Sedemac Mechatronics Shares Make a Strong Debut on Stock Market, Lists at 13.54% Premium Over IPO Price
Sedemac Mechatronics Ltd which opened its Initial Public Offering (IPO) on March 04, 2026, made its debut on the Dalal Street today on March 11, 2026. The shares of Sedemac Mechatronics made a positive debut on both NSE and BSE, listing at a premium over the IPO price of ₹1,352.
The shares opened at ₹1,535 on the NSE, marking a premium of ₹183 or 13.54% over the issue price. Similarly, on BSE, the shares of Sedemac Mechatronics opened at ₹1,510, marking a premium of ₹158 or 11.69% from the IPO price.
Sedemac Mechatronics IPO which closed on March 06, 2026 was a book build issue of ₹1,087.45 crores and was entirely an offer for sale (OFS) of 0.80 crore shares. The IPO price band was set between ₹1,287 to ₹1,352 per share and the minimum lot size for an application was 11. The minimum investment required by the retail individual investors (RIIs) was ₹14,157.
Sedemac Mechatronics IPO Overall Subscription Status
[March 06, 2026, 7 PM]
On Day 3, Sedemac Mechatronics IPO saw an overall subscription of 2.68 times as per NSE data on March 06, 2026, 07:00 pm. The public issue was subscribed 0.20 times by the Retail Individual Investors (RIIs), 8.46 times by the Qualified Institutional Buyers (QIBs), 0.77 times by the Non Institutional Investors (NIIs) and 2.95 times by the 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 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.
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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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