SEDEMAC Mechatronics IPO: Issue receives tepid response on Day 01, subscribed 0.27 times
SEDEMAC Mechatronics IPO in focus: The initial public offering (IPO) of SEDEMAC Mechatronics, an auto auxiliary company, which opened for subscription today, March 04, received a modest response from investors. By the end of the day, the issue was subscribed to just 0.27 times, with 15.01 lakh shares bid for against the 56.32 lakh shares…