
Backed by A91 Partners, Catamaran Ventures, and Xponentia Capital, Sedemac Mechatronics Ltd has announced the price band for its initial public offering (IPO), which will open for subscription on March 4. The price band has been fixed at ₹1,187 to ₹1,352 per equity share, with a minimum bid lot of 11 shares and in multiples thereafter.
At the upper end of the price band, the company aims to raise ₹1,087.45 crore and is expected to command a post-listing market capitalisation of ₹5,970.63 crore. The anchor investor book will open on March 2, while the issue will close for public subscription on March 6. The share allotment is likely to be finalised by March 9, with listing scheduled for March 11.
ICICI Securities, Avendus Capital, and Axis Capital are acting as the book-running lead managers to the issue.
Sedemac Mechatronics IPO is entirely an offer for sale (OFS) of up to 80.43 lakh equity shares. As a complete OFS, Sedemac Mechatronics will not receive any proceeds from the issue, and the selling shareholders, including existing investors and promoters, will offload part of their stake.
In terms of allocation, 50% of the net offer has been reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 35% for retail investors. Additionally, shares worth ₹1 crore have been reserved for employees, who will receive a discount of ₹128 per share on the final offer price.
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Sedemac Mechatronics is regarded as one of India’s leading manufacturers of genset controllers and a key supplier of electronic control units (ECUs) used in automotive and industrial applications. The company supplies its products to leading original equipment manufacturers (OEMs) in India as well as in international markets, including the United States and Europe.
The company has reported strong financial growth in recent years. For the financial year ended March 2025, net profit surged nearly eightfold to ₹47 crore from ₹5.8 crore in the previous year, while revenue rose 24% year-on-year to ₹658.4 crore from ₹530.6 crore.
In the nine-month period ended December 2025, Sedemac recorded a profit of ₹71.4 crore on revenue of ₹770.6 crore, indicating continued momentum in earnings and topline growth.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Feb 26, 2026, 9:52 AM IST

Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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