SEDEMAC Mechatronics has fixed its IPO price band at ₹1,287 to ₹1,352 per share. The public subscription window will officially open on Wednesday, March 4, 2026, and close on Friday, March 6. Being a mainboard issue, the minimum lot size is 11 shares, requiring a retail investment of ₹14,872.
The company specializes in "mission-critical" Electronic Control Units (ECUs) for automotive and industrial sectors. Financially, SEDEMAC has shown an explosive growth trajectory: its Profit After Tax (PAT) jumped from ₹5.88 crore in FY24 to ₹47.05 crore in FY25. For the current fiscal year (9-month period ending Dec 2025), revenue has already hit ₹770.7 crore with a PAT of ₹71.5 crore, signaling a massive scaling of its high-margin tech solutions.
The issue is a 100% Offer for Sale (OFS) of 8.04 million shares. While the company will not receive any fresh funds, the listing is intended to provide an exit for early investors and enhance the brand’s global visibility as it expands into the US and European markets.
Key IPO Details & Timetable
| Feature | Details |
| Price Band | ₹1,287 – ₹1,352 per share |
| Lot Size | 11 Shares (Min. Investment ₹14,872) |
| Total Issue Size | ₹1,087.45 Crore (100% OFS) |
| Anchor Bidding | Today, March 2, 2026 (Monday) |
| Public Open Date | March 4, 2026 (Wednesday) |
| Public Close Date | March 6, 2026 (Friday) |
| Tentative Listing | March 11, 2026 (BSE & NSE) |
Important Real News & Investor Insights
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Today's Status (March 2): The Anchor Book is open today. The list of institutional allottees will be released late tonight. High interest from tech-focused mutual funds is expected given the "Deeptech" nature of the business.
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Grey Market Premium (GMP): Early signals are cautious, with the GMP currently at ₹10–₹12. This reflects a moderate ~1% listing gain expectation. Analysts suggest that because it is a pure OFS with a high price band, the grey market is waiting for the Anchor list before turning bullish.
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The "TVS Motor" Risk: A major disclosure in the RHP is the company’s heavy reliance on TVS Motor Company, which contributes nearly 75% of its total revenue. Any change in this relationship is the single largest risk factor for the company.
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Innovation Moat: SEDEMAC holds proprietary "sensorless motor control" technology. They were the first in the world to develop integrated starter generator (ISG) ECUs for small engines, giving them a significant technological advantage over traditional players.
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Employee Discount: Eligible employees are being offered a massive ₹128 per share discount, one of the highest seen in recent IPOs, indicating strong management focus on talent retention.