Seshaasai Technologies Share Price, Company Overview & IPO Details
Seshaasai Technologies, a technology-driven provider of payment, communication, and fulfilment solutions, made a muted debut on the stock market on September 30, 2025. The Seshaasai Technologies share price listed at Rs 432 on the NSE, a premium of 2.13% over its IPO issue price of Rs 423. On the BSE, the stock began trading at Rs 436, a premium of 3.07%.
About Seshaasai Technologies Ltd.
Established in 1993, Seshaasai Technologies has become a crucial partner for India's Banking, Financial Services, and Insurance (BFSI) industry. The company specialises in providing a wide range of solutions, including:
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Payment Solutions: As one of India's top two payment card manufacturers, the company holds a 31.9% market share and produces everything from standard payment cards to advanced metal cards and wearables.
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Communication and Fulfilment Services: It offers omnichannel communication solutions that are integral to the operations of banks, insurance companies, and e-commerce players.
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IoT-enabled Products: The company also develops Internet of Things (IoT) solutions for various industries.
With over 24 certified manufacturing units, Seshaasai serves more than 700 clients, including major names like HDFC Bank, ICICI Bank, SBI, HDFC Life, and PhonePe. The BFSI sector is its primary revenue source, contributing nearly 84% of its income in fiscal year 2025.
Seshaasai Technologies IPO & Listing Performance (September 2025)
The IPO of Seshaasai Technologies garnered strong interest but had a modest listing.
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Listing Price (NSE): Rs 432 (2.13% premium)
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Listing Price (BSE): Rs 436 (3.07% premium)
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IPO Price Band: Rs 402 – Rs 423 per share
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Issue Size: Rs 813.07 crore, which included a fresh issue of Rs 480 crore and an Offer for Sale (OFS) of Rs 333.07 crore.
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Subscription Status: The IPO was subscribed 68.13 times. The QIB portion was oversubscribed by 189.63 times, the Non-Institutional Investor (NII) portion by 49.89 times, and the retail portion by 9.17 times.
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Listing Performance: The debut was below market expectations, as the grey market premium (GMP) had suggested a potential listing pop of 9-10%.
Use of IPO Proceeds
The net proceeds from the fresh issue will be utilised for:
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Expansion of the company's metal card manufacturing capacity at its Navi Mumbai and Bengaluru facilities.
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Prepayment of borrowings amounting to Rs 300 crore.
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General corporate purposes.
Financial Highlights
For the fiscal year ending March 31, 2025, Seshaasai Technologies reported mixed financial results. While revenue decreased by 6% to Rs 1,473.62 crore from Rs 1,569.67 crore in the previous year, the company's Profit After Tax (PAT) saw a significant 31% increase, rising from Rs 169.28 crore to Rs 222.3 crore.
What You Can Find on This Company Page
This page is your complete resource for all information related to Seshaasai Technologies Ltd. Here’s what you can access:
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Live Seshaasai Technologies Share Price: Track real-time price movements and analyse historical performance with charts.
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IPO and Listing Details: Get all the information about the IPO, including the price band, final subscription numbers, and listing day performance.
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In-Depth Financial Analysis: Access detailed financial statements and key ratios.
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Shareholding Pattern: Get a clear picture of the company's ownership structure.
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Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.
Frequently Asked Questions (FAQs) about Seshaasai Technologies Share Price
Q1: What was the listing price of Seshaasai Technologies?
The shares listed at Rs 432 on the NSE and Rs 436 on the BSE, a premium of about 2-3% over the IPO price of Rs 423.
Q2: How was the investor response to the Seshaasai Technologies IPO?
The IPO was oversubscribed 68.13 times, with exceptionally strong demand from institutional investors.
Q3: What does Seshaasai Technologies do?
The company is a leading provider of payment, communication, and fulfilment solutions, primarily serving the BFSI sector in India.
Q4: What was the issue size of the Seshaasai Technologies IPO?
The IPO was a mix of a fresh issue and an Offer for Sale, aggregating to Rs 813.07 crore.