Sedemac Mechatronics IPO subscribed 2.7x on final day; GMP falls sharply. Check details

Buzz line15 hours ago04 mins

The initial public offering (IPO) of Sedemac Mechatronics Ltd, a Pune-based manufacturer of powertrain controls and auto parts, managed to get fully subscribed on Friday, March 6 — the last and final day of bidding — amid strong demand from institutional investors. The offer was booked 46% at the end of the second day. According…

Sedemac Mechatronics IPO: Opportunity to bet even today, how is the subscription on the second day; What could be the listing gain? – market

Buzz line2 days ago01 mins

Sedemac Mechatronics IPO GMP Subscription Day 2: The subscription window of Pune’s tech company Sedamec Mechatronics IPO has opened and today i.e. Thursday is the second day of subscription. This IPO is a book build issue of Rs 1087.45 crore, which is entirely an offer for sale of 0.80 crore shares. Source

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Sedemac Mechatronics IPO subscribed 2.7x on final day; GMP falls sharply. Check details