Seshaasai Technologies IPO
Seshaasai Technologies IPO is listed on BSE and NSE, priced at ₹402–₹423 per share. The stock debuted at ₹432, delivering a listing gain of 2.1%. The IPO had a lot size of ₹35 shares and a minimum investment of ₹14,805.
Seshaasai Technologies Limited IPO
- IPO Dates
- Sep 23, 2025 – Sep 25, 2025
- Price band
- ₹402-423 per equity share
- Minimum Investment
- ₹14,805
- Issue size
- ₹813.07 Cr
- Lot size
- 35
- Allotment Date
- Sep 26, 2025
- Listing
- Sep 30, 2025
- Listing At
- BSE, NSE
IPO timeline
-
Sep 23, 2025
Open Date
Completed
-
Sep 25, 2025
Close Date
Completed
-
Sep 26, 2025
Allotment Date
Completed
-
Sep 30, 2025
Listing Date
Completed
Price Summary
- Last closing
- 268.37 (-36.56%)
- 52 week high
- 437.45
- 52 week low
- 209.11
- Last update
Seshaasai Technologies IPO Subscription Details
View Subscription DetailsSeshaasai Technologies IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Seshaasai Technologies IPO Essentials
Seshaasai Technologies IPO Details
Seshaasai Technologies IPO is priced at ₹402-423 per share with a total issue size of 813.07 crore. The IPO has a lot size of 35 shares and is listed on BSE and NSE.
- Issue price
- ₹402-₹423 per equity share
- Lot size
- 35 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 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) - Total issue size
- 1,92,21,603 shares
(aggregating up to ₹813.07 crore) - Fresh issue
- 1,13,47,588 shares
(aggregating up to ₹480 crore) - Offer for sale (OFS)
- 78,74,015 shares
(aggregating up to ₹333.07 crore) - Listing at
- BSE, NSE
- List price
- 432.0(NSE)
- Listing date
- Registrar
- MUFG Intime India Pvt Ltd
- Lead manager
-
IIFL Capital Services Ltd, ICICI Securities Ltd, SBI Capital Markets 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 |
| sHNI(min) | 68 | 2,380 | ₹10,06,740 |
Seshaasai Technologies IPO Reservation
Seshaasai Technologies IPO reservation details show category-wise allocation of shares. Out of the total 1,92,21,604 shares, approximately 49.86% are reserved for QIB, 14.96% for NII, 34.9% for retail investors, 0.27% for employees, and 0% for 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%) | |
| bHNI > ₹10L | 1916398 (NA%) | 3912 |
| sHNI < ₹10L | 958469 (NA%) | 1956 |
| Retail Shares Offered | 67,09,285 (34.9%) | 1,91,694 |
| Employee Shares Offered | 52,219 (0.27%) | |
| Total Shares Offered | 1,92,21,604 (100%) |
Seshaasai Technologies IPO Analytics
Seshaasai Technologies IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Seshaasai Technologies IPO Subscription Status
Seshaasai Technologies IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 69.64x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
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 |
1.91x
1.44x
2.87x
|
1.20 x | 1.02 x |
|
Day 2
24-09-25 05:00 PM
|
1.13 x |
6.18x
4.98x
8.58x
|
3.03 x | 3.17 x |
|
Day 3
25-09-25 05:00 PM
|
189.49 x |
51.44x
54.42x
45.50x
|
9.45 x | 69.64 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 1776376 (Approx) | 11.04x | 44.67x | 8.53x |
Seshaasai Technologies Valuations
Earnings
- EPS Pre IPO
- ₹14.78
- EPS Post IPO
- ₹13.74
- P/E Pre IPO
- 28.63
- P/E Post IPO
- 30.79
Returns
- ROE
- 34.84%
- ROCE
- 31.87%
- RoNW
- 33.20%
- PAT Margin
- 15.09%
Fundamentals
- Debt / Equity
- 0.37
- Price / Book
- 13.41
Seshaasai Technologies Financials( In Crs.)
| 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 |
Seshaasai Technologies Company & Offer Insights
About Seshaasai Technologies
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 are the company's promoters of Seshaasai Technologies.
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 Information
Contact Details
Seshaasai Technologies
+91 22 6627 0927
companysecretary@seshaasai.com
9, Lalwani Industrial Estate, 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, 400031
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Seshaasai Technologies IPO is a book-built IPO worth ₹813.07 crore. The price band is ₹402–₹423 per share. The IPO opens on Sep 23, 2025 and closes on Sep 25, 2025. It will be listed on BSE and NSE. MUFG Intime India Pvt Ltd is the registrar.
The price band of Seshaasai Technologies IPO is ₹402 to ₹423 per share.
The lot size of Seshaasai Technologies IPO is 35 shares.
The minimum investment for Seshaasai Technologies IPO is approximately ₹14,805 based on the upper price band .
Seshaasai Technologies IPO opens on Sep 23, 2025 and closes on Sep 25, 2025.
The allotment date of Seshaasai Technologies IPO is Sep 26, 2025.
Seshaasai Technologies IPO is expected to be listed on Sep 30, 2025, on BSE and NSE .
Seshaasai Technologies IPO listed on Sep 30, 2025. It was issued at ₹432.0(NSE) and is currently around ₹268.37 as on 27-May-2026 3:30 PM, which is approximately -36.6% versus issue price. The 52-week high is ₹437.45.
Based on listing and post-listing performance, Seshaasai Technologies IPO delivered around -36.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Seshaasai Technologies IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Seshaasai Technologies IPO valuation snapshot: P/E 30.79, EPS ₹13.74, P/B 13.41, RoNW 33.20%, and market cap N/A.
To apply for Seshaasai Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Seshaasai Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Seshaasai Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Seshaasai Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Seshaasai Technologies IPO allotment status on IPO Ji for quick and easy access.