SESHAASAI TECHNOLOGIES LIMITED

23 Sep 2025 - 25 Sep 2025 Individual Category Main Board BSE NSE

Min Investment

₹14805

Price Band

₹402-₹423

Issue Size

137.67 lakhs
Equity Shares

Lot Size

35 (per lot)

IPO Dates
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23 Sep 2025

Open Date

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25 Sep 2025

Close Date

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26 Sep 2025

Allotment Date

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30 Sep 2025

Listing Date

Seshaasai Technologies IPO open date is September 23, 2025, and the closing date is September 25, 2025. This new IPO is a book-built issue of 1.98 crore equity shares. This upcoming ipo is offering a combination of fresh issue and offer for sale.Seshaasai Technologies IPO price band is Rs 402 to Rs 423 per share. As of September 22, 2025, the Seshaasai Technologies IPO GMP Live quotation is at Rs 85 (+20.09%) per share. Live IPO Grey Market Premium details will be available online. However, the Seshaasai Technologies IPO updated DRHP was filed on December 27, 2024, with SEBI.Seshaasai Technologies IPO allotment status is available on September 26, 2025. Seshaasai Technologies IPO lot size is 35 shares. The minimum investment for retail investors for 1 lot is Rs 14,805. The registrar for the Seshaasai Technologies IPO is MUFG Intime India Pvt.Ltd. Seshaasai Technologies IPO listing date is September 30, 2025.

Know Before Investing

Strengths icon

  • Pan-India footprint with 24 manufacturing units across 7 locations.
  • Established leadership in the BFSI payment solutions sector.
  • Strong financial track record with consistent revenue and PAT growth.

Weaknesses icon

  • High revenue dependence on the BFSI sector.
  • Elevated operational costs due to multiple manufacturing units.
  • Relatively smaller presence in non-BFSI IoT markets.

About Seshaasai Technologies Limited

Seshaasai Technologies Limited, established in 1993, is a technology-driven solutions provider with a focus on secure payment, customer communication, and fulfillment services for the BFSI (banking, financial services, and insurance) sector. The company delivers innovative, scalable technologies through proprietary platforms, enabling secure transactions and communication across digital and physical channels. Seshaasai’s offerings include debit, credit, prepaid, and transit cards, wearable payment devices, and merchant QR codes, all compliant with global security standards. Besides BFSI, the company serves industries like retail, logistics, manufacturing, and government by providing IoT-enabled solutions such as RFID tags and smart labels for enhanced supply chain management. With strategically located facilities and a commitment to data security, Seshaasai continually advances technological solutions like AI, robotic automation, and big data to improve operational efficiency and customer experiences. The firm’s dedication to innovation supports India’s digital growth and financial ecosystem transformation.

Founded

1993

Managing Director

Pragnyat Lalwani

Parent Organization

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IPO Objectives

Seshaasai Technologies IPO proposes to utilise the Net Proceeds from the Issue towards funding capital expenditure for the expansion of existing manufacturing units, repayment and/or prepayment of certain outstanding borrowings of the company, and for general corporate purposes.

Company Promoters

Pragnyat Pravin Lalwani

Gautam Sampatraj Jain

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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