Seshaasai Technologies Ltd made a modest debut on the exchanges, listing at ₹432 per share, a 2.13% premium over its issue price of ₹423.
The ₹813.07 crore IPO included a fresh issue of ₹480 crore and an offer for sale of ₹333.07 crore. The issue was priced in the band of ₹402–423 per share and received healthy demand across investor categories.
The company plans to utilise the proceeds for expansion of existing manufacturing units, repayment of borrowings, and general corporate purposes.
Seshaasai Technologies, a technology-driven solutions provider, caters primarily to the BFSI sector with offerings across payment solutions (cards, cheques, RFID tags), communication & fulfilment solutions, and IoT-enabled services.
Financially, it reported a revenue of ₹1,463.2 crore in FY25 with a PAT of ₹222.3 crore.
