SEDEMAC Mechatronics IPO Details

Bookbuilding IPO | ₹1,087 Cr | Listed at BSE, NSE | Wed, Mar 4, 2026 - Fri, Mar 6, 2026

SEDEMAC Mechatronics IPO Logo

SEDEMAC Mechatronics IPO is a book build issue of ₹1,087.35 crores. The issue is entirely an offer for sale of 0.80 crore shares of ₹1,087.35 crore.

SEDEMAC Mechatronics IPO bidding started from Mar 4, 2026 and ended on Mar 6, 2026. The allotment for SEDEMAC Mechatronics IPO was finalized on Mar 9, 2026. The shares got listed on the NSE and the BSE on Mar 11, 2026.

SEDEMAC Mechatronics IPO is set final issue price at ₹1,352 per share. The lot size for an application is 11 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,872 (11 shares) (based on upper price). The lot size investment for sNII is 14 lots (154 shares), amounting to ₹2,08,208, and for bNII, it is 68 lots (748 shares), amounting to ₹10,11,296.

The issue includes a reservation of up to 8,169 shares for employees offered at a discount of ₹128.00 to the issue price.

ICICI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to SEDEMAC Mechatronics IPO RHP for detailed Information.

IPO Open

Wed, Mar 4, 2026

IPO Close

Fri, Mar 6, 2026

Issue Price

₹1352 per share

Market Cap (Pre-IPO)

₹5,970.63 Cr

IPO Details

IPO Date4 to 6 Mar, 2026
Listed onWed, Mar 11, 2026
Face Value10 per share
Price Band₹1287 to ₹1352
Issue Price₹1352 per share
Lot Size11 Shares
Sale TypeOFS only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Employee Discount128.00

Total Issue Size80,43,300 shares
(agg. up to ₹1,087 Cr)
Offer for Sale80,43,300 shares of ₹10
(agg. up to ₹1,087 Cr)
Share Holding Pre Issue4,41,61,500 shares
Share Holding Post Issue4,41,61,500 shares
BSE Script Code / NSE Symbol544723 / SEDEMAC
ISININE00XB01019

IPO Timetable

Issue Reservation

SEDEMAC Mechatronics IPO comprises a total issue size of 80,43,300 shares. The net offer to the public is 80,35,131 shares, after excluding 8,169 shares under a preferential allotment. Of the Net offer 40,17,565 (50.00%) are allocated to QIB, 12,05,270 (15.00%) allocated to NII 28,12,296 (35.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue Max Allottees
QIB Shares Offered 40,17,56550.00%49.95%NA
  − Anchor Investor Shares Offered 24,10,40129.97%NA
  − QIB (Ex. Anchor) Shares Offered 16,07,16419.98%NA
NII (HNI) Shares Offered 12,05,27015.00%14.98%NA
  − bNII > ₹10L 8,03,5149.99%5,217
  − sNII < ₹10L 4,01,7564.99%2,608
Retail Shares Offered 28,12,29635.00%34.96%2,55,663
Preferential Reservations
Employee Shares Offered 8,1690.10%NA
Total Shares Offered 80,43,300100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 11 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 11 ₹14,872
Retail (Max) 13 143 ₹1,93,336
S-HNI (Min) 14 154 ₹2,08,208
S-HNI (Max) 67 737 ₹9,96,424
B-HNI (Min) 68 748 ₹10,11,296
IPO Subscription Details

IPO Anchor Investors

SEDEMAC Mechatronics IPO raises ₹325.89 crore from anchor investors. SEDEMAC Mechatronics IPO Anchor bid date is March 2, 2026.
📝 Anchor Investors Letter (PDF)

Bid DateMon, Mar 2, 2026
Shares Offered24,10,401
Anchor Portion (₹ Cr.)325.89
Anchor lock-in period end date for 50% shares (30 Days)Tue, Apr 7, 2026
Anchor lock-in period end date for remaining shares (90 Days)Sat, Jun 6, 2026

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Up to Rs 5 Lakhs Yes
Employee + RII/NII
  • Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About SEDEMAC Mechatronics Ltd.

Incorporated in 2007, SEDEMAC Mechatronics Ltd is a Pune-based technology company specializing in control electronics. It designs and manufactures powertrain controllers, motor control products, and integrated starter-generator solutions for automotive and industrial applications.

The company focuses on innovation through patented sensor-less motor control technology, enabling precise performance without external sensors. SEDEMAC works closely with major OEMs, offering reliable, efficient, and scalable electronic solutions.

The company is the first in India to develop, design, and manufacture sensorless commutation (SLC)-based integrated starter generators (ISG) ECUs for two-wheeler and three-wheeler (2W/3W) internal combustion engine (ICE) powered vehicles.

The company's flagship products include ISG ECUs, EFI ECUs, combined ISG+EFI ECUs, MCUs for electric vehicles, electric machines (magnetos / motors) for both engine-powered and electric bicycles and 2/3W and GCs.

Products:

  • Mobility: Engine-powered Two and Three Wheelers, E-bikes, Small electric vehicles for e-scooters, e-rickshaws, and e-LCVs,Commercial Vehicles
  • Generators

As of December 31, 2025, the company had 496 employees.

Competitive Strengths:

  • First-to-Market advantage
  • Agility
  • Synergy across markets and products
  • Continued ability to build fresh propositions
  • Quality and Delivery

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets676.01491.16402.24331.28
Total Income775.31662.54535.90429.87
Profit After Tax71.5047.055.888.57
EBITDA161.07125.0783.1254.24
NET Worth411.23303.88124.43115.22
Reserves and Surplus366.74303.35124.03114.93
Total Borrowing46.8949.62150.62109.61
Amount in ₹ Crore

Key Performance Indicator (KPI)

KPIDec 31, 2025Mar 31, 2025
ROE20.03%22.01%
ROCE32.52%33.79%
Debt/Equity0.170.21
RoNW17.39%15.48%
PAT Margin9.28%7.15%
EBITDA Margin20.90%19.00%
Price to Book Value14.3818.89
Pre IPOPost IPO
EPS (₹)10.6521.59
P/E (x)126.9162.63
Promoter Holding26.43%26.18%
Market Cap5,970.63 Cr.
Prof. Shashikanth Suryanarayanan, Amit Arun Dixit, Manish Sharma and Anaykumar Avinash Joshi are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
SML is a unique player as supplier of control intensive, critical-to-the-application ECUs globally and enjoys good market share. It suffered a minor setback for FY24 in bottom lines. SML posted quantum jump in bottom lines from FY25 onwards. Based on its recent financial data, the issue appears aggressively priced. Well-informed/cash surplus investors can park funds for long term.
Read detail review...

SEDEMAC Mechatronics IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers2111
Members1001

IPO Subscription Status

The SEDEMAC Mechatronics IPO is subscribed 2.68 times on March 6, 2026 6:54:35 PM (Day 3). The public issue subscribed 0.20 times in the retail category, 8.46 times in the QIB category, and 0.77 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for
QIB (Ex Anchor)8.4616,07,1641,35,94,537
NII 0.7712,05,2709,30,677
    bNII (> ₹10L)0.898,03,5137,17,772
    sNII (< ₹10L)0.534,01,7572,12,905
Retail0.2028,12,2965,65,257
Employee2.958,17024,112
Total2.6856,32,9001,51,14,583

Total Applications: 34,413

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 BRLMs fees and commissions (including underwriting commission, brokerage and selling commission) 34.00
2 Commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Banks for Bids made by RIBs using UPI 0.50
3 Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs 1.64
4 Fees payable to the Registrar to the Offer 0.02
5 Fees payable to others 7.11
6 Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses 4.04
7 Printing and stationery 0.46
8 Advertising and marketing expenses for the Offer 7.39
9 Fee payable to legal counsels 8.95
10 Miscellaneous 3.16
Total 67.26

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price1,352.001,352.00
Open1,510.001,535.00
Low1,425.001,420.00
High1,613.501,613.50
Last Trade1,452.101,451.10

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

SEDEMAC Mechatronics Ltd. Address
Survey No. 270/1/A/2,
Pallod Farms Baner Road, Baner,
Baner Gaon, Haveli
Pune, Maharashtra, 411045
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IPO FAQs

SEDEMAC Mechatronics IPO is a main-board IPO of 80,43,300 equity shares of the face value of ₹10 aggregating up to ₹1,087 Crores. The issue is priced at ₹1352 per share. The minimum order quantity is 11.

The IPO opens on Wed, Mar 4, 2026, and closes on Fri, Mar 6, 2026.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in SEDEMAC Mechatronics IPO using UPI as a payment gateway. Zerodha customers can apply in SEDEMAC Mechatronics IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in SEDEMAC Mechatronics IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'SEDEMAC Mechatronics IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The SEDEMAC Mechatronics IPO opens on Wed, Mar 4, 2026 and closes on Fri, Mar 6, 2026.

SEDEMAC Mechatronics IPO lot size is 11, and the minimum amount required for application is ₹14,872.

You can apply in SEDEMAC Mechatronics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for SEDEMAC Mechatronics IPO will be done on Monday, March 9, 2026, and the allotted shares will be credited to your demat account by Tue, Mar 10, 2026. Check the SEDEMAC Mechatronics IPO allotment status.

The SEDEMAC Mechatronics IPO listing date is on Wed, Mar 11, 2026.

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