Seshaasai Technologies Limited
ListedMainboardInformation Technology · NSE / BSE
Seshaasai Technologies Limited, founded in 1993, is a multi-location technology solutions provider specializing in payment solutions, communication, and fulfilment services, primarily for the BFSI sector. The company is among India’s top two payment card manufacturers with a 34.5% market share in FY 2024 and is also a leading producer of cheque leaves. With 24 manufacturing units across seven locations, it delivers debit, credit, prepaid and transit cards, wearables, merchant QRs, cheques, and secure stationery, alongside omni-channel communication services through its Rubic platform. It also provides IoT solutions like RFID and NFC tags for supply chain, authenticity, and real-time tracking, supported by proprietary platforms such as Rubic, eTaTrak, and IOMS. Certified by global payment schemes, NPCI, PCI, and IBA, the company ensures compliance with stringent security standards and, as of November 2024, employed 817 people.
Price Band
₹402 – ₹423
Issue Size
₹813 Cr
Lot Size
35 shares
GMP
₹43
+10.2%
Est. Listing
₹466
at current GMP
Subscribed
64.79x
overall
Open
23 Sep 2025
Close
25 Sep 2025
Allotment
26 Sep 2025
Refund
27 Sep 2025
Demat Credit
28 Sep 2025
Listing
30 Sep 2025
Last updated 12 days ago
Official Registrar Verification
Seshaasai Technologies Limited Allotment Status
Designated Registrar: Link Intime India Private Ltd (MUFG)
Allotment Date
26 Sep 2025
Basis finalization
Refunds Initiate
27 Sep 2025
Mandate release
Demat Credit
28 Sep 2025
Shares in demat
Listing Debut
30 Sep 2025
Trading begins
How to Check Seshaasai Technologies Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Ltd (MUFG)'s allotment portal.
- Select Seshaasai Technologies Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Seshaasai Technologies Limited Public Issue & Market Profile
Seshaasai Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹813.07 Crores. The shares are offered at a price band of ₹402 to ₹423 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2025-09-25, the basis of allotment is scheduled to be finalized on 2025-09-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd (MUFG)) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.