The one-day anchor book for institutional investors will open on March 2, while the public issue will open on March 4 and close on March 6. The company is expected to finalise the share allotment by March 9, and its equity shares are scheduled to list on the stock exchanges on March 11.
The IPO is entirely an offer for sale (OFS) of 80.43 lakh equity shares, with no fresh issue component. Promoters Manish Sharma and Ashwini Amit Dixit, along with seven investors, including A91 Emerging Fund, NRJN Family Trust, Xponentia Opportunities Fund and 360 ONE, are the selling shareholders.
As the public issue is completely an OFS, the entire proceeds will go to the selling shareholders and Sedemac Mechatronics will not receive any funds from the offer.
Sedemac Mechatronics is one of India’s leading manufacturers of genset controllers and supplies electronic control units (ECUs) that are critical for automotive and industrial applications. Its ECUs are used by leading original equipment manufacturers (OEMs) in India as well as in international markets such as the United States and Europe.
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A significant portion of the company’s revenue is generated from products built on proprietary control technologies developed in-house, enabling it to deliver customised and value-driven solutions to OEM clients.
On the financial front, revenue from operations increased from Rs 423.03 crore in FY23 to Rs 530.65 crore in FY24, and further to Rs 658.36 crore in FY25. Profit stood at Rs 8.57 crore in FY23, Rs 5.88 crore in FY24 and rose sharply to Rs 47.05 crore in FY25. For the three months ended June 30, 2025, the company reported revenue of Rs 217.36 crore and a profit of Rs 17.07 crore.
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