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Seshaasai Technologies IPO Opens with 24% GMP
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IPO for Seshaasai Technologies draws high GMP, strong demand in grey market.
Seshaasai Technologies has launched its IPO (₹813 crore) with a price band of ₹402-₹423 per share, and the Grey Market Premium (GMP) is about 24% over the upper band—indicating strong investor interest. The company operates in payments solutions and IoT-enabled products & services. Funds raised will likely support business expansion and working capital. Investors should assess financials and valuation closely given the high GMP ahead of listing.