Innovision IPO vs Seshaasai Technologies IPO

Comparison between Innovision IPO and Seshaasai Technologies IPO.

IPO Details

Innovision IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Seshaasai Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Innovision IPO is up to ₹319.25 Cr whereas the issue size of the Seshaasai Technologies IPO is up to ₹813.28 Cr. The final issue price of Innovision IPO is ₹519.00 per share and of Seshaasai Technologies IPO is ₹423.00 per share.

 Innovision IPOSeshaasai Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹494.00 per share₹402.00 per share
Issue Price (Upper)₹519.00 per share₹423.00 per share
Issue Price (Final)₹519.00 per share₹423.00 per share
Discount (Retail)
Discount (Employee)₹40.00 per share
Market Lot Size27 shares35 shares
Fresh Issue Size49,13,294 shares1,13,52,526 shares
Fresh Issue Size (Amount)up to ₹255.00 Crup to ₹480.21 Cr
OFS Issue Size12,38,000 shares78,74,015 shares
OFS Issue Size (Amount)up to ₹64.25 Crup to ₹333.07 Cr
Issue Size Total61,51,294 shares1,92,26,541 shares
Issue Size Total (Amount)up to ₹319.25 Crup to ₹813.28 Cr

IPO Timetable

Innovision IPO opens on Mar 10, 2026, while Seshaasai Technologies IPO opens on Sep 23, 2025. The closing date of Innovision IPO and Seshaasai Technologies IPO is Mar 17, 2026, and Sep 25, 2025, respectively.

 Innovision IPOSeshaasai Technologies IPO
Anchor Bid DateSep 22, 2025
Issue OpenMar 10, 2026Sep 23, 2025
Issue CloseMar 17, 2026Sep 25, 2025
Basis Of Allotment (Tentative)Mar 18, 2026Sep 26, 2025
Initiation of Refunds (Tentative)Mar 20, 2026Sep 29, 2025
Credit of Share (Tentative)Mar 20, 2026Sep 29, 2025
Listing date (Tentative)Mar 23, 2026Sep 30, 2025
Anchor Lockin End date 1Oct 25, 2025
Anchor Lockin End date 2Dec 24, 2025

Financials & KPIs

Innovision IPO P/E ratio is 33.8, as compared to Seshaasai Technologies IPO P/E ratio of 28.63.

 Innovision IPOSeshaasai Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets271.66220.30157.05108.17
Total Income483.10895.95512.13257.62
Profit After Tax20.0029.0210.278.88
EBITDA30.4251.7519.6616.36
NET Worth102.3381.8852.3540.26
Reserves and Surplus83.4362.9833.4538.91
Total Borrowing112.3979.0548.1533.34
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Seshaasai Technologies Ltd.'s revenue decreased by 6% and profit after tax (PAT) rose by 31% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,160.39958.41782.54
Total Income1,473.621,569.671,153.84
Profit After Tax222.32169.28108.10
EBITDA370.37303.01207.43
NET Worth669.67465.58321.64
Reserves and Surplus490.52286.43201.29
Total Borrowing378.68350.24311.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10093.21
Promoter Shareholding (Post-Issue)74.1781.8
P/E Ratio33.828.63
Market Cap₹1235.91 Cr.₹6844.18 Cr.
ROE35.45%34.84%
ROCE40.77%31.87%
Debt/Equity0.970.37
EPS₹15.36₹14.78
RoNW35.45%33.20%

Shares Offered

In the Innovision IPO Retail Individual Investors (RII) are offered 39,98,342 shares while in Seshaasai Technologies IPO retail investors are offered 39,98,342 shares. Qualified Institutional Buyers (QIB) are offered 61,512 shares in Innovision IPO and 38,34,864 shares in Seshaasai Technologies IPO.

 Innovision IPOSeshaasai Technologies IPO
Anchor Investor Reservation0 shares57,52,296 shares
Market Maker Reservation0 shares0 shares
QIB61,512 shares38,34,864 shares
NII20,91,440 shares28,76,149 shares
RII39,98,342 shares67,11,013 shares
Employee0 shares52,219 shares
Others
Total61,51,294 shares1,92,26,541 shares

Bids Received (Subscription)

Innovision IPO subscribed 3.46x in total, whereas Seshaasai Technologies IPO subscribed 69.64x.

 Innovision IPOSeshaasai Technologies IPO
QIB (times)14.30x189.49x
NII (times)8.60x51.43x
Big NII (times)10.29x54.40x
Small NII (times)5.22x45.49x
RII (times)0.60x9.46x
Employee (times)9.50x
Other (times)
Total (times)3.46x69.64x

Compare with others

Compare: