Seshaasai Technologies IPO: GMP, Price Band to Review - 10 Key Things You Must Know Before Opening
Seshaasai Technologies IPO: Seshaasai Technologies Ltd, technology-driven payment solutions, will launch its initial public offer (IPO) on Tuesday to increase more than 800 crore of primary markets. Seshaasai Technologies IPO is a combination of a fresh problem and offers for sale (OFS) by its promoters. The IPO closes on September 25, and the company’s shares will be listed on both the stock exchanges, BSE and NSE. Here are ten important things you need to know about Seshaasai Technologies IPO: Seshaasai Technologies IPO: 10 Key Things to Know 1]Seshaasai Technologies IPO Presentation Dates: Seshaasai Technologies IPO Open for subscription on Tuesday, September 23, and on Thursday, September 25. September 26, and the preliminary IPO listing date is Tuesday, September 30. Seshaasai Technologies shares are listed on BSE and NSE. 3]SESHAASAI TECHNOLOGICAL IPO APPROACH: Seshaasai Technologies IPO price band is at £ 402 to £ 423 per share. The company offers a discount of £ 40 per share to its employees. 4]Seshaasai Technologies IPO size: At the top of the price tape is seshaasai technologies ipo size at £ 813.07 crore. 5]Seshaasai Technologies IPO -Lot size: Seshaasai Technologies IPO -Lot size is 35 stocks. The minimum investment amount required by a retail investor is £ 14,805. 6]Seshaasai Technologies IPO details: Seshaasai Technologies IPO is a combination of fresh edition of 1.13 crore shares worth £ 480, and an offer-for-sale (OFS) component of 78.74 lakh shares amounting to £ 33.07 crore. 7]Seshaasai Technologies IPO OBJECTIVES: The company intends to utilize the net expense yields for the financing of Capeex for the expansion of existing manufacturing units, prepayment and repayment of loans, and for general corporate purposes. 8]Seshaasai Technologies IPO BRLMS, Registrar: IIFL Capital Services Ltd. is the book that General Manager and Mufg Insert India Pvt have. Ltd. is the Seshaasai Technologies IPO registrar. 9]Seshaasai Technologies IPO GMP: Seshaasai Technologies recommends a strong gray market premium (GMP) before opening the edition. Seshaasai Technologies IPO GMP is £ 113 a share today, market experts said. This indicates that Seshaasai Technologies are trading at a 27% premium on their issue price in the gray market. 10]Seshaasai Technologies IPO Review: At the £ 423 Upper Price Band, Seshaasai Technologies is valued at a p/e multiple of 30.8x based on FY25 earnings on capital to the expense. “We recommend that you subscribe to the IPO of Seshaasai Technologies, as the company’s leadership in India’s payment solution industry, expansion to IoT and RFID, planned entry into international markets, and emerging Capex on manufacturing units a good long -term growth opportunity in digital payments, IoT and linked technology,” Say Ltd. DISCRAIMER: The view made above. and not of coin. We advise investors to check with certified experts before making investment decisions.