Summary of this article
Sedemac Mechatronics IPO indicated firm listing prospects on day 2
IPO window is open till March 6, with company offering 8 million shares in OFS
Sedemac Mechatronics’ initial public offering (IPO) has entered its second day of the subscription window. The IPO subscription window opened on March 4 and will close on March 6. So far, investors have subscribed to 29 per cent of the issue, applying for 1.61 million shares.
Qualified institutional buyers have booked 87 per cent of the shares reserved for them, applying for 1.40 million shares so far. Non-institutional investors and retail investors have shown tepid interest in the issue, applying for only 5 per cent each of their respective quotas. Employees of the company have subscribed for 93 per cent of their quota, booking for 7,579 shares.
Sedemac Mechatronics IPO: Offer Size
Sedemac Mechatronics’ IPO is worth Rs. 1,087.45 crore, where the company is going through the pure offer-for-sale (OFS) route of 8 million shares. Manish Sharma and Ashwini Amit Dixit have offered a part of their stake as promoters of the company, among other early investors in the issue. Selling shareholders are expected to make multifold profits from the issue if the issue is fully subscribed.
Sedemac Mechatronics is a Pune-based technology company which designs and manufactures powertrain controllers and motor control products. The company, which specialises in control electronics, also provides integrated starter-generator solutions for automotive and industrial applications.
Sedemac Mechatronics IPO: Price Band
Sedemac Mechatronics has set Rs. 1,287-1,352 per share as the price band for the public issue. The minimum lot size is 11 shares to apply for the issue in the primary market. For retail investors, in order to apply for the issue, they must invest a minimum amount is Rs. 14,872 at the upper end of the price band.
Shares of the issue are expected to be allotted on March 9. The company’s stock is set to make its debut on the stock exchanges on March 11.
ICICI Securities is the book-running lead manager of the issue, while MUFG Intime India is the registrar.
Sedemac Mechatronics IPO: GMP
Sedemac Mechatronics indicates firm listing prospects on the stock exchanges. As per multiple websites, the latest grey market premium (GMP) of the issue was at Rs. 57 from the upper end of the price band in the primary market, with the expected listing price at Rs. 1409.
Sedemac Mechatronics: Key Financials
The company earned Rs. 770.66 crore as operating revenue during the first nine months of the financial year 202-2026. The profit after tax of the company was reported at Rs. 71.50 crore for April-December 2025. The company reported a net profit of Rs. 47.05 crore for FY25, and operating revenue of Rs. 65.84 crore.
Total assets of the company stood at Rs. 676.01 crore by the end of December 2025, while total borrowings were at Rs. 46.89 crore.
