Seshaasai Technologies IPO is a book-built issue worth ₹813.07 crores. It comprises a fresh issue of 1.13 crore equity shares totaling ₹480.00 crores, along with an offer for sale (OFS) of 0.79 crore shares amounting to ₹333.07 crores. The IPO opened for subscription on September 23, 2025, and will close on September 25, 2025. The share allotment is expected to be finalised on September 26, 2025.
The company's shares are proposed to be listed on both the BSE and NSE, with a tentative listing date of September 30, 2025. The price band for the Seshaasai Technologies IPO is set between ₹402 to ₹423 per share. The minimum lot size is 35 shares, requiring a minimum investment of ₹14,805 for retail investors.
Seshaasai Technologies has launched its Initial Public Offering (IPO) with a total issue size of ₹813.07 crore, structured as a book-built issue. The IPO opened for subscription on September 23, 2025, and will remain open until September 25, 2025. The basis of allotment is expected to be finalised by September 26, 2025. The company’s shares are scheduled to be listed on both the BSE and NSE, with a tentative listing date set for September 30, 2025. The price band for the IPO is fixed between ₹402 and ₹423 per share. Investors can bid in lots of 35 shares, with the minimum investment for retail investors set at ₹14,805.
The table below breaks down the Seshaasai Technologies share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
| Only RII (Retail Individual Investor) | Up to ₹2 Lakhs | Yes |
| Only sNII (Small Non-Institutional Investor) | ₹2 Lakhs to ₹10 Lakhs | No |
| Only bNII (Big Non-Institutional Investor) | ₹10 Lakhs to NII Reservation Portion | No |
| Only Employee | Up to ₹5 Lakhs | Yes |
| Employee + RII/NII | - Employee: Up to ₹5 Lakhs (with possible discount up to ₹2 Lakhs) - RII: Up to ₹2 Lakhs - NII: sNII (>₹2 Lakhs to ₹10 Lakhs), bNII (>₹10 Lakhs) | Yes, for Employee and RII/NII |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 60.10 |
| Non-Institutional Investors | 38.22 |
| Retail Individual Investors | 7.11 |
| Total shares | 28.51 |
Note: The subscription details are as of September 26, 2025
Incorporated in 1993, Seshaasai Technologies Limited is a technology-driven, multi-location solutions provider with a strong focus on the Banking, Financial Services, and Insurance (BFSI) sector. The company specialises in delivering integrated payment solutions, communication and fulfilment services, and IoT-based offerings to a wide array of clients, primarily within the financial ecosystem.
Seshaasai operates through 24 self-sustaining manufacturing facilities spread across seven strategic locations in India. These facilities are equipped with advanced technology, secured infrastructure, skilled manpower, and ready availability of raw materials to meet local demand efficiently. All manufacturing units are certified by major global payment schemes, NPCI, PCI, and IBA, ensuring compliance with rigorous standards related to data security, cybersecurity, and physical security—especially in areas like payment card production and cheque printing.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 25, 2025, 3:12 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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