1. IPO
SEDEMAC Mechatronics IPO

0.27x

subscribed

SEDEMAC Mechatronics IPO

Electric Equipment
open
₹14,157Min. investment
  1. Pre-apply
    2 Mar
  2. Bid start
    4 Mar
  3. Bid end
    6 Mar
  4. Allotment
    9 Mar
  5. Release of funds
    10 Mar
  6. Demat transfer
    10 Mar
  7. Listing
    11 Mar

SEDEMAC Mechatronics Limited IPO Details

SectorElectric Equipment
Price range₹1,287 – ₹1,352
IPO type
Regular
Lot size11 shares
Issue size₹1,087Cr
Red Herring Prospectus
Read
Market Cap
₹5,970CrLower than sector avg
RevenueApr 20NaN - Mar 20FY
₹658.36CrLower than sector avg
Growth rate3Y CAGR
24.75%

SEDEMAC Mechatronics Limited IPO Overview

Sedemac Mechatronics Limited IPO date

Sedemac Mechatronics IPO will open for subscription on March 04, 2026, and the closing date for the IPO is March 06, 2026. After this, investors are expected to be updated about the allotment status on March 09, 2026.

Investors who have been allotted shares can expect them to be credited to their demat account on March 10, 2026. The shares will be listed on the NSE and the BSE on Wednesday, March 11, 2026.

Sedemac Mechatronics Limited IPO price band

Sedemac Mechatronics IPO is a complete offer-for-sale. The IPO price band has been set between ₹1,287 and ₹1,352 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising an offer for sale of ₹1,087.00 crore only. Sedemac Mechatronics IPO listing price will be determined on March 11, 2026. The listing price is the price at which a company’s shares debut on the stock exchanges.

Sedemac Mechatronics Limited IPO lot size

Sedemac Mechatronics Limited IPO details have been declared. The minimum lot size for an application is 11 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹1,087 crore.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹658.36Cr
This sector
₹1,165.91Cr
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PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹47.05Cr
This sector
₹116.9Cr
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Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹5,970Cr
This sector
₹10,304.95Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
123.69
This sector
99.84
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D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.21
This sector
0.59
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Objectives

Carry out the offer for sale
The ₹1,087 cr IPO is fully an offer-for-sale; proceeds go to sellers
Listing on stock exchanges
Achieve the benefits of listing the equity shares on the Stock exchanges.

Strength and Weakness

Differentiated technologies

The company established itself as the first market player to introduce vital SLC motor control and SmartIgn technologies. Its solutions have been widely adopted through the installation of sensor-less ISG systems, which have been deployed in 92 lakh vehicles worldwide. It established switching barriers that prevented OEMs from switching their services to other providers while establishing strong market entry barriers.

Strong in-house design and engineering capabilities

The company has strong in-house design and engineering capabilities, which enable it to operate throughout all its business activities. The company can develop products at a faster pace because it handles all steps of the process from design to manufacturing, and it can easily tailor products to meet customer needs. The engineering team consists of 244 members on December 31 2025, with 64.75% of the team members coming from IITs, NITs and BITS, which provides strong technical expertise.

Proven ability to scale products across markets

The organisation has demonstrated its capability to expand its products into extensive market territories. The company successfully expanded its technology across different business sectors, which include both mobility and industrial domains. The SmartIgn platform has been used in 436 lakhs vehicles while genset controllers have been installed in approximately 1 million systems.

Strong quality systems

The company maintains high product reliability for critical applications through its validation methods and quality assurance processes. The company maintains low warranty costs, which stay at 0.20% of sales for FY25 and 0.31% of sales for 9MFY26, because their products function according to expectations. The company concentrates on monitoring operations through traceability.

About SEDEMAC Mechatronics Limited

Sedemac Mechatronics operates as a Tier-1 supplier of electronic controllers and mechatronic systems that are used in vehicle and industrial equipment. The company started its business in 2007 from a laboratory and has developed into a technology-focused manufacturing organization which provides product development services to original equipment manufacturer (OEM) clients who use the company’s products in multiple stages of product development.
The company operates through two segments: Mobility and Industrial. It offers Integrated Starter Generator (ISG) ECUs and Electronic Fuel Injection (EFI) ECUs, and combined ISG+EFI ECUs and Motor Control Units (MCUs) for electric vehicles and electric machines, which include magnetos and motors designed for engine-powered and electric 2/3 wheelers and Genset Controllers (GCs) as its primary product range. The company has experienced rapid expansion in its EV MCU market, shipping 45,731 EV MCUs during 9MFY26 after only shipping 786 units in FY23. Sedemac Mechatronics is also developing new business lines, which include power tools, outdoor equipment and commercial vehicle after-treatment controllers.
Sedemac Mechatronics sold over 92 Lakhs ECUs between FY18 and 9MFY26. The company held approximately 35% domestic market share in ISG ECUs for 2 / 3 wheelers as of 9MFY26, which positioned it among the top four market competitors. The company functions as the leading genset controller manufacturer in India through its industrial division, which achieved approximately 75% to 77% market share from October 2022 to December 2025 while maintaining 14% global market share in genset controllers and EFI ECUs for gensets during FY25.
The company launched integrated electronic governing (eGov) technology in India during 2014, and more than 2,50,000 generator sets had this feature as of December 31 2025. The company has delivered over 15 lakhs components to the global genset market as of that date.
The company creates all its hardware components together with base software, application software and mechanical systems. It has been granted 12 patents across India, the USA, China, the EU, Japan and Vietnam, while it has submitted 11 additional patent applications in India. The company holds 6 trademarks that are registered in India.
Sedemac Mechatronics operates two technical centres together with two manufacturing facilities that are located in Pune and is currently constructing its third facility, which will cover 80,000 sq ft, while its fourth facility for electric motor production is under development at Chakan. Manufacturing capacity at MF1 increased from 24.7 lakhs equivalent ISG ECUs as of March 31, 2023, to 39.9 lakhs as of March 31, 2025, and capacity utilisation reached 93.39% for 9MFY26.
The company's main clients include TVS Motor Company, Bajaj Auto, Kirloskar Oil Engines, Briggs & Stratton, DEIF and Cummins India. TVS Motor accounted for 75.48% of revenue during 9MFY26 and 80.46% in FY25. The company obtains approximately 43% to 54% of its revenue through imported raw materials.
The ISG (Integrated Starter Generators) market will expand from its current value of approximately ₹116,720 lakhs in FY26 YTD to between ₹300,000 lakhs and ₹310,000 lakhs by FY31 at a CAGR of 13 to 15% due to improved starting performance and advantages from hybridisation. The EV market presents a much greater opportunity because motor controller markets are expected to experience a CAGR of 44% to 46%, which will increase their current market size of ₹69,203 lakhs in FY25 to a range between ₹440,000 lakh to ₹450,000 lakh by FY30. The genset controller demand is also rising due to stricter CPCB IV+ emission norms and the shift toward gas and hybrid generators. The domestic EFI ECU genset market will reach almost 2x its present size by FY30.
The company's addressable market expands because the company offers three core products: ECUs, motor controllers, and integrated systems, which include both electric vehicles and hybridisation and emissions compliance solutions. The company reduces its dependency on economic cycles through its expansion into non-automotive markets, which include gensets and industrial applications. The company also benefits from this strategy because it enables better long-term growth forecasting.
Now, SEDEMAC Mechatronics is launching its initial public offering (IPO), which is a complete offer-for-sale of ₹1,087 crore. Its shares will be listed on the NSE and BSE.

How to pre-apply for the SEDEMAC Mechatronics IPO?

You can pre-apply for the SEDEMAC Mechatronics IPO on Upstox. The pre-application for this IPO, which means the pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
  • Login to your Upstox account, using your six-digit PIN
  • After successfully logging in, click on ‘Discover’
  • On the Discover tab, you will find the ‘Invest in IPO’ section
  • Under the Invest in IPO section, look for the ‘SEDEMAC Mechatronics IPO’ tab and click on it
  • Now fill in all the required information, like ‘bid price’ and ‘lot size’
  • Confirm and click on ‘Pre-Apply’
  • Accept the mandate on your UPI app

How to apply for the SEDEMAC Mechatronics IPO?

If you are interested in this investment opportunity but unsure how to apply for the SEDEMAC Mechatronics IPO, here are the steps that you need to follow.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the SEDEMAC Mechatronics IPO on Upstox:
  • Log in to your Upstox account, using your six-digit PIN
  • After logging in, click on ‘Discover’
  • On the ‘Discover’ tab, you will find the ‘Invest in IPO’ section
  • Under the Invest in IPO section, look for the ‘SEDEMAC Mechatronics IPO’ tab and click on it
  • Now fill in all the required information, like ‘bid price’ and ‘lot size’
  • Confirm and click on ‘Apply’
  • Accept the mandate on your UPI app

How to check SEDEMAC Mechatronics IPO Allotment Status?

When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally completed on the next working day after an IPO closes.
Here’s a step-by-step guide on how to check the SEDEMAC Mechatronics IPO allotment status:
  • Login to your Upstox account, using your six-digit PIN
  • After logging in, click on ‘Discover’
  • On the ‘Discover’ page, you will find the ‘Invest in IPO’ section
  • Under the Invest in IPO section, you will find the ‘View all’ option
  • Once you click on ‘View all’, you will be directed to the ‘IPO’ tab
  • In the ‘IPO’ tab, click on ‘My applications’
  • In ‘My applications’, under the History section, your SEDEMAC Mechatronics IPO allotment status will be mentioned.

IPO Analysis

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SEDEMAC Mechatronics IPO Subscription Status

Date
QIB
NII
Retail
Total
04-Mar-26
0.87 times (X)
0.01 times (X)
0.03 times (X)
0.27 times (X)

Frequently asked questions

How to invest in the SEDEMAC Mechatronics IPO ?

Investors can apply for the SEDEMAC Mechatronics IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of SEDEMAC Mechatronics IPO ?

The issue size of the SEDEMAC Mechatronics IPO is 1087 Cr.

What is 'pre-apply' for SEDEMAC Mechatronics IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will SEDEMAC Mechatronics IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Bidding closes on 6 Mar 2026, 5:00 PM