Will Seshaasai IPO reward investors despite slowing revenue growth?
Seshaasai Technologies, a payment card fulfillment provider, is launching an IPO to raise ₹480 crore for debt repayment and expansion, alongside a ₹333 crore offer for sale. While revenue dipped slightly in FY25 due to the absence of a large renewal project, net profit doubled, and EBITDA margins improved significantly.