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Seshaasai Technologies Ltd IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹423
Issue Price
₹423
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹423
GMP based
Lot Size
35
shares / lot
Min Amount
₹14,805
1 lot · 35 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Sep 2025
Tue Completed
Done
Close Date
25 Sep 2025
Thu Completed
Done
Allotment
26 Sep 2025
Fri Completed
Done
Refund
29 Sep 2025
Mon Completed
Done
Demat Credit
29 Sep 2025
Mon Completed
Done
Listing Date
30 Sep 2025
Tue Completed
UPI Deadline: 25 Sep 2025
Issue Details
Pricing & Size
Issue Price
₹423 Face ₹10
Lot Size
35 shares
Min Investment
₹14,805
Total Issue Size
1,92,21,603 shares (aggregating up to ₹813.07 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
Not more than 50% of the e Net Offer
NII / HNI
Not more than 15% of the e Net Offer
Retail
Not less than 35.00% of the e Net Offer
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
15,04,53,300 shares
Post-Issue Shareholding
16,18,00,888 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 35 ₹14,805
Objects of Issue
3 objectives
1
Funding capital expenditure for the expansion of existing manufacturing units
197.91 Cr
2
Repayment and / or prepayyment, in part or in full, of certain outstanding borrowings of the Compan
300.00 Cr
3
General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
IIFL Capital Services Lt
ICICI Securities Ltd
SBI Capital Markets Ltd
IPO Timeline
Open
23 Sep
✓ Done
Close
25 Sep
✓ Done
Allotment
26 Sep
✓ Done
Listing
30 Sep
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
seshaasaitechnologies.ipo@in.mpms.mufg.com
Company Contact
Email
companysecretary@seshaasai.com
Phone
+91 22 6627 0927
Address
9, Lalwani Industrial Estate, 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, 400031
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹423
Est. Listing
₹423
Lot Size
35 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Seshaasai Technologies Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹423
GMP
+₹0 (+0%)
GMP Est. Listing
₹423
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB Not more than 50% of the e Net Offer ₹0.00 Cr
NII / HNI (Total) Not more than 15% of the e Net Offer ₹0.00 Cr
Retail Investors Not less than 35.00% of the e Net Offer ₹0.00 Cr
* Based on ₹423.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
Not more than 50% of the e Net Offer
NII
Not more than 15% of the e Net Offer
Retail
Not less than 35.00% of the e Net Offer
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue1473.621569.671153.84
PAT222.32169.28108.10
EBITDA370.37303.01207.43
Net Worth669.67465.58321.64
Total Assets1160.39958.41782.54
Reserves490.52286.43201.29
Borrowings378.68350.24311.99
Key Financial Ratios
34.84%
ROE
Return on Equity
31.87%
ROCE
Return on Capital Employed
33.20%
RONW
Return on Net Worth
15.09%
PAT Margin
PAT / Revenue
25.13%
EBITDA Mgn
EBITDA / Revenue
0.37
D/E Ratio
Debt to Equity
13.41
P/BV
Price to Book Value
14.78
Pre EPS
EPS Pre-Issue
13.74
Post EPS
EPS Post-Issue
28.63
Pre P/E
P/E Pre-Issue
30.79
Post P/E
P/E Post-Issue
About Seshaasai Technologies Ltd

Incorporated in 1993, Seshaasai Technologies Limited is a technology-driven, multi-location solutions provider, specializing in payment solutions, as well as communications and fulfilment services, primarily catering to the banking, financial services, and insurance (BFSI) industry.

The company offers scalable, recurring solutions through proprietary platforms, enabling BFSI sector operations in India. Additionally, it provides IoT solutions to a diverse range of customers across various industries.

The company offers a customized portfolio of services through 24 self-sustaining manufacturing units across seven locations in India, equipped with advanced machinery, raw materials, and skilled workforce to meet local requirements.

The company’s units are certified by global payment schemes, NPCI, PCI, and IBA for payment card production, data security, and cheque manufacturing, ensuring compliance with IT, cyber, and physical security standards.

Business Operation:

  • Payment Solutions: The company offers payment instruments like debit, credit, prepaid, and transit cards, wearables, merchant QRs, cheques, and secured transaction stationery to banks, fintech, and other issuers in the public and private sectors.
  • Communication and Fulfilment Solutions: The company offers omni-channel communication solutions via its Rubic platform, providing print and digital services for banks, insurance companies, AMCs, depositories, and financial institutions, including account statements, compliance communication, and customer requests in physical or digital formats.
  • IoT Solutions: The company offers IoT-powered RFID and NFC solutions, including passive RFID tags, labels, and readers, to optimize supply chain management, product authenticity, and real-time data across industries like retail, manufacturing, and logistics.

Technology Platforms:

  • RUBIC: RUBIC is a data processing platform that personalizes outputs, integrates with systems, and supports 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.

Competitive Strengths:

  • Established Leadership Position in the Large and Regulated Payment Solutions Industry with High Barriers to Entry
  • Long Standing Relationships with a Large Customer Base
  • Comprehensive Portfolio of Customizable and Scalable Solutions
  • Proprietary Technology Stack Enabling Bespoke Solutions
  • Pan-India Advanced Manufacturing Capabilities
  • Track Record of Healthy Financial Performance
  • Experienced Promoters and Senior Management Team backed by Committed Employee Base.
Frequently Asked Questions
What is the issue price of Seshaasai Technologies Ltd IPO?
The issue price of Seshaasai Technologies Ltd IPO is ₹423 per share, face value ₹10.
What is the lot size?
Minimum lot size is 35 shares, requiring ₹14,805.
What are the IPO dates?
Opens 23 Sep 2025, closes 25 Sep 2025.
When is the listing date?
Tentative listing: 30 Sep 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹423 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Seshaasai Technologies Ltd IPO · Expected 26 Sep 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
26 Sep 2025
Refund Initiation
29 Sep 2025
Demat Credit
29 Sep 2025
Listing Date
30 Sep 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹423
Face ₹10
Lot Size
35
shares / lot
Min Amount
₹14,805
1 lot
Est. Listing
₹423
GMP +₹0
Key Dates
Open
23 Sep Done
Close
25 Sep Done
Listing
30 Sep Done
Registrar
MUFG Intime India Pvt.Ltd
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