Sedemac Mechatronics IPO Opens March 4: Price Band Set at ₹1,187 to ₹1,352 Per Share

Sedemac Mechatronics IPO Opens March 4: Price Band Set at ₹1,187 to ₹1,352 Per Share​

Sedemac Mechatronics Ltd, backed by A91 Partners, Catamaran Ventures, and Xponentia Capital, has announced the price band for its upcoming initial public offering, with the issue set to open for subscription on March 4.

The IPO will close for public subscription on March 6, while the anchor book for institutional investors will open on March 2.

Sedemac Mechatronics IPO Price Band and Lot Size​

The company has fixed the price band at ₹1,187 to ₹1,352 per equity share. Investors can bid for a minimum of one lot comprising 11 shares and in multiples of 11 thereafter.

Shares worth ₹1 crore have been reserved for employees, who will receive a discount of ₹128 per share on the final offer price.

At the upper end of the price band, the company aims to raise ₹1,087.45 crore. Post listing, Sedemac Mechatronics is expected to command a market capitalization of ₹5,970.63 crore at the upper price band.

IPO Structure and Reservation Details​

The public issue is entirely an offer for sale of up to 80.43 lakh equity shares. As a complete OFS, the company will not receive any proceeds from the offering. The selling shareholders, including existing investors and promoters, will divest a portion of their holdings through the IPO.

In terms of allocation, 50 percent of the net offer size has been reserved for qualified institutional buyers, 15 percent for non institutional investors, and 35 percent for retail individual investors.

Business Overview: Genset Controllers and Automotive ECUs​

Sedemac Mechatronics is positioned as one of India’s leading manufacturers of genset controllers and supplies electronic control units that are critical to automotive and industrial applications.

Its electronic control units are used by leading original equipment manufacturers in India as well as in international markets, including the United States and Europe.

Financial Performance: Profit Surges Eight Fold in FY25​

For the year ended March 2025, the company reported a sharp rise in profitability. Net profit increased nearly eight times to ₹47 crore, compared with ₹5.8 crore in the previous year.

Revenue for the same period rose 24 percent to ₹658.4 crore, up from ₹530.6 crore a year earlier.

In the nine month period ended December 2025, Sedemac Mechatronics posted a profit of ₹71.4 crore on revenue of ₹770.6 crore.

Key Dates and Lead Managers​

The company is expected to finalize the IPO share allotment by March 9. Its equity shares are scheduled to be listed on the stock exchanges on March 11.

ICICI Securities, Avendus Capital, and Axis Capital are acting as the book running lead managers to the issue.

The Sedemac Mechatronics IPO is likely to draw attention from institutional and retail investors alike, given its pricing, financial growth trajectory, and presence in the automotive and industrial electronics segments.