SEDEMAC Mechatronics’ ₹1,087-cr IPO to open on March 4; sets price band at ₹1,287–1,352
ADVERTISEMENT
Pune-based SEDEMAC Mechatronics on Thursday announced that it will launch its initial public offering (IPO) on March 4, with the issue closing on March 6. The company has fixed the IPO price band at ₹1,287–₹1,352 per share and aims to raise ₹1,087.45 crore at the upper end of the price band.
The public issue of the technology company, which specialises in advanced control electronics for automotive and industrial applications, is entirely an offer for sale (OFS) of 0.80 crore shares. This means the proceeds will go to existing shareholders rather than the company.
As per the IPO document, investors can bid for a minimum of 11 shares worth ₹14,872 at the upper end of the price band.
The allotment of SEDEMAC Mechatronics shares is expected to be finalised on March 9, and the company is slated to list on the BSE and the NSE on March 11, 2026.
As per the allocation structure, 50% of the net offer is reserved for qualified institutional buyers (QIBs), 35% for retail investors, and the remaining 15% for non-institutional investors (NIIs).
Incorporated in 2007, SEDEMAC Mechatronics is a technology-driven company specialising in control electronics for automotive and industrial applications. The company designs and manufactures powertrain controllers, motor control products, and integrated starter-generator solutions. It has built a niche around its patented sensor-less motor control technology, which enables precise performance without relying on external sensors.
The company works closely with major OEMs and caters to the growing electrification trend across two-wheelers, three-wheelers, and power equipment segments. Its focus on scalable and efficient electronic solutions has positioned it as a key player in control technologies amid rising demand for electric mobility and fuel-efficient systems.
The company is significantly dependent on the mobility segment, which contributed 84.63%, 85.69%, 85.64%, and 80.37% of its revenue from operations for the nine months ended December 31, 2025, and FY25, FY24, and FY23, respectively.
Financially, SEDEMAC has reported robust growth. Revenue rose 24% to ₹662.54 crore in FY25 from ₹535.90 crore in FY24. Profit after tax (PAT) witnessed a sharp jump of nearly 700%, rising to ₹47.05 crore in FY25 from ₹5.88 crore a year earlier.
EBITDA increased to ₹125.07 crore in FY25 compared with ₹83.12 crore in FY24. The company has also strengthened its balance sheet, with net worth climbing to ₹303.88 crore as of March 31, 2025, from ₹124.43 crore a year earlier. Total borrowings declined sharply to ₹49.62 crore in FY25 from ₹150.62 crore in FY24.
(DISCLAIMER: The views and opinions expressed by investment experts on fortuneindia.com are either their own or of their organisations, but not necessarily that of fortuneindia.com and its editorial team. Readers are advised to consult certified experts before taking investment decisions.)