Seshaasai Technologies

Seshaasai Technologies

Mainboard

₹14,805 / 35 Shares

Offer Date:Sep 23, 2025 - Sep 25, 2025
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IPO Live Subscription Details

CategorySubscription (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

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Seshaasai 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.

ApplicationLotsSharesAmount
Retail (Min)135₹14,805
Retail (Max)13455₹1,92,465
S-HNI (Min)14490₹2,07,270
S-HNI (Max)672345₹9,91,935
B-HNI (Min)682380₹10,06,740

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

Lead Manager

IIFL Capital Services LtdICICI Securities LtdSBI Capital Markets Ltd

Issue Size

1,92,21,603 shares(aggregating up to ₹813.07 crore)

Seshaasai Technologies IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 251160.391473.62222.32669.67490.52378.68
31 Mar 24958.611569.67169.64465.58286.43350.24
31 Mar 23782.541153.84108.79321.64201.29311.99
31 Mar 22568.85676.3038.01242.14201.29231.93

All values are in ₹ Cr.

Promoters & Share Holding

Share Holding Pre IssueShare Holding Post Issue
N/AN/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.

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Seshaasai Technologies IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
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 / Reserved1,473.62
1,569.67

67,09,2851,34,69,308
Day 123-09-25 05:00 PM
222.32
169.64

1.20 x1.02 x
Day 224-09-25 05:00 PM
669.67
465.58

3.03 x3.17 x
Day 325-09-25 05:00 PM
490.52
286.43

9.45 x69.64 x
Assets378.68
350.24

782.54568.85
Revenue

1,153.84676.30
Profit After Tax

108.7938.01
Net Worth

321.64242.14
Reserves & Surplus

201.29201.29
Total Borrowing

311.99231.93
Total No. of Applications:

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

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.

PD

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.

Seshaasai Technologies IPO Date, Review, Price, Allotment Details, GMP | IPOROCK