Sedemac Mechatronics Ltd supplies electronic control units (ECUs) that are critical to the operation of various types of equipment. These control-intensive components are application-specific and manage complex systems in real time. The company designs and manufactures sensorless commutation (SLC)-based integrated starter generator (ISG) ECUs for two- and three-wheelers with internal combustion engines. It also provides generator controllers (GCs) with integrated electronic governing (eGov) features. Sedemac Mechatronics is launching its Initial Public Offering (IPO) today, March 04, 2026.

The bidding window for the Sedemac Mechatronics IPO will be open for subscription from March 04 - March 06, 2026. The allotment date for the IPO is finalised as March 09, 2026 and the tentative listing date is fixed as March 11, 2026. The shares of Sedemac Mechatronics Ltd will be listed on both NSE and BSE.

Sedemac Mechatronics IPO - Issue Details

Sedemac Mechatronics IPO is a book build issue of ₹1,087.45 crores and is entirely an offer for sale (OFS) of 0.80 crore shares.

The IPO price band is set between ₹1,287 to ₹1,352 per share and the minimum lot size for an application is 11. The minimum investment required by the retail individual investors (RIIs) is ₹14,157.

ICICI Securities Limited, Avendus Capital Private Limited and Axis Capital Limited are the book-running lead managers for the Sedemac Mechatronics IPO. MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar.

Sedemac Mechatronics IPO Day 1 Subscription Status

[March 04, 2026, 10:42 A.M.]

On Day 1, Sedemac Mechatronics IPO saw a subscription of 0.01 times as per NSE data on March 04, 2026, 10:42 am. The public issue was subscribed 0.01 times by the Retail Individual Investors (RIIs) and 0.25 times by the Employees. It is yet to receive bids from the Qualified Institutional Buyers (QIBs) and the Non Institutional Investors (NIIs).

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of IPO Proceeds

The Company will not receive any proceeds from the Offer for Sale. Each of the Selling Shareholders will be entitled to their respective portion of the proceeds from the Offer for Sale in proportion of the Equity Shares offered by the respective Selling Shareholder as part of the Offer for Sale after deducting their proportion of Offer related expenses and relevant taxes thereon.

Check out newly Listed IPOs on BSE and NSE.

Sedemac Mechatronics Ltd GMP

As per media reports, the Grey Market Premium (GMP) of Sedemac Mechatronics Ltd is reported at ₹-17 which is 1.26% lower the upper end of the price band.

Sedemac Mechatronics Ltd - Business Overview

Sedemac Mechatronics Ltd is a Pune-based automotive and industrial electronics company founded in 2007 by a team including Professor Shashikanth Suryanarayanan and former students from IIT Bombay. The company designs and manufactures control-intensive electronic control units (ECUs) and related products such as powertrain controllers, motor control units and integrated starter-generator solutions for original equipment manufacturers (OEMs) in the mobility and industrial sectors. Its products serve major markets in India, the United States and Europe, with applications in two-wheelers, power generators and other industrial equipment.

Sedemac has shown strong growth in recent years. In FY25 (year ended March 31, 2025), it reported revenue of about ₹658 crore, up from ₹531 crore in FY24. Its profit after tax (PAT) rose to around ₹47 crore in FY25 from ₹5.9 crore in FY24.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here

Do you like this edition?