Seshaasai Technologies Ltd
Pre Issue Shares
14,76,16,500
No. of Shares Issued
-
Pre Issue Equity Amt.
₹147.62 Cr
DP Filling Date
27 December 2024
Seshaasai Technologies Ltd IPO Timeline
Seshaasai Technologies Limited was originally incorporated as 'Seshasai Business Forms Private Limited' as a Private Limited Company, dated September 17, 1993 issued by the Registrar of Companies, Mumbai. Pursuant to the Scheme of Arrangement dated February 8, 2024, Company was converted from a Private Limited Company to a Public Limited Company and the name was changed to 'Seshaasai Business Forms Limited' dated October 14, 2024. The name of the Company was further changed to 'Seshaasai Technologies Limited' and a fresh Certificate of Incorporation consequent upon Change of Name dated November 25, 2024 was issued by the RoC.
Seshaasai Technologies Ltd IPO Details
| Seshaasai Technologies Ltd IPO Date | - |
| Seshaasai Technologies Ltd IPO Face Value | - |
| Seshaasai Technologies Ltd IPO Price | - |
| Seshaasai Technologies Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Pragnyat Pravin Lalwani, Gautam Sampatraj Jain |
- Strengths
- Risks
- Opportunities
- Established Leadership Position in the Large and Regulated Payment Solutions, and Communication and Fulfilment Solutions Industry with High Barriers to Entry.
- Comprehensive Portfolio of Customizable and Scalable Solutions.
- Proprietary Technology Stack Enabling Bespoke Solutions.
- Pan-India Advanced Manufacturing Capabilities.
- Track Record of Healthy Financial Performance.
- Experienced Promoters and Senior Management Team backed by Committed Employee Base.
Company Financials
Seshaasai Technologies Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 960.16 | 1,569.67 | 169.43 |
| 03-2023 | 782.54 | 1,153.84 | 107.04 |
| 03-2022 | 568.85 | 676.3 | 37.35 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure for the expansion of existing mfg
- Repayment and or prepayment in part or in full of certain outstanding borrowings of the company
- General corporate purposes
Seshaasai Technologies Ltd IPO Prospectus
Seshaasai Technologies Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
9 Lalwani Industrial Estate 14Katrak Road Wadala (W),Mumbai-400031
Phone: +91 22 6627 0927
Email: companysecretary@seshaasai.com
Website: www.seshaasai.com
Seshaasai Technologies Ltd IPO Registrar
Seshaasai Technologies Ltd IPO Lead Manager(s)
- IIFL Capital Services Ltd
- ICICI Securities Ltd
- SBI Capital Markets Ltd