Seshaasai Technologies IPO Subscription
ListedUpdated 30 September 2025, 9:15 AM IST· Mainboard
Seshaasai Technologies IPO subscription closed on 25 September 2025 at 69.64x overall by shares. QIB demand came in at 189.49x, NII at 51.44x, and retail at 9.45x. See Retail, SHNI, and BHNI allotment chances in the…
Seshaasai Technologies IPO subscription closed on 25 September 2025 at 69.64x overall by shares. QIB demand came in at 189.49x, NII at 51.44x, and retail at 9.45x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 26 September 2025. Listing date on NSE and BSE is 30 September 2025.
Seshaasai Technologies IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Sept 2025 | 0.01x | 1.91x | 1.20x | 1.02x |
| Day 2 - 24 Sept 2025 | 1.13x | 6.18x | 3.03x | 3.17x |
| Day 3 - 25 Sept 2025 | 189.49x | 51.43x | 9.46x | 69.64x |
Seshaasai Technologies IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Seshaasai Technologies IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 8.53x | 1 in 9 |
| SHNI (Rs 2L to Rs 10L) | 44.66x | 1 in 45 |
| BHNI (above Rs 10L) | 11.04x | 1 in 11 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Seshaasai Technologies IPO Allotment Status page from 26 September 2025 for your result.
Seshaasai Technologies IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 423.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 162.11 Cr | Rs 30,717.76 Cr | 189.49x |
| FII | - | Rs 8,231.42 Cr | - |
| DFI | - | Rs 13,777.14 Cr | - |
| Mutual Funds | - | Rs 968.48 Cr | - |
| Other | - | Rs 7,740.72 Cr | - |
| NII | Rs 121.63 Cr | Rs 6,256.11 Cr | 51.44x |
| bNII (above Rs 10L) | Rs 81.09 Cr | Rs 4,411.40 Cr | 54.40x |
| Corporate | - | Rs 61.06 Cr | - |
| Individual | - | Rs 4,151.87 Cr | - |
| Other | - | Rs 198.47 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 40.54 Cr | Rs 1,844.71 Cr | 45.50x |
| Corporate | - | Rs 7.18 Cr | - |
| Individual | - | Rs 1,747.07 Cr | - |
| Other | - | Rs 90.45 Cr | - |
| Retail | Rs 283.80 Cr | Rs 2,682.09 Cr | 9.45x |
| Cut-off price | - | Rs 2,130.94 Cr | - |
| Fixed price | - | Rs 551.15 Cr | - |
| Employee | Rs 2.21 Cr | Rs 21.04 Cr | 9.52x |
| Cut-off price | - | Rs 15.91 Cr | - |
| Fixed price | - | Rs 5.13 Cr | - |
| Total | Rs 569.75 Cr | Rs 39,677.00 Cr | 69.64x |
Seshaasai Technologies IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 38,32,396 | 670 | 0.00x |
| FII | - | 34 | - |
| DFI | - | 59 | - |
| Mutual Funds | - | 15 | - |
| Other | - | 562 | - |
| NII | 5,868 | 1,30,529 | 22.24x |
| bNII (above Rs 10L) | 3,912 | 43,169 | 11.04x |
| Corporate | - | 494 | - |
| Individual | - | 40,716 | - |
| Other | - | 1,959 | - |
| sNII (Rs 2L to Rs 10L) | 1,956 | 87,360 | 44.66x |
| Corporate | - | 325 | - |
| Individual | - | 82,711 | - |
| Other | - | 4,324 | - |
| Retail | 1,91,694 | 16,35,864 | 8.53x |
| Cut-off price | - | 12,90,225 | - |
| Fixed price | - | 3,45,639 | - |
| Employee | 1,492 | 9,017 | 6.04x |
| Cut-off price | - | 7,906 | - |
| Fixed price | - | 1,111 | - |
| Total | 40,31,450 | 17,76,080 | 0.44x |
What Do These Subscription Numbers Mean?
69.64x overall by shares means bids covered about 70 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 189.49x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (22.24x by applications). Split: SHNI 44.66x, BHNI 11.04x by applications. SHNI and BHNI allotment is by lottery.
At 8.53x subscription by applications, about 1 in 9 retail applicants may get allotment (~12% chance per application). Retail allotment is also by lottery.
Seshaasai Technologies IPO GMP After Subscription
GMP for Seshaasai Technologies IPO stands at Rs 40.00 today, giving an estimated listing price of Rs 463.00 per share.
A subscription of 69.64x combined with a GMP of 9.46% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Seshaasai Technologies IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Seshaasai Technologies IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 September 2025 |
| IPO Close Date | 25 September 2025 |
| Allotment Date | 26 September 2025 |
| Refund Initiation | 27 September 2025 |
| Share Credit to Demat | 27 September 2025 |
| Listing Date | 30 September 2025 |
| Minimum Investment | Rs 14,805.00 |
| Lot Size | 35 shares |
About Seshaasai Technologies IPO
Seshaasai Technologies Limited, a tech-driven, multi-location solutions provider founded in 1993, specializes in offering a comprehensive suite of payments, communications, fulfilment, and IoT solutions. The company primarily serves the banking, financial services, and insurance (BFSI) sector, with a strong focus on data security and compliance. It is ranked among the top two payments card manufacturers in India, with a 34.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Seshaasai Technologies IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Seshaasai Technologies IPO Details
Issue size, price, financials, and company info
Seshaasai Technologies IPO GMP
Live grey market premium and listing estimate
Seshaasai Technologies IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Seshaasai Technologies IPO Allotment
Allotment date, chances, and check by PAN
Seshaasai Technologies IPO Review
SWOT, strengths, risks, and IPO review
Seshaasai Technologies IPO FAQ
Common questions on dates, GMP, and allotment
Seshaasai Technologies IPO Registrar
Registrar website and how to check allotment
Seshaasai Technologies IPO Timeline
Open, close, allotment, and listing dates
Seshaasai Technologies IPO News
Updates, blogs, and latest IPO news
Seshaasai Technologies IPO Subscription FAQs
What is Seshaasai Technologies IPO subscription status today?
Seshaasai Technologies IPO subscription closed on 25 September 2025 with overall subscription of 69.64x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 189.49x, NII 22.24x, Retail 8.53x.
What is the overall subscription of Seshaasai Technologies IPO?
Seshaasai Technologies IPO is subscribed 69.64x overall by shares at close on 25 September 2025. QIB 189.49x, NII 22.24x, and Retail 8.53x.
What is Seshaasai Technologies IPO QIB subscription?
Seshaasai Technologies IPO QIB (Qualified Institutional Buyers) subscription is 189.49x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Seshaasai Technologies IPO Retail subscription?
Seshaasai Technologies IPO Retail subscription is 8.53x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Seshaasai Technologies IPO NII, SHNI, and BHNI subscription?
Seshaasai Technologies IPO NII subscription is 22.24x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 44.66x and BHNI (above Rs 10L) at 11.04x.
What are Seshaasai Technologies IPO retail allotment chances?
At 8.53x subscription by applications, about 1 in 9 retail applicants may get allotment (~12% chance per application). Allotment is by lottery. Share subscription was 9.45x. Allotment chances use applications, not share volume.
What are Seshaasai Technologies IPO SHNI allotment chances?
At 44.66x subscription by applications, about 1 in 45 SHNI applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 45.50x. Allotment chances use applications, not share volume.
What are Seshaasai Technologies IPO BHNI allotment chances?
At 11.04x subscription by applications, about 1 in 11 BHNI applicants may get allotment (~9% chance per application). Allotment is by lottery. Share subscription was 54.40x. Allotment chances use applications, not share volume.
When is Seshaasai Technologies IPO allotment date?
Seshaasai Technologies IPO allotment date is 26 September 2025. Check Seshaasai Technologies IPO Allotment Status on IPOwiz from that day using your PAN.
When does Seshaasai Technologies IPO subscription close?
Seshaasai Technologies IPO subscription closed on 25 September 2025. No new applications are accepted after the close.
What is Seshaasai Technologies IPO GMP today?
Seshaasai Technologies IPO GMP is ₹40 today (+9.46% over issue price ₹423). See live GMP on the Seshaasai Technologies IPO GMP Today page.
What is Seshaasai Technologies IPO issue price and lot size?
Seshaasai Technologies IPO issue price is ₹423 per share. Lot size is 35 shares. Minimum investment is ₹14,805 per lot. Issue size: ₹813.07 Cr.
When is Seshaasai Technologies IPO listing date?
Seshaasai Technologies IPO listing date is 30 September 2025 on NSE and BSE. Allotment is on 26 September 2025.
How does subscription affect Seshaasai Technologies IPO allotment?
In Seshaasai Technologies IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 69.64x overall, competition is very high.
For allotment results from 26 September 2025, visit the Seshaasai Technologies IPO Allotment Status page. For listing day updates on 30 September 2025, download the IPOwiz App.
Sources
We match Seshaasai Technologies IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.