The Seshaasai Technologies IPO began on 23 September 2025. It will close on 25 September 2025. The Total IPO Size is 813.07 Crores. The company set its IPO price at 423 Rs Per Share.
There are three basic categories in Seshaasai Technologies IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Seshaasai Technologies are offering payments solutions, and communications and fulfilment solutions catering primarily to the banking, financial services and insurance (“BFSI”) industry, with data security, and compliance at the core of the solutions.
They also offer Internet of Things (“IoT”) solutions to a diverse set of customers across industries.
They are one of the top two payments card manufacturers in India with a market share of 31.9% in Fiscal 2025 for credit and debit cards issuance in India improving from 25.0% in Fiscal 2023.
The business verticals comprise Payment Solutions, Communication and Fulfilment Solutions and IoT solutions.
Seshaasai Technologies IPO (Object of the 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 borrowings of the Company
3. General corporate purposes.
IPO Promoters
Pragnyat Pravin Lalwani and Gautam Sampatraj Jain are Promoters of the company.
Seshaasai Technologies IPO Date, Details & Price Band
The Seshaasai Technologies IPO Price Band, IPO Dates, Market lot and other details mentioned in the table below.
| IPO Opening Dates | 23-September-2025 |
| IPO Closing Dates | 25-September-2025 |
| Price | 402-423 Rs |
| Fresh Issue | 480.00 Crores |
| Offer for sale | 333.07 Crores |
| Total IPO size | 813.07 Crores |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Seshaasai Technologies IPO Market Lot
The Seshaasai Technologies IPO minimum market lot is 35 shares with a 14,805 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 35 | 14,805 ₹ |
| Retail Maximum | 13 | 455 | 1,92,465 ₹ |
| S-HNI Minimum | 14 | 490 | 2,07,270 ₹ |
| S-HNI Maximum | 67 | 2,345 | 9,91,935 ₹ |
| B-HNI Minimum | 68 | 2,380 | 10,06,740 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-25 | 1,160.39 | 1,473.62 | 222.32 |
| 31-Mar-24 | 958.41 | 1,569.67 | 169.28 |
| 31-Mar-23 | 782.54 | 1,153.84 | 108.10 |
Seshaasai Technologies IPO GMP & Grey Market Premium
The Seshaasai Technologies IPO GMP (Grey Market Premium) has started today. Check the Latest Seshaasai Technologies IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Seshaasai Technologies IPO Prospectus
The Seshaasai Technologies IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Seshaasai Technologies IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Seshaasai Technologies IPO Allotment Date & Details
| Allotment Date | 26-Sep-2025 |
| Initiation of refunds | 29-Sep-2025 |
| Transfer of shares to Demat accounts | 29-Sep-2025 |
| Listing Date | 30-Sep-2025 |
| Check Allotment Status | Click here |
Registrar of Seshaasai Technologies
MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
C-101, Embassy 247, L.B.S. Marg,
Vikhroli (West), Mumbai 400 083, Maharashtra, India
Tel: +91 81081 14949
E-mail: [email protected]
Website: www.in.mpms.mufg.com
Investor Grievance ID:
[email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Seshaasai Technologies 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 IPO Lead Managers
SBI Capital Markets Limited
1501, 15th floor, A & B Wing, Parinee Crescenzo,
G Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051,
Maharashtra, India
Tel: +91 22 4006 9807
E-mail: [email protected]
Investor grievance E-mail: [email protected]
Website: www.sbicaps.com
Contact person: Sylvia Mendonca/Krithika Shetty
SEBI Registration number: INM00000353
ICICI Securities Limited
ICICI Venture House, Appasaheb Marathe Marg,
Prabhadevi, Mumbai 400 025,
Maharashtra, India
Tel: +91 22 6807 7100
E-mail: [email protected]
Investor Grievance E-mail:
[email protected]
Website: www.icicisecurities.com
Contact Person: Kishan Rastogi / Nikita Chirania
SEBI Registration No.: INM000011179
IIFL Capital Services Limited
(formerly known as IIFL Securities Limited)
24th Floor, One Lodha Place, Senapati Bapat Marg,
Lower Parel (West), Mumbai 400 013,
Maharashtra, India
Tel: +91 22 4646 4728
E-mail: [email protected]
Investor grievance E-mail: [email protected]
Website: www.iiflcap.com
Contact person: Mansi Sampat / Pawan Kumar Jain
SEBI Registration number: INM000010940
