SEDEMAC Mechatronics IPO Day 2 Subscription Status
By HDFC SKY | Published at: Mar 6, 2026 10:33 AM IST
SEDEMAC Mechatronics began accepting bids for its public issue on March 4, 2026. The offering is structured as a book-built IPO aggregating up to ₹1,087.45 crore. Shares are being offered within a price band of ₹1,287 to ₹1,352 per share, and applications must be placed for a minimum lot of 11 shares.
The issue will remain open for subscription until Friday March 6, 2026. By the close of the second day of bidding, subscription levels showed participation across all investor categories, though the pace of demand remained uneven between segments.
SEDEMAC Mechatronics IPO Day 2 Subscription Status
As of 6:54 PM on March 5, 2026 (Day 2), the SEDEMAC Mechatronics IPO was subscribed 0.46 times overall.
Category-wise IPO Subscription Status
| Category | Subscription (Times) |
| QIB (Ex Anchor) | 1.27 |
| NII (HNI) | 0.25 |
| Retail | 0.09 |
| Employees | 1.59 |
| Total | 0.46 |
Previous Day’s Subscription Summary
On Day 1 (March 4, 2026), the IPO closed the day with 0.27 times overall subscription.
Institutional demand had reached 0.87 times, while the NII portion stood at 0.01 times. Retail participation on the opening day accounted for 0.03 times the shares reserved for that category.
IPO Timeline
| Milestone | Date |
| Issue Open Date | March 4, 2026 |
| Issue Close Date | March 6, 2026 |
| Basis of Allotment | March 9, 2026 |
| Initiation of Refunds | March 10, 2026 |
| Credit of Shares | March 10, 2026 |
| Listing Date | March 11, 2026 |
Brief Overview Of The SEDEMAC Mechatronics IPO
SEDEMAC Mechatronics IPO is structured entirely as an offer for sale (OFS) consisting of 80,43,300 equity shares, with the total issue size aggregating up to ₹1,087.45 crore.
The price band has been fixed between ₹1,287 and ₹1,352 per share, and investors must bid in a minimum lot of 11 shares. Shares reserved under the employee category carry a discount of ₹128 per share.
SEDEMAC Mechatronics develops engine control electronics, sensors, and mechatronic systems used in automotive applications. The company’s products are primarily deployed in powertrain management systems across vehicle platforms.
Summary: SEDEMAC Mechatronics IPO entered its second day of bidding on March 5, 2026. By the evening update, the public issue had been subscribed 0.46 times overall, with institutional investors accounting for most of the demand recorded so far.
Source: https://www.nseindia.com/market-data/issue-information?symbol=SEDEMAC&series=EQ&type=Active
Disclaimer
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: The information shared is intended solely for informational purposes and does not make any investment recommendations
