Seshaasai Technologies IPO Allotment Status Live Today: How to Check and Key Details

Mumbai, September 26: The allotment status for the IPO of Seshaasai Technologies Limited is expected to be finalised today, on September 26. Investors who applied to the issue can check the allotment status by visiting NSE, or BSE portal, or through the website of the registrar, which is MUFG Intime. In case of successful allotment, the shares will be credited to demat accounts on September 29. On the same date, the company will initiate refunds for investors who did not receive the share allotment.

Seshaasai Technologies Limited is an Indian company that provides digital printing solutions to the banking and financial services industry. The company was established in 1993, and is headquartered in Mumbai, Maharashtra. For FY25, its revenue stood at ₹1,463.15 crore, while net profit was at ₹222.32 crore. The company will use ₹198 crore for manufacturing expansion, ₹300 crore for debt repayment, and the balance IPO proceeds amount for general corporate purposes.

How to Check Seshaasai Technologies IPO Allotment Status

Check Seshaasai Technologies IPO Allotment Status On NSE

Step 1: Visit: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select Seshaasai Technologies Limited from the dropdown

Step 3: Enter your PAN number or application details

Step 4: Click Search to view your allotment result

Check Seshaasai Technologies IPO Allotment Status On BSE

Step 1: Go to: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Select Equity as the issue type

Step 3: From the dropdown, choose Seshaasai Technologies Limited

Step 4: Enter your application number and PAN number

Step 5: Complete the captcha and click Search to check the status

Check Seshaasai Technologies IPO Allotment Status On the Website of MUFG Intime

Step 1: Visit: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Step 2: Select Seshaasai Technologies Limited from the dropdown list

Step 3: Enter any one of the following details: PAN number, Application number, DP/Client ID (NSDL/CDSL)

Step 4: Click Search to view the allotment result

Seshaasai Technologies IPO Book Build Issue of ₹813.07 Crore

The issue is a book build issue of ₹813.07 crore, including a fresh issue of 1.13 crore amounting to ₹480.00 crores and offer for sale of 0.79 crore shares amounting to ₹333.07 crores. The company has set the price band at ₹402-₹423. The lot size is of 35 shares, amounting to a minimum investment of ₹14,805 by a retail investor at the upper price band. The IPO opened on September 23, and closed on September 25. The shares of the company are expected to list on NSE and BSE on September 30. IIFL Capital Services Ltd. is the book running lead manager while MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Seshaasai Technologies IPO Issue Subscribed 68.13 Times

Seshaasai Technologies IPO saw overwhelming response and was subscribed by a total of 68.13 times. It was led by QIBs at 189.6 times, followed by NIIs at 49.9 times, retail investors at 9.17 times, and employees at 9 times.

Seshaasai Technologies IPO Raised ₹243.3 Crore From Anchor Investors

Ahead of the IPO, the company raised ₹243.3 crore from anchor investors by allocating 57.52 lakh shares at ₹423 per share. Key investors included Nippon India MF, ICICI Prudential MF, UTI MF, Motilal Oswal MF, Sundaram MF, and Tata AIG General Insurance.

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