The basis of allotment for the ₹1,087.45 crore SEDEMAC Mechatronics IPO will be announced today, 9 March 2026. Investors can check the IPO allotment status through the official websites of the NSE, BSE, or the IPO’s registrar, MUFG Intime India.
The SEDEMAC Mechatronics IPO is a book-building issue of ₹1,087.45 crore, consisting entirely of an offer for sale of 0.80 crore shares.
The bidding window was open from March 4, 2026, to March 6, 2026, during which the IPO received a total subscription of 2.68x. The price band is set between ₹1,287 and ₹1,352 per share.
The book-running lead managers for the IPO are ICICI Securities Limited, Avendus Capital Private Limited, and Axis Capital Limited, while MUFG Intime India Private Limited (Link Intime) is the registrar.
[6 March, 2026, End of the day]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
8.46 |
|
Non-Institutional Investors |
0.77 |
|
Retail Individual Investors (RIIs) |
0.20 |
|
Employees |
2.95 |
|
Total |
2.68 |
According to media reports, the Grey Market Premium (GMP) of the SEDEMAC Mechatronics IPO is reported at ₹13 over the IPO price.
The company will not receive any proceeds, as the issue is entirely an offer for sale.
SEDEMAC Mechatronics manufactures highly engineered electronic control systems that are essential to the performance and operation of equipment across mobility and industrial sectors in India, the United States, and Europe. The company primarily caters to leading original equipment manufacturers (OEMs).
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