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Seshaasai Technologies

Seshaasai Technologies Limited, founded in 1993, is a multi-location technology solutions provider specializing in payment solutions, communication, and fulfilment services, primarily for the BFSI sector. The company is among India’s top two payment card manufacturers with a 34.5% market share in FY 2024 and is also a leading producer of cheque leaves. With 24 manufacturing units across seven locations, it delivers debit, credit, prepaid and transit cards, wearables, merchant QRs, cheques, and secure stationery, alongside omni-channel communication services through its Rubic platform. It also provides IoT solutions like RFID and NFC tags for supply chain, authenticity, and real-time tracking, supported by proprietary platforms such as Rubic, eTaTrak, and IOMS. Certified by global payment schemes, NPCI, PCI, and IBA, the company ensures compliance with stringent security standards and, as of November 2024, employed 817 people.

₹402 - ₹42364.79x sub
Listed Price₹432.00
Listing Gain+2.13%

Subscription Status

64.79xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB175.52x
🔥 Blockbuster Sizzling Demand!Offered: 38,32,396 sh
Nib49.95x
🔥 Blockbuster Sizzling Demand!Offered: 28,75,408 sh
Hnis(10l +)53.41x
🔥 Blockbuster Sizzling Demand!Offered: 19,16,938 sh
Hnis (2-10l)43.04x
🔥 Blockbuster Sizzling Demand!Offered: 9,58,469 sh
Retail8.33x
Popular / Warm DemandOffered: 67,09,285 sh
Employees8.65x
Popular / Warm DemandOffered: 52,219 sh
CategoryOfferedAppliedTimes
QIB38,32,39667,26,59,330175.52x
Nib28,75,40814,36,34,61049.95x
Hnis(10l +)19,16,93810,23,85,74553.41x
Hnis (2-10l)9,58,4694,12,48,86543.04x
Retail67,09,2855,59,19,7808.33x
Employees52,2194,51,5358.65x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB28,453.49162.11175.52x
Fiis7,663.860Open
Fis11,467.40Open
Mutual Funds968.480Open
Others6,312.030Open
Retail2,365.41283.88.33x
Hnis 2+1,744.8340.5443.04x
Hnis 10+4,330.9281.0953.41x
Employees19.12.218.64x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
Retail1,91,69414,38,2857.50x
Employees08,060Open
Hnis(10l +)13542,386313.97x
Hnis (2-10l)1,95682,59042.22x
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About Seshaasai Technologies IPO Subscription Demand

Live subscription status and bidding analysis for Seshaasai Technologies (STYL) IPO. The issue is subscribed 64.79x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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