The allotment for the Seshaasai Technologies IPO will be finalised today. (Image: Company LinkedIn) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The initial public offer of Seshaasai Technologies Ltd. was subscribed 68.13 times on the last day of the share sale on Thursday, helped by strong participation from qualified institutional buyers.
The Rs 813 crore IPO received bids for 93,79,90,515 shares against 1,37,67,095 shares on offer, as per BSE data.
The quota for Qualified Institutional Buyers (QIBs) was subscribed 189.63 times. The non-institutional investors part attracted 49.89 times subscription, and the Retail Individual Investors (RIIs) portion got subscribed 9.17 times. The Employee's reserved quota was booked 9 times.
The Seshaasai Technologies IPO is a boo