How to Check Seshaasai Technologies IPO Allotment Status?

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Last Updated: 26th September 2025 - 10:42 am

Seshaasai Technologies Limited is a technology-driven, multi-location solutions provider specializing in payment solutions, communications and fulfilment services, primarily serving the BFSI industry, incorporated in 1993. The company operates with 862 permanent employees as of June 30, 2025, maintaining 24 self-sustaining manufacturing units across seven locations in India with advanced machinery and skilled workforce, certified by global payment schemes.

The Seshaasai Technologies IPO came with a total issue size of ₹813.07 crore, comprising a fresh issue of 1.13 crore shares aggregating to ₹480.00 crore and offer for sale of 0.79 crore shares aggregating to ₹333.07 crore. The IPO opened on September 23, 2025, and closed on September 25, 2025. The allotment for the Seshaasai Technologies IPO is expected to be finalized on Friday, September 26, 2025. The Seshaasai Technologies IPO share price band was set at ₹402 to ₹423 per share.

Steps to Check Seshaasai Technologies IPO Allotment Status on Registrar Site

  • Visit the MUFG Intime India Pvt.Ltd. website  
  • Select "Seshaasai Technologies" from the dropdown menu on the allotment status page
  • Enter your PAN ID, Demat Account Number, or Application Number in the designated field
  • Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Seshaasai Technologies IPO Allotment Status on BSE

  • Navigate to the BSE SME IPO Allotment Status Page
  • Select the issue type: equity/debt
  • Choose "Seshaasai Technologies" from the list of active IPOs in the dropdown menu
  • Input your Application Number and PAN ID in the required fields
  • Verify the captcha and click "Search" to check your allotment status

Seshaasai Technologies IPO Subscription Status

Seshaasai Technologies IPO received exceptional investor interest, being subscribed 69.64 times overall. The subscription showed outstanding confidence across categories in the Seshaasai Technologies IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:03:05 PM on September 25, 2025:

  • Non-Institutional Investors (NII): 51.43 times.
  • QIB Category: 189.49 times.
Date QIB NII Total
Day 1 September 23, 2025 0.01 1.91 1.02
Day 2 September 24, 2025 1.13 6.18 3.17
Day 3 September 25, 2025 189.49 51.43 69.64

Seshaasai Technologies IPO Share Price and Investment Details

The Seshaasai Technologies IPO stock price band was set at ₹402 to ₹423 per share with a minimum lot size of 35 shares. The minimum investment required for retail investors was ₹14,805 for 1 lot (35 shares). The issue included up to 57,52,296 shares allocated to anchor investors raising ₹243.32 crore with employee discount of ₹40.00 per share. Given the exceptional subscription response of 69.64 times overall, with QIB category showing extraordinary response at 189.49 times and NII demonstrating exceptional response at 51.43 times, the Seshaasai Technologies IPO share price is expected to list with exceptional premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

  • Capital expenditure for expansion of existing manufacturing units: ₹197.91 crore.
  • Repayment/prepayment of certain outstanding borrowings: ₹300.00 crore.
  • General corporate purposes: Remaining amount.

Business Overview

Seshaasai Technologies Limited operates with established leadership position in large and regulated payment solutions industry with high barriers to entry, long-standing relationships with large customer base, comprehensive portfolio of customizable scalable solutions, proprietary technology stack enabling bespoke solutions, pan-India advanced manufacturing capabilities, track record of healthy financial performance, and experienced promoters with senior management team. 

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