SEDEMAC Mechatronics IPO Allotment Date Expected Today: Online Share Status Check Process

SEDEMAC Mechatronics IPO Allotment Date Finalized

Key Details:

SEDEMAC Mechatronics is set to list on both the NSE and BSE on Wednesday, March 11, 2025, following a successful initial public offering (IPO).
The IPO allotment date, March 9, 2025, has been finalized, with 80,43,300 equity shares being offered by existing shareholders.
The IPO price band is set at ₹1,287 to ₹1,352 per share, valuing the company at ₹6,000 crore at the upper end of the band.

IPO Subscription Status:

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The IPO was subscribed 2.68 times by end of Day 3, with the QIB portion receiving 8.46 times bids.
The retail portion and NII portion were subscribed 0.20 times and 0.77 times, respectively.
The company received bids for 1.51 crore shares against 56.32 lakh shares on offer.

Allotment Status:

Investors can check the SEDEMAC Mechatronics IPO allotment status online through the BSE website or MUFG Intime India, the registrar to the issue.
To access the allotment status, follow the steps outlined below:
1. Visit the BSE allotment status page on its website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx
2. Select 'Equity' and choose 'SEDEMAC Mechatronics' from the Issue Name dropdown menu
3. Enter your PAN and Application Number
4. Click on Submit
5. Your SEDEMAC Mechatronics IPO allotment status will be displayed on the screen.

SEDEMAC Mechatronics IPO GMP:

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The company's shares are showing moderate activity in the grey market, with a ₹13 per share premium.
Based on this premium, the stock is estimated to list at around ₹1365 apiece, reflecting a 0.96% gain over the IPO price.

IPO Management:

The IPO is being managed by ICICI Securities, Avendus Capital, and Axis Capital, which are acting as the book-running lead managers for the issue.

Investor Takeaway