Seshaasai Technologies Shares IPO: How to Check Allotment Online
Seshaasai Technologies’ initial public offer (IPO) received a great amount of interest from investors. There is bidding for 93.79 crore shares, while only 1.37 crore shares were available. This means the Seshaasai Technologies IPO was subscribed 68.13 times overall. To break down this by investor category, the Qualified Institutional Buyers (QIBs) 189.63 times subscribed, Non-Institutional Investors (NIIs) 49.89 times subscribed and Retail Individual Investors (RIIs) subscribed for 9.17 times. Seshaasai Technologies IPO allotments expected today on September 26, 2025.
How to Check Seshaasai Technologies IPO Allotment Status
In 4 steps you can easily check your Seshaasai Technologies IPO allotment on the registrar’s website.
- First, go to the IPO Allotment Status page on MUFG Intime India Private Limited’s website.
- Next, select the IPO name from the dropdown menu.
- Finally, enter your PAN or Application Number.
- Click Submit to see your allotment details.
IPO Structure and Funds Usage
The Seshaasai Technologies IPO opened for subscription on 23 September and closed on 25 September 2025, to raise Rs 480 crore through the sale of 1.20 crore shares with a price band of Rs 402 to Rs 423 per share at the upper band.
| Particulars | Details |
|---|---|
| IPO Open/Close | 23–25 September 2025 |
| Price Band | Rs 402 – 423 per share |
| Total Shares on Offer | 1.37 crore |
| Total Bids Received | 93.79 crore |
| Overall Subscription | 68.13× |
| QIB Subscription | 189.63× |
| NII Subscription | 49.89× |
| RII Subscription | 9.17× |
| Fresh Issue Size | Rs 480 crore |
| OFS Size | Rs 317–333 crore |
| Anchor Investor Funding | Rs 243.32 crore (57.52 lakh shares) |
| FY25 Net Profit | Rs 222.32 crore |
| FY25 Revenue | Rs 1,463.15 crore |
The company plans to use the IPO proceeds for upgrading and expanding manufacturing equipment across five units in India. There is a main focus on Payments Solutions and IoT Solutions by the company. Additionally, funds will be used to repay outstanding borrowings.
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About Seshaasai Technologies
Seshaasai Technologies (STL) is a multi-location tech solutions provider specializing in payments and communication & fulfilment solutions. The company was founded in year 1993 and mainly serves the banking, financial services, and insurance (BFSI) sector, helping clients manage operations efficiently. Seshaasai Technologies also offers IoT solutions to customers across industries.
Seshaasai Technologies provides various payment tools including debit, credit, and prepaid cards, mass transit cards, and cheques. Merchant QR codes also develops by the company as these QR codes enable digital payments via UPI, and recently added NFC technology to allow tap-and-pay transactions.
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Frequently asked questions
Visit the IPO Allotment Status page on MUFG Intime India Private Limited’s website to check the status.
STL company primarily serves the Banking, Financial Services, and Insurance (BFSI) sector and provides IoT solutions to other industries.
The IPO includes a fresh issue to raise Rs 480 crore and an Offer for Sale (OFS) of Rs 317–333 crore.
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice. Investors should evaluate the official documents and consult a SEBI-registered financial advisor before making any investment decisions.
