SEDEMAC Mechatronics’ initial public offering to open on Wednesday, March 04, 2026
FinTech BizNews Service
Mumbai, 26 February 2026: SEDEMAC Mechatronics Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of Rs10 each (“Equity Shares”) on Wednesday, March 04, 2026. The Anchor Investor Bidding Date is one Working Day before the Bid/Offer Opening Date, being Monday, March 02, 2026. The Bid/ Offer Closing Date is Friday, March 06, 2026.
The Price Band of the Offer has been fixed from Rs1287 per Equity Shares of face value Rs10 each to Rs1352 per Equity Share of face value Rs10 each. Bids can be made for a minimum of 11 Equity Shares of face value Rs10 each and multiples of 11 Equity Shares of face value Rs10 each thereafter.
The offer comprises an offer for sale of up to 8,043,300 Equity Shares of face value Rs10 each by existing promoter & promoter group selling shareholders, viz. Manish Sharma, and Ashwini Amit Dixit, and existing investor selling shareholders, viz. A91 Emerging Fund II LLP, NRJN Family Trust (represented by Entrust Family Office Legal & Trusteeship Services Private Limited), Xponentia Opportunities Fund II, Mace Private Limited, 360 One Special Opportunities Fund - Series 8, 360 One Monopolistic Market Intermediaries Fund, HDFC Life Insurance Company Limited, Xponentia Opportunities Limited, Society for Innovation and Entrepreneurship, Cyrus Jamshed Guzde, Capri Global Holdings Private Limited, SVS Trust No IV, Venktesh Investment and Trading Company Private Limited, Himanshu Kantilal Sanghavi HUF, Devang Mehta, Atul Hiralal Shah, Bakul Hiralal Shah, Devinjit Singh, Perumal Ramamurthy Srinivasan, Bhavya Kapoor, and Rahul Bahri.
A discount of Rs128 per Equity share is being offered to Eligible Employees bidding in the Employee Reservation Portion.
Founded in 2007 by four IIT Bombay engineers, SEDEMAC Mechatronics has grown into a globally deployed control technology company and one of the few Indian-origin suppliers to repeatedly deliver scalable, breakthrough innovations in automotive and industrial electronics.
The company is a leading supplier of control-intensive Electronic Control Units (ECUs) to major OEMs across India, the United States, and Europe. With fully in-house proprietary control technology capabilities, SEDEMAC serves two- and three-wheelers, electric vehicles, and generator applications.
Strategically, the company is expanding into commercial vehicles and the power tools segment, with successful proof-of-concept demonstrations in sensorless motor control and ongoing development of ECUs for commercial vehicle platforms — positioning it for the next phase of growth
The Equity Shares of the Company are proposed to be listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) (BSE and NSE together, the Stock Exchanges).
ICICI Securities Limited, Avendus Capital Private Limited and Axis Capital Limited are the Book Running Lead Managers (BRLMs) to the Offer.
