New Delhi, Sept. 23 -- Payments solutions provider Seshaasai Technologies initial public offering (IPO) is all set to open for subscription today, Tuesday, September 23. The Rs.800 crore IPO will remain open till September 25.

Seshaasai Technologies ranks among the top two payment card producers in India, holding a 31.9% market share in FY25, up from 25% in FY23. It caters to more than 700 clients, including leading BFSI players like HDFC Bank, ICICI Bank, SBI, HDFC Life, and PhonePe. The BFSI segment accounted for nearly 84% of its revenues in FY25.

The company has shown strong financial performance over the past three years. Revenue increased from Rs.1,146 crore in FY23 to Rs.1,463 crore in FY25, reflecting a CAGR of 13%. Profit after...