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SEDEMAC Mechatronics IPO

SEDEMAC Mechatronics came to market through an IPO that opened on 4 March 2026 and closed on 6 March 2026, and the shares listed on 11 March 2026 on BSE, NSE. The price band was ₹1,287 to ₹1,352 per share and one lot was 11 shares, so the minimum application was ₹14,872. The issue size was ₹1087.45 crore. The whole issue was an offer for sale, so the proceeds went to the selling shareholders rather than the company.

MUFG Intime India Pvt.Ltd was the registrar to the issue, and ICICI Securities Ltd., Avendus Capital Pvt.Ltd., Axis Capital Pvt.Ltd were the lead managers.

Issue details

Issue type
Book Built Issue
Price band
₹1,287 to ₹1,352
Lot size
11 shares
Minimum investment
₹14,872
Face value
₹10 per share
Issue size
₹1087.45 crore
Offer for sale
80,43,300 shares (aggregating up to ₹1087.45 crore)
Listing at
BSE, NSE
Registrar
MUFG Intime India Pvt.Ltd
Lead managers
ICICI Securities Ltd., Avendus Capital Pvt.Ltd., Axis Capital Pvt.Ltd
Promoter holding before the issue
26.43%
Promoter holding after the issue
26.24%

Timeline

Opens
4 March 2026
Closes
6 March 2026
Allotment
9 March 2026
Listing
11 March 2026

Subscription status by day

As of 6 March 2026.

Day
1
2
3

Listing day and after

Issue price
₹1,352
Listed on
11 March 2026

About SEDEMAC Mechatronics

Established in 2007, SEDEMAC Mechatronics Ltd is a technology firm in Pune, India, that deals with control electronics. The firm develops and produces powertrain controllers, motor control solutions, and integrated starter generators for the automotive and industrial sectors. The firm concentrates on innovation with patented sensor-less motor control solutions, which allow the company to control motor performance accurately without the need for external sensors. SEDEMAC collaborates with leading OEMs to provide efficient and scalable electronic solutions.

SEDEMAC is expanding rapidly with robust financials and an increasing global presence. The company’s innovative products drive the growing electrification of two-wheelers, three-wheelers, and power equipment, making it a leader in control solutions.

As described in the offer document.

Objects of the issue

  • Offer for Sale.

Strengths

  • First-to-Market Advantage & High Entry Barriers: Early entry with differentiated and control-intensive solutions has resulted in high entry barriers, thus facilitating leadership in the market.
  • Integrated Design, Engineering, and Manufacturing: Full ownership of the product development and manufacturing process enables fast innovation, scalability, and control over the entire product life cycle, independent of third-party dependence.
  • Continuous Innovation and Technology Leadership: In-house engineering strength facilitates continuous innovation and scaling of advanced technologies, thus enabling frequent upgrades of products and differentiated functionalities that add value to customers.

Risks

  • Manufacturing Concentration Risk: The entire manufacturing is now reliant on two facilities in Pune, Maharashtra. This may create a material impact on manufacturing, sales, and profitability due to any regional or facility-level disruption or operational problem at these facilities.
  • Evolving Product & Technology Risk: The Company’s technology development process, which involves various stages of product validation, commercialization, and scaling, makes it vulnerable to dynamic risks associated with different stages of product validation, commercialization, and scaling. This may create a material impact on financial performance and growth opportunities.
  • Supply Chain & Geopolitical Risk: The Company’s reliance on imported critical components like semiconductors and PCBs from China makes it vulnerable to supply chain risks, trade tensions, regulatory risks, and geopolitical risks.

Financials (₹ crore)

Metric31-Dec-2531-Mar-2531-Mar-2431-Mar-23

Listed peers

SEDEMAC Mechatronics
RoNW 15.48%%
Bosch Limited
RoNW 14.59%%
Zf Commercial Vehicle
RoNW 14.31%%
Sona Blw Precision
RoNW 10.94%%
Schaeffler India
RoNW 17.59%%

Sedemac Mechatronics raises Rs 326 crore from 23 anchor investors. Out of the total allocation of 24.1 lakh shares, 16.41 lakh shares were allocated to 10 domestic mutual funds including HDFC Asset Management Company Ltd., SBI Mutual Fund Ltd., ICICI Prudential AMC Ltd., Aditya Birla Sun Life AMC Ltd., Helios MF Ltd., HSBC Mutual Fund Ltd., and Sundaram MF Ltd.

Marquee investors including Goldman Sachs, Abu Dhabi Investment Authority, 3P Investment Managers, WhiteOak Capital, and Pinebridge Global Funds also picked up shares in the anchor issue.

Promoters

Prof. Shashikanth Suryanarayanan, Amit Arun Dixit, Manish Sharma, Anaykumar Avinash Joshi. Promoter holding 26.43% before the issue and 26.24% after.

Application sizes

Retail (min)
1 lot, 11 shares, ₹14,872
Retail(max)
13 lots, 143 shares, ₹1,93,336
sHNI(min)
14 lots, 154 shares, ₹2,08,208
sHNI(max)
67 lots, 737 shares, ₹9,96,424
bHNI(min)
68 lots, 748 shares, ₹10,11,296

Valuation

EPS Pre IPO
₹10.65
EPS Post IPO
₹21.59
P/E Pre IPO
126.91
P/E Post IPO
62.63
ROE
22.01%
ROCE
33.79%
RoNW
15.48%
PAT Margin
7.15%
Debt/Equity
0.21
Price/Book
18.89
Market Cap
₹1,087.45 cr

Registrar and allotment status

Registrar
MUFG Intime India Pvt.Ltd
Allotment status
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Phone
+91-22-4918 6270
Email
sedemac.ipo@in.mpms.mufg.com

Work out the listing gain for this IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the SEDEMAC Mechatronics IPO

What is SEDEMAC Mechatronics IPO?

SEDEMAC Mechatronics IPO was a ₹1,087.45 crore book-built issue, made up entirely of an offer for sale. It was priced at ₹1,287–₹1,352 per share with a lot size of 11 shares (₹14,872). The IPO was open from March 4 to March 6, 2026 and was subscribed 2.68x. Shares listed on BSE and NSE on March 11, 2026 at ₹1,535, a 13.5% premium to the issue price of ₹1,352. MUFG Intime India Pvt. Ltd. is the registrar. ICICI Securities Ltd.

and 2 other book running lead managers manage the issue.

What is the price band of SEDEMAC Mechatronics IPO?

The price band of SEDEMAC Mechatronics IPO is ₹1287 to ₹1352 per share.

What is the lot size of SEDEMAC Mechatronics IPO?

The lot size of SEDEMAC Mechatronics IPO is 11 shares.

What is the minimum investment for SEDEMAC Mechatronics IPO?

The minimum investment for SEDEMAC Mechatronics IPO is approximately ₹14,872 based on the upper price band.

What is the allotment date of SEDEMAC Mechatronics IPO?

The allotment date of SEDEMAC Mechatronics IPO is Mar 9, 2026.

What was the GMP of SEDEMAC Mechatronics IPO before listing?

No GMP quote could be verified as recorded before SEDEMAC Mechatronics IPO listed. A grey-market observation of ₹2 per share was recorded on 11 Mar 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹1535. GMP is unofficial and does not forecast or guarantee the actual listing price.

How has SEDEMAC Mechatronics IPO share price performed since listing?

SEDEMAC Mechatronics IPO listed on Mar 11, 2026. It was issued at ₹1535.0(NSE) and is currently around ₹3148.00 as on 2-Nov-2026 3:30 PM, which is approximately 132.8% versus issue price. The 52-week high is ₹3,650.00.

How to check SEDEMAC Mechatronics IPO allotment status?

You can check SEDEMAC Mechatronics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SEDEMAC Mechatronics IPO allotment status on Rupix for quick and easy access.

What was the price band of the SEDEMAC Mechatronics IPO?

₹1,287 to ₹1,352 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the SEDEMAC Mechatronics IPO?

One lot was 11 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,872.

What was the minimum investment in the SEDEMAC Mechatronics IPO?

₹14,872, for one lot of 11 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the SEDEMAC Mechatronics IPO open and close?

It opened on 4 March 2026 and closed on 6 March 2026.

When was the allotment of the SEDEMAC Mechatronics IPO?

The basis of allotment was published on 9 March 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did SEDEMAC Mechatronics list on BSE, NSE?

The shares listed on 11 March 2026 on BSE, NSE.

How large was the SEDEMAC Mechatronics IPO?

The issue size was ₹1087.45 crore. The offer for sale was 80,43,300 shares (aggregating up to ₹1087.45 crore).