SEDEMAC Mechatronics IPO: This IPO can be subscribed till 6 March 2026.
highlights
SEDEMAC Mechatronics IPO is opening on the day of Holi i.e. 4th March.
The company has fixed its price band at Rs 1,287 to Rs 1,352 per share.
This issue will be available for investment till 6 March 2026.
The company has fixed its price band at Rs 1,287 to Rs 1,352 per share. This Rs 1,087.45 crore issue is entirely an offer for sale (OFS), in which 80.43 lakh shares will be sold. This does not include fresh issues. Anchor investors will be able to bid on March 2. The gray market premium of this IPO has reached 10 percent, which is better than the recent IPOs.
Key date for IPO
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Open date: 4 March 2026
Closing date : 6 March 2026
Share allotment date: 9 March 2026
Refund Date : 10 March 2026
Listing Date : 11 March 2026
OFS: Who will sell their shares?
Under the offer for sale, promoters Manish Sharma and Ashwini Amit Dixit, along with several other investors will put the shares up for sale. These include Mace Private Limited, A91 Emerging Fund II LLP, Xponentia Opportunities Fund II, NRJN Family Trust, 360 One Monopolistic Market Intermediaries Fund, 360 One Special Opportunities Fund – Series 8,
The company has said in its Red Herring Prospectus that we hope that the listing of the shares will enhance our identity and brand image and will provide a public market for these shares in India.
SEDEMAC Mechatronics IPO: Lot Size
There will be 11 shares in one lot. Half of the net offer is reserved for qualified institutional buyers (QIBs), 35% for retail investors and 15% for non-institutional investors (NIIs).
Investor Category and Reserve Portion
QIB (Qualified Institutional Buyers): 50%, 40,17,565 shares
NII (Non Institutional Investors): 15%, 12,05,270 shares
Retail Investor: 35%, 28,12,296 shares
For Employees: 8,170 shares
About SEDEMAC Mechatronics
SEDEMAC Mechatronics is a manufacturer of control-intensive electronic control units, supplying to leading Original Equipment Manufacturers in India, Europe and the USA. It is the first domestic company in India to develop, design and manufacture sensorless commutation-based integrated starter generator ECUs for three wheeler and two wheeler engine vehicles.
The company is also the market leader in genset controllers in India, with an estimated market share of 75%–77% by December 2025.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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