
Seshaasai Technologies
MainboardMin): 35 Shares / Retail
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 Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Sep 23, 2025 - Sep 25, 2025 | 30 Sep, 2025 | ₹10 Per Equity Share | ₹402-₹423 per equity share | - | Shares | - | BSE, NSE |
Seshaasai Technologies IPO Timeline
Issue Price
₹402-₹423 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
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 timesSeshaasai Technologies IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 25 | 1160.39 | 1473.62 | 222.32 | 669.67 | 490.52 | 378.68 |
31 Mar 24 | 958.41 | 1569.67 | 169.28 | 465.58 | 286.43 | 350.24 |
31 Mar 23 | 782.54 | 1153.84 | 108.10 | 321.64 | 201.29 | 311.99 |
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.
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
9, Lalwani Industrial Estate, 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, 400031MUFG 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