Sedemac Mechatronics Ltd enters the last day of bidding for its Initial Public Offering (IPO). The Sedemac Mechatronics IPO opened for subscription on March 04, 2026, and will close today, March 06, 2026. The allotment is expected to be finalised on March 09, 2026, while the tentative listing date is set for March 11, 2026. The company’s shares are proposed to be listed on both the NSE and BSE.

The company supplies electronic control units (ECUs) that are critical to the operation of various types of equipment. These application-specific, control-intensive components manage complex systems in real time. Sedemac designs and manufactures sensorless commutation (SLC)-based integrated starter generator (ISG) ECUs for two- and three-wheelers with internal combustion engines, along with generator controllers (GCs) equipped with integrated electronic governing (eGov) features.

Sedemac Mechatronics IPO - Issue Details

Issue Size: Sedemac Mechatronics IPO is a book-built issue of ₹1,087.45 crore.
Offer Type: The issue is entirely an Offer for Sale (OFS) of 0.80 crore shares.
Price Band: The IPO price band is set at ₹1,287 to ₹1,352 per share.
Lot Size: The minimum lot size for an application is 11 shares.
Minimum Investment (Retail): Retail Individual Investors (RIIs) need a minimum investment of ₹14,157.
Lead Managers: ICICI Securities Limited, Avendus Capital Private Limited, and Axis Capital Limited are the book-running lead managers.
Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited) is the registrar to the issue.

Sedemac Mechatronics IPO Day 3 Subscription Status

[March 06, 2026, 10:42 A.M.]

On Day 3, Sedemac Mechatronics IPO saw a subscription of 0.51 times as per NSE data on March 06, 2026, 10:42 am. The public issue was subscribed 0.11 times by Retail Individual Investors (RIIs), 1.36 times by Qualified Institutional Buyers (QIBs), 0.27 times by Non-Institutional Investors (NIIs), and 1.92 times by Employees.

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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 to the Equity Shares offered by the respective Selling Shareholder as part of the Offer for Sale after deducting their proportion of the Offer-related expenses and relevant taxes thereon.

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Sedemac Mechatronics Ltd GMP

As per media reports, the Grey Market Premium (GMP) of Sedemac Mechatronics Ltd is reported at ₹-5, which is 0.37% lower than 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.

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