Seshaasai Technologies IPO Description – Seshaasai Technologies is a technology-driven, multi-location solutions provider specializing in payments, communications, and fulfillment solutions, primarily for the Banking, Financial Services, and Insurance (BFSI) sector. With a strong emphasis on data security and regulatory compliance, the company delivers scalable, recurring solutions powered by its proprietary platforms.
The company’s business verticals include Payment Solutions, Communication and Fulfillment Solutions, and IoT Solutions. Seshaasai Technologies offers an integrated and customized portfolio of services through its pan-India physical network, which includes 24 manufacturing units across seven locations in India as of 31 March 2024.
Seshaasai Technologies is among the few vendors in India with approved facilities for manufacturing a wide range of payment products, including plastic cards, metal cards, sustainable cards, biometric cards, wearables, and payment stickers. As of 31 March 2025, its manufacturing units have a daily installed capacity to produce over 0.47 million cards and more than 1.67 million RFID tags.
Promoters of Seshaasai Technologies – Pragnyat Pravin Lalwani, and Gautam Sampatraj Jain
Table of Contents
Seshaasai Technologies IPO Details
| Seshaasai Technologies IPO Dates | 23 – 25 September 2025 |
| Seshaasai Technologies IPO Price | INR 402 – 423 per share Employee discount – INR 40 per share |
| Fresh issue | INR 480 crore |
| Offer For Sale | 78,74,015 shares (INR 316.54 – 333.07 crore) |
| Total IPO size | INR 796.54 – 813.07 crore |
| Minimum bid (lot size) | 35 shares (INR 14,805) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Seshaasai Technologies Financial Performance
| FY 2022* | FY 2023* | FY 2024 | FY 2025 | |
| Revenue | 672.56 | 1,146.30 | 1,558.26 | 1,463.15 |
| Expenses | 621.97 | 1,010.70 | 1,336.67 | 1,178.71 |
| Net income | 37.35 | 108.10 | 169.28 | 222.32 |
| Margin (%) | 5.55 | 9.43 | 10.86 | 15.19 |
* All Standalone Data
Seshaasai Technologies Offer News
- Seshaasai Technologies RHP
- Seshaasai Technologies DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Seshaasai Technologies Valuations & Margins
| FY 2022* | FY 2023* | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue)* | |
| EPS | 2.53 | 7.32 | 11.47 | 15.06 | 13.74 |
| PE Ratio | – | – | – | 26.69 – 28.09 | 29.26 – 30.79 |
| FY 2022* | FY 2023* | FY 2024 | FY 2025 | |
| RONW (%) | 15.43 | 33.61 | 36.36 | 33.20 |
| NAV | 1,266.10 | 36.21 | 31.54 | 45.37 |
| ROCE (%) | 18.54 | 28.65 | 33.48 | 31.87 |
| EBITDA (%) | 15.64 | 17.98 | 19.30 | 25.13 |
| Debt/Equity | 1.08 | 0.84 | 0.52 | 0.37 |
Seshaasai Technologies IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 29 September 2025 | 38 | 1,250 |
| 27 September 2025 | 47 | 1,500 |
| 26 September 2025 | 55 | 1,500 |
| 25 September 2025 | 55 | 1,500 |
| 24 September 2025 | 80 | 2,100 |
| 23 September 2025 | 90 | 2,300 |
| 22 September 2025 | 112 | 2,900 |
| 20 September 2025 | 107 | 2,700 |
| 19 September 2025 | 101 | 2,500 |
Seshaasai Technologies IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure for the expansion of existing manufacturing units – INR 197.91 crore
- Repayment and / or prepayment, in part or in full, of certain outstanding borrowings of the company – INR 230 crore
- General corporate purposes
Seshaasai Technologies IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Emp | Total |
|---|---|---|---|---|---|
| Shares Offered | 38,29,528 | 29,64,696 | 69,17,623 | 55,248 | 1,37,67,095 |
| 25 Sep 2025 | 189.63 | 49.89 | 9.17 | 9.00 | 68.13 |
| 24 Sep 2025 | 1.13 | 5.99 | 2.92 | 4.22 | 3.09 |
| 23 Sep 2025 | 0.01 | 1.86 | 1.15 | 2.25 | 0.99 |
57,52,296 shares allotted to anchor investors are not included in these calculations.
Seshaasai Technologies IPO Allotment Status
Seshaasai Technologies IPO allotment status is now available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.
Seshaasai Technologies IPO Dates & Listing Performance
| IPO Opening Date | 23 September 2025 |
| IPO Closing Date | 25 September 2025 |
| Finalization of Basis of Allotment | 26 September 2025 |
| Initiation of refunds | 29 September 2025 |
| Transfer of shares to demat accounts | 29 September 2025 |
| Seshaasai Technologies IPO Listing Date | 30 September 2025 |
| Opening Price on NSE | INR 432 per share (up 2.13%) |
| Closing Price on NSE | INR 411.45 per share (down 2.73%) |
Seshaasai Technologies IPO Reviews – Subscribe or Avoid?
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Seshaasai Technologies Offer Lead Manager
IIFL SECURITIES LIMITED
24th Floor, One Lodha Place, Senapati Bapat Marg,
Lower Parel (West) Mumbai 400 013 Maharashtra
Phone: +91 22 4646 4728
Email: [email protected]
Website: www.iiflcap.com
Seshaasai Technologies Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Seshaasai Technologies Contact Details
SESHAASAI TECHNOLOGIES LIMITED
9, Lalwani Industrial Estate, 14, Katrak Road,
Wadala (West), Mumbai – 400 031, Maharashtra
Phone: +91 22 6627 0927
Email: [email protected]
Website: www.seshaasai.com
Seshaasai Technologies IPO FAQs
How many shares in Seshaasai Technologies IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Seshaasai Technologies Public Offer?
The best way to apply for Seshaasai Technologies public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Seshaasai Technologies IPO GMP today?
Seshaasai Technologies IPO GMP today is INR 38 per share.
What is Seshaasai Technologies kostak rate today?
Seshaasai Technologies kostak rate today is INR NA per application.
What is Seshaasai Technologies Subject to Sauda rate today?
Seshaasai Technologies Subject to Sauda rate today is INR 1,250 per application.