Summary of this article
Sedemac Mechatronics shares listed with 13.54% premium on NSE and 11.69% premium on BSE
The company raised Rs 1,087.45 crore through a complete offer for sale
The Sedemac Mechatronics IPO was subscribed 2.68 times overall
Sedemac Mechatronics Share Price: Sedemac Mechatronics made a strong debut on the exchanges on March 11, 2026 amid a volatile market condition. Its shares listed with a premium over the issue price.
On the NSE, the stock opened at Rs 1,535 apiece, up by Rs 183, or 13.54 per cent, while on the BSE, it started at Rs 1,510 apiece, up by Rs 158, or 11.69 per cent from its issue price of Rs 1,352.
Sedemac Mechatronics IPO was available for subscription from March 4 to March 6. The company raised Rs 1,087.45 crore through a complete offer for sale (OFS) of 8.04 million equity shares.
The price band was fixed at Rs 1,287–1,352 per share. Investors had to bid for at least 11 shares in one lot. At the upper price band, retail investors needed to invest Rs 14,872 to apply for one lot.
ICICI Securities, Avendus Capital and Axis Capital managed the IPO, while MUFG Intime India served as the registrar to the issue.
Since the issue was entirely an offer for sale, the company did not receive any proceeds from the IPO, and the funds raised went to the selling promoters and shareholders.
Promoters Manish Sharma and Ashwini Amit Dixit sold shares as part of the offer for sale. Early investors including A91 Emerging Fund II LLP, Xponentia Opportunities Fund II, 360 One Special Opportunities Fund – Series 8, HDFC Life Insurance Company and others also pared their stakes through the IPO.
Sedemac Mechatronics IPO Listing: How Much Investors Made
Retail investors who applied for the minimum lot of 11 shares in the Sedemac Mechatronics IPO invested Rs 14,872 at the upper price band. At the listing price of Rs 1,535, the lot value rose to about Rs 16,885, giving a notional gain of around Rs 2,013.
Sedemac Mechatronics Share Price
Soon after the debut, Sedemac Mechatronics share price surged up to an intraday high of Rs 1,613.50 apiece so far on both the NSE and BSE, up by 19.34 per cent from the issue price.
During the session, the stock touched an intraday low of Rs 1,504.30 on the BSE and Rs 1,505 on the NSE, as of 10:30 AM.
Sedemac Mechatronmics IPO Subscription Details
The Sedemac Mechatronics IPO was subscribed 2.68 times overall, according to data from the exchanges. The retail investors’ portion was subscribed 20 per cent, while the non-institutional investors (NII) segment saw 77 per cent subscription. The qualified institutional buyers (QIB) quota, however, was booked 8.46 times.
Sedemac Mechatronics: College Project Turned Start-Up
Sedemac Mechatronics began as a college project at Indian Institute of Technology Bombay. In 2004, Manish Sharma started working on industry projects with his seniors Pushkaraj Panse and Ashwini Amit Dixit under professor Shashikanth Suryanarayanan.
The team worked on projects such as a sensor-based steering system for Sona Koyo and fuel injection controls for TVS Motor Company. While working on these assignments, they decided to start a company focused on electronic automation solutions for two- and three-wheelers.
In 2007, the trio founded Sedemac Mechatronics. The name stands for “Separating Decision Making from Actuation and Control”, which reflects the concept of combining electronics with mechanical engineering.
The company’s early projects generated about Rs 25 lakh in revenue. It also received early backing from Nexus Venture Partners, helping turn the college project into a full-fledged start-up.
