SEDMAC MECHATRONICS LIMITED
Price Band
₹ 1287 - ₹ 1352
Bid Lot
11 Shares
SEDMAC MECHATRONICS LIMITED
04-Mar-2026 - 06-Mar-2026
Price Band
₹ 1287 - ₹ 1352
Minimum Investment
₹ 14872.00
Bid Lot
11 Shares
Shares
8,043,300
-
Face Value - Rs. 10/- Per Share
- Lisitng at NSE BSE
-
255,663 Application Required in Retail for 1 Time.
-
Registrar :
Link Intime India Private Ltd
IPO Details
Offer for sale of 80,43,300 Equity Shares
QIB
50%
(4,017,565 Shares)RS.543.17 CR
HNI 1
5%
(401,757 Shares)RS.54.32 CR @ 2609 FORM 1X
HNI 2
10%
(2,812,296 Shares)RS.380.22 CR @ 5218 FORM 1X
Retail
35%
(2,812,296 Shares)RS.380.22 CR @ 255663 FORM 1X
Employee
0%
(8,169 Shares)RS.1.00 CR
BRLMs: Axis Capital, ICICI Securities, Avendus Capital
Timeline
-
04
Mar-2026
Open Date
-
06
Mar-2026
Close Date
-
09
Mar-2026
Basis of Allotment Date
-
10
Mar-2026
Initiation of Refunds
-
10
Mar-2026
Credit of Shares to Demat A/C
-
11
Mar-2026
IPO Listing Date
Subscription as on 06-Mar-2026 17:15
Category
Book Size
Subscription
QIB
8.46x
1,607,026
(₹217.27 Cr.)
13,594,537
(₹1837.98 Cr.)
HNI (<10 LAKH)
0.53x
401,757
(₹54.32 Cr.)
212,905
(₹28.78 Cr.)
HNI2 (>10 LAKH)
0.26x
2,812,296
(₹380.22 Cr.)
717,772
(₹97.04 Cr.)
RETAIL
0.20x
2,812,296
(₹380.22 Cr.)
561,825
(₹75.96 Cr.)
EMP
2.95x
8,169
(₹1.10 Cr.)
24,112
(₹3.26 Cr.)
Total
1.98x
7,641,544
15,111,151
Category
Book Size
Subscription
QIB
8.46x
1,607,026
(₹217.27 Cr.)
13,594,537
(₹1837.98 Cr.)
HNI (<10 LAKH)
0.53x
401,757
(₹54.32 Cr.)
212,905
(₹28.78 Cr.)
HNI2 (>10 LAKH)
0.26x
2,812,296
(₹380.22 Cr.)
717,772
(₹97.04 Cr.)
RETAIL
0.20x
2,812,296
(₹380.22 Cr.)
561,825
(₹75.96 Cr.)
EMP
2.95x
8,169
(₹1.10 Cr.)
24,112
(₹3.26 Cr.)
Total
1.98x
7,641,544
15,111,151
*Excluding Anchor
Total No. of Application Approx : ~32215 (0.13 Appwise)
HNI Cost
About Company
q Sedemac Mechatronics (“Sedemac”), established in 2007, is the first company in India to develop, design, and manufacture sensor-less commutation (“SLC”) based integrated starter generators (“ISG”), Engine control units (“ECUs”) for two-wheeler/3-wheelers (“2/3Ws”) internal combustion engine (“ICE”) powered vehicles. They have shipped sensor-less ISG ECUsand ECUs integrating ISG functionality with electronic fuel injection (“ISG+EFI”) ECUs for more than 9.2 million small engine 2/3Ws between Fiscal 2018 and the nine months ended December 31, 2025. They held ~35% market share in the domestic ISG ECU market (for 2W and 3W combined) in terms of volume and are amongst the top 4 players for the nine months ended December 31, 2025.
q Their flagship products include ISG ECUs, EFI ECUs, combined ISG+EFI ECUs, MCUs for electric vehicles, electric machines (magnetos/motors) for both engine-powered and electric bicycles, and 2/3W and GCs.
q Sedemac operates in competitive segments within the control-intensive electronic components industry, catering to both mobility and industrial markets. Their principal competitors include international and domestic suppliers with varying capabilities in innovation and technology ownership.
q Sedemac is the first company in India to develop, design, and manufacture SLC-based ISG ECUs for 2W and 3W ICE-powered vehicles. Also, within the Indian domestic market for ISG ECUs, they are one of the leading suppliers, competing mainly with Shindengen and Denso.
q They are the first company globally to develop, design, and manufacture sensor-less ISG systems for small 2/3W ICE-powered vehicles.
q As of December 31, 2025, their sensor-less ISG units are installed in more than 9.2 million vehicles in India and abroad, and they rank among the top global players in ISG sales for these sectors.
q They are also recognised as the first player to offer electronic governance as an integrated feature in genset controllers in India since 2014, with over 250,000 generator sets featuring eGov as of December 31, 2025.
Strengths
Competitive Strength
- First-To-Market Advantage Driving Market Leadership, Creates High Entry Barriers, and Enables Sustained Competitive Advantage
- Agility At Scale Through Integrated Design, Engineering, and Manufacturing Enables Rapid Innovation and Swift Market Response
- Synergies Driving Cross-Market Technology Use, Procurement Advantages, and Robust Partnerships
- Continued Ability to Innovate, Scale, and Embed Differentiated Technologies
- Quality, Traceability, and Reliable Delivery
Business Strategies
- Expand Technologies and Products Across Multiple Large Markets
- Drive Technology and Product Differentiation
- Offer A Suite of Control-Intensive Products for Each Market
- Build and Sustain Partnerships with Market Leaders
- Leverage Synergies Across Markets, Products, and Supply Chains
Company Promoters
Company Financials
Company Financials (Restated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 676.01 | 491.16 | 402.24 | 331.28 |
| Total Income | 775.31 | 662.54 | 535.90 | 429.87 |
| Profit After Tax | 71.50 | 47.05 | 5.88 | 8.57 |
| EBITDA | 161.07 | 125.07 | 83.12 | 54.24 |
| NET Worth | 411.23 | 303.88 | 124.43 | 115.22 |
| Reserves and Surplus | 366.74 | 303.35 | 124.03 | 114.93 |
| Total Borrowing | 46.89 | 49.62 | 150.62 | 109.61 |
| Amount in ? Crore | ||||
Objects of the Issue
General corporate purposes
How to Apply
Apply for IPO in few simple steps.
-
Step 1
Once you create your account, Login to Easy Investing.
-
Step 2
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
-
Step 3
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
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Step 4
Enter your UPI ID and you will receive mandate on your UPI App.
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Step 5
Once you accept the mandate, Application is submitted successful.
The Bidding Process
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How to bid on App?
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Investing using UPI
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FAQs
Frequently Ask Question