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Seshaasai Technologies Ltd

IPO Details · GMP · Subscription · Financials
✅ Listed NSE & BSE Mainboard
Issue Price
₹423
Per Share
GMP
NIL
Grey Market
Est. Listing
₹423
Expected Price
Min. Application
₹29,610
2 lots × 35 shares
IPO Issue Details
Issue Price / Price Band₹423 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size35 Shares per Lot
Total Issue Size1,92,21,603 shares (aggregating up to ₹813.07 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 23 Sep 2025
Subscription CloseThu, 25 Sep 2025
Anchor AllotmentMon, 22 Sep 2025
Basis of AllotmentFri, 26 Sep 2025
Initiation of RefundsMon, 29 Sep 2025
Credit of Shares to DematMon, 29 Sep 2025
Listing DateTue, 30 Sep 2025
UPI Mandate Deadline2025-09-25
Application & Investment Details
Retail — Min (1 Lots)₹14,805 — 35 shares
Retail — Max (13 Lots)₹192,465 (13 Lots)
HNI — Min (3 Lots)₹44,415 — 105 shares
EPS (Pre-IPO)₹14.78
EPS (Post-IPO)₹13.74
P/E Ratio (Pre-IPO)28.63x
P/E Ratio (Post-IPO)30.79x
Pre-IPO Promoter Holding15,04,53,300 shares
Post-IPO Promoter Holding16,18,00,888 shares
Fresh Issue Shares1,13,47,588 shares (aggregating up to ₹480.00 Cr)
Offer for Sale Shares78,74,015 shares of ₹10 (aggregating up to ₹333.07 Cr)
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.

Shareholding & Lock-in
Pre-IPO Promoter Holding 15,04,53,300 shares
Post-IPO Promoter Holding 16,18,00,888 shares
Check Allotment Check Status →
Seshaasai Technologies Ltd — Live Price LIVE
₹423.00
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Issue Price
₹423.00
Issue Price
₹423.00
Face Value
₹10
Lot Size
35 sh
Listed On
30 Sep 2025
Exchange
NSE & BSE
GMP
NIL
Symbol: NSE:SESHAASAI
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹423
GMPNIL
Est. Listing₹423
Lot Size35 shares
Min Amount₹29,610
Listing Date30 Sep 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹423
Listing Date30 Sep 2025
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — Seshaasai Technologies Ltd Post-listing trend
Issue Price ₹423.00
GMP NIL
Est. Listing ₹423.00
Status: Listed
IPO Subscription Status
Listed on 30 Sep 2025
Final subscription figures recorded below
Issue Price
₹423
Lot Size
35 sh
Min Investment
₹29,610
Open Date
23 Sep 2025
Tue
Close Date
25 Sep 2025
Thu
Allotment
26 Sep 2025
Fri
Listing
30 Sep 2025
Tue
UPI Mandate Deadline: 2025-09-25
Important Dates
Subscription OpensTue, 23 Sep 2025
Subscription ClosesThu, 25 Sep 2025
Anchor AllotmentMon, 22 Sep 2025
Basis of AllotmentFri, 26 Sep 2025
Initiation of RefundMon, 29 Sep 2025
Demat CreditMon, 29 Sep 2025
Listing DateTue, 30 Sep 2025
UPI Mandate Deadline2025-09-25
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 70 ₹29,610
Retail (Max — 13 Lots) 13 455 ₹192,465
S-HNI (Min — 14 Lots) 14 490 ₹207,270
S-HNI (Max — 66 Lots) 66 2,310 ₹977,130
B-HNI (Min — 67 Lots) 67 2,345 ₹991,935
* Issue Price ₹423 × Lot Size 35 shares
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 31 Mar 2025 31 Mar 2024 31 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
Total Borrowings 378.68 350.24 311.99
EBITDA Margin (%) 25.13%
PAT Margin (%) 15.09%
Key Ratios & Valuation
Issue Price₹423
Face Value₹10 Per Share
Price / Book Value (P/BV)13.41
Return on Equity (RoE)34.84%
Return on Capital Employed (RoCE)31.87%
Return on Net Worth (RoNW)33.20%
PAT Margin (%)15.09%
EBITDA Margin (%)25.13%
Debt / Equity Ratio0.37
Issue Structure & Shareholding
Total Shares OfferedNot Available
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding15,04,53,300 shares
Post-Issue Promoter Holding16,18,00,888 shares
Script CodeNot Available
Objects of the Issue

Seshaasai Technologies Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
3
Object 3
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh Capital-cum-Offer for Sale
Total Shares OfferedNot Available
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding15,04,53,300 shares
Post-Issue Promoter Holding16,18,00,888 shares
Company Details
Company Name
Seshaasai Technologies Ltd
Listing Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
Not Available
Registered Address
9, Lalwani Industrial Estate, 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, 400031
IPO Registrar (Share Transfer Agent)
Book Running Lead Managers (BRLM)
IIFL Capital Services Lt
Book Running Lead Manager (BRLM)
ICICI Securities Ltd
Book Running Lead Manager (BRLM)
SBI Capital Markets Ltd
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
IPO Opens
23 Sep 2025, Tue
✓ Done
IPO Closes
25 Sep 2025, Thu
✓ Done
Basis of Allotment
26 Sep 2025, Fri
✓ Done
Initiation of Refunds
29 Sep 2025, Mon
✓ Done
Credit of Shares
29 Sep 2025, Mon
✓ Done
Listing Day
30 Sep 2025, Tue
✓ Done
Quick Summary
Issue Price₹423
Face Value₹10
Lot Size35 Shares
Min. Investment₹29,610
Open Date23 Sep 2025
Close Date25 Sep 2025
Allotment26 Sep 2025
Listing Date30 Sep 2025
ExchangeNSE & BSE
GMPNIL
Est. Listing₹423
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