Seshaasai Technologies

Seshaasai Technologies

Mainboard

Min): 35 Shares / Retail

Exp. Premium:92-96(21.75%)
Offer Date:Sep 23, 2025 - Sep 25, 2025
Share

IPO Details

Seshaasai Technologies IPO is priced between ₹402-₹423 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and MUFG Intime India Pvt.Ltd. is managing the issue as the registrar.

The IPO bidding period opened on 23 Sep, 2025, and closed on 25 Sep, 2025. The allotment results will be announced on 26 Sep, 2025, with a tentative listing date set for 30 Sep, 2025.

The total issue comprises 1,92,21,603 shares , amounting to ₹813.07 Cr.

Seshaasai Technologies IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Sep 23, 2025 - Sep 25, 202530 Sep, 2025₹10 Per Equity Share₹402-₹423 per equity share- Shares -BSE, NSE

Seshaasai Technologies IPO Timeline

IPO Open Date
23 Sep, 2025
IPO Close Date
25 Sep, 2025
Basis of Allotment
26 Sep, 2025
Listing Date
30 Sep, 2025

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 Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 251160.391473.62222.32669.67490.52378.68
31 Mar 24958.411569.67169.28465.58286.43350.24
31 Mar 23782.541153.84108.10321.64201.29311.99

All values are in ₹ Cr.

Seshaasai Technologies IPO Valuations

EPS PRE IPO

₹14.78

EPS POST IPO

₹13.74

PE PRE IPO

28.63

PE POST IPO

30.79

ROE

34.84%

ROCE

31.87%

DEBT EQUITY

0.37

RONW

33.20%

PAT MARGIN

15.09%

PRICE TO BOOK VALUE

13.41

About 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 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
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