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Operates in the Banking and Finance sector, which is expected to grow at 8% CAGR, and from 140.3 crores in Fiscal 2024 to 222.5 crores in Fiscal 2030.
Payment keyfobs and debit cards are growing due to secure NFC/RFID technologies, rising adoption in emerging markets, fintech-bank collaborations, use in closed-loop systems, and financial inclusion initiatives enhancing convenience and safety.
| Revenue | ₹1,558.26 cr | ₹1,463.15 cr | |
| PAT | ₹169.64 cr | ₹222.32 cr (+31.05%) | |
| PAT Margin | 10.89 % | 15.19 % (+39.49%) | |
| EBITDA | ₹303.01 cr | ₹370.35 cr (+22.22%) | |
| EBITDA Margin | 19.45 % | 25.31 % (+30.13%) | |
| ROE | 36.44 % | 34.84 % (-4.39%) | |
| ROCE | 33.48 % | 31.87 % (-4.81%) | |
| D/E | 0.75 | 0.55 (-26.67%) |
Seshaasai Technologies diversifies its business across payment card manufacturing, NFC/RFID-enabled keyfobs and wearables, prepaid and loyalty solutions, and secure card printing and personalisation services, catering to banking, telecom, retail, and emerging digital payment markets.
PE Ratio: 30.79x Average Sector PE Ratio: 20.75x
| QIB Shares Offered: | 9584692 |
| - Anchor Investor Shares Offered: | 5752296 |
| − QIB (Ex. Anchor) Shares Offered : | 3832396 |
| NII (HNI) Shares Offered: | 2875407 |
| - bNII > ₹10L: | 1916938 |
| - sNII < ₹10L: | 958469 |
| Retail Shares Offered: | 6709285 |
| Total Shares Offered: | 19169384 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14805 |
| Retail (Max) | 35 | 455 | ₹192465 |
| S-HNI (Min) | 14 | 490 | ₹207270 |
| S-HNI (Max) | 67 | 2345 | ₹991935 |
| B-HNI (Min) | 68 | 2380 | ₹1006740 |
Avg IPO Size (Sector Based):
₹ 1,889.77 cr.
Average Sector PE Ratio:
20.75 X
Listing Price:
₹ 432.00
Seshaasai Technologies Limited is a technology-driven, multi-location solutions provider focused on offering payment solutions, communications, and fulfillment solutions, primarily catering to the banking, financial services, and insurance (BFSI) industry, with data security and compliance at the core of its solutions. The solutions it offers at scale and on a recurring basis, powered by proprietary platforms, play a vital role in enabling the operations and deliverables of the BFSI sector in India (Source: F&S Report).
Additionally, the company provides Internet of Things (IoT) solutions to a wide range of customers across various industries. It ranks as one of the top two payment card manufacturers in India, holding a market share of 34.5% in Fiscal 2024 for credit and debit card issuance in India, improving from 23.7% in Fiscal 2022 (Source: F&S Report). The company is also one of the largest manufacturers of cheque leaves in India (Source: F&S Report). The company's business verticals include Payment Solutions, Communication and Fulfillment Solutions, and IoT Solutions.
ICICI Securities Limited, based in Mumbai is the Lead Manager (BRLM) of Seshaasai Technologies IPO. ICICI Securities Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of ICICI Securities Limited .
SBI Capital Markets Limited, based in Mumbai is the Lead Manager (BRLM) of Seshaasai Technologies IPO. SBI Capital Markets Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of SBI Capital Markets Limited .
Seshaasai Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Seshaasai Technologies Financial Review Page
Merchant Banker(s) of Seshaasai Technologies IPO: ICICI Securities Limited , SBI Capital Markets Limited
Seshaasai Technologies IPO subscription was 69.64 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Seshaasai Technologies IPO listed at a listing price of 432.00 against the offer price of 423.00.
The current market price of Seshaasai Technologies is 404.25.
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