Seshaasai Technologies IPO
Seshaasai Technologies IPO — date, price band, lot size & details 2025
Seshaasai Technologies listed on 30 Sep 2025 at ₹432, 2.1% above the ₹423 issue price.
Seshaasai Technologies provides payment solutions and communication and fulfilment services, mainly to the BFSI industry. It runs 24 manufacturing units across seven locations in India.
Stock price
Seshaasai Technologies is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 10 November.
- Open 23 Sep 2025
- Close 25 Sep 2025
- Allotment 26 Sep 2025
- Refund/credit 29 Sep 2025
- Listing 30 Sep 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 23 to 25 Sep, 2025 |
|---|---|
| Price Band | ₹402 – ₹423 |
| Face Value | ₹10 |
| Lot Size | 35 Shares |
| Issue Size | ₹813.07 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 40.00 per share |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,805 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 35 shares at the ₹423 cut-off. Drag to size your application.
| Application | 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 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Profit after tax rose from Rs 108.10 crore in FY2023 to Rs 222.32 crore in FY2025.
- 02The EBITDA margin was 25.13% and the PAT margin was 15.09%.
- 03Return on equity was 34.84% and return on capital employed was 31.87%.
- 04Rs 300.00 crore of the fresh issue was for repaying debt.
- 05The company runs 24 manufacturing units across seven locations.
Risks · 6
- 01Total income fell from Rs 1,569.67 crore in FY2024 to Rs 1,473.62 crore in FY2025 even though profit rose.
- 02Rs 332.99 crore of the Rs 813.07 crore issue was offer for sale and did not reach the company.
- 03The P/E was 30.79 at the upper band of Rs 423, based on post-issue EPS of Rs 13.74.
- 04Most business comes from BFSI customers, so income of Rs 1,473.62 crore depends on one sector.
- 05Total borrowing was Rs 378.68 crore on 31 March 2025.
- 06Promoters held 93.21% before the issue and still held 81.8% after it, so public float is limited.
Three years of numbers
All figures in ₹ crore, as reported in the Seshaasai Technologies offer document.
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 1,160.39 | 958.41 | 782.54 |
| Total Income | 1,473.62 | 1,569.67 | 1,153.84 |
| Profit After Tax | 222.32 | 169.28 | 108.10 |
| EBITDA | 370.37 | 303.01 | 207.43 |
| NET Worth | 669.67 | 465.58 | 321.64 |
| Reserves and Surplus | 490.52 | 286.43 | 201.29 |
| Total Borrowing | 378.68 | 350.24 | 311.99 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Seshaasai Technologies RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Seshaasai Technologies IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹14.78 | ₹13.74 |
| P/E Ratio (x) | 28.63 | 30.79 |
| Market Cap at Offer Price (₹ Cr) | ₹6,362.74 | ₹6,844.35 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹423 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹617.29 Cr of the issue is earmarked to named objects.
Seshaasai Technologies IPO Anchor Investors
17 anchor investors across 15 fund houses committed ₹243.33 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
The company offers recurring solutions through its own platforms.
Its services run from 24 manufacturing units across seven locations in India.
The IPO was Rs 813.07 crore, with Rs 480.09 crore of fresh issue and Rs 332.99 crore of offer for sale. Rs 300.00 crore was planned for repaying borrowings and Rs 197.91 crore for expanding manufacturing.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Seshaasai Technologies IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
SBI Capital Markets Ltd.
23 issues handledBest listing: Indo-MIM (+44.3%). Weakest: Ajax Engineering (-8.4%).
ICICI Securities
34 issues handledBest listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).
IIFL Capital Services Limited
50 issues handledBest listing: Tonbo Imaging India (+65.7%). Weakest: Acevector (-11.5%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Seshaasai Technologies?
The current Grey Market Premium is ₹40, or 9% over the issue price.
What is the Seshaasai Technologies IPO price band?
₹402 to ₹423, on a face value of ₹10.
When is the allotment?
The basis of allotment is 26 September 2025, with listing on 30 September 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
