SEDEMAC Mechatronics IPO Update: Day Three Analysis of GMP and Subscription Status

SEDEMAC Mechatronics IPO Update

IPO Details

The initial public offering (IPO) of SEDEMAC Mechatronics Ltd is set to close on 6 March 2026, after opening on 4 March 2026. The public issue aims to raise ₹1,087 crore through the Offer for Sale (OFS) route, with a price band of ₹1287 to ₹1352 per equity share.

Subscription Status

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As of 10:12 AM on the third day of bidding, the public issue has been booked 0.50 times, with the retail portion subscribed 0.11 times, the Non-Institutional Investor (NII) segment filled 0.27 times, and the Qualified Institutional Buyer (QIB) segment subscribed 1.36 times.

Grey Market Premium

The grey market is signalling a discount of ₹5 for SEDEMAC Mechatronics' IPO listing, as the Grey Market Premium (GMP) today is minus ₹5.

Brokerage Reviews

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Ventura Securities has assigned an ‘apply’ tag to the public issue, highlighting SEDEMAC's design-to-delivery model and its end-to-end development of electronic control units (ECUs). Sushil Finance and SBI Capital Securities have assigned a ‘subscribe’ tag to the public issue, while Swastika Investmart has assigned an ‘avoid’ tag.

IPO Allotment and Listing Dates

The most likely SEDEMAC Mechatronics IPO allotment date is 7 March 2026, with a possible delay due to Saturday. The finalisation of share allotment may be delayed until 9 March 2026. The most likely SEDEMAC Mechatronics IPO listing date is 11 March 2026.