Sedemac Mechatronics Secures Rs 326 Crore Pre-IPO Funding from 23 Anchor Investors

Sedemac Mechatronics Raises ₹325.88 Crore from Anchor Investors Ahead of ₹1,087-Crore IPO

On March 2, Sedemac Mechatronics, a Pune-based control-intensive components maker, completed the allocation of ₹325.88 crore to 23 anchor investors ahead of its initial public offering (IPO). The company plans to open its ₹1,087-crore IPO for public subscription on March 4 and close on March 6.

The IPO price band has been fixed at ₹1,287-₹1,352 per share, comprising an entirely offer-for-sale (OFS) of 80.43 lakh equity shares by promoters and existing investors. Sedemac Mechatronics has finalized the allocation of 24.1 lakh shares to anchor investors at the upper end of the price band.

The allocation breakdown includes 16.41 lakh shares to 10 domestic mutual funds, including HDFC Asset Management Company, SBI Mutual Fund, ICICI Prudential AMC, and others. Marquee investors such as Goldman Sachs, Abu Dhabi Investment Authority, and Pinebridge Global Funds also participated in the anchor book.

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The company will not receive any proceeds from the IPO, as the entire issue is an offer-for-sale. The funds will be received by the selling shareholders, including Manish Sharma, A91 Emerging Fund, and Xponentia Opportunities Fund.

Sedemac Mechatronics manufactures control-intensive electronic control units (ECUs) to original equipment manufacturers (OEMs) in the mobility and industrial markets across India, the United States, and Europe. As of December 2025, the company had sold over 1 crore control-intensive products to the automotive and genset markets.

The company will finalize the IPO share allotment by March 9, with its shares expected to be available for trading on the BSE and NSE effective March 11. The merchant bankers managing the Sedemac Mechatronics IPO are ICICI Securities, Avendus Capital, and Axis Capital.