SEDEMAC Mechatronics IPO Details

IPO Price Band: The SEDEMAC Mechatronics Limited IPO price band has been fixed at ₹1,287 to ₹1,352 per equity share with a face value of ₹10 each.

IPO Schedule: The IPO subscription is scheduled to take place from Wednesday, March 4 to Friday, March 6. The allocation to anchor investors is scheduled for Monday, March 2.

Lot Size and Allocation: The IPO lot size is 11 equity shares, with multiples of 11 equity shares thereafter. The company has reserved not more than 50% of the shares for Qualified Institutional Buyers (QIB), not less than 15% for Non-Institutional Investors (NII), and not less than 35% for Retail Investors. Additionally, ₹1 crore worth of equity shares have been reserved for employees.

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IPO Details

The IPO consists solely of an Offer for Sale (OFS) of 80.43 lakh equity shares, without any component of a fresh issue. The selling shareholders include promoters Manish Sharma and Ashwini Amit Dixit, along with seven investors such as A91 Emerging Fund, NRJN Family Trust, Xponentia Opportunities Fund, and 360 ONE.

Company Profile

SEDEMAC Mechatronics is a deeptech company established in 2007-08 by Professor Shashikanth Suryanarayanan and his students at IIT Bombay. The company provides electronic control units (ECUs) essential for both automotive and industrial uses, utilized by major original equipment manufacturers (OEMs) in India and international markets.

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Financial Performance

The company's operational revenue has increased from ₹423.03 crore in FY23 to ₹530.65 crore in FY24, and further to ₹658.36 crore in FY25. The profit was recorded at ₹8.57 crore in FY23, decreased to ₹5.88 crore in FY24, and then surged to ₹47.05 crore in FY25. For the quarter ending June 30, 2025, the company announced a revenue of ₹217.36 crore and a profit of ₹17.07 crore.