Seshaasai Technologies Limited has raised ₹813.07 crore from an initial public offering of equity shares.
Khaitan & Co advised Seshaasai Technologies and the promoter selling shareholders namely, Pragnyat Pravin Lalwani and Gautam Sampatraj Jain, on this IPO.
The transaction team consisted of Sudhir Bassi (Executive Director), Soumya Mohapatra (Partner), Mishi Malhotra (Associate), Charul Lunia (Associate).
Seshaasai Technologies Limited is a technology-driven, multi-location solutions provider specializing in payment systems, communications, and fulfilment services, with a primary focus on the banking, financial services, and insurance (BFSI) sector. It also offers Internet of Things (IoT) solutions to a diverse set of customers across industries, and is one of the largest manufacturers of cheque leaves in India.
It is the first company in India's payment systems, communications, and fulfilment services sector to launch an initial public offering.
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