The Seshaasai Technologies IPO is a mainboard IPO, opening on 23 September 2025 and closing on 25 September 2025, with a price band of ₹402 - ₹423 per share. The lot size is 35 shares. The total issue size is approx ₹813.07 crore. The shares are expected to list on BSE and NSE, with a tentative listing date of 30 September 2025.
Seshaasai Technologies IPO Details 2025
The following are some of the important financial details of Seshaasai Technologies IPO:
Detail
Value
IPO Open Date
8-Oct-2025
IPO Close Date
10-Oct-2025
Face Value
₹10 per equity share
Price Band
₹330 – ₹345 per share
Issue Size
Approx ₹420 Crores
Fresh Issue
Approx ₹320 Crores
Offer for Sale
0.3 million shares, worth ₹100 Crores by promoters
Issue Type
Book Built Issue
Listing
BSE & NSE, tentative listing date October 17, 2025
Investor Allocation
QIB: Not more than 50%; Retail: Not less than 35%; NII: Not less than 15%
Seshaasai Technologies IPO Market Lot
The following table provides information about the Seshaasai Technologies IPO market lot:
Category
Lot Size
Shares
Amount (₹)
Retail Minimum
1 lot
43 shares
₹14,835 (at upper band)
Retail Maximum
13 lots
559 shares
₹1,92,855
S-HNI Minimum
14 lots
602 shares
₹2,07,690
S-HNI Maximum
67 lots
2,881 shares
₹9,93,945
B-HNI Minimum
68 lots
2,924 shares
₹10,08,780
Seshaasai Technologies IPO Dates
The following are the important dates related to Seshaasai Technologies IPO:
Event
Date
Anchor Investor Bidding
October 07, 2025
Basis of Allotment
October 14, 2025
Refunds & Demat Credit
October 15, 2025
IPO Listing Date
October 17, 2025
Seshaasai Technologies Financial Report
The following table shows the financial report of Seshaasai Technologies (in ₹ crore):
Year
Revenue (₹ cr)
Profit (₹ cr)
Assets (₹ cr)
FY2024
₹610.40
₹56.20
₹430.75
FY2025
₹980.85
₹102.35
₹720.10
Promoters of Seshaasai Technologies IPO
The promoters of Seshaasai Technologies are Rajan Menon, Anil Patel, and Seshaasai Trust.
Seshaasai Technologies IPO Registrar
The following is the Seshaasai Technologies IPO registrar details:
Lead Managers (Merchant Bankers) for Seshaasai Technologies IPO
The following are the lead managers (also known as Merchant Bankers) for Seshaasai Technologies IPO:
Axis Capital Ltd.
ICICI Securities Ltd.
Motilal Oswal Investment Advisors Ltd.
Seshaasai Technologies Company Details
The following are the company details:
Incorporated in 2007, Seshaasai Technologies Ltd is a technology-driven company specializing in smart card solutions, digital identity, secure printing, and IT-enabled services. The company provides products such as SIM cards, banking cards, metro cards, and digital identity authentication systems.
As of June 30, 2025, Seshaasai Technologies operates two manufacturing plants with capacity to produce over 60 million smart cards annually, serving telecom operators, banks, transport corporations, and government institutions.
The company focuses on data security, fintech solutions, and customized identity systems, making it an important player in India’s growing digital ecosystem.
Seshaasai Technologies Company Address
The following is the company address for Seshaasai Technologies:
Seshaasai Technologies Ltd.
Plot No. 42, IT Park, Mumbai – 400072, Maharashtra
Seshaasai Technologies IPO is a mainboard IPO of ₹420 crore, with ₹320 crore fresh issue and ₹100 crore OFS, priced at ₹330–₹345 per share.
When to apply for the Seshaasai Technologies IPO?
Investors can apply for the Seshaasai Technologies IPO between October 08 and October 10, 2025.
What is the minimum investment for the Seshaasai Technologies IPO?
The minimum investment in the Seshaasai Technologies IPO is one lot of 43 shares, costing ₹14,835 at the upper price band.
How is the allocation distributed for the Seshaasai Technologies IPO?
In the Seshaasai Technologies IPO, QIBs get not more than 50%, Retail investors not less than 35%, and NIIs not less than 15%.
When will the Seshaasai Technologies IPO be listed?
The tentative listing date for the Seshaasai Technologies IPO is October 17, 2025, on NSE & BSE.
Important Disclaimer: We strive to provide the most up-to-date and accurate IPO details. However, details may change due to regulatory or market developments. Please verify key information before investing.
Author: Diwakar Singh
Diwakar Singh is a seasoned financial content strategist with over six years of experience in analysing and writing about financial instruments and markets.
An MBA gold medalist from IMT, he blends academic excellence with practical insight to craft clear and actionable content. His expertise spans banking, investments, insurance, capital markets, and emerging financial technologies.
Known for his research-driven approach and engaging style, Diwakar is recognised as a trusted voice helping readers and businesses navigate the evolving financial landscape with confidence.