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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Seshaasai Technologies Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹423
Per ShareLot Size
35 Shares
Minimum Investment
₹14,805
Issue Size
₹813.07 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
93.21%
Promoter Holding (Post-Issue)
81.81%
Issue Type
Book Building
ISIN
INE04VU01023
We are a technology driven multi-location solutions provider offering payments solutions, communications and fulfilment solutions and IoT solutions. Under payment solutions, we offer a range of payment enabling instruments such as, debit cards, credit cards, pre-paid cards, mass transit cards and cheques. Under communications and fulfilment solutions, we offer secured omni-channel communication solutions such as print, interactive portable document format sent via email and text messages. Our IoT Solutions encompass a comprehensive range of radio frequency identificationenabled offerings and IoT ecosystem services.
The Payments cards market in India, valued at Rs. 9,071 million in 2020, expanded to Rs. 30,804 million in 2024. The total number of payment cards in circulation in India, encompassing credit cards, debit cards, and PPIs, stood at 1,083 million units in 2020. By 2024, this figure had increased to 1,403 million units and is anticipated to grow to 2,225 million units by 2030, with an expected CAGR of 8.0% from 2024 to 2030. The payments card manufacturing industry has high entry barriers due to significant capital requirements, stringent regulatory standards, technological expertise, and the dominance of established players. The global RFID market, valued at approximately Rs. 1,338.5 billion in 2024, is projected to grow at a 11.9% CAGR and reach Rs. 2,631.1 billion by 2030.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 19,226,541 equity shares of face value of Rs. 10/- each ("Equity Shares") of Seshaasai Technologies Limited ("Company" or "Issuer") for cash at a price of Rs. 423 per equity share (Including a Share Premium of Rs. 413 per Equity Share) ("Offer Price") aggregating up to Rs. 813.07 crores (The "Offer") comprising of a fresh issue of up to 11,347,588 equity shares of face value of Rs. 10/- each aggregating up to Rs. 480.00 crores ("Fresh Issue") and an offer for sale of up to 7,874,015 equity shares of face value of Rs. 10/- each ("Offered Shares") aggregating up to Rs. 333.07 crores comprising up to 3,937,007 equity shares aggregating up to Rs. 166.54 crores by Gautam Sampatraj Jain and up to 3,937,008 equity shares aggregating up to Rs. 166.54 crores by Pragnyat Pravin Lalwani ("Promoter Selling shareholders" and such offer for sale of equity shares by the promoter selling shareholders, the "Offer for Sale"). The offer shall constitute 11.88 % of the post-offer paid up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as "Seshasai Business Forms Private Limited" at Mumbai as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 17, 1993 by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). Pursuant to the approval accorded by our Shareholders at their extra-ordinary general meeting held on January 16, 2006, the name of our Company was changed to "Seshaasai Business Forms Private Limited" and a fresh certificate of incorporation consequent to change of name was issued by the RoC on February 14, 2006. Pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal vide order dated February 8, 2024 ("Scheme of Arrangement"), our Company was converted from a private limited company to a public limited company and consequent upon conversion, the name of our Company was changed to "Seshaasai Business Forms Limited" and a certificate of change of name dated October 14, 2024 was issued by the RoC. The name of our Company was further changed to "Seshaasai Technologies Limited" as part of the corporate rebranding of our Company to reflect the principal business being undertaken by our Company in terms of the Scheme of Arrangement, and a fresh certificate of incorporation consequent upon change of name was issued to our Company by the RoC on November 25, 2024.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.