Seshaasai Technologies

The lock-in period for ten companies ends today, allowing shares valued at ₹ 17,000 crore to be traded. Notable firms include Solarworld Energy Solutions, Jaro Institute, and Waaree Energies, according to Nuvama Alternative & Quantitative Research.

With Tata Capital’s massive IPO looming, experts warn of crowding risks and valuation pressures.

Seshaasai Technologies had a muted IPO debut on September 30, listing at ₹ 432 on NSE and ₹ 436 on BSE. The IPO garnered significant demand, with institutional investors subscribing 189.49 times their quota. Proceeds will be allocated for capital expenditure and loan repayment.

Seshaasai Technologies is debuting on the stock market on September 30, with a grey market premium of ₹ 41, indicating a 9.69% potential gain. The IPO was heavily subscribed, attracting strong interest from QIBs and retail investors, and aims to raise ₹ 813 crore.

The primary market will be active from September 29 with five new IPOs worth over ₹ 3,852 crore. Investors are keen on Grey Market Premiums (GMPs), indicating stock performance and investor sentiment. Notable IPOs include Tata Capital, TruAlt Bioenergy, and Jain Resource Recycling.

Seshaasai Technologies' IPO is set for a healthy debut on September 30, with a GMP of ₹ 41 indicating a potential listing price of ₹ 464. The IPO was oversubscribed 69.64 times, raising ₹ 813.07 crore for expansion and debt repayment.

In order to check the Seshaasai Technologies IPO allotment status online, investors can head to the exchanges or the website of the registrar of the offer — MUFG Intime India.

The initial public offering (IPO) of Seshaasai Technologies opened for subscription on Tuesday, September 23, and will close on Thursday, September 25.