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Seshaasai Technologies IPO: The initial public offering (IPO) of Seshaasai Technologies Limited closed for subscription on September 25, with the issue subscribed 68.13 times, according to the provisional exchange data. The basis of allotment is finalised today, September 26, after which successful bidders can expect the shares to be credited to their respective demat accounts.

Investors can check their allotment status on the websites of BSE, NSE, or the issue registrar, MUFG Intime India.

Here's a step-by-step guide on how you can check your allotment status:

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1) Visit the BSE website

2) Select 'Equity' as the issue type

3) Choose 'Seshaasai Technologies' from the dropdown menu

4) Enter your application number or PAN

5) Click search to view your allotment status

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1) Visit the NSE website

2) Click on 'Equity & SME IPO bid details'

3) Select 'Seshaasai Technologies' from the list

4) Provide your application number and PAN

5) Click submit to view your allotment status

1) Visit the MUFG Intime India website

2) Select 'Seshaasai Technologies Ltd.' from the dropdown menu

3) Choose one of the available options: PAN, Application Number, DP/Client ID, or Account No/IFSC

4) Enter the corresponding details

5) Click submit to view your allotment status

Overall, Seshaasai Technologies IPO received bids for 93.79 crore shares against the total of 1.37 crore shares on offer. The IPO is a book-built issue of Rs 813.07 crore, including a fresh issue of Rs 480 crores and an offer-for-sale (OFS) of Rs 333.07 crores.

Price band: Rs 402 to Rs 423 apiece with a face value of Rs 10 per share

Subscription period: September 23 to September 25

Minimum investment: Rs 14,805 for 35 shares based on the upper price

Listing date: September 30, 2025, on BSE and NSE

Founded in 1993, Seshaasai Technologies is a technology-driven solutions company specialising in secure and versatile solutions for various industries, particularly the BFSI sector.

Financially, the company reported a revenue of Rs 1,463 crore in FY25, with a 13 per cent CAGR between FY23 and FY25. The Profit After Tax (PAT) stood at Rs 222 crore in FY24 and Rs 169 crore in FY23, with a 43.4 per cent CAGR between FY23 and FY25.

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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