About SEDEMAC Mechatronics IPO
The SEDEMAC Mechatronics Ltd. filed its DRHP on Nov 10, 2025, with SEBI. This IPO is a book build issue of ₹1,087.45 crores, which is entirely an offer for sale of 0.80 crore shares. The price band for this IPO is set at ₹1287 to ₹1352 per shares and the lot size for an application is 11. The minimum amount of investment required by an individual investor is ₹ 14,872 (11 shares). The IPO will open for subscription from March 4-6, 2026, on the BSE and the NSE platforms with a tentative listing date fixed as March 11, 2026.
The book-running lead manager for this issue is ICICI Securities Ltd. and the registrar of the issue is MUFG Intime India Pvt.Ltd.
Company Background
SEDEMAC Mechatronics Ltd. has emerged with growth and transition on the scene since July 18, 2007, when it was established as a private Ltd. company in Mumbai (India), Maharashtra.
As a strategic decision before going in for the SEDEMAC Mechatronics IPO, the company became a Public Ltd. Company in Sept 2024. It is headquartered in Mumbai and its Registered office is based in Pune, Maharashtra. The firm has a tradition of excellence in control-dominated technologies. The forthcoming SEDEMAC Mechatronics listing is intended to capitalize on its already strong foothold in the market, drive additional corporate growth and ensure it operates as a publicly traded company with added transparency.
Operations & Product Range
SEDEMAC Mechatronic Ltd. is a Tier 1 supplier with experience in control-intensive Electronic Control Units (ECUs) for the mobility and industrial sectors. The product range of this company includes Integrated Starter Generator (ISG) ECUs, which enable sensorless starting for 2W/3W vehicles and Electronic Fuel Injection (EFI) systems. The company also manufactures Motor Control Units (MCUs) for electric vehicles and complex controllers for power generators and industrial machines.
Facilities & Capacity
SEDMAC Mechatronics Ltd. provides in-house design, engineering and manufacturing capabilities, while its headquarters is in Pune. Their infrastructure includes a state-of-the-art transient dynamometer for engine testing and an in-house R&D core that has been awarded more than 12 international patents. They also maintain a very adaptive production system that can support low-volume PCB assembly and designing with high quality and accuracy for complex automotive parts.
Brands & Market Presence
SEDEMAC Mechatronics Ltd. is a leading market player, with a 75% market share in the genset controller market in India and a 35% market share in the ISG ECU market for two-wheelers in India. The company has a global presence in the USA and Europe, with a 14% global market share in specific niches of the controller market. The company is a major supplier to leading global OEMs, with a vision to be a leader in the conversion of traditional internal combustion engines to more intelligent, electronic control-based engines.
Revenue Streams & Business Model
SEDEMAC Mechatronics Ltd. follows a B2B model based on long-term collaborations with leading domestic and global automotive and industrial OEMs. The company earns the majority of its revenues from sales of control-oriented controllers, with a focus on the two-wheeler and power generator segment, having already carved out a strong competitive space for itself.
Additional revenue streams are emerging from their expansion into EV components and advanced emission control technologies for gensets. This diversified approach across different engine and motor applications provides a stable financial base ahead of the SEDEMAC Mechatronics IPO.
Management & Shareholding
The promoters of SEDEMAC Mechatronics Ltd. include Prof. Shashikanth Suryanarayanan, Amit Arun Dixit, Manish Sharma and Anaykumar Avinash Joshi. As a team of highly qualified engineers, their collective expertise stems from backgrounds at premier institutions like IIT-Bombay. Together, they have driven the company’s indigenous research and development, resulting in a robust portfolio of granted patents and established partnerships with global automotive and industrial OEMs.
Board & Key Management
The organization is led by Chairperson Poyni Bhatt and Managing Director Prof. Shashikanth Suryanarayanan, supported by a competent management team including Joint Managing Director Amit Arun Dixit and Chief Financial Officer Rajesh Madhukar Sheth. This senior leadership team leverages deep knowledge and hands-on experience in mechatronics and engineering as a basis for setting up SEDEMAC Mechatronics IPO. Further, the Board members comprise independent directors, namely, Abhay Pandey, Namakal S. Parthasarathy and Sriram Venkataraman. These independent directors have a combination of experiences in private equity, technology and various other sectors. Moreover, independent directors play a key role in continuing good corporate governance and giving oversight as the company gets publicly listed.
SEDEMAC Mechatronics IPO Details
| Detail | Description |
|---|---|
| IPO Date | 4 to 6 Mar, 2026 |
| Listing Date | Wed, Mar 11, 2026 |
| Face Value | ₹ 10 per Equity Share |
| Issue Price Band | ₹ 1,287 to ₹ 1,352 |
| Lot Size | 11 Shares |
| Sale Type | Offer for Sale (OFS) only |
| Total Issue Size | 80,43,300 shares (agg. up to ₹ 1,087 Cr) |
| Offer for Sale | Up to 80,43,300 Equity Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE and NSE |
| Share Holding Pre Issue | 4,37,37,000 shares |
| Share Holding Post Issue | 4,37,37,000 shares |
SEDEMAC Mechatronics IPO Financial Information
Latest Revenue
219.96
₹ Crore
Profit After Tax
17.07
₹ Crore
Net Worth
321.52
₹ Crore
Total Borrowing
42.18
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 30 Jun 2025 (Q1) | 552.18 | 219.96 | 17.07 | 321.52 | 320.39 | 42.18 | |||
| 31 Mar 2025 | 491.16 | 662.54 | 47.05 | 303.88 | 303.35 | 49.62 | |||
| 31 Mar 2024 | 402.24 | 535.90 | 5.88 | 124.43 | 124.03 | 150.62 | |||
| 31 Mar 2023 | 331.28 | 429.87 | 8.57 | 115.22 | 114.93 | 109.61 | |||
| Amount in ₹ Crore | |||||||||
SEDEMAC Mechatronics Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 22.01 |
| ROCE | 33.79 |
| Debt/Equity | 0.21x |
| RoNW | 15.48% |
| PAT Margin | 7.15% |
| EBITDA Margin | 19.00% |
| Price to Book Value | 18.89 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ₹10.76 | 15.61 |
| P/E (x) | 125.69 | 86.61 |
IPO Objectives
As the SEDEMAC Mechatronics IPO is entirely an Offer for Sale, the proceeds will not go to the company but to the selling shareholders. The strategic objectives of the listing include:
- • Achieving the benefits of listing the Equity Shares on the Stock Exchanges.
- • Providing a liquidity platform for existing shareholders and promoters.
- • Enhancing the company’s brand image and visibility among existing and potential customers.
- • Establishing a public market for the Equity Shares in India.
Conclusion
The SEDEMAC Mechatronics IPO provides investors with a chance to invest in the development of an Indian-based engineering company that specializes in advanced technology. The company, which began operations in 2007 through its dedication to innovation, has developed a business model that will lead to its upcoming phase of public accountability and international growth. The SEDEMAC Mechatronics IPO attracts substantial interest from Indian technology companies because it operates as an exclusive investment opportunity with its exceptional management team and strong financial performance.
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Competitive Strengths
Strong R&D culture with a workforce including highly qualified engineers from IITs, NITs, and BITS.
In-house development of critical technology, including 12 granted patents across various jurisdictions.
The firm preserves a first, to, market lead by continuously pioneering and expanding revolutionary technologies such as sensorless motor control.
Their energetic collaboration across different markets results in economies of scale and guarantees a strong, cost-effective supply chain.
A core group of highly skilled engineers is committed to providing the company with the ongoing capability of creating new, distinctive offers for global OEMs.
Download regulatory filings
SEDEMAC Mechatronics IPO Timeline
| IPO Open Date | Wed, Mar 4, 2026 |
| IPO Close Date | Fri, Mar 6, 2026 |
| Tentative Allotment | Mon, Mar 9, 2026 |
| Initiation of Refunds | Tue, Mar 10, 2026 |
| Credit of Shares to Demat | Tue, Mar 10, 2026 |
| Tentative Listing Date | Wed, Mar 11, 2026 |
| Cut-off time for UPI mandate confirmation | - |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 11 | ₹14,872 |
| Individual investors (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 |