SEDEMAC Mechatronics IPO

The SEDEMAC Mechatronics IPO represents a major milestone following the filing of its Draft Red Herring Prospectus on 10th November 2025. Unlike many traditional offerings, it is the only one that is a pure secondary issue in the form of an Offer for Sale (OFS) of up to 0.80 crore equity shares; a fresh issue component is totally absent. The shares carrying a face value of 10 are going to be listed on both the BSE and NSE.

The book running lead managers for the SEDEMAC Mechatronics IPO include ICICI Securities Ltd., Avendus Capital Private Ltd., and Axis Capital Ltd. MUFG Intime India Private Ltd. has been appointed as the registrar for the issue.

While the DRHP has been filed, specific details regarding the SEDEMAC Mechatronics IPO price band and the size of each lot are yet to be disclosed to the public, as they will be decided by the company in consultation with the lead managers closer to the bid opening date.

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

The company operates in the high-tech segment of control-intensive electronics and mechatronics. It primarily deals with advanced control systems and motor controllers that serve as critical components for various industries. Its plant and R&D activities cater to the automotive (2W / 3W), agriculture, and off-highway segments. Product offerings consist of ISG (Integrated Starter Generator) controllers, fuel injection ECUs, and engine controllers for power generators. Apart from its standard-issue automotive and industrial controllers that are central to the company’s business, a new avenue growing in importance is entering the Electric Vehicle (EV) and power tool sectors.

For global and domestic Original Equipment Manufacturers (OEMs), SEDEMAC has recognized this need and applies state-of-the-art proprietary software tools and platforms independently developed in-house to keep up with the high standards set on processes adopted for hardware design, failure mode analysis, and manufacturing execution. This technological edge is a cornerstone of the value proposition for the SEDEMAC Mechatronics IPO.

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 the 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.