SEDEMAC Mechatronics IPO

SEDEMAC Mechatronics IPO

Listed

MainboardOpens 4 March 2026Closes 6 March 2026

SEDEMAC Mechatronics Ltd, established in 2007, is a Pune-based technology leader specializing in control electronics for automotive and industrial applications. The company is the first in India to design and…

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Live GMPSubscriptionAllotment
Price band
₹1287 - ₹1352
Issue size
₹1,087.45 Cr
Lot size
11 shares
Type
Mainboard
GMP
₹0 (0.0%)
Est. listing
₹1,352
Est. profit / app
—
Retail quota
35%

Key ratios

As per RHP / filings
Face value
₹10
EPS
15.61
P/E ratio
86.61
RoNW
15.48%
ROE
22.01%
Debt / Equity
0.21
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Timeline

IPO Opens

4 Mar

IPO Closes

6 Mar

Allotment

9 Mar

Listing

11 Mar

IPO Timeline & Listing Details

EventDate
IPO Open Date4 March 2026
IPO Close Date6 March 2026
Allotment Date9 March 2026
Listing Date11 March 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,872
Retail (Max)Just less than ₹2,00,000
13₹1,93,336
SHNI (Min)Just above ₹2,00,000
14₹2,08,208
SHNI (Max)Below ₹10,00,000
67₹9,96,424
BHNIAbove ₹10,00,000
68₹10,11,296

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50%
NII (Non-Institutional Investor)15%
SHNI (Small Non-Institutional Investor)5%
BHNI (Big Non-Institutional Investor)10%
Retail35%
Total100.00%

IPO Objectives

    Strengths

    • The company holds a First-to-Market Advantage as a pioneer in SLC-based ISG ECUs specifically for India's 2W and 3W automotive markets.
    • It possesses a Deep Technological Moat through patented sensor-less motor control technologies that provide high precision without the need for external sensors.
    • The business maintains Marquee OEM Relationships, working closely with major automotive manufacturers on critical powertrain components.
    • It has demonstrated Robust Financial Growth, with revenue increasing by ~24% and a significant 699% jump in PAT between FY24 and FY25, highlighting high operating leverage.
    • The company exhibits Strong Capital Efficiency, achieving a healthy RoCE of 33.79% and an RoE of 22.01% in FY25.
    • It benefits from a Diversified Product Mix, offering technical solutions for both Internal Combustion Engine (ICE) and Electric Vehicle (EV) mobility sectors.

    Weaknesses

    • The IPO is a Pure Offer for Sale (OFS), meaning the company will not receive fresh capital for growth as all proceeds go to the selling shareholders.
    • The High Valuation with a post-issue P/E of 86.61x is aggressive compared to industry peers like Talbros (16.5x) or Automotive Axles (19.3x).
    • There is a significant Concentration Risk due to heavy reliance on the 2W and 3W segments, which are highly sensitive to economic cycles and policy shifts.
    • The business faces EV Transition Risk, as a rapid market shift away from ICE vehicles could negatively impact its legacy ISG and EFI ECU revenue streams.
    • The Employee Discount (₹128 per share) is high, which may lead to immediate post-listing selling pressure and impact short-term stock performance.
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    Financial Performance

    Period Ended31 Dec 2025 (9M)31 Mar 202531 Mar 202431 Mar 2023
    Assets (₹ Cr.)676.01491.16402.24331.28
    Revenue (₹ Cr.)775.31662.54535.9429.87
    PAT (₹ Cr.)71.547.055.888.57
    Net Worth (₹ Cr.)411.23303.88124.43115.22

    Peer Comparison

    CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)

    Subscription Details

    Daily Bids Status

    CategoryDay 1Day 2Day 3
    QIB0.87x1.27x8.46x
    NII0.01x0.25x0.77x
    S-HNI0.01x0.11x0.53x
    B-HNI0x0.32x0.89x
    RII0.03x0.09x0.2x
    EMP0.62x1.59x2.95x
    Total0.27x0.46x2.68x

    Overall Subscription Statistics

    CategoryShares OfferedShares BidBid Amount (₹ Cr)
    QIB16,07,1641,35,94,5371,837.98
    NII12,05,2709,30,677125.83
    Small NII4,01,7572,12,90528.78
    Big NII8,03,5137,17,77297.04
    RII28,12,2965,65,25776.42
    EMP8,17024,1123.26
    Total56,32,9001,51,14,5832,043.49
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    Company Details

    • SEDEMAC Mechatronics Ltd.
    • Survey No. 270/1/A/2, Pallod Farms Baner Road, Baner, Pune, Maharashtra, 411045
    • +91 20 6715 7200
    • cs@sedemac.com
    • https://www.sedemac.com/

    Registrar Details

    Frequently Asked Questions

    What is the core technology of SEDEMAC Mechatronics?
    SEDEMAC specializes in Sensorless motor control and powertrain controllers, primarily for 2-wheelers and 3-wheelers, removing the need for external sensors and improving reliability.
    When does the SEDEMAC Mechatronics IPO open and close?
    The IPO opens for subscription on March 4, 2026, and closes on March 6, 2026.
    What is the IPO price band and minimum investment?
    The price band is fixed at ₹1,287 to ₹1,352 per share. A retail investor needs to apply for a minimum of 1 lot (11 shares), requiring an investment of ₹14,872.
    Is there a discount for employees in the SEDEMAC IPO?
    Yes, eligible employees are offered a discount of ₹128 per share on the final offer price.
    Where will the shares be listed and what is the tentative date?
    The shares will list on both the BSE and NSE with a tentative listing date of March 11, 2026.
    What are the key financial highlights for the company?
    The company showed a massive jump in profitability in FY25, with PAT rising from ₹5.88 Cr in FY24 to ₹47.05 Cr in FY25, supported by a strong EBITDA margin of 19%.

    SEDEMAC Mechatronics IPO News & Updates

    Follow the latest updates for SEDEMAC Mechatronics IPO, including grey market moves and allotment news.

    SEDEMAC Mechatronics IPO IPO Pages

    Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

    SEDEMAC Mechatronics IPO Details

    Issue size, price, financials, and company info

    SEDEMAC Mechatronics IPO GMP

    Live grey market premium and listing estimate

    SEDEMAC Mechatronics IPO Subscription

    QIB, NII, Retail, SHNI and BHNI subscription

    SEDEMAC Mechatronics IPO Allotment

    Allotment date, chances, and check by PAN

    SEDEMAC Mechatronics IPO Review

    SWOT, strengths, risks, and IPO review

    SEDEMAC Mechatronics IPO FAQ

    Common questions on dates, GMP, and allotment

    SEDEMAC Mechatronics IPO Registrar

    Registrar website and how to check allotment

    SEDEMAC Mechatronics IPO Timeline

    Open, close, allotment, and listing dates

    SEDEMAC Mechatronics IPO News

    Updates, blogs, and latest IPO news

    Sources

    We match SEDEMAC Mechatronics IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

    • SEBIRules for IPO allotment and disclosures in India
    • NSEExchange notices, bidding data, and listing updates
    • BSEExchange notices and IPO allotment check tools
    • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
    • MUFG Intime India Pvt.Ltd.Official site to check allotment status for this IPO

    Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.

    Reviewed by

    Dinesh Agrawal · Lead IPO Analyst

    15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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