Sedemac Mechatronics IPO: The company’s public issue opens for subscription on March 4. Here’s what investors should know about the IIT-Bombay project that grew into a full-fledged start-up before applying.

Sedemac Mechatronics IPO Opens On March 4: Issue Size, Price Band, Objectives, GMP

Sedemac Mechatronics IPO: Key Details and Background

Sedemac Mechatronics, a prominent company in the field of electronic automation for two- and three-wheelers, is set to go public through an initial public offering (IPO). Below are some key details about the IPO.

IPO Schedule and Details

IPO Opening Date: March 4, 2026
IPO Closing Date: March 6, 2026
IPO Objective: To raise Rs 1,087.45 crore through an entirely offer for sale of 8.04 million equity shares

Price Band and Lot Size

Price Band: Rs 1,287–1,352 per share
Lot Size: 11 equity shares
Minimum Application Amount for Retail Investors: Rs 14,872

About Sedemac Mechatronics

Sedemac Mechatronics was founded in 2007 by Manish Sharma, Pushkaraj Panse, and Amit Dixit, who initially collaborated on a college project at IIT Bombay. The company started working on industry projects, including a sensor-based steering system for Sona Koyo and fuel injection controls for TVS Motors.

Company Name Origin: Sedemac stands for Separating Decision Making from Actuation and Control, reflecting the operating principle behind mechatronics, which combines electronics with mechanical engineering.

Company Background

Sedemac Mechatronics began as a college project in the labs of IIT Bombay. The company's founders worked on various industry projects, including a sensor-based steering system and fuel injection controls. Their shared dream of building a homegrown company to develop electronic automation for two- and three-wheelers eventually led to the founding of Sedemac Mechatronics in 2007.