Seshaasai Technologies Limited IPO

Seshaasai Technologies Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
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Price Band

₹402 - ₹423

Total Issue

₹813.07 Cr

Bid Dates

23 Sep - 25 Sep

Subscription

68.13x

Est. GMP

₹41 (9.69%)

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Tentative Timetable

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Business Overview

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.

Lot Info

Lot Information for Seshaasai Technologies IPO
Category 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 2,345 ₹9,91,935
B-HNI (Min) 68 2,380 ₹10,06,740

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹813.07 Cr
Fresh Issue
₹480.00 Cr (1.13 Cr Shares)
Offer For Sale
₹333.07 Cr (0.79 Cr Shares)

Objects of Issue

  1. Funding capital expenditure for the expansion of existing manufacturing units
  2. Repayment and / or prepayment, in part or in full, of certain outstanding loans of our Company
  3. General corporate purposes

Grey Market Premium

GMP ₹41
Est. Price ₹464
Est. Gain 9.69%

Seshaasai Technologies IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Seshaasai Technologies IPO
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

KPIs

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.

Shareholding

Promoter

93.20%

Public

6.80%

Pragnyat Pravin Lalwani 46.60%
Gautam Sampatraj J 46.60%

Management

Pragnyat Pravin Lalw MD
Gautam Sampatraj Jain WTD
Pawan Kumar Pillalamarri CFO

Registrar & Lead Managers

Subscription Status

Updated as on 25-Sep-2025 19:00:00

Mainboard Subscription Status for Seshaasai Technologies IPO
Category Sub (x) Offered Bids
QIB 189.36 38,34,865 72,61,88,155
NII 51.42 28,76,148 14,78,98,485
bHNI 54.39 19,17,432 10,42,88,310
sHNI 45.49 9,58,716 4,36,10,175
Retail 9.45 67,11,013 6,34,06,490
Employee 9.52 52,219 4,97,385
Total 69.61 1,34,74,245 93,79,90,515

Frequently Asked Questions

What is Seshaasai Technologies IPO?
Seshaasai Technologies IPO is a Mainboard IPO having an issue size of ₹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.
When will Seshaasai Technologies IPO open?
Seshaasai Technologies IPO opens on 23 Sep 25 and closes on 25 Sep 25.
What is the GMP of Seshaasai Technologies IPO?
The estimated Grey Market Premium of Seshaasai Technologies IPO is ₹41 per share (9.69%).
What is the lot size of Seshaasai Technologies IPO?
The minimum lot size of Seshaasai Technologies IPO is 35 shares & the minimum application amount is Rs. 14805.
When is the allotment of Seshaasai Technologies IPO?
The allotment date of Seshaasai Technologies IPO is 26 Sep 25.
What is the listing date of Seshaasai Technologies IPO?
The listing date of Seshaasai Technologies IPO is 30 Sep 25.
What is the subscription of Seshaasai Technologies IPO?
Seshaasai Technologies IPO is subscribed 68.13 times.
What is the price band of Seshaasai Technologies IPO?
Seshaasai Technologies IPO is priced at ₹402 - ₹423 per share.
How to check allotment status of Seshaasai Technologies IPO?
Click the allotment link on Seshaasai Technologies IPO page of IPO360.
How to apply Seshaasai Technologies IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Seshaasai Technologies IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Seshaasai Technologies IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Seshaasai Technologies IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date