National, February 26, 2026: SEDEMAC Mechatronics Limited has announced that its initial public offering (IPO) will open for subscription on Wednesday, March 04, 2026, and close on Friday, March 06, 2026. The Anchor Investor Bidding Date is scheduled for Monday, March 02, 2026.
The company has fixed the price band at ₹1,287 to ₹1,352 per equity share of face value ₹10 each. Investors can bid for a minimum of 11 equity shares and in multiples of 11 thereafter. Eligible employees applying under the Employee Reservation Portion will be offered a discount of ₹128 per share.
The IPO comprises an Offer for Sale (OFS) of up to 80,43,300 equity shares by existing promoters and investor shareholders. The company will not receive any proceeds from the offer.
Founded in 2007 by four IIT Bombay engineers, SEDEMAC Mechatronics has emerged as a globally deployed control technology company. It is a leading supplier of control-intensive Electronic Control Units (ECUs) to major OEMs across India, the United States, and Europe. The company caters to two- and three-wheelers, electric vehicles, and generator applications, backed by fully in-house proprietary control technology capabilities.
Strategically, the company is expanding into commercial vehicles and the power tools segment, positioning itself for the next phase of growth.
The equity shares are proposed to be listed on BSE Limited and National Stock Exchange of India Limited.
