Seshaasai Technologies IPO Sees Exceptional Demand, Subscribed 69.64x by Day 3

Seshaasai Technologies Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its final day of subscription, with Seshaasai Technologies' stock price set at ₹402-423 per share reflecting overwhelming market reception. The ₹813.07 crore IPO reached 69.64 times by 5:03:05 PM on day three.

Seshaasai Technologies IPO qualified institutional buyers segment leads with exceptional 189.49 times subscription, whilst non-institutional investors show exceptional 51.43 times and individual investors demonstrate strong participation at 9.46 times, whilst employee segment shows strong participation at 9.50 times and anchor investors show complete participation at 1.00 times.

IPO Subscription Status

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Here are the subscription details for Seshaasai Technologies IPO as of Day 3 (September 25, 2025, 5:03:05 PM):

Key Highlights - Day 3:

• Overall subscription reached exceptional 69.64 times, showing remarkable surge from day two's 3.17 times to become one of the most oversubscribed fintech IPOs
• Qualified institutional buyers (ex-anchor) displaying exceptional interest at 189.49 times, building massively from day two's 1.13 times showing overwhelming institutional confidence
• Non-institutional investors showing exceptional performance at 51.43 times, building substantially from day two's 6.18 times with bNII segment leading at 54.40 times
• Individual investors demonstrating strong confidence at 9.46 times, building significantly from day two's 3.03 times showing robust retail appetite
• Total applications reached 17,53,049, indicating massive investor participation for this mainboard IPO
• Cumulative bid amount reached ₹39,679.97 crores, representing massive 4,881% of the issue size of ₹813.07 crores

Key Highlights - Day 2:

• Overall subscription reached moderate 3.17 times, showing substantial improvement from day one's 1.02 times indicating strong momentum
• Non-institutional investors displaying strong performance at 6.18 times, building significantly from day one's 1.91 times with sNII segment leading at 8.58 times
• Individual investors demonstrating moderate confidence at 3.03 times, building substantially from day one's 1.20 times showing improved retail sentiment

Key Highlights - Day 1:

• Overall subscription reached moderate 1.02 times, showing positive initial investor interest in this payment solutions IPO
• Non-institutional investors showing moderate performance at 1.91 times, with sNII segment leading at 2.87 times and bNII at 1.44 times
• Individual investors demonstrating moderate confidence at 1.20 times, showing decent retail sentiment for the technology offering

About Seshaasai Technologies Ltd.

Incorporated in 1993, Seshaasai Technologies Limited is a technology-driven payment solutions provider specializing in BFSI industry solutions through 24 manufacturing units across seven locations in India, offering payment cards, communication services, and IoT solutions with proprietary platforms like RUBIC and eTaTrak.