Sedemac Mechatronics IPO to open for subscription on March 4; price band, GMP, among 10 key things to know

Sedemac Mechatronics Initial Public Offer (IPO) Opens for Subscription

The highly anticipated IPO of Sedemac Mechatronics is set to open for subscription in the primary market on March 4.

Key Highlights of the Issue:

• Anchor Book: The company garnered a significant amount of Rs 326 crore from anchor investors ahead of the launch.
• Price Band: The price band has been fixed at Rs 1,287 to Rs 1,352 per share, valuing the company at close to Rs 6,000 crore at the higher end.
• Issue Size: The company's Rs 1,087-crore initial share-sale will open for public subscription on March 4 and conclude on March 6.
• IPO GMP: According to platforms tracking grey market activities, the shares of the company are commanding a flat GMP in the unofficial market.
• IPO Details: The IPO is entirely an offer for sale (OFS) of up to 80,43,300 equity shares by promoters and investors selling shareholders.

About Sedemac Mechatronics:

Sedemac Mechatronics is a Pune-based company that supplies control-intensive electronic control units (ECU) to original equipment manufacturers (OEM) in the mobility and industrial markets in India, the US, and Europe.

Key Financial Details:

• Revenue: The company reported a revenue of Rs 217.35 crore and profit after tax (PAT) of Rs 17.07 crore as on June 30, 2025.
• Profit After Tax (PAT): The company posted a PAT of Rs 47.04 crore in FY25.

Timeline:

• Allotment Date: Shares of the company are expected to be allotted by March 9.
• Listing Date: Shares of the company are proposed to be listed on March 11.

Issue Allocation:

The issue allocation includes 50 percent for qualified institutional buyers (QIBs), 35 percent for retail investor and 15 percent for non-institutional investors (NIIs).