Seshaasai Technologies  is a technology-driven, multi-location solutions provider specializing in payments, communications & fulfilment, and IoT solutions. In payments, it enables secure transactions through a wide range of instruments including debit, credit, prepaid, and mass transit cards, as well as cheques. Its communications & fulfilment offerings deliver secured omni-channel communication through print, interactive PDFs, emails, and text messages. The Company’s IoT portfolio covers RFID-enabled solutions and comprehensive IoT ecosystem services, addressing diverse client needs with innovation and reliability.
Price Band₹402 - ₹423 |
Dates23 Sep - 25 Sep |
GMP₹41 (9.69%) |
Subscriptions68.13 times |
Issue Size₹813.07 Crs |
Seshaasai Technologies IPO Objects
- Funding capital expenditure for the expansion of existing manufacturing units
- Repayment and / or prepayment, in part or in full, of certain outstanding loans of our Company
- General corporate purposes
Seshaasai Technologies IPO Details
Price Band₹402 - ₹423 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹480.00 Cr (1.13 Cr Shares) |
Offer For Sale₹333.07 Cr (0.79 Cr Shares) |
Total Issue₹813.07 Cr (1.92 Cr Shares) |
Face Value₹10 per equity share |
Seshaasai Technologies IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
35
14,805
Maximum
13
455
1,92,465
|
|||
| Small HNI |
Minimum
14
490
2,07,270
Maximum
67
2,345
9,91,935
|
|||
| Big HNI |
Minimum
68
2,380
10,06,740
|
|||
Seshaasai Technologies IPO Subscription
Updated as on 25-Sep-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 189.63 | 38,29,528 | 72,61,88,155 |
| NII | 49.89 | 29,64,696 | 14,78,98,485 |
| bNII (bids above ₹10L) | 52.77 | 19,76,464 | 10,42,88,310 |
| sNII (bids between ₹2L to ₹10L) | 44.13 | 9,88,232 | 4,36,10,175 |
| Retail | 9.17 | 69,17,623 | 6,34,06,490 |
| Employee | 9.00 | 55,248 | 4,97,385 |
| Total | 68.13 | 1,37,67,095 | 93,79,90,515 |
Seshaasai Technologies IPO GMP
The estimated Grey Market Premium of Seshaasai Technologies IPO is ₹41 per share (9.69%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Seshaasai Technologies IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 1,463.15 | 1,558.26 | 1,146.30 |
| Profit after Tax | 222.32 | 169.28 | 108.10 |
| Net Worth | 669.67 | 465.58 | 321.64 |
| Total Borrowing | 378.68 | 350.24 | 311.99 |
| Total Assets | 1,160.39 | 958.41 | 782.54 |
| NAV per share (in ₹) | 45.37 | 31.54 | 36.21 |
| EPS - Basic (in ₹) | 15.06 | 18.55 | 12.17 |
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 25.13% |
| PAT | 15.09% |
| ROE | 34.84% |
| ROCE | 31.87% |
| Net Debt to Equity | 0.37 |
| PE Ratio | 28.09 |
| PB Ratio | 9.32 |
| Mkt Cap (in Crs.) | 6,844.18 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Seshaasai Technologies IPO Peer Comparision
Seshaasai Technologies IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Pragnyat Pravin Lalwani | 46.60% |
| Gautam Sampatraj J | 46.60% |
| Total | 93.20% |
Management Details
| Name | Designation |
|---|---|
| Pragnyat Pravin Lalw | MD |
| Gautam Sampatraj Jain | WTD |
| Pawan Kumar Pillalamarri | CFO |
Company Details
Name: Seshaasai Technologies Limited
Address: 9, Lalwani Industrial Estate
14, Katrak Road, Wadala (West),
Mumbai – 400 031, Maharashtra,
India
Number: +91 2266270927
Email: companysecretary@seshaasai.com
Website: www.seshaasai.com
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Seshaasai Technologies IPO is a Mainboard IPO having an issue size of Rs. ₹813.07 Crs. Seshaasai Technologies IPO is priced at ₹402 - ₹423 per share. The issue opens on 23 Sep 25 and closes on 25 Sep 25.
Seshaasai Technologies IPO opens on 23 Sep 25 and closes on 25 Sep 25.
The estimated Grey Market Premium of Seshaasai Technologies IPO is ₹41 per share (9.69%).
The minimum lot size of Seshaasai Technologies IPO is 35 shares & the minimum application amount is Rs. 14805.
The allotment date of Seshaasai Technologies IPO is 26 Sep 25.
The listing date of Seshaasai Technologies IPO is 30 Sep 25.
Seshaasai Technologies IPO is subscribed 68.13 times.
Seshaasai Technologies IPO is priced at ₹402 - ₹423 per share.
Click the allotment link on Seshaasai Technologies IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Seshaasai Technologies IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!