Khaitan & Co Advised Seshaasai Technologies Limited on Initial Public Offering
The leading law firm in India, Khaitan & Co, acted as Indian legal counsel to the issuer, Seshaasai Technologies Limited, and the promoter selling shareholders, Pragnyat Pravin Lalwani and Gautam Sampatraj Jain, in relation to the initial public offering (IPO) of equity shares by Seshaasai Technologies Limited.
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. The company is the first in India’s payment systems, communications, and fulfilment services sector to launch an initial public offering.
The ₹813.07 crore IPO was subscribed 69.64 times.
The Khaitan & Co team was led by Sudhir Bassi (Executive Director) and Soumya Mohapatra (Partner), with Mishi Malhotra (Associate) and Charul Lunia (Associate) supporting the transaction.
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