eyepio

SEDEMAC Mechatronics IPO

SEDEMAC Mechatronics Limited · Automotive and Industrial Electronics

ListedMainboardBSENSEBook built
Issue price
₹1,352per share
Issue size
₹1,087.35 Cr80,43,300 shares
Face value
₹10per equity share
Lot size
11 sharesMin. ₹14,872 at the upper price
  1. Anchor bidding
    Mon, 2026
  2. Opens
    Wed, 2026
  3. Closes
    Fri, 2026
  4. Allotment
    Mon, 2026
  5. Listing
    Wed, 2026

Dates marked in the offer document as tentative. Times in IST.

Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.

Issue details

Issue type
Book built, fresh issue and offer for sale
Fresh issue
—
Offer for sale
80,43,300 shares (₹1,087.35 Cr)
Total issue
80,43,300 shares (₹1,087.35 Cr)
Face value
₹10
Listing at
BSE, NSE
Promoter holding
26.43% → 26.18%

Source: ProspectusUpdated

Reservation

Share of the total issue
  • Retail35.0%
  • Anchor30.0%
  • QIB ex-anchor20.0%
  • Small NII10.0%
  • Big NII5.0%
  • Employees0.1%
CategorySharesOf net offerStated in RHP
Retail individual investors28,12,29634.96%35%
Non-institutional investors (NII)12,05,27014.98%15%
Small NII (₹2–10 lakh)8,03,5149.99%—
Big NII (above ₹10 lakh)4,01,7564.99%—
Qualified institutional buyers (QIB)40,17,56549.95%50%
QIB, excluding anchor16,07,16419.98%—
Anchor investors24,10,40129.97%—
Employees8,1690.10%—
Market maker———

Source: ProspectusUpdated

Special quotas

Employees
₹128 discount per share

Source: ProspectusUpdated

Subscription

Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.

Valuation

FY 2024-25
EPS (basic)
₹10.93
EPS (diluted)
₹10.82
P/E (FY 2024-25 basic EPS at Cap Price)
123.70×
P/E (FY 2024-25 diluted EPS at Cap Price)
124.95×
RoNW
15.48%
ROCE (Nine months ended December 31, 2025 (not annualised))
32.52%
NAV per share (As on December 31, 2025)
₹94.02
Debt to equity (Nine months ended December 31, 2025)
0.17
EBITDA margin (Nine months ended December 31, 2025)
20.90%
PAT margin (Nine months ended December 31, 2025)
9.28%

Source: ProspectusUpdated

Financials

Standalone, restated · ₹ crore
RevenueProfit after tax
Period ended31 Dec 20259 months31 Mar 2025FY 2024-2531 Mar 2024FY 2023-2431 Mar 2023FY 2022-23
Revenue from operations770.67658.36530.65423.03
Total income775.31662.54535.90429.87
EBITDA161.07125.0783.1254.24
Profit after tax71.5047.055.888.57
Net worth411.23303.88124.43115.22
Reserves and surplus366.74303.35124.03114.93
Total assets676.01491.16402.24331.28
Total borrowing46.8949.62150.62109.61

FY 2024-25 vs FY 2023-24: revenue +24.1%, profit after tax +700.4%. Periods shorter than 12 months are shown as reported and are not annualised.

Source: ProspectusUpdated

About the company

The company designs and supplies control-intensive electronic control units for two- and three-wheeler vehicles and gensets to original equipment manufacturers in India, the United States and Europe. Its products use in-house technologies and are critical to the working of the equipment in which they are installed.

Incorporated
2007
Industry
Automotive and Industrial Electronics
CIN
U29253PN2007PLC246956

Source: ProspectusUpdated

Promoters and shareholders

NameTypeBefore issueAfter issueShares offered
Prof. Shashikanth SuryanarayananPromoter16.16%16.16%0
Amit Arun DixitPromoter2.81%2.81%0
Manish SharmaPromoter1.95%1.85%45,000
Anaykumar Avinash JoshiPromoter1.34%1.34%0
Mallika R IyerPromoter group2.79%2.79%0
Ashwini Amit DixitPromoter group1.22%1.07%67,500
Priyanka Manish SharmaPromoter group0.13%0.13%0
Ravikumar KrishnamurthiPromoter group0.03%0.03%0
A91 Emerging Fund II LLPSelling shareholder18.16%12.71%24,10,650
Xponentia Opportunities Fund IISelling shareholder7.86%5.50%10,43,550
Mace Private LimitedSelling shareholder5.77%4.04%7,65,900
360 One Special Opportunities Fund – Series 8Selling shareholder5.13%3.59%6,80,850
NRJN Family Trust (represented by Entrust Family Office Legal & Trusteeship Services Private Limited)Selling shareholder4.37%2.00%10,50,000
360 One Monopolistic Market Intermediaries FundSelling shareholder3.56%2.49%4,72,500
HDFC Life Insurance Company LimitedSelling shareholder3.21%2.24%4,25,700
Xponentia Opportunities LimitedSelling shareholder3.20%2.24%4,25,250
Society for Innovation and EntrepreneurshipSelling shareholder0.92%0.46%2,04,000
Capri Global Holdings Private LimitedSelling shareholder0.64%0.45%85,050
SVS Trust No IVSelling shareholder0.64%0.45%85,050
Venktesh Investment and Trading Company Private LimitedSelling shareholder0.48%0.33%63,450
Cyrus Jamshed GuzderSelling shareholder0.30%—1,32,000
Himanshu Kantilal Sanghavi HUFSelling shareholder0.19%0.13%25,200
Devang MehtaSelling shareholder0.13%0.09%16,650
Atul Hiralal ShahSelling shareholder0.09%0.07%12,600
Bakul Hiralal ShahSelling shareholder0.09%0.07%12,600
Devinjit SinghSelling shareholder0.05%0.04%6,750
Perumal Ramamurthy SrinivasanSelling shareholder0.05%0.04%6,750
Bhavya KapoorSelling shareholder0.03%0.02%4,500
Rahul BahriSelling shareholder0.01%0.01%1,800

Source: ProspectusUpdated

Objects of the issue

₹ crore
PurposeAmount
Offer for sale of shares by the selling shareholders; the company receives no proceeds from the offer1,087.35
Listing benefits such as improved visibility and a public market for the sharesSet with price

Source: ProspectusUpdated

Peer comparison

As listed in the offer document
CompanyEPSP/ERoNWNAV per share
SEDEMAC Mechatronics LimitedIssuer₹10.93124.95×15.48%₹71.57
Bosch Limited₹683.2551.80×14.59%₹4,682.43
ZF Commercial Vehicle Control Systems India Limited₹242.960.42×14.31%₹1,697
Sona Blw Precision Forgings Limited₹9.9252.00×10.94%₹88.39
Schaeffler India Limited₹60.171.69×17.59%₹341.57

Source: ProspectusUpdated

Strengths and risks

Our summary of what the offer document states

Strengths

  • Long-standing supplier of control electronics to major two/three-wheeler and genset OEMs.
  • Early-mover technology base, including sensorless ISG ECUs and integrated electronic governing in gensets.
  • Strong in-house engineering team with a large base of engineers from leading Indian institutions.
  • Large cumulative volumes of control-intensive products sold across mobility and industrial segments.
  • Revenue growth and rising profitability across the reported periods.

Risks

  • Very high revenue concentration, with TVS Motor contributing about 75% to 83% of revenue in the periods reviewed.
  • Dependence on two manufacturing facilities in Pune for all production.
  • Heavy reliance on the mobility segment for most revenue.
  • Reliance on a few suppliers for critical raw materials, and imports of semiconductors and PCBs from China.
  • The offer is entirely an offer for sale, so the company receives no proceeds, and promoters and selling shareholders have acquired shares at prices that may be below the offer price.

Source: ProspectusUpdated

Contacts

Lead manager
ICICI Securities Limited
SEBI INM000011179
Lead manager
Avendus Capital Private Limited
SEBI INM000011021
Lead manager
Axis Capital Limited
SEBI INM000012029
Company
SEDEMAC Mechatronics Limited
cs@sedemac.com
+91 20 6715 7200

Source: ProspectusUpdated

Allotment status

Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.

Allotment
Refunds
Demat credit
Listing

Source: ProspectusUpdated

After listing

Listing price, day-one high and low, and the change from the issue price (₹1,352) appear here after the shares list on BSE and NSE.

Work out the gain or loss on allotted shares after charges and tax →

Frequently asked questions

When does the SEDEMAC Mechatronics IPO open and close?

According to the Prospectus, the issue opens on Wednesday, 4 March 2026 and closes on Friday, 6 March 2026.

What is the SEDEMAC Mechatronics IPO price band?

The final issue price is ₹1,352 per share.

What is the lot size of the SEDEMAC Mechatronics IPO?

One lot is 11 shares, which is ₹14,872 at ₹1,352 per share.

Where will SEDEMAC Mechatronics shares list?

On BSE and NSE. The tentative listing date is Wednesday, 11 March 2026.

Who is the registrar of the issue?

MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.

How do I check the SEDEMAC Mechatronics IPO allotment status?

The basis of allotment is expected to be finalised on Monday, 9 March 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the BSE website or the NSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.

How will the money raised be used?

₹1,087.35 Cr for offer for sale of shares by the selling shareholders; the company receives no proceeds from the offer, and the rest for the other stated purposes.

Spotted something wrong?

Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.