SEDEMAC Mechatronics was incorporated on July 18, 2007. The company designs and manufactures electronic control units (ECUs) that are essential for the functioning of vehicles and industrial equipment. It supplies these control-intensive components to major original equipment manufacturers in India, the United States, and Europe
| Bidding Dates |
|---|
| 04 Mar 2026 - 06 Mar 2026 |
| Subscription |
|---|
| 2.68x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,157 | 1 | 13 | 11 | 8.0 M | ₹1287 - ₹1352 | 26.24 % | ₹10351.7 M - ₹10874.5 M | RHP DOC |
SEDEMAC Mechatronics IPO SUBSCRIPTION STATUS
06 Mar '26SEDEMAC Mechatronics IPO overall subscription rate was 2.68 times the total available shares
SEDEMAC Mechatronics IPO retail subscription rate was 0.2 times in the retail segment
SEDEMAC Mechatronics IPO non-institutional investor subscription rate was 0.77 times in the non-institutional investor category
SEDEMAC Mechatronics IPO Qualified Institutional Bidder subscription rate was 8.46 times the available shares for Qualified Institutional Bidder
SEDEMAC Mechatronics IPO Employees subscription rate was 2.95 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
06 Mar 2026 (Day 3) | 0.2x | 0.77x | 8.46x | 2.95x |
05 Mar 2026 (Day 2) | 0.09x | 0.25x | 1.27x | 1.56x |
04 Mar 2026 (Day 1) | 0.03x | 0.01x | 0.87x | 0.59x |
SEDEMAC Mechatronics FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY26 | 770.7 | 71.5 | 67.1 | -12.8 | 20.9% |
| FY25 | 658.4 | 47.0 | 90.9 | 34.0 | 19.0% |
| FY24 | 530.7 | 5.9 | 60.7 | 22.7 | 15.7% |
| FY23 | 423.0 | 8.6 | 77.7 | 48.6 | 12.8% |
SEDEMAC Mechatronics IPO SUBSCRIPTION STATUS DETAILS
SEDEMAC Mechatronics had 8.0 M shares on offer
SEDEMAC Mechatronics IPO offer price was in the range ₹1287 - ₹1352
SEDEMAC Mechatronics IPO minimum Investment was ₹14157
SEDEMAC Mechatronics IPO issue size was ₹ 10351.7 M - ₹ 10874.5 M
SEDEMAC Mechatronics had a minimum lot size of 11 Shares per application
SEDEMAC Mechatronics NUMBER OF SHARES ON OFFER
SEDEMAC Mechatronics IPO IMPORTANT DATES
| Issue Open Date | 04 Mar 2026 |
| Issue close Date | 06 Mar 2026 |
| Allotment Date | 09 Mar 2026 |
| Refund Date | 10 Mar 2026 |
| Demat Account Credit Date | 10 Mar 2026 |
| Listing Date | 11 Mar 2026 |
| Listing on Exchange(s) | NSE and BSE |
| SEDEMAC Mechatronics Allotment Status | Exchange/ Registrar |
SEDEMAC Mechatronics IPO subscription opened on 04 Mar 2026, and closed on 06 Mar 2026
IPO allotment for SEDEMAC Mechatronics was finalized on Monday, 09 Mar 2026
IPO listing for SEDEMAC Mechatronics was on NSE and BSE on Wednesday, 11 Mar 2026
SEDEMAC Mechatronics IPO LISTING GAINS
| Issue Price (adjusted) | 1352.0 |
| Listing Open Price | 1535.0 |
| Listing Close Price | 1451.1 |
| Listing Gain% | 13.5% |
| Current Gain% | 107.9% |
SEDEMAC Mechatronics Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SEDEMAC Mechatronics Ltd. | 2810.4 | 12411.1 | 103.6 | 0.7 | 10.8 | 23 | 12.7 | 1063.6 | 60.5 | 103.6 | 120.2 | 27.1 | 154.6 |
| Samvardhana Motherson International Ltd. | 168.5 | 177842.4 | 40.6 | 1.3 | 1.4 | 9.4 | 3.5 | 126414.2 | 10.7 | 3859.7 | 1.5 | 4.1 | 31.9 |
| Bosch Ltd. | 42950 | 126685.7 | 45.7 | 1.2 | 6.3 | 18.7 | 12.8 | 20888.7 | 10.5 | 2773.2 | 37.6 | 940.2 | 37.6 |
| UNO Minda Ltd. | 1285 | 74204.5 | 61.7 | 3.8 | 3.6 | 17.5 | 8.7 | 19692 | 17.2 | 1197.1 | 27 | 20.8 | 16.2 |
| Tube Investments of India Ltd. | 2772 | 53658.2 | 84.3 | -16 | 2.3 | 8.2 | 3 | 23234.6 | 17.1 | 636.8 | -5.5 | 32.9 | -5.3 |
| Sona BLW Precision Forgings Ltd. | 818 | 51009.7 | 73.3 | 3.8 | 10.3 | 10.7 | 8.6 | 4572.1 | 24.2 | 640.2 | 6.5 | 11.2 | 19.2 |
SEDEMAC Mechatronics INFORMATION ON IPO ISSUE
About SEDEMAC Mechatronics
SEDEMAC Mechatronics was incorporated on July 18, 2007. The company designs and manufactures electronic control units (ECUs) that are essential for the functioning of vehicles and industrial equipment. It supplies these control-intensive components to major original equipment manufacturers in India, the United States, and Europe
Object of the Issue
- To carry out the offer for sale of up to 8,043,300 equity shares of face value of Rs 10 each by the selling shareholders
- To achieve the benefits of listing the equity shares on the stock exchanges
SEDEMAC Mechatronics - PROMOTERS
| Name |
|---|
| Shashikanth Suryanarayanan |
| Amit Arun Dixit |
| Manish Sharma |
| Anaykumar Avinash Joshi |
SEDEMAC Mechatronics - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Poyni Bhatt | Chairperson and Independent Director |
| Shashikanth Suryanarayanan | Managing Director |
| Amit Arun Dixit | Joint Managing Director |
| Manish Sharma | Whole Time Director and Chief Operating Officer |
| Namakal S Parthasarathy | Independent Director |
| Udo Edgar Wolz | Non-Executive Director |
SEDEMAC Mechatronics Book Running Lead Manager
ICICI Securities Limited
sml.ipo@icicisecurities.com
Avendus Capital Private Limited
sedemac.ipo@avendus.com
Axis Capital Limited
sedemac.ipo@axiscap.in
SEDEMAC Mechatronics Registrar to the Offer
MUFG Intime India Private Limited
sedemac.ipo@in.mpms.mufg.com
SEDEMAC Mechatronics Strengths
First-mover advantage
The company benefits from a strong first-to-market advantage across several critical and control-intensive technologies. This early entry has created high entry barriers for competitors and positioned the company as a market leader. Its solutions undergo extensive validation by original equipment manufacturers, making customer switching difficult
Integrated agility
The company’s integrated design, engineering, and manufacturing capabilities give it high agility at scale. Full ownership of the product lifecycle—from concept and validation to mass production—enables rapid response to customer needs, regulatory changes, and technical challenges without reliance on external licensors or partners
Quality and reliability
The company maintains a strong focus on quality, traceability, and consistent delivery—critical for products where any failure can halt equipment operations. Its products go through rigorous validation to ensure performance under demanding conditions
SEDEMAC Mechatronics Risks
Evolving product risks
The company faces changing risks because its products sit at different stages of development. It depends on anchor customers to test and adopt new technologies. If these customers withdraw support or do not see value, new products may not gain wider adoption, affecting operations and cash flows
High customer concentration
The company relies heavily on a few customers, including one that contributes most of its revenue. Any drop in demand or change in this relationship can significantly impact revenue, profitability, and cash flows
EV transition pressure
The shift toward electric two- and three-wheelers creates risk because much of the company’s revenue comes from internal combustion engine products. Its electric vehicle products are still in early growth. If these offerings do not meet cost or performance needs, the company may struggle to scale in the electric segment
IPO FAQs
This IPO consists of an offer for sale of up to Rs 1,087.4 crore, of 8,043,300 shares.
The promoters of the company are Shashikanth Suryanarayanan, Amit Arun Dixit, Manish Sharma and Anaykumar Avinash Joshi.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 1287.0 - 1352.0.
The IPO application opens on Mar 04, 2026 and closes on Mar 06, 2026.
The minimum lot size for the IPO is 11. The maximum lot size for the IPO is 143.
For all category investors, the minimum application amount for this IPO is Rs. 14,157.0, the maximum value for this IPO is Rs 193,336.0.
This IPO will be allotted on Mar 09, 2026.
The refund will be credited to your account on Mar 10, 2026.
The allotted shares will be credited to your demat on Mar 10, 2026.
SEDEMAC Mechatronics Ltd.’s shares listed on the stock exchanges on Mar 11, 2026.