New Delhi, Sept. 18 -- Technology solutions company Seshaasai Technologies is set to launch its initial public offering (IPO) next week with an aim to raise over Rs.800 crore from the primary markets.

Seshaasai Technologies IPO will open for subscription on Tuesday, September 23, and close on Thursday, September 25. Seshaasai Technologies IPO price band has been fixed at Rs.402 to Rs.423 per share. The floor price is 40.20 times the face value of Rs.10 each. A discount of Rs.40 per equity share is offered to eligible employees bidding in the employee reservation portion.

At the upper-end of the price band, the company plans to raise Rs.813 crore from the public issue, which is a combination of a fresh issue worth Rs.480 crore, and an of...