Sedemac Mechatronics Shares List At ₹1,535 On NSE, 13.54% Premium Over Issue Price

Mumbai, March 11: Shares of Sedemac Mechatronics Limited listed on the stock exchanges on Wednesday opening at ₹1,535 per share on NSE, reflecting a premium of about 13.54% over the issue price of ₹1,352. The stock later traded at ₹1,522 at 10:36 AM IST, marginally below its opening level but still around 12.57% above the IPO price.

The listing follows the completion of the company’s ₹1,087.45 crore initial public offering, which was structured entirely as an Offer For Sale (OFS). As per exchange data, the stock touched an intraday high of ₹1,613.50 and a low of ₹1,500.10 during early trade on the listing day.

IPO Structure and Issue Details

Sedemac Mechatronics launched its book-built public issue between March 4 and March 6, 2026. The IPO was priced in a band of ₹1,287 to ₹1,352 per share, with the final issue price fixed at ₹1,352.

The public issue comprised an Offer For Sale of 80,43,300 equity shares aggregating to ₹1,087.45 crore. Since the IPO was entirely an OFS, the proceeds from the issue are received by the selling shareholders rather than the company.

Each equity share carries a face value of ₹10, and the minimum bid lot for investors was 11 shares.

Subscription Data Across Investor Categories

According to subscription data available after the issue closed on March 6, 2026, the IPO was subscribed 2.68 times overall.

The Qualified Institutional Buyers (QIB) portion, excluding anchor investors, was subscribed 8.46 times. The Non-Institutional Investor (NII) segment recorded subscription of 0.77 times, while the retail investor category was subscribed 0.20 times.

Anchor investors had already subscribed to their allocated portion prior to the public bidding phase.

Share Price Snapshot On Listing Day

As of 10:36 AM IST on March 11, 2026, Sedemac Mechatronics shares were trading at ₹1,522 on NSE.

The stock opened at ₹1,535 compared with the previous reference price of ₹1,352, indicating a listing premium. During the session, the share price moved within a range of ₹1,500.10 to ₹1,613.50 so far. The volume-weighted average price (VWAP) stood at ₹1,548.64 during early trade.

IPO Timeline And Listing Details

The IPO opened for subscription on March 4, 2026, and closed on March 6, 2026. The basis of allotment was finalised on March 9, 2026, while shares were credited to investors’ demat accounts on March 10, 2026.

Sedemac Mechatronics shares were listed on both the NSE and BSE on March 11, 2026, under the NSE symbol SEDEMAC and BSE scrip code 544723.

Source: https://www.nseindia.com/get-quote/equity/SEDEMAC/SEDEMAC-Mechatronics-Limited