
Seshaasai Technologies
Mainboard₹14,805 / 35 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 25 Sep 2025, 06:55 PM |
| QIBs | 189.49 |
| NII | Bids above ₹10L: 54.42 times Bids below ₹10L: 45.50 times NII Total: 51.44 |
| Retail | 9.45 times |
| Employee | 9.52 times |
| Total | 69.64 times |
Seshaasai Technologies IPO Details
The Seshaasai Technologies IPO price band is set between ₹402-₹423 per equity share, with a face value of ₹10 per share. The issue is managed by MUFG Intime India Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 23 Sep, 2025 and closes on 25 Sep, 2025. Investors can check the allotment status on 26 Sep, 2025, while the listing date is tentatively scheduled for 30 Sep, 2025.
The total issue size is 1,92,21,603 shares, aggregating up to ₹813.07 crore. Stay tuned for the latest Seshaasai Technologies IPO review and GMP updates.
Seshaasai Technologies IPO Review, Rating & Analysis
Seshaasai Technologies IPO Review
NO REVIEWSeshaasai Technologies IPO Rating
Seshaasai Technologies IPO Highlights
IPO Date
Sep 23, 2025 - Sep 25, 2025
Listing Date
30 Sep, 2025
Face Value
₹10 Per Equity Share
Price Band
₹402-₹423 per equity share
Lot Size
35 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Seshaasai Technologies IPO Lot Size
The minimum market lot for Seshaasai Technologies IPO is 35 shares with an application amount of ₹14,805. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,805 |
| Retail (Max) | 13 | 455 | ₹1,92,465 |
| S-HNI (Min) | 14 | 490 | ₹2,07,270 |
| S-HNI (Max) | 67 | 2345 | ₹9,91,935 |
| B-HNI (Min) | 68 | 2380 | ₹10,06,740 |
Seshaasai Technologies IPO Timeline
Issue Price
₹402-₹423 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Pvt LtdLead Manager
IIFL Capital Services LtdICICI Securities LtdSBI Capital Markets LtdIssue Size
1,92,21,603 shares(aggregating up to ₹813.07 crore)Seshaasai 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 | 958.61 | 1569.67 | 169.64 | 465.58 | 286.43 | 350.24 |
| 31 Mar 23 | 782.54 | 1153.84 | 108.79 | 321.64 | 201.29 | 311.99 |
| 31 Mar 22 | 568.85 | 676.30 | 38.01 | 242.14 | 201.29 | 231.93 |
All values are in ₹ Cr.
Promoters & Share Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
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 Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Retail (min) | 38,32,396 | 28,75,408 19,16,938 9,58,469 | 35 | ₹14,805 |
| Retail(max) | 0.01 x | 1.91 1.44 x 2.87 x | 455 | ₹1,92,285 |
| SHNI(min) | 1.13 x | 6.18 4.98 x 8.58 x | 490 | ₹2,07,270 |
| SHNI(max) | 189.49 x | 51.44 54.42 x 45.50 x | 2,345 | ₹9,91,935 |
| BHNI(min) | 1,160.39 | 958.61 | 2,380 | ₹10,06,740 |
| Shares Offered / Reserved | 1,473.62 | 1,569.67 | 67,09,285 | 1,34,69,308 |
Day 123-09-25 05:00 PM | 222.32 | 169.64 | 1.20 x | 1.02 x |
Day 224-09-25 05:00 PM | 669.67 | 465.58 | 3.03 x | 3.17 x |
Day 325-09-25 05:00 PM | 490.52 | 286.43 | 9.45 x | 69.64 x |
| Assets | 378.68 | 350.24 | 782.54 | 568.85 |
| Revenue | 1,153.84 | 676.30 | ||
| Profit After Tax | 108.79 | 38.01 | ||
| Net Worth | 321.64 | 242.14 | ||
| Reserves & Surplus | 201.29 | 201.29 | ||
| Total Borrowing | 311.99 | 231.93 |
Company Contact Details
Seshaasai Technologies
9, Lalwani Industrial Estate, 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, 400031Registrar Contact Details
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: seshaasaitechnologies.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Frequently Asked Questions about Seshaasai Technologies IPO
When will Seshaasai Technologies IPO open for subscription?
The Seshaasai Technologies IPO opens on 23 Sep, 2025 and closes on 25 Sep, 2025.
What is the investors portion for Seshaasai Technologies IPO?
The investors' portion for QIB is 378.68, NII is 350.24, and Retail is 782.54.
How to apply for Seshaasai Technologies IPO?
You can apply for Seshaasai Technologies IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Seshaasai Technologies IPO?
The issue size of Seshaasai Technologies IPO is approx ₹1,92,21,603 shares(aggregating up to ₹813.07 crore) crores.
What is the price band of Seshaasai Technologies IPO?
The price band for Seshaasai Technologies IPO is ₹402 to ₹₹423 per equity share.
What is the lot size of Seshaasai Technologies IPO?
The minimum bid (lot size) for Seshaasai Technologies IPO is N/A shares with an investment of approx ₹14,805 .
What is the allotment date of Seshaasai Technologies IPO?
The allotment date for Seshaasai Technologies IPO is 26 Sep, 2025.
What is the listing date of Seshaasai Technologies IPO?
The listing date for Seshaasai Technologies IPO is expected to be 30 Sep, 2025.
What is the GMP of Seshaasai Technologies IPO?
The latest Grey Market Premium (GMP) for Seshaasai Technologies IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
