Sedemac Mechatronics IPO Opens On March 4 - Should You Apply?

Sedemac Mechatronics IPO: The initial public offering (IPO) Sedemac Mechatronics is set to open on March 4, 2026, and close on March 6, 2026. The company aims to raise Rs 1,087.45 crore through an entirely offer for sale of 8.04 million equity shares.

The price band has been fixed at Rs 1,287–1,352 per share and investors can bid in a lot size of 11 equity shares. At the upper price band, retail investors will need to commit a minimum of Rs 14,872 to apply for one lot.

Sedemac Mechatronics began as a college project in the labs of IIT Bombay. In 2004, Manish Sharma, along with seniors Pushkaraj Panse and Amit Dixit, began working with professor Shashikanth Suryanarayanan on some industry projects. One project was a sensor-based steering system for Sona Koyo. Another was fuel injection controls for TVS Motors. While working on these, the three realised they shared a bigger dream: building a homegrown company to develop electronic automation for two- and three-wheelers. In 2007, they founded Sedemac Mechatronics.

Sedemac stands for Separating Decision Making from Actuation and Control. It is the operating principle behind mechatronics, which is the technology that combines electronics with mechanical engineering.

The first projects brought in Rs 25 lakh in business. Nexus Venture Partners also invested in the company. That's how a college project turned into a full-blown start-up.

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