Seshaasai Technologies IPO Date, Review, Price, Allotment Details
The Seshaasai Technologies IPO will open on September 23, 2025, and close on September 25, 2025. It is a Book Built Issue through which the company plans to raise ₹480 crores via a fresh issue, along with an offer for sale of up to 78,74,015 equity shares, each with a face value of ₹10.
The IPO will have a price band of ₹402 to ₹423 per share. The quota distribution is 35% for retail investors, 50% for QIBs, and 15% for HNIs. The allotment is expected to be finalized on September 26, 2025, and the shares will be listed on both the BSE and NSE on September 30, 2025.
From a financial standpoint, the company reported a revenue of ₹1,569.67 crores in 2024, up from ₹1,153.84 crores in 2023. Net profit also increased from ₹108.79 crores in 2023 to ₹169.64 crores in 2024, reflecting strong growth.
Seshaasai Technologies IPO Details
IPO Open Date September 23, 2025 IPO Close Date September 25, 2025 Face Value ₹10 Per Equity Share IPO Price Band ₹402 to ₹423 Per Share Issue Size Approx ₹813.07 Crores Fresh Issue Approx ₹480 Crores Offer for Sale: Approx 78,74,015 Equity Shares Issue Type Book Built Issue IPO Listing BSE, NSE DRHP Draft Prospectus 
RHP Draft Prospectus
Seshaasai Technologies IPO Market Lot
The minimum market lot for the Seshaasai Technologies IPO is 35 shares, requiring an application amount of ₹₹14,805. Retail investors can apply for up to 13 lots, totaling 455 shares at ₹1,92,465.
Application Lot Size 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 68 2,345 ₹9,91,935 B-HNI Minimum 69 2,380 ₹10,06.740
IPO Reservation
Investor Category Share Offered % Shares Anchor Investor – Shares -% QIB (Ex. Anchor) – Shares 50% NII Shares Offered – Shares 15% Retail Shares Offered – Shares 35%
Seshaasai Technologies IPO Anchor Investors
Anchor Bidding Date September 22, 2025 Anchor Investors List Shares Offered [.] Shares Anchor Size [.] Cr. lock-in period end date 50% shares (30 Days) October 26, 2025 lock-in period end date 50% shares (90 Days) December 25, 2025
Seshaasai Technologies IPO Dates
The Seshaasai Technologies IPO will open on September 23 and close on September 25. The allotment is scheduled to be finalized on September 26, while the listing will take place on September 30.
IPO Open Date: September 23, 2025 IPO Close Date: September 25, 2025 Basis of Allotment: September 26, 2025 Refunds: September 29, 2025 Credit to Demat Account: September 29, 2025 IPO Listing Date: September 30, 2025 IPO Bidding Cut-off Time: September 25, 2025 – 5 PM
Promoters and Holding Pattern
The company is promoted by Pragnyat Pravin Lalwani and Gautam Sampatraj Jain.
Particular Shares % Share Promoter Holding Pre-Issue 15,04,53,300 93.21% Promoter Holding Post Issue 16,18,00,888 86.67%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores % Funding capital expenditure for the expansion of existing manufacturing units 197.91 -% Repayment and/or prepayment, in part or in full, of certain outstanding borrowings of the Company. 300.00 -% General Corporate Purpose – -%
About Company
Seshaasai Technologies stands out as a leading provider of payment, communication, and delivery solutions, primarily catering to the banking, financial services, and insurance (BFSI) sector. With multiple offices across India, the company delivers customized services through 24 self-operated manufacturing units spread across seven locations. These units are equipped with advanced machinery, quality raw materials, and skilled personnel to efficiently serve local requirements.
All of Seshaasai’s facilities hold certifications from prominent Indian and global payment authorities, including NPCI, PCI, and IBA. These accreditations ensure compliance with the highest standards in payment card production, data security, and cheque printing, while also emphasizing IT, cybersecurity, and physical safety.
Key strengths of the company include:
Long-standing relationships with a large and trusted clientele
Proprietary technology systems enabling tailored solutions
State-of-the-art manufacturing units across India
Consistently strong financial performance over time
Experienced founders and senior leadership supported by a committed team
Financial Report
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2022 ₹676.30 ₹621.97 ₹38.01 ₹568.85 2023 ₹1,153.84 ₹1010.70 ₹108.79 ₹782.54 2024 ₹1,569.67 ₹1336.67 ₹169.64 ₹958.61 2025 ₹1,473.62 ₹1,178.71 ₹222.32 ₹1,160.39
Seshaasai Technologies IPO Valuation – FY2024
Check Seshaasai Technologies IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 34.84% ROCE: 31.87% EBITDA Margin: 25.13% PAT Margin: 15.09% Debt to equity ratio: 0.37 Earning Per Share (EPS): ₹15.06 (Basic) Price/Earnings P/E Ratio: N/A Return on Net Worth (RoNW): 33.20% Net Asset Value (NAV): ₹45.37
Peer Group Comparison
There are no listed peer companies.
IPO Lead Managers aka Merchant Bankers
- IIFL Capital Services Ltd
- ICICI Securities Ltd
- SBI Capital Markets Ltd
IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: seshaasaibusiness.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Company Address
Seshaasai Technologies Ltd.
9, Lalwani Industrial Estate,
14, Katrak Road,
Wadala (West),
Mumbai, Maharashtra, 400031
Phone: +91 22 6627 0927
Email: companysecretary@seshaasai.com