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

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 Date | 4 to 6 Mar, 2026 |
| Listed on | Wed, Mar 11, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹1287 to ₹1352 |
| Issue Price | ₹1352 per share |
| Lot Size | 11 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹128.00 |
| Total Issue Size | 80,43,300 shares (agg. up to ₹1,087 Cr) |
| Offer for Sale | 80,43,300 shares of ₹10 (agg. up to ₹1,087 Cr) |
| Share Holding Pre Issue | 4,41,61,500 shares |
| Share Holding Post Issue | 4,41,61,500 shares |
| BSE Script Code / NSE Symbol | 544723 / SEDEMAC |
| ISIN | INE00XB01019 |
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 | 40,17,565 | 50.00% | 49.95% | NA |
| − Anchor Investor Shares Offered | 24,10,401 | 29.97% | NA | |
| − QIB (Ex. Anchor) Shares Offered | 16,07,164 | 19.98% | NA | |
| NII (HNI) Shares Offered | 12,05,270 | 15.00% | 14.98% | NA |
| − bNII > ₹10L | 8,03,514 | 9.99% | 5,217 | |
| − sNII < ₹10L | 4,01,756 | 4.99% | 2,608 | |
| Retail Shares Offered | 28,12,296 | 35.00% | 34.96% | 2,55,663 |
| Preferential Reservations | ||||
| Employee Shares Offered | 8,169 | 0.10% | NA | |
| Total Shares Offered | 80,43,300 | 100.00% | 100.00% | |
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 |
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 Date | Mon, Mar 2, 2026 |
| Shares Offered | 24,10,401 |
| 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 |
| Application Category | Maximum Bidding Limits | Bidding 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 |
|
Yes for Employee and RII/NII |
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:
As of December 31, 2025, the company had 496 employees.
Competitive Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 676.01 | 491.16 | 402.24 | 331.28 |
| Total Income | 775.31 | 662.54 | 535.90 | 429.87 |
| Profit After Tax | 71.50 | 47.05 | 5.88 | 8.57 |
| EBITDA | 161.07 | 125.07 | 83.12 | 54.24 |
| NET Worth | 411.23 | 303.88 | 124.43 | 115.22 |
| Reserves and Surplus | 366.74 | 303.35 | 124.03 | 114.93 |
| Total Borrowing | 46.89 | 49.62 | 150.62 | 109.61 |
| Amount in ₹ Crore | ||||
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 20.03% | 22.01% |
| ROCE | 32.52% | 33.79% |
| Debt/Equity | 0.17 | 0.21 |
| RoNW | 17.39% | 15.48% |
| PAT Margin | 9.28% | 7.15% |
| EBITDA Margin | 20.90% | 19.00% |
| Price to Book Value | 14.38 | 18.89 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.65 | 21.59 |
| P/E (x) | 126.91 | 62.63 |
| Promoter Holding | 26.43% | 26.18% |
| Market Cap | ₹5,970.63 Cr. |
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) | 8.46 | 16,07,164 | 1,35,94,537 |
| NII | 0.77 | 12,05,270 | 9,30,677 |
| bNII (> ₹10L) | 0.89 | 8,03,513 | 7,17,772 |
| sNII (< ₹10L) | 0.53 | 4,01,757 | 2,12,905 |
| Retail | 0.20 | 28,12,296 | 5,65,257 |
| Employee | 2.95 | 8,170 | 24,112 |
| Total | 2.68 | 56,32,900 | 1,51,14,583 |
Total Applications: 34,413
| # | 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 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹1,352.00 | ₹1,352.00 |
| Open | ₹1,510.00 | ₹1,535.00 |
| Low | ₹1,425.00 | ₹1,420.00 |
| High | ₹1,613.50 | ₹1,613.50 |
| Last Trade | ₹1,452.10 | ₹1,451.10 |
Lead Manager Reports
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
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.