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SEDEMAC Mechatronics IPO: The initial public offering (IPO) of SEDEAMC Mechatronics Limited, which opened for bidding on March 4, 2026, has seen an overall subscription of 46 per cent by the end of the second day, according to the exchange data. Qualified Institutional Buyers (QIBs) lead amid tepid response, with 1.27 times the subscription against their reserved quota.
Earlier on Thursday, market expert Anil Singhvi, Managing Editor at Zee Business, shared his insights on Sedemac Engineering Ltd’s business profile and highlighted key positives and negatives.
Key negatives:
Market guru Anil Singhvi advised:
The Rs 1,087 crore IPO is a book build issue consisting entirely of an offer for sale (OFS) of 0.80 crore shares.
SEDEMAC Mechatronics IPO price band and lot size
The price band for the IPO has been fixed at Rs 1,287 to Rs 1,352 per share. Investors can bid in lots of 11 shares. At the upper price band of Rs 1,352 per share, the minimum investment required for retail investors is Rs 14,872.
The issue also includes a reservation of up to 8,169 shares for eligible employees, who are being offered a Rs 128 per share discount to the issue price.
The public issue opened for bidding on March 4 and will remain open till March 6.
Allotment date: The allotment of shares is expected to be finalised on March 9, 2026.
Listing date: The company is scheduled to list on the BSE and NSE with a tentative listing date of March 11, 2026.
SEDEMAC Mechatronics IPO Lead Manager and Registrar
The book-running lead manager for the issue is ICICI Securities Ltd, while MUFG Intime India Pvt Ltd has been appointed as the registrar.
Incorporated in 2007, SEDEMAC Mechatronics specialises in control electronics for automotive and industrial applications. The company supplies essential electronic control units (ECUs) to original equipment manufacturers (OEMs) across India, the United States, and Europe.
It designs and manufactures a wide range of products, including:
The company is led by Managing Director Shashikant Suryanarayan and primarily caters to two-wheelers, three-wheelers and internal combustion engine (ICE) vehicles, offering sensor-less computation-based integrated starter generator (ISG) ECUs.