Explore the Seshaasai Technologies IPO Before the Bell Rings

India’s payment card market is set to hit 2.1 billion units by 2029, valued at ₹61.9 billion. High entry barriers remain, while the global RFID industry grows rapidly. Seshaasai Technologies has been working in the same sector and will soon launch its IPO.

IIFL Capital Services and ICICI Securities have been selected as the Seshaasai Technologies Limited IPO manager, while Link Intime India is responsible for its registration. Check the allotment status.

For a more detailed take, don’t forget to check out the Seshaasai Technologies DRHP.

Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Seshaasai Technologies Limited IPO: Company Profile

Particulars	Details
Established	1993
Registered Office	Maharashtra
Services	Payments, communications, and fulfilment solutions
Promoter	Pragnyat Pravin Lalwani
Competitors	No competitors present

Seshaasai Technologies IPO Details

Let's see everything about the Seshaasai Technologies IPO.

Seshaasai Technologies IPO Date

Seshaasai Technologies IPO date isn’t confirmed yet, but the company filed with SEBI on Jan 1, 2025, and got approval on Apr 11, 2025, indicating the launch may follow soon.

Seshaasai Technologies IPO Size

Offer Type	Equity Shares	Value (₹ Crore)
Fresh Issue	Not Disclosed	₹600 crores
Offer for Sale	7,874,015	Not Disclosed
Overall	Not Disclosed	Not Disclosed

Objectives

Purpose	INR Crores (%)
Investment in capital projects	195.32 (32.55%)
Clearing/early repayment of dues	300 (50%)
General corporate needs	Up to 25% of gross proceeds

Other Takeaways and Seshaasai Technologies Limited Share Price

Particulars	Description
Face Value (₹)	10
Listing	BSE NSE
Issue Price (₹ per share)	Not Disclosed

Investors Categorisation

Category	Shares Available for Allocation	Minimum Bid	Maximum Bid
Eligible Employees	Not Disclosed	Not Disclosed	Up to shares worth ₹0.50 million
QIBs	Not Disclosed	Not Disclosed	Not Disclosed
Non-Institutional Bidders	Not Disclosed	(i) One-third: Bid amount should be more than ₹0.20 Million (ii) Two-thirds: Bid amount should be more than ₹1 Million	Not Disclosed
Retail Individual Bidders	Not Disclosed	Not Disclosed	Bid amount should be less than ₹0.20 million

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Key Financials

Particulars	June 30, 2024	March 31, 2024	2023	2022
Equity share capital	1,476.17	1,476.17	888.17	19.13
Total equity	4,748.08	4,340.46	2,901.08	1,816.41
Net worth	5,063.40	4,655.78	3,216.40	2,421.41
Revenue from operations	3,605.03	15,582.56	11,462.99	6,725.57
Restated profit after tax	404.88	1,692.78	1,080.98	373.53
Restated EPS Basic	2.74	18.55	12.17	4.21
Restated EPS Diluted	2.74	11.47	7.32	2.53
NAV	34.3	31.54	36.21	1,266.10
Total borrowings	3,899.02	3,502.38	3,119.92	2,319.27

Strengths and risks

Let's see what risks and strengths Seshaasai Technologies has:

Strengths

Strong position in the industry: The company is a leader in regulated payment and communication solutions.
Smart use of technology: It relies on its own proprietary tech to create solutions for all clients.
Wide operations across India: With advanced manufacturing units in different parts of the country, it can deliver at scale and maintain quality.
Scalable offerings: Its portfolio is customisable and can grow with client requirements.
Solid financials with capable leaders: The company has shown consistent financial strength over time.

Risks

Dependence on BFSI demand: A big chunk of revenue comes from BFSI clients, so any slowdown there can impact earnings.
Raw material challenges: If the supply of key raw materials is disrupted, production and delivery schedules may face hurdles.
Dividend uncertainty: Future dividends depend on overall earnings and economic conditions, which may not always stay favourable.

Should You Invest In Seshaasai Technology IPO?

The Seshaasai Technologies IPO GMP is not available at the moment. You can check the full company profile and keep an eye on fresh GMP updates to understand the unlisted share value of Seshaasai Technologies Limited. Also, make sure to review the IPO subscription figures regularly before making an application. Apply today.

FAQs

1. How is the Seshaasai Technologies IPO review?

Seshaasai Technologies is seen as a payment solutions company that wants to expand its capital as a key objective. For the latest sentiment, you can look for the GMP updates in the news.

2. What is the Seshaasai Technologies IPO date?

The IPO opening date is still unknown. But you should monitor its live subscription details in real time.

3. What is the Seshaasai Technologies IPO price?

The share price is not available as of 8 September. The final issue price will fall within this range. Also, don't forget to check the Seshaasai Technologies IPO allotment details.

4. Should I use a demat account to bid for the Seshaasai Technologies IPO?

Yes, a demat account is required to bid for the Seshaasai Technologies IPO. Click here to get the ultimate list of the top demat account providers.