SEDEMAC Mechatronics IPO Opening Today;₹1,087 Crore OFS Issue Sets ₹1,287-₹1,352 Price Band

SEDEMAC Mechatronics’ initial public offering (IPO) will open for subscription on March 4, 2026 and close on March 6, 2026, according to issue details filed for the book-built offer. The public issue is sized at ₹1,087.45 crore and consists entirely of an Offer for Sale (OFS) of 80,43,300 shares, meaning the proceeds will go to existing shareholders rather than the company.

The IPO has set a price band of ₹1,287 to ₹1,352 per share, with listing scheduled on the BSE and NSE and a tentative listing date of March 11, 2026.

Issue Structure and Key Offer Details

The SEDEMAC Mechatronics IPO is structured as a book-building issue, where investors bid within the declared price band during the subscription period.

The offer comprises 80,43,300 equity shares, aggregating up to ₹1,087.45 crore at the upper price band. Because the issue is entirely an OFS, the company itself will not receive any capital from the IPO proceeds.

The face value of each equity share is ₹10.

The company’s pre-IPO market capitalisation is estimated at approximately ₹5,970.63 crore, based on the upper end of the price band.

Price Band, Lot Size and Retail Investment Threshold

The IPO price band has been fixed at ₹1,287–₹1,352 per share.

Investors can bid for a minimum lot size of 11 shares and in multiples thereafter. At the upper price band, the minimum investment required for retail investors is ₹14,872.

For other investor categories, the investment thresholds are structured as follows:

• Retail investors: Minimum 1 lot (11 shares) – ₹14,872
• S-HNI investors: Minimum 14 lots (154 shares) – ₹2,08,208
• B-HNI investors: Minimum 68 lots (748 shares) – ₹10,11,296

Retail investors can apply for up to 13 lots (143 shares) within the permitted category limit.

Investor Allocation and Reservation

The issue allocation follows the standard structure prescribed for book-built IPOs.

• Qualified Institutional Buyers (QIB): Not more than 50% of the net offer
• Retail Individual Investors (RII): Not less than 35% of the net offer
• Non-Institutional Investors (NII): Not less than 15% of the net offer

This distribution ensures participation across institutional, high-net-worth, and retail investor segments.

IPO Timeline and Listing Schedule

The tentative timeline for the SEDEMAC Mechatronics IPO is as follows:

• IPO opens: 4 March 2026
• IPO closes: 6 March 2026
• Allotment finalisation: 9 March 2026
• Refund initiation: 10 March 2026
• Credit of shares: 10 March 2026
• Tentative listing date: 11 March 2026

The shares are proposed to list on BSE and NSE.

Financial Performance Snapshot

According to the company’s restated financial statements, SEDEMAC Mechatronics has reported growth in revenue and profitability in recent years.

For the period ended 31 December 2025, the company reported:

• Total income: ₹775.31 crore
• Profit after tax: ₹71.50 crore
• EBITDA: ₹161.07 crore
• Assets: ₹676.01 crore

For FY2025 (year ended March 31, 2025), total income stood at ₹662.54 crore, with profit after tax of ₹47.05 crore.

The company’s net worth increased to ₹411.23 crore as of December 2025, while total borrowings stood at ₹46.89 crore.

Lead Managers and Registrar

The IPO is being managed by ICICI Securities Ltd., which is acting as the book-running lead manager for the issue.

MUFG Intime India Pvt. Ltd. has been appointed as the registrar to the issue, responsible for allotment processing and investor record management.

Source:

https://www.nseindia.com/market-data/issue-information?symbol=SEDEMAC&series=EQ&type=Active