SEDEMAC Mechatronics IPO opens March 4: Check price band, lot size, objectives and key dates

SEDEMAC Mechatronics IPO: The initial public offering of control intensive products manufacturer SEDEMAC Mechatronics will open for subscription on March 4. The issue will end on March 6. The company has fixed the price band of ₹1,287 to ₹1,352 per share.

The ₹1,087.45 crore initial share sale is exclusively an offer for sale of 80.43 lakh shares. There is no fresh issue component.

Under the OFS, promoters Manish Sharma and Ashwini Amit Dixit, along with investors such as Mace Private Limited, A91 Emerging Fund II LLP, Xponentia Opportunities Fund II, NRJN Family Trust (represented by Entrust Family Office Legal & Trusteeship Services Private Limited), 360 One Monopolistic Market Intermediaries Fund, 360 One Special Opportunities Fund – Series 8, Xponentia Opportunities and HDFC Life Insurance Company will offload their stake.

"Our company expects that listing of the equity shares will enhance our visibility and brand image as well as provide a public market for the equity shares in India," the firm said in its red herring prospectus.

SEDEMAC Mechatronics IPO: Lot size

A lot consists of 11 shares. Half of the net offer is set aside for qualified institutional buyers, 35% for retail individual investors and 15% for non-institutional investors.

SEDEMAC Mechatronics IPO: Allotment and listing date

About SEDEMAC Mechatronics

SEDEMAC Mechatronics is a supplier of control-intensive, critical-to-the-application electronic control units, or ECUs, to leading original equipment manufacturers (OEMs) in the mobility and industrial markets in India, Europe and the United States. It is the first domestic company to develop, design and make sensorless commutation-based integrated starter generators ECUs for 3-wheelers and two-wheeler internal combustion engine-powered vehicles. It is also a market leader in India for genset controllers with an estimated market share of 75% to 77% during the nine months ended December 2025.