IPO

Seshaasai Technologies Limited IPO

Mainboard

Offer Date: Sep 23, 2025 - Sep 25, 2025

Exp. Premium: 30-35 (7.09%)

₹ 14805 /35 Shares

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Seshaasai Technologies IPO Details

23 Sep, 2025

Open Date

25 Sep, 2025

Close Date

26 Sep, 2025

Allotment Date

30 Sep, 2025

Listing Date

Issue Price

₹402-₹423 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

MUFG Intime India Pvt.Ltd.

Market Lot

Retail (Min): 35 Shares (₹14,805/-)
S-NII (Min): 490 Shares (₹2,07,270/-)
B-NII (Min): 2,380 Shares (₹10,06,740/-)

Lead Manager

IIFL Capital Services Ltd.,
ICICI Securities Ltd.,
SBI Capital Markets Ltd.

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)

Retail Portion

35% (Number of Retail Applications: 1,91,694 Approx),
(Number of S-HNI Applications : 1,956 Approx),
(Number of B-HNI Applications : 3,912 Approx)

Subscription

N/A times

IPO Docs

DRHP RHP

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 an 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.

Read More

Seshaasai Technologies Valuations

EPS Pre IPO

₹14.78

EPS Post IPO

₹13.74

P/E Pre IPO

28.63

P/E Post IPO

30.79

ROE

34.84%

ROCE

31.87%

Debt/Equity

0.37

RoNW

33.20%

PAT Margin

15.09%

EBITDA Margin

25.13%

Price to Book Value

13.41

Seshaasai Technologies Company Financials All values are in ₹ Cr.

31-Mar-2531-Mar-2431-Mar-23
Assets1,160.39958.41782.54
Revenue1,473.621,569.671,153.84
Profit After Tax222.32169.28108.10
Net Worth669.67465.58321.64
Reserves & Surplus490.52286.43201.29
Total Borrowing378.68350.24311.99

About The 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.

Read More

Seshaasai Technologies - Promoter(s)

Pre Issue Share Holding: 93.21

Company Promoter(s)
  1. Pragnyat Pravin Lalwani
  2. Gautam Sampatraj Jain

Seshaasai Technologies IPO - Issue Objectives

  1. Funding capital expenditure for the expansion of existing manufacturing units - ₹197.91 Cr
  2. Repayment and / or prepayment, in part or in full, of certain outstanding borrowings of the Company - ₹300.00 Cr
  3. General corporate purposes

Other Details

Company Contact Details

Seshaasai Technologies

9, Lalwani Industrial Estate, 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, 400031

Phone: +91 22 6627 0927

Email: companysecretary@seshaasai.com

Website: http://www.seshaasai.com/

Registrar Contact Details

MUFG Intime India Pvt.Ltd.

Phone: +91-22-4918 6270

Email: seshaasaitechnologies.ipo@in.mpms.mufg.com

Website: https://linkintime.co.in/Initial%5FOffer/public-issues.html

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. 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 IPO price band is set between ₹402-₹423 per equity share.

Ans. To apply for Seshaasai Technologies Limited IPO 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 allotment status for Seshaasai Technologies Limited IPO here.