SEDEMAC Mechatronics Files DRHP for ₹800-1000 Crore IPO via Offer for Sale
By Shishta Dutta | Published at: Nov 11, 2025 06:04 PM IST
Mumbai, November 11, 2025 – Pune-based SEDEMAC Mechatronics Limited, a leader in technology solutions implementing state-of-the-art control systems for engines and powertrains, has filed its DRHP (Draft Red Herring Prospectus) with the SEBI. The IPO size will be between ₹800-1000 crore and will be only through an Offer for Sale (OFS) of 8,043,300 equity shares with a face value of ₹10 each.
SEDEMAC Mechatronics IPO Structure and Allocation
The planned IPO is a pure Offer for Sale by existing shareholders; hence, the company will not receive any proceeds from these new shares. The offer is the selling of the shares, with a maximum of 45,000 shares to promoter shareholders, 67,500 shares to promoter group shareholders, and 7,930,800 shares to investor shareholders.
The issue shall be made through the Book Building Process as per the ICDR Regulations of SEBI. Not more than 50% of the offer shall be for the QIBs. At least 15% shall be offered to Non-Institutional Investors (NIIs), and a minimum of 35% shall be reserved for Retail Individual Investors (RIIs). Employees shall get a maximum of 5% of the post-offer capital.
ICICI Securities Limited, Avendus Capital Private Limited, and Axis Capital Limited are the Book Running Lead Managers (BRLMs) to the offer. MUFG Intime India Private Limited is the registrar to the offer. The company has already obtained in-principle approval for listing from both the BSE and NSE.
SEDEMAC Mechatronics Financial Overview
The company has shown consistent growth in major metrics according to the restated consolidated financial statements of SEDEMAC. Total assets raised from ₹3,312 million in FY23 to ₹4,912 million in FY25 and further to ₹5,522 million as of Q1FY26. Cash and cash equivalents have improved drastically to ₹145 million in Q1FY26, which shows good liquidity management. Also, the inventory has gradually increased, which is a sign that the company is growing and its operations are scaling up.
Both the asset expansion and solid capital efficiency of the firm are indicative of sound financial standing and operational upward trend of the company in mechatronic systems and embedded software.
SEDEMAC Mechatronics Company Background and Business Model
SEDEMAC Mechatronics was incorporated in 2007 and became a publicly traded company in September 2024. The promoters of the company are Prof. Shashikanth Suryanarayanan, Amit Arun Dixit, Manish Sharma, and Anaykumar Avinash Joshi. Its registered office is at Pallod Farms, Baner Road, Pune.
The company designs and manufactures engine controllers, motion control systems, and powertrain products for automotive, generator, and industrial equipment manufacturers. A focus on indigenous R&D has helped SEDEMAC build a sizable pool of intellectual property and partnerships with leading OEMs both in India and abroad.
REF: https://nsearchives.nseindia.com/corporate/Registration_11112025113724_SEDEMACMECHATRONICSLIMITEDDRHP.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
