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Seshaasai Technologies Ltd

Seshaasai Technologies Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹423
₹423
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹423
Based on GMP
Min. Investment
₹14,805
1 lot × 35 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Sep 2025
Close Date
25 Sep 2025
Allotment
26 Sep 2025
Listing Date
30 Sep 2025
Exchange
NSE & BSE
Price Band
₹423
Listing Price
See chart
Allotment Status
Price Band
₹423
Per share
Face Value
₹10 per share
 
Lot Size
35 Shares
per lot
Issue Size
1,92,21,603 shares (aggregating up to ₹813.07 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,805
1 lot
Pre-IPO Holding
15,04,53,300 shares
Promoters
Post-IPO Holding
16,18,00,888 shares
Promoters
P/E (Pre)
28.63x
 
P/E (Post)
30.79x
 
EPS (Pre)
₹14.78
 
EPS (Post)
₹13.74
 
UPI Deadline
2025-09-25
Mandate
Anchor AllotmentMon, 22 Sep 2025
Basis of AllotmentFri, 26 Sep 2025
Refund InitiationMon, 29 Sep 2025
Demat CreditMon, 29 Sep 2025
Listing DayTue, 30 Sep 2025
UPI Mandate Deadline2025-09-25
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,13,47,588 shares (aggregating up to ₹480.00 Cr)
Offer for Sale78,74,015 shares of ₹10 (aggregating up to ₹333.07 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Seshaasai Technologies Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Sep 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
100% ₹813.07
Lot Size & Investment
Lot Size
35
Shares per Lot
Issue Price
₹423.00
Upper Band
Min Investment
₹14,805
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)270₹29,610
Retail (Max — 13 Lots)13455₹192,465
S-HNI (Min — 14 Lots)14490₹207,270
B-HNI (Min — 68 Lots)682,380₹1,006,740
* Issue Price ₹423 × Lot Size 35 shares
IPO Schedule
Anchor
22 Sep 2025
✓ Done
IPO Open
23 Sep 2025
✓ Done
IPO Close
25 Sep 2025
✓ Done
Allotment
26 Sep 2025
✓ Done
Refunds
29 Sep 2025
✓ Done
Demat Credit
29 Sep 2025
✓ Done
Listing Day
30 Sep 2025
✓ Done
Seshaasai Technologies Ltd — Live Price LIVE
₹423.00
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Issue ₹423.00 Live Price
About Seshaasai Technologies Ltd
Incorporated in 1993, Seshaasai Technologies Limited is a technology-driven, multi-location solutions provider, specializing in payment solutions, as well as communications and fulfilment services, primarily catering to the banking, financial services, and insurance (BFSI) industry.The company offers scalable, recurring solutions through proprietary platforms, enabling BFSI sector operations in India. Additionally, it provides IoT solutions to a diverse range of customers across various industries.The company offers a customized portfolio of services through 24 self-sustaining manufacturing units across seven locations in India, equipped with advanced machinery, raw materials, and skilled workforce to meet local requirements.The company’s units are certified by global payment schemes, NPCI, PCI, and IBA for payment card production, data security, and cheque manufacturing, ensuring compliance with IT, cyber, and physical security standards.Business Operation:Payment Solutions: The company offers payment instruments like debit, credit, prepaid, and transit cards, wearables, merchant QRs, cheques, and secured transaction stationery to banks, fintech, and other issuers in the public and private sectors.Communication and Fulfilment Solutions: The company offers omni-channel communication solutions via its Rubic platform, providing print and digital services for banks, insurance companies, AMCs, depositories, and financial institutions, including account statements, compliance communication, and customer requests in physical or digital formats.IoT Solutions: The company offers IoT-powered RFID and NFC solutions, including passive RFID tags, labels, and readers, to optimize supply chain management, product authenticity, and real-time data across industries like retail, manufacturing, and logistics.Technology Platforms:RUBIC: RUBIC is a data processing platform that personalizes outputs, integrates with systems, and supports 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.Competitive Strengths:Established Leadership Position in the Large and Regulated Payment Solutions Industry with High Barriers to EntryLong Standing Relationships with a Large Customer BaseComprehensive Portfolio of Customizable and Scalable SolutionsProprietary Technology Stack Enabling Bespoke SolutionsPan-India Advanced Manufacturing CapabilitiesTrack Record of Healthy Financial PerformanceExperienced Promoters and Senior Management Team backed by Committed Employee Base.
Objects of the Issue
1
Funding capital expenditure for the expansion of existing manufacturing units
2
Repayment and / or prepayyment, in part or in full, of certain outstanding borrowings of the Compan
3
General corporate purposes
Seshaasai Technologies Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹1,153.8
31 Mar 2023
₹1,569.7
31 Mar 2024
₹1,473.6
31 Mar 2025
Profit After Tax (PAT)
₹108.1
31 Mar 2023
₹169.3
31 Mar 2024
₹222.3
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 1473.62 1569.67 1153.84
EBITDA 370.37 303.01 207.43
Profit After Tax (PAT) 222.32 169.28 108.10
Net Worth 669.67 465.58 321.64
Total Assets 1160.39 958.41 782.54
Reserves & Surplus 490.52 286.43 201.29
Borrowings 378.68 350.24 311.99
EBITDA Margin (%) 25.13%
PAT Margin (%) 15.09%
P/BV Ratio
13.41
RoE
34.84%
RoCE
31.87%
RoNW
33.20%
PAT Margin
15.09%
EBITDA Margin
25.13%
Debt/Equity
0.37
Issue Structure & Shareholding
Total Shares OfferedN/A
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding15,04,53,300 shares
Post-Issue Promoter Holding16,18,00,888 shares
P/BV Ratio13.41
RoE34.84%
RoCE31.87%
Debt / Equity0.37
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
IIFL Capital Services Lt
ICICI Securities Ltd
SBI Capital Markets Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Seshaasai Technologies Ltd IPO subscribed?

Seshaasai Technologies Ltd IPO is subscribed 1.00 times by Sep 25, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Seshaasai Technologies Ltd IPO retail subscription status?

The Seshaasai Technologies Ltd IPO retail category is subscribed 1.00 times as of 25 Sep 2025. The retail portion is oversubscribed.

How to subscribe Seshaasai Technologies Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Sep 2025 and closes 25 Sep 2025. Min investment: ₹14,805 (1 lot = 35 shares). UPI mandate: 2025-09-25.

How many times Seshaasai Technologies Ltd IPO subscribed?

The Seshaasai Technologies Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Seshaasai Technologies Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 26 Sep 2025. Refunds: on 29 Sep 2025.

When Seshaasai Technologies Ltd IPO will be listed?

The Seshaasai Technologies Ltd IPO listing date is 30 Sep 2025, Tuesday. Listed on: NSE & BSE. Issue price: ₹423. Estimated listing: ₹423. GMP: NIL.

When Seshaasai Technologies Ltd IPO close?

The Seshaasai Technologies Ltd IPO closes on 25 Sep 2025, Thursday. UPI mandate: 2025-09-25. Allotment: 26 Sep 2025. Listing: 30 Sep 2025.