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Seshaasai Technologies IPO Subscription Status

Seshaasai Technologies IPO was subscribed 69.62 times when bidding closed on 25 Sep 2025: QIB 189.36x, NII 51.42x, Retail 9.46x.

The Seshaasai Technologies IPO has been subscribed 69.62x times overall. Retail investors have shown interest with bids for 9.46x the shares available. The Non-Institutional Investor (NII) category has been subscribed 51.42x. Within NII, Big HNI (B-HNI) subscribed 54.39x and Small HNI (S-HNI) subscribed 45.48x. Qualified Institutional Buyers (QIBs) have subscribed 189.36x. Data last updated on 10 Nov, 05:58 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 23 Sep, 2025 and closes on 25 Sep, 2025. The shares are expected to list on stock exchanges on 30 Sep, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 05:58 AM
Category Bid details Times
QIB - of - - 189.36x
NII - of - - 51.42x
bHNI — bid amount above ₹10 Lakh
- - 54.39
sHNI — bid amount ₹2–10 Lakh
- - 45.48
Retail - of - - 9.46x
Employee - of - - 9.5x
TOTAL - 17,08,898 applications - 69.62x
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Seshaasai Technologies IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹423.

Applications
17,08,898
Allottees
1,98,371
Overall odds
1 out of 8
Amount collected
₹39,785 Cr
Category Apps Got Odds
TOTAL 48.93x subscribed 17,08,898 1,98,371 1 out of 8

Seshaasai Technologies IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 9
~10.6% chance per PAN — based on 9.46x subscription. Winners get exactly 1 lot (₹14,805) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 45
~2.2% chance — based on 45.48x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 54
~1.8% chance — based on 54.39x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
189.36x
Proportionate allotment — at 189.36x, institutions receive ~0.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 10.6% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 189.36x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
25 Sep 2025
Day 3
69.62x ▼
QIB189.36x BHNI54.39x SHNI45.48x Retail9.46x Employee9.5x
24 Sep 2025
Day 2
3.17x ▼
QIB1.13x BHNI4.98x SHNI8.58x Retail3.03x
23 Sep 2025
Day 1
1.02x ▼
QIB0.01x BHNI1.44x SHNI2.87x Retail1.2x

Seshaasai Technologies IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 23 Sep 2025
  2. Close 25 Sep 2025
  3. Allotment 26 Sep 2025
  4. Refund/credit 29 Sep 2025
  5. Listing 30 Sep 2025

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
NIPPON INDIA BANKING & FINANCIAL SERVICES FUND ₹25.00 Cr 10.27%
ICICI PRUDENTIAL BANKING AND FINANCIAL SERVICES FUND ₹25.00 Cr 10.27%
VALUEQUEST INDIA INFLEXION FUND ₹20.00 Cr 8.22%
TATA AIG GENERAL INSURANCE CO.LTD. ₹20.00 Cr 8.22%
MOTILAL OSWAL FOCUSED FUND ₹20.00 Cr 8.22%
AL MEHWAR COMMERCIAL INVESTMENTS LLC-(WANDA) ₹20.00 Cr 8.22%
SUNDARAM MUTUAL FUND A/C SUNDARAM MULTI CAP FUND ₹13.00 Cr 5.34%
HSBC SMALL CAP FUND ₹13.00 Cr 5.34%
DSP MULTICAP FUND ₹13.00 Cr 5.34%
HSBC GLOBAL INVESTMENT FUNDS-ASIA EX JAPAN EQUITY SMALLER COMPANIES ₹13.00 Cr 5.34%
FRANKLIN INDIA MULTI CAP FUND ₹13.00 Cr 5.34%
UTI SMALL CAP FUND ₹11.43 Cr 4.70%
OPTIMIX WHOLESALE GLOBAL EMERGING MARKETS SHARE TRUST ₹10.33 Cr 4.25%
UTI BANKING & FINANCIAL SERVICES FUND ₹8.57 Cr 3.52%
AXIS MAX LIFE INSURANCE LTD. ₹7.67 Cr 3.15%
EDELWEISS LARGE CAP FUND ₹6.83 Cr 2.81%
EDELWEISS RECENTLY LISTED IPO FUND ₹3.50 Cr 1.44%
TOTAL ₹243.33 Cr 99.99%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Seshaasai Technologies IPO?

As of IPO close date (25 Sep, 2025), the Seshaasai Technologies IPO is subscribed 69.62x times. Retail category is 9.46x, and NII is 51.42x subscribed.

When is the allotment date for Seshaasai Technologies IPO?

The allotment for Seshaasai Technologies IPO is expected to be finalized on 26 September, 2025.

What is the GMP of Seshaasai Technologies?

The Grey Market Premium (GMP) for Seshaasai Technologies is currently ₹40, indicating a potential listing gain of 9%.

When will Seshaasai Technologies IPO list on the stock market?

Seshaasai Technologies is scheduled to list on BSE and NSE on 30 September, 2025.

What are the chances of getting allotment in Seshaasai Technologies IPO?

The retail category is oversubscribed at 9.46x, meaning allotment is by lottery. Statistically, approximately 1 in 10 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 189.36x mean for Seshaasai Technologies IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 189.36x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Seshaasai Technologies IPO allotment status?

After the allotment date (26 Sep, 2025), you can check your Seshaasai Technologies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
69.62x
QIB
189.36x
NII
51.42x
bHNI
54.39x
sHNI
45.48x
Retail
9.46x
Full IPO details
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