IPO Details
Bidding Dates
23 Sept 25 - 25 Sept 25
Price Range ₹
402 - 423
Total Equity
₹ 0.00Cr
Lot Size
35
Exchange Status
NSE,BSE
IPO Doc
Subscription Rate
Non-Institutional Investor
9.17×
Qualified Institutional Buyers
189.63×
Employees
9.00×
Retail Investors
9.17×
Total subscription Rate
68.13×
IPO Timeline
Offer start
23 Sept 2025
Offer end
25 Sept 2025
Allotment
26 Sept 2025
Refund initiation
29 Sept 2025
Demat transfer
29 Sept 2025
Listing
30 Sept 2025
Offer start
23 Sept 2025
Offer end
25 Sept 2025
Allotment
26 Sept 2025
Refund initiation
29 Sept 2025
Demat transfer
29 Sept 2025
Listing
30 Sept 2025
About Company
Seshaasai Technologies Limited, incorporated in 1993, is a technology-driven solutions provider specializing in payment solutions, communications, and fulfillment services primarily catering to the Banking, Financial Services, and Insurance (BFSI) sector. The company offers scalable, recurring services through proprietary platforms and operates 24 manufacturing units across seven locations in India. These units produce payment cards, cheques, and secure transaction stationery, certified to comply with global standards like NPCI, PCI, and IBA.Seshaasai Technologies is a robust and diversified technology firm with strong foothold in BFSI payment solutions and advanced IoT services. Despite a slight revenue dip, the company demonstrates solid profitability growth and operational strength supported by extensive manufacturing capabilities and proprietary technology.
Year Founded
17-09-1993
Promotor Details
Pragnyat Pravin Lalwani
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 95 | 0 |
| Share Capital | 140235644 | 0 |
Project Details
- Repayment and / or prepayment, in part or in full, of - 3000cr
- General Corporate Purposes - 670.26cr
- Funding capital expenditure for the expansion of - 1979.13cr
Objectives
- Funding capital expenditure for the expansion of existing manufacturing units
- Repayment and / or prepayment, in part or in full, of certain outstanding borrowings of our Company
- General corporate purposes
Highlights
- Established market leadership in a regulated BFSI segment
- Comprehensive, scalable, and customizable solutions
- Strong manufacturing presence with 24 certified units
- Proprietary technology platforms driving efficiency
- Healthy financial performance with rising profitability
Challenges
- Revenue decline amid competitive and macroeconomic pressures
- Revenue concentration risk with a limited customer base
- Dependence on BFSI sector limits diversification
- Compliance and regulatory risk in the financial sector
- Moderate increase in borrowings affecting leverage
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 9,584.07 | 1,476.17 | 2,223.20 | 2,223.20 | 15.0606 |
| 2025 | 11,603.86 | 1,476.17 | 1,692.78 | 1,692.78 | 1.1467 |
