31 Mar 2023
Assets782.54
Total Income1,153.84
EBITDA207.43
Profit After Tax108.10
NET Worth321.64
Reserves and Surplus201.29
Total Borrowing311.99
At a glance
Updated 2026-09-10The shares listed at ₹432.00, a 2.13% move from the issue price. Seshaasai Technologies is a Mainboard IPO with an issue size of ₹813.28 crore, proposed for listing on BSE, NSE. The offer opens on 23rd Sep 2025 and closes on 25th Sep 2025. The issue structure includes a fresh issue of ₹480.21 crore and an offer-for-sale component of ₹333.07 crore. The current listing schedule points to 30th Sep 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹813.28 Cr
Fresh issue₹480.21 Cr
Offer for sale₹333.07 Cr
Face value₹10
Price band₹402.00–₹423.00
Allotment26th Sep 2025
Listing30th Sep 2025
Listing performance
Full performance ↗Issue price₹423.00
Listing price₹432.00
Current price—
Listing gain2.13%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹40.00
GMP / upper price9.46%
Est. listing₹463.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23rd Sep 2025
Closes25th Sep 2025
Allotment26th Sep 2025
Refund29th Sep 2025
Demat29th Sep 2025
Listing30th Sep 2025
Subscription demand
Full bidding ↗Total69.64×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,805 |
| Retail (Max) | 13 | 455 | ₹192,465 |
| S-HNI (Min) | 14 | 490 | ₹207,270 |
| S-HNI (Max) | 67 | 2345 | ₹991,935 |
| B-HNI (Min) | 68 | 2380 | ₹1,006,740 |
Reservation
Issue mix
QIB50.00%9,584,692 shares
Anchor Investor30.01%5,752,296 shares
QIB (Ex. Anchor)19.99%3,832,396 shares
NII (HNI)15.00%2,875,407 shares
bNII > ₹10L10.00%1,916,938 shares
sNII < ₹10L5.00%958,469 shares
Retail35.00%6,709,285 shares
Total100.00%19,169,384 shares
Company
Incorporated1993
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure for the expansion of existing manufacturing units | ₹197.91 Cr |
| Repayment and / or prepayyment, in part or in full, of certain outstanding borrowings of the Compan | ₹300.00 Cr |
| General Corporate Purposes | ₹67.03 Cr |
| Issue Expenses | ₹52.35 Cr |
| Total | ₹617.29 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue1,473.62₹ Cr · -6.1% vs prior year
EBITDA370.37₹ Cr · +22.2% vs prior year
PAT222.32₹ Cr · +31.3% vs prior year
Assets1,160.39₹ Cr · +21.1% vs prior year
Net Worth669.67₹ Cr · +43.8% vs prior year
Borrowing378.68₹ Cr · +8.1% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets958.41
Total Income1,569.67
EBITDA303.01
Profit After Tax169.28
NET Worth465.58
Reserves and Surplus286.43
Total Borrowing350.24
31 Mar 2025
Assets1,160.39
Total Income1,473.62
EBITDA370.37
Profit After Tax222.32
NET Worth669.67
Reserves and Surplus490.52
Total Borrowing378.68
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 34.84% |
| ROCE | 31.87% |
| Debt / Equity | 0.37% |
| RoNW | 33.20% |
| PAT Margin | 15.09% |
| EBITDA Margin | 25.13% |
| Price to Book Value | 13.41 |
Valuation & shareholding
Pre-IPO EPS14.78
Post-IPO EPS13.74
Pre-IPO P/E28.63
Post-IPO P/E30.79
Promoter holding pre93.21%
Promoter holding post81.8%
Market cap₹6844.18 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Seshaasai Technologies IPO | — | 30.79 x | — | — |
| Gaja Alternative IPO | — | 27.54 x | — | — |
| Turtlemint Fintech IPO | — | - | — | — |
| Onemi Technology IPO | — | 10.84 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding capital expenditure for the expansion of existing manufacturing units | ₹197.91 Cr |
| Repayment and / or prepayyment, in part or in full, of certain outstanding borrowings of the Compan | ₹300.00 Cr |
| General Corporate Purposes | ₹67.03 Cr |
| Issue Expenses | ₹52.35 Cr |
| Total | ₹617.29 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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