SEDEMAC Mechatronics Lists at ₹1,535 on NSE, 13.54% Premium to IPO Price

SEDEMAC Mechatronics IPO Listing: Strong Debut in Indian Stock Market

Key Statistics

• Listing Price (NSE): ₹1,535 per share
• Premium (NSE): 13.54% from issue price
• Listing Price (BSE): ₹1,510 per share
• Premium (BSE): 11.69% from issue price
• IPO Subscription Status: 2.68 times subscribed
• Retail Subscription: 0.20 times subscribed
• NII Subscription: 0.77 times subscribed
• QIB Subscription: 8.46 times subscribed

IPO Details

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• Issue Period: March 4 - March 6
• Basis of Allotment: Finalised on March 9
• Funds Mobilised: ₹1,087.45 crore
• Issue Size: 80.43 lakh equity shares
• Price Band: ₹1,287 - ₹1,352 per share
• Offer for Sale (OFS): Entirely an offer for sale by existing promoters and shareholders
• Lot Size: 11 shares
• Minimum Investment: ₹14,872 at the upper end of the price band

Company Overview

• Company Name: SEDEMAC Mechatronics
• Founding Date: 2007
• Headquarters: Pune, India
• Business Segment: Control electronics
• Products: Powertrain controllers, motor control products, and integrated starter-generator solutions
• Key Technology: Patented sensor-less motor control technology
• Collaborations: Original equipment manufacturers (OEMs)
• Notable Achievement: First in India to develop, design, and manufacture sensorless commutation (SLC)-based integrated starter generator (ISG) electronic control units (ECUs) for internal combustion engine (ICE) powered two-wheeler and three-wheeler vehicles.