Seshaasai Technologies IPO Allotment Status: Steps to Verify Status

The bidding window for the Seshaasai Technologies IPO closed on September 25, 2025, for public subscription. The allotment process is expected to be finalised today on September 26, 2025, with the company’s shares proposed to be listed on both BSE and NSE. The tentative listing date for Seshaasai Technologies IPO is set as September 30, 2025.

Procedure to Check Seshaasai Technologies IPO Allotment Status Online On NSE

• Visit the NSE’s IPO allotment verification status page here. 
• Select “Equity & SME IPO bid details”.
• In Select Symbol, select “Seshaasai Technologies”.
• Enter your PAN No. and application No. 
• Click “Submit”.

Procedure to Check Seshaasai Technologies IPO Allotment Status Online On BSE

• Click here to visit the application status page. 
• In Issue Type, “Equity”.
• In Issue Name, select “Seshaasai Technologies”.
• Enter your “Application No.” or “PAN No.”
• Click on “I am not a robot”.
• Click “Submit”.

Procedure to Check Seshaasai Technologies IPO Allotment Status on MUFG Intime India Private Limited (Registrar to the issue)

• Click here to visit MUFG Intime’s application status page. 
• Under, Please select company, select “Seshaasai Technologies”.
• Enter any of the following details. 
• • • PAN
    • App. No.
    • DP/Client ID  
    • Account No / IFSC
• Click “Submit”.

Seshaasai Technologies IPO Overall Subscription Status 

[September 25, 2025, end of the day]

On Day 3, the Seshaasai Technologies IPO saw a subscription of 189.49 times so far, as per the NSE data. The IPO was subscribed 9.46 times in the Retail Individual Investors (RII) category,  51.43 times in the Non-Institutional Investors (NII) category, 9.50 times in the Employee category and 189.49 times in the Qualified Institutional Buyers (QIB) category. 

Seshaasai Technologies Ltd- IPO Details

Seshaasai Technologies IPO was a bookbuilding of ₹813.07 crores. The issue was a combination of fresh issue of 1.13 crore shares aggregating to ₹480.00 crores and offer for sale (OFS) of 0.79 crore shares aggregating to ₹333.07 crores. The issue price band was set at ₹402 to ₹423 per share.

The minimum lot size for an application was 35, and the minimum investment amount required by a retail investor was ₹14,070 (35 shares). 

IIFL Capital Services Limited (formerly known as IIFL Securities Limited), ICICI Securities Limited and SBI Capital Markets Limited were the book running lead manager, and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) was the registrar of the issue.

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Utilisation of Proceeds

The Company will utilise the net proceeds from the issue for the following purposes:

• Funding capital expenditure for the expansion of existing manufacturing units.
• Repayment and / or prepayyment, in part or in full, of certain outstanding borrowings of the Company.
• General Corporate purposes.

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About Seshaasai Technologies Ltd

Seshaasai Technologies Ltd is a technology-driven, multi-location solutions provider serving primarily the Banking, Financial Services & Insurance (BFSI) sector. Its offerings are divided into three verticals: Payment Solutions (credit/debit cards, sustainable & biometric cards, cheque leaves, metal cards etc.), Communication & Fulfilment Solutions (customer documents, statements, policy docs, secure printing) and IoT Solutions (RFID tags, QR/NFC solutions, labels).

Financially, Seshaasai reported a revenue of ₹1,463.2 crore in FY25 with a Profit After Tax (PAT) of ₹222.3 crore.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory. 

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