Seshaasai Technologies Limited – IPO
Seshaasai Technologies Limited – IPO Details
| IPO Date | September 23, 2025 to September 25, 2025 |
| Listing Date | September 30, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 402 to ₹ 423 / Share |
| Lot Size | 35 Shares |
| Total Issue Size | 1,92,21,603 shares (Aggregating up to ₹813.07 Cr) |
| Fresh Issue | 1,13,47,588 shares (Aggregating up to ₹480.00 Cr) |
| Offer for Sale | 78,74,015 shares of ₹10 (Aggregating up to ₹333.07 Cr) |
| Employee Discount | ₹40.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 15,04,53,300 shares |
| Share holding post issue | 16,18,00,888 shares |
| Market Maker portion |
Seshaasai Technologies Limited Timeline (Tentative Schedule)
Seshaasai Technologies Limited IPO opens on September 23, 2025, and closes on September 25, 2025.
| IPO Open Date | September 23, 2025 |
| IPO Close Date | September 25, 2025 |
| Basis of Allotment | September 26, 2025 |
| Initiation of Refunds | September 29, 2025 |
| Credit of Shares to Demat | September 29, 2025 |
| Listing Date | September 30, 2025 |
| Cut-off time for UPI mandate confirmation | September 25, 2025 |
Seshaasai Technologies Limited IPO Lot Size
Investors can bid for a minimum of 35 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | Rs.14,805 |
| Retail (Max) | 13 | 455 | Rs.192,465 |
| S-HNI (Min) | 14 | 490 | Rs.207,270 |
| S-HNI (Max) | 67 | 2,345 | Rs.991,935 |
| B-HNI (Min) | 68 | 2,380 | Rs.1,006,740 |
| HNI (Min) |
Seshaasai Technologies Limited IPO Promoter Holding
| Share Holding Pre Issue | 93.21% |
| Share Holding Post Issue |
Seshaasai Technologies Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% |
|
| NII (HNI) Shares Offered | Not more than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Seshaasai Technologies Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Seshaasai Technologies Limited
Founded in 1993, Seshaasai Technologies Limited is a multi-geo solutions company with a technology focus, offering payments solutions, communications, and fulfillment services, primarily to the BFSI sector.
It provides scalable, repeat business solutions via proprietary platforms to support BFSI industry operations in India.
and IoT solutions to a broad variety of customers in a number of industries.
The firm provides a tailored portfolio of services with 24 autonomous manufacturing units at seven locations in India, where state-of-the-art machines, raw materials, and specialized manpower are in place to address local needs.
Firm units are certified by international payment schemes, NPCI, PCI, and IBA for payment card manufacturing, data protection, and cheque manufacturing to meet payment card production, data protection, and cheque manufacturing standards, respectively.
Operation in Business:
Payment Solutions: The company makes available payment products such as debit, credit, prepaid, and transit cards, wearables, merchant QRs, cheques, and secured transaction stationery to banks, fintech, and other issuers in public and private sectors.
Communication and Fulfilment Solutions: The firm provides omni-channel communication solutions through its Rubic platform offering print and digital services to banks, insurance institutions, AMCs, depositories, and financial institutions covering account statements, compliance communication, and customer requests in physical or electronic formats.
IoT Solutions: The organization provides IoT-enabled RFID and NFC solutions such as passive RFID tags, labels, and readers that enhance supply chain optimization, product authenticity, and real-time data in industries such as retail, manufacturing, and logistics.
Technology Platforms:
RUBIC: RUBIC is a data processing platform that customizes outputs, connects to systems, and facilitates secure communication and IoT solutions.
eTaTrak: eTaTrak is a logistics solution that utilizes AI to track deliveries in real-time for correct billing and improved service delivery.
IOMS: IOMS is a web-based platform for managing orders and inventory, streamlining ordering systems and lowering costs by combining transactions into a single transaction.
As of June 30, 2025,the company employed 862 permanent staff.
Competitive Strengths:
Proven Leadership Position in the Large and Regulated Payment Solutions Industry with High Barriers to Entry
Long Standing Relationships with a Large Customer Base
In-Depth Portfolio of Flexible and Scalable Solutions
Proprietary Technology Platform Supporting Custom Solutions
Pan-India State-of-the-Art Manufacturing Capability
History of Strong Financial Performance
Seasoned Promoters and Senior Management Team supported by Dedicated Employee Base.
Key Performance Indicator
The market capitalization of Seshaasai Technologies IPO is ₹6844.18 Cr.
| KPI | Values |
|---|---|
| ROE | 34.84% |
| ROCE | 31.87% |
| Debt/Equity | 0.37 |
| RoNW | 33.20% |
| P/BV | 13.41 |
| PAT Margin (%) | 15.09% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 14.78 | 13.74 |
| P/E (x) | 28.63 | 30.79 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.
Objects of the Issue (Seshaasai Technologies Limited IPO Objectives)
Seshaasai Technologies Limited Contact Details
Seshaasai Technologies Ltd. 9, Lalwani Industrial Estate, 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, 400031 Phone: +91 22 6627 0927 Email: [email protected] Website: http://www.seshaasai.com/ |
Seshaasai Technologies Limited IPO Registrar
MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: [email protected] Website: https://linkintime.co.in/Initial_Offer/public-issues.html |