Sedemac Mechatronics IPO to open for subscription on March 4; price band, GMP, among 10 key things to know

Sedemac Mechatronics IPO to open for subscription on March 4.

• Sedemac Mechatronics IPO opens March 4, closes March 6.
• IPO price band set at Rs 1,287 to Rs 1,352 per share.
• IPO is an offer for sale of up to 80,43,300 equity shares.

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Sedemac Mechatronics initial public offer (IPO) will open for subscription in the primary market on March 4. The company's anchor book opened on Monday.

Here are the key things to know ahead of the issue opening on Wednesdday.

1) Anchor book: The powertrain controls and auto parts manufacturer garnered Rs 326 crore from anchor investors ahead of the launch of its initial public offering for public subscription.

2) Price band: The price band has been fixed at Rs 1,287 to Rs 1,352 per share, valuing the company at close to Rs 6,000 crore at the higher end.

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3) Issue size: The company's Rs 1,087-crore initial share-sale will open for public subscription on March 4 and conclude on March 6.

4) IPO GMP: According to platforms tracking the grey market activities, the shares of the company are commanding a flat GMP in the unofficial market.

5) IPO details: The IPO is entirely an offer for sale (OFS) of up to 80,43,300 equity shares by promoters Manish Sharma and Ashwini Amit Dixit and investors selling shareholders.

6) About the company: Pune-based Sedemac Mechatronics is a supplier of control-intensive, critical-to-the-application electronic control units (ECU) to original equipment manufacturers (OEM) in the mobility and industrial markets in India, the US, and Europe. It develops, designs and manufactures sensor-less commutation-based integrated starter generators ECUs for two-wheeler and three-wheeler internal combustion engine-powered vehicles. The company's customers included TVS Motor Company, Bajaj Auto, Kirloskar Oil Engines, Briggs and Stratton LLC, and DEIF India.

7) Key financial details: On the financial front, the company reported a revenue of Rs 217.35 crore and profit after tax (PAT) of Rs 17.07 crore as on June 30, 2025. It had posted a revenue of Rs 658.36 crore and PAT of Rs 47.04 crore in FY25.

8) Allotment date: Shares of the company are expected to be allotted by March 9.

9) Listing Date: Shares of the company are proposed to be listed on March 11.

10) The issue allocation includes 50 percent for qualified institutional buyers (QIBs), 35 percent for retail investor and 15 percent for non-institutional investors (NIIs).

(With inputs from PTI)

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