SEDEMAC Mechatronics IPO: Check IPO Date, Live Subscription and Key Details
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 manufacture Sensorless Commutation (SLC) based Integrated Starter Generator (ISG) ECUs for 2W and 3W internal combustion engine vehicles. Its product portfolio includes EFI ECUs, combined ISG+EFI ECUs, and motor controllers for electric vehicles. SEDEMAC focuses on innovation through patented technology, serving major global OEMs in the engine-powered and electric mobility sectors.
Price Range
₹1287.0 - ₹1352.0
Issue Size
₹1,087.45 Cr
Lot Size
11 shares
IPO Type
Mainboard
GMP
₹2(+0.15%)
Est. Listing Price
₹1,354
Estimate Profit
₹22
Retail Portion
35%
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
15.61
P/E Ratio
86.61
RoNW
15.48%
ROE
22.01%
Debt to Equity
0.21
Advertisement
Timeline
IPO Opens
4 Mar
IPO Closes
6 Mar
Allotment
9 Mar
Listing
11 Mar
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 4 March 2026 | Subscription starts |
| IPO Close Date | 6 March 2026 | Subscription ends |
| Allotment Date | 9 March 2026 | Allotment |
| Listing Date | 11 March 2026 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
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
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 50% |
| NII (Non-Institutional Investor) | 15% |
| SHNI (Small Non-Institutional Investor) | 5% |
| BHNI (Big Non-Institutional Investor) | 10% |
| Retail | 35% |
| Total | 100.00% |
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.
Advertisement
Financial Performance
| Period Ended | 31 Dec 2025 (9M) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 676.01 | 491.16 | 402.24 | 331.28 |
| Revenue (₹ Cr.) | 775.31 | 662.54 | 535.9 | 429.87 |
| PAT (₹ Cr.) | 71.5 | 47.05 | 5.88 | 8.57 |
| Net Worth (₹ Cr.) | 411.23 | 303.88 | 124.43 | 115.22 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|
Subscription Details
No daily bids available.
No subscription statistics available.
Advertisement
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
- MUFG Intime India Pvt.Ltd.
- +91-22-4918 6270
- sedemac.ipo@in.mpms.mufg.com
- https://in.mpms.mufg.com/
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%.
Loading comments...