Seshaasai Technologies IPO allotment today: How to check status online on NSE, BSE, MUFG Intime India; listing date and time here

Seshaasai Technologies IPO allotment status is expected to be finalised on Friday, September 26, following a robust response from investors during the bidding period. The finalisation details will be available on the websites of the NSE, the BSE and the registrar MUFG Intime India.

The ₹813.07 crore initial public offering received a total subscription of 68.13 times, with bids for 93,79,90,515 equity shares compared to 1,37,67,095 shares on offer, according to BSE data.

The qualified institutional buyers (QIBs) quota got subscribed a whopping 189.63 times. The part meant for non-institutional investors (NIIs) received 49.89 times subscription, and the retail investors' portion got subscribed 9.17 times.

The initial share sale consisted of new equity shares valued at ₹480 crore as well as an offer for sale (OFS) of ₹333.07 crore by promoters Pragnyat Pravin Lalwani and Gautam Sampatraj Jain. The price band was fixed at ₹402 to ₹423 per share, and a lot size was 35 shares.

The capital raised will be used for expanding existing manufacturing units, debt clearance and corporate general purposes.

Seshaasai Technologies, a technology-driven multi-location solutions provider, offers payment and communications and fulfilment solutions. It is involved in designing and developing instruments like debit cards, prepaid cards, credit cards, and mass transit cards.

Seshaasai Technologies IPO allotment date and time

The basis of allotment of Seshaasai Technologies will likely be finalised on Friday, September 26, by late evening.

How to verify Seshaasai Technologies IPO allotment status online on NSE

• Visit NSE's IPO allotment status website at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity & SME IPO bid details’
• Choose ‘Seshaasai Technologies’ with the symbol 'STYL'
• Enter your PAN details and application number
• Hit 'Submit'

Steps to check Seshaasai Technologies IPO allotment status online on BSE

• On the BSE website, go to the bid verification page: https://bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ as the issue type
• In the ‘Issue Name’ section, select ‘Seshaasai Technologies Ltd’
• Add PAN details or IPO application number
• After CAPTCHA verification, press the ‘Search’ button

Seshaasai Technologies IPO allotment status on MUFG Intime India; full steps

• Head to MUFG Intime India's allotment page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Select ‘Seshaasai Technologies Limited’ from IPO names
• Add any one: Application No, DP/Client ID, PAN, or Account No/IFSC
• Click on the ‘Submit’ button

Seshaasai Technologies IPO listing date and time

Shares of Seshaasai Technologies will make their stock debut on Tuesday, September 30, at 10 am.

Seshaasai Technologies IPO GMP