IPO opens March 4–6 at ₹1,287–₹1,352 per share — here's the GMP, allotment timeline, financials, and valuation breakdown.
Team Sahi
SEDEMAC Mechatronics opened its IPO on March 4, 2026, with the subscription window closing on March 6. SEDEMAC Mechatronics, headquartered in Pune, works in the field of control electronics and is looking to raise ₹1,087.45 crore from the listing.
The company builds the electronics that tell engines when to start, manage fuel delivery, and run electric motors across two-wheelers, three-wheelers, EVs, and gensets. You've probably never seen their name on a product, but if you've ridden a two-wheeler or run a backup generator lately, there's a decent chance their components were quietly doing their job inside it.
The company sits in a niche but increasingly critical corner of the automotive electronics space. Here's a breakdown of the IPO details, how the financials stack up, and where the grey market premium (GMP) stands right now.
The SEDEMAC Mechatronics IPO is a book-built issue worth ₹1,087.45 crore. The entire issue consists of an Offer for Sale (OFS) of about 0.80 crore shares, meaning the proceeds will go to existing shareholders selling their stake rather than to the company itself.
The price band for the IPO has been fixed at ₹1,287 to ₹1,352 per share, and the shares are expected to list on both BSE and NSE.
Important dates for the issue include:
| Event | Date |
|---|---|
| IPO Opens | March 4, 2026 |
| IPO Closes | March 6, 2026 |
| Allotment Expected | March 9, 2026 |
| Tentative Listing | March 11, 2026 |
Retail investors can apply for a minimum lot size of 11 shares, which requires a minimum investment of ₹14,872 at the upper price band of ₹1,352.
SEDEMAC Mechatronics Ltd., incorporated in 2007, is a technology company headquartered in Pune that specialises in control electronics and powertrain systems.
Its product portfolio includes:
These systems are used in engine-powered two-wheelers and three-wheelers, electric scooters, e-rickshaws, small electric vehicles, commercial vehicles, and generator applications.
The company has also developed sensorless motor control technology, which allows motors to operate precisely without external sensors. SEDEMAC states that it was the first company in India to design and manufacture sensorless commutation-based integrated starter generator ECUs for two- and three-wheeler internal combustion engine vehicles.
SEDEMAC Mechatronics has reported steady growth in revenue and profitability over the past few years.
| Financial Metric | 9 Months Ended Dec 31, 2025 | FY Ending Mar 31, 2025 | FY Ending Mar 31, 2024 |
|---|---|---|---|
| Total Income | ₹775.31 crore | ₹662.54 crore | ₹535.90 crore |
| Profit After Tax (PAT) | ₹71.50 crore | ₹47.05 crore | ₹5.88 crore |
| EBITDA | ₹161.07 crore | ₹125.07 crore | ₹83.12 crore |
Return ratios remain relatively strong, with ROE around 20% and ROCE above 32% in recent reporting periods.
As of March 5, 2026, 03:30 PM, the Grey Market Premium (GMP) for the SEDEMAC Mechatronics IPO is around *₹35 per share.
Based on the upper price band of ₹1,352, the estimated listing price implied by the grey market is about ₹1,387, suggesting a premium of roughly 2.6%.
* Grey market premiums are unofficial indicators and may change frequently during the IPO subscription period.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult a SEBI-registered advisor before making investment decisions.
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