Seshaasai Technologies IPO

Seshaasai Technologies IPO is a book build issue worth Rs 813.07 crores, comprising a fresh issue of 1.13 crore shares (Rs 480.00 crores) and an offer for sale of 0.79 crore shares (Rs 333.07 crores). The IPO opens on September 23, 2025, and closes on September 25, with allotment on September 26 and listing on BSE and NSE on September 30, 2025. The price band is set at Rs 402 to Rs 423 per share. The lot size is 35 shares, requiring a minimum retail investment of Rs 14,805. IIFL Capital Services Ltd. is the lead manager.

Seshaasai Technologies IPO Details

Check out the issue details for Seshaasai Technologies IPO as disclosed in SEBI.

Price Band

₹ 402 - 423

Issue Size

813.07 Cr.

Issue Type

Book Built

Open

2025-09-23

Close

2025-09-25

Listing Date

2025-09-30

Seshaasai Technologies News

Seshaasai Technologies coming with IPO to raise upto Rs 838 crore19 Sep 2025, 4:48PM Seshaasai Technologies gets SEBI's nod to float IPO 16 Apr 2025, 3:22PM

Company Financials

You can get the following financial statements of Seshaasai Technologies as of now.

Company Name

Seshaasai Technologies

Exchange

NSE: STYL

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Seshaasai Technologies IPO Details

The details about the Seshaasai Technologies IPO are as follows:

  • The issue size of the IPO is Rs 813.07 Cr.
  • The price band for Seshaasai Technologies IPO is Rs 402 to Rs 423.
  • The shares of Seshaasai Technologies IPO will list on BSE and NSE.
  • The latest tentative GMP of Seshaasai Technologies IPO is Rs 55.
  • The shares of Seshaasai Technologies IPO are subscribed 69.64 Times.

 

Seshaasai Technologies IPO Valuation

The approximate valuation of Seshaasai Technologies IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 423
Existing Shares (Qty) 15.04 Cr
Fresh Issue Rs 480.00 Cr
Market Cap Rs 6841.92 Cr
EPS (FY25) Rs 15.06
PE Ratio 28.08x

 

Seshaasai Technologies IPO Issue Size

Seshaasai Technologies IPO issue size is Rs 813.07 Cr.

Issue Amount
Fresh Issue Rs 480.00 Cr
Offer For Sale Rs 333.07 Cr

 

Seshaasai Technologies IPO Market Lot

An individual can apply for a minimum of 1 lot of 35 shares and a maximum of 13 lots (455 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 35 Rs 14,805
Retail Maximum 13 455 Rs 1,92,465

 

Seshaasai Technologies IPO Share Offer

The shares of Seshaasai Technologies IPO are subscribed 69.64 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Seshaasai Technologies IPO GMP (Grey Market Premium)

As on GMP (Tentative)
23 September 2025 Rs 88
24 September 2025 Rs 75
25 September 2025 Rs 55

Seshaasai Technologies IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Seshaasai Technologies IPO Dates

Find below the dates for Seshaasai Technologies IPO

Schedule Date
Basis of Allotment 26 Sep 2025
Refunds 29 Sep 2025
Credit to Demat Account 29 Sep 2025
IPO Listing Date 30 Sep 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 672.56 1146.3 1558.26 1462.21
Total Expenditure 570.56 946.41 1266.51 1102.16
Operating Profit 102 199.89 291.75 360.05
Other Income 3.74 7.54 11.42 10.14
Interest 23.96 32 34.17 34.3
Depreciation 27.46 32.29 35.85 41.12
Exceptional Items 0 0 0 0
Profit Before Tax 54.33 143.14 233.15 294.77
Provision for Tax 16.97 35.04 63.72 72.56
Net Profit 37.35 108.1 169.43 222.21
Adjusted EPS (Rs.) 0.42 1.22 0.11 1.51

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 1.91 88.82 147.62 147.62
Total Reserves 179.73 201.29 286.58 490.35
Borrowings 81.42 106.43 131.99 133.37
Other N/C liabilities 39.67 39.64 34.28 31.36
Current liabilities 266.12 346.36 359.7 357.65
Total Liabilities 568.85 782.54 960.16 1160.34
Assets
Net Block 225.45 284.74 350.76 426.24
Capital WIP 6.19 0 2.93 8.06
Intangible WIP 0 0 0.56 1.49
Investments 0.71 0.71 25.25 25.25
Loans & Advances 43.92 55.09 49.18 66.71
Other N/C Assets 0.8 0.6 2.84 1.47
Current Assets 291.78 441.41 528.64 631.12
Total Assets 568.85 782.54 960.16 1160.34
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 54.33 143.14 233.15 294.77
Adjustment 53.67 66.26 71.25 73.11
Changes in Assets & Liabilities -37.7 -123.43 -35.72 -128.2
Tax Paid -11.9 -34.61 -64.82 -73.24
Operating Cash Flow 58.4 51.36 203.86 166.43
Investing Cash Flow -40.95 -71.94 -115.83 -113.31
Financing Cash Flow -15.43 38.03 -31.85 -34.03
Net Cash Flow 2.02 17.46 56.18 19.1

Seshaasai Technologies IPO: Date, Share Price, Review & Details

Seshaasai Technologies, a leading provider of payment and communication solutions, is launching its Initial Public Offering (IPO) on September 23, 2025. The Mumbai-based company aims to raise approximately Rs 813 crore through this public issue, which has garnered significant attention in the fintech and technology sectors.

About Seshaasai Technologies Ltd.

Founded in 1993, Seshaasai Technologies has established itself as a key technology-driven solutions provider. The company's business model is focused on two main areas:

  • Payment Solutions: Designing, developing, and embedding customer data onto various payment instruments such as debit cards, credit cards, prepaid cards, and mass transit cards. The company is a major player in this segment, holding a 31.9% market share in the issuance of credit and debit cards in India for the fiscal year 2024-25.

  • Communication and Fulfilment Solutions: Offering secure communications, inventory management, and fulfilment solutions to a diverse client base across sectors like banking, insurance, and government.

Seshaasai Technologies serves over 60 banking customers, including major banks like SBI and ICICI Bank, and has also expanded its services to fintech startups.

Seshaasai Technologies IPO Details (2025)

  • IPO Open Date: September 23, 2025

  • IPO Close Date: September 25, 2025

  • Price Band: Rs 402 – Rs 423 per share

  • Lot Size: 35 shares

  • Employee Discount: Rs 40 per share.

  • Minimum Investment: Rs 14,805 for retail investors at the upper price band.

  • Issue Size: Rs 813 crore, which includes a fresh issue of shares worth Rs 480 crore and an Offer for Sale (OFS) of 78.74 lakh shares valued at Rs 333 crore by the promoters.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of September 30, 2025.

  • Registrar: MUFG Intime India Pvt. Ltd.

Use of IPO Proceeds

The net proceeds from the fresh issue will be utilised for:

  • Expansion of Manufacturing Units: Funding capital expenditure for the expansion of existing manufacturing facilities (Rs 198 crore).

  • Debt Repayment: Repayment and/or prepayment of certain outstanding borrowings of the company (Rs 300 crore).

  • General Corporate Purposes: The remaining funds will be allocated for general corporate purposes.

Financial Performance

For the fiscal year ending March 2025, Seshaasai Technologies reported:

  • Revenue from Operations: Rs 1,463.15 crore

  • Profit After Tax: Rs 222.32 crore

The company had previously raised Rs 120 crore through a pre-IPO placement, indicating strong investor confidence ahead of the public issue.

What You Can Find on This Page

This page provides a comprehensive overview of the Seshaasai Technologies IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalised on September 26, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked Questions (FAQs) about Seshaasai Technologies IPO

Q1: What are the key dates for the Seshaasai Technologies IPO?
The IPO is open from September 23 to September 25, 2025. The tentative listing date is September 30, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 402 to Rs 423 per share, with a minimum lot size of 35 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is Rs 813 crore, comprising a fresh issue of Rs 480 crore and an OFS of Rs 333 crore.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, MUFG Intime India Pvt. Ltd., after the allotment date, which is scheduled for September 26, 2025.

For the latest updates on the Seshaasai Technologies IPO, including subscription details, GMP, and listing information, keep visiting this page.

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