IPO Details

SEDEMAC Mechatronics IPO

SEDEMAC Mechatronics Limited

SEDEMAC Mechatronics logo
Mainboard IPO
₹14,157

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: SEDEMAC Mechatronics Limited

Industry / Sector: Automotive Electronics / Powertrain & Motor Control Systems

Founded Year: 2007

Promoters: Prof. Shashikanth Suryanarayanan, Amit Arun Dixit, Manish Sharma, Anaykumar Avinash Joshi

SEDEMAC Mechatronics Limited is a Pune-based technology company specializing in control electronics for automotive and industrial applications. It designs and manufactures powertrain controllers, motor control products, and integrated starter-generator (ISG) solutions. The company is the first in India to develop, design, and manufacture sensorless commutation (SLC)-based ISG ECUs for two-wheeler and three-wheeler ICE vehicles. Its flagship products include ISG ECUs, EFI ECUs, combined ISG+EFI ECUs, MCUs for electric vehicles, and electric machines (magnetos/motors). It serves mobility (2W/3W ICE and EV) and generator segments with a focus on innovation, patented sensor-less technology, and high reliability. As of December 31, 2025, the company had 496 employees.

IPO Basic Details

Company NameSEDEMAC Mechatronics Limited
IPO TypeMainboard IPO
Price Band₹1287 – ₹1352
Lot Size11
Total Issue Size₹1,087.35 Cr (80,43,300 shares)

IPO Strengths & Risks

Strengths

  • First-to-market advantage in sensor-less ISG ECUs in India
  • Patented sensor-less motor control technology
  • Strong R&D capabilities and innovation focus
  • Synergy across ICE and EV markets
  • Agility and ability to build fresh propositions

Risks

  • High dependence on automotive sector (especially 2W/3W)
  • Technological changes and competition
  • Regulatory changes in emission and EV norms

IPO Important Dates

IPO Open Date04 Mar 2026
IPO Close Date06 Mar 2026
Basis of Allotment09 Mar 2026
Refund Initiation10 Mar 2026
Demat Credit Date10 Mar 2026
Listing Date11 Mar 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – -

Investor Reservation

QIB Quota50% (incl. Anchor)
Retail Quota35%
HNI Quota15%
Employee QuotaUp to 8,169 shares with ₹128 discount
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum1 lot11₹14,872
Retail Maximum13 lots143₹1,93,336
S-HNI Minimum14 lots154₹2,08,208
S-HNI Maximum---
B-HNI Minimum67 lots737₹9,96,424

Key Performance Indicators (KPI)

ROE20.03% (Dec 31, 2025) / 22.01% (Mar 31, 2025)
ROCE32.52% (Dec 31, 2025) / 33.79% (Mar 31, 2025)
RoNW-
PAT Margin9.28% (Dec 31, 2025) / 7.15% (Mar 31, 2025)
EBITDA Margin20.90% (Dec 31, 2025) / 19.00% (Mar 31, 2025)
EPS₹21.59 (post-issue)
NAV per share-
Debt to Equity0.17 (Dec 31, 2025) / 0.21 (Mar 31, 2025)
P/E Ratio62.63x (post-issue)
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
31 Mar 2023₹429.87 Cr₹429.87 Cr₹8.57 Cr₹54.24 Cr₹N/AN/A
31 Mar 2024₹535.90 Cr₹535.90 Cr₹5.88 Cr₹83.12 CrN/AN/A
31 Mar 2025₹662.54 Cr₹662.54 Cr₹47.05 Cr₹125.07 CrN/AN/A
31 Dec 2025₹775.31 Cr₹775.31 Cr₹71.50 Cr₹161.07 CrN/AN/A

Grey Market Premium

GMP Price₹0 to ₹50 (varied reports; final GMP near ₹0 to ₹20)
Kostak RateN/A
Subject to SaudaN/A
Last UpdatedMar 2026
Estimated Listing Price₹1,352 – ₹1,402

IPO Subscription Data

Total Subscription2.68x (final on 06 Mar 2026)
QIB (Ex Anchor)8.46x
HNI Subscription0.77x
Retail Subscription0.20x
Anchor-

IPO Intermediaries

Registrar: MUFG Intime India Pvt. Ltd.

Registrar Website: https://in.mpms.mufg.com

IPO Lead Manager(s)

ICICI Securities Ltd.

Company Information

Address: Survey No. 270/1/A/2, Pallod Farms, Baner Road, Baner, Pune, Maharashtra 411045

Website: https://www.sedemac.com

Email: cs@sedemac.com

Phone: +91 20 6715 7200

IPO Documents

Explore More Investment Opportunities

Discover IPOs, unlisted shares, and broker comparison tools curated for smart investors.