Capital Markets Ltd.
The total issue ₹813.07 crore, comprising a fresh issue of 1,13,47,588 shares ₹480 crore and having Offer for Sale (OFS) of 78,74,015 shares to mop up ₹333.07 crore.
The Seshaasai Technologies IPO sets its price band at 402-423 for each share. A single application for Seshaasai Technologies Limited IPO must contain at least 35 shares. Sentiment investors need to invest a minimum of 35 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,805 In order to participate in the sNII, investors must purchase at least 14 lots of 490 shares for ₹2,07,270, while the bNII requires 68 lots of 2,380 shares for an investment of ₹10,06,740.
Seshaasai Technologies IPO Subscription Analysis And Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 38,32,396 | 28,75,408 19,16,938 9,58,469 | 67,09,285 | 1,34,69,308 |
Day 1 23-09-25 05:00 PM | 0.01 x | 1.91 1.44 x 2.87 x | 1.20 x | 1.02 x |
Day 2 24-09-25 05:00 PM | 1.13 x | 6.18 4.98 x 8.58 x | 3.03 x | 3.17 x |
Day 3 25-09-25 05:00 PM | 189.49 x | 51.44 54.42 x 45.50 x | 9.45 x | 69.64 x |
Seshaasai Technologies Valuations
Seshaasai Technologies Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 1,160.39 | 958.61 | 782.54 | 568.85 |
| Revenue | 1,473.62 | 1,569.67 | 1,153.84 | 676.30 |
| Profit After Tax | 222.32 | 169.64 | 108.79 | 38.01 |
| Net Worth | 669.67 | 465.58 | 321.64 | 242.14 |
| Reserves & Surplus | 490.52 | 286.43 | 201.29 | 201.29 |
| Total Borrowing | 378.68 | 350.24 | 311.99 | 231.93 |
About Seshaasai Technologies Company
Established in 1993, Seshaasai Technologies Limited is a technology-oriented, multi-location solutions company, with expertise in payment solutions, as well as communications and fulfilment services, serving primarily the banking, financial services, and insurance (BFSI) sector.
The company delivers scalable, recurring solutions via proprietary platforms, facilitating BFSI industry operations in India. Also, it offers IoT solutions to a wide base of customers across different industries.
The company provides a tailor-made portfolio of services via 24 autonomous manufacturing units in seven different locations in India, facilitated by modern machinery, raw materials, and manpower to address local needs.
The units of the company are certified by international payment schemes, NPCI, PCI, and IBA for payment card manufacturing, data protection, and cheque production, addressing IT, cyber, and physical security standards.
Business Operation:
Payment Solutions: The firm provides payment devices such as debit, credit, prepaid, and transit cards, wearables, merchant QRs, cheques, and secured transaction stationery to public and private sector banks, fintech, and other issuers.
Communication and Fulfilment Solutions: It has omni-channel communication solutions through its Rubic platform, offering print and digital solutions to banks, insurance firms, AMCs, depositories, and financial institutions, including account statements, compliance communications, and customer requests in physical or electronic form.
IoT Solutions: The firm provides IoT-enabled RFID and NFC solutions, such as passive RFID tags, labels, and readers, to enhance supply chain management, product authenticity, and real-time data in industries including retail, manufacturing, and logistics.
Technology Platforms:
RUBIC: RUBIC is a data processing platform that personalizes output, is system integratable, and enables secure communication and IoT solutions.
eTaTrak: eTaTrak is an AI-powered logistics solution that tracks deliveries in real-time, ensuring accurate billing and enhanced service delivery.
IOMS: IOMS is a web-based order and inventory management platform, streamlining ordering processes and reducing costs by consolidating transactions.
As of June 30, 2025, the company had 862 permanent employees.
Seshaasai Technologies - Promoter(s)
Pragnyat Pravin Lalwani
Gautam Sampatraj Jain
Pre Issue Share Holding : 93.21
Post Issue Share Holding : 69.12%
Seshaasai Technologies IPO - Issue Objectives
Funding capital expenditure for the expansion of existing manufacturing units - ₹197.91 Cr
Repayment and / or prepayment, in part or in full, of certain outstanding borrowings of the Company - ₹300.00 Cr
General corporate purposes
Seshaasai Technologies IPO - Anchor Investors
Seshaasai Technologies : Anchor investors pick up Rs 243.3 crore worth of shares.
Nippon Life India, and ICICI Prudential MF were the largest institutional participants in the anchor book, who each chose 5.91 lakh shares for almost Rs 25 crore.
Other names in the marquee such as Valuequest India, Tata AIA General Insurance, UTI Mutual Fund, Motilal Oswal AMC, Sundaram Mutual Fund, HSBC MF, DSP MF, Franklin India, and Axis Max Life Insurance also joined in the anchor book.
Contact Details
Seshaasai Technologies
9, Lalwani Industrial Estate, 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, 400031
+91 22 6627 0927
Registrar Contact Details
Seshaasai Technologies IPO - FAQs
Ans. Seshaasai Technologies Limited IPO is a Mainboard IPO. The issue is priced at ₹402-₹423 per equity share. The minimum order quantity is 35 Shares. The IPO opens on Sep 23, 2025, and closes on Sep 25, 2025. MUFG Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Seshaasai Technologies Limited IPO opens on Sep 23, 2025 and closes on Sep 25, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Seshaasai Technologies Limited IPO is 1,92,21,603 shares (aggregating up to ₹813.07 Cr) Fresh Issue: 1,13,47,588 shares (aggregating up to ₹480.00 Cr) Offer for Sale: 78,74,015 shares of ₹10 (aggregating up to ₹333.07 Cr).
Ans. The Seshaasai Technologies Limited IPO price band is set between ₹402-₹423 per equity share.
Ans. To apply for Seshaasai Technologies Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Seshaasai Technologies Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Seshaasai Technologies Limited IPO is Sep 26, 2025.
Ans. The Seshaasai Technologies Limited IPO will be listed on Sep 30, 2025.
Ans. Follow the steps to check the Seshaasai Technologies Limited IPO allotment status online.
