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SEDEMAC Mechatronics Ltd
MainboardListed
Open:Wed, 04 Mar 2026
Close:Fri, 06 Mar 2026
Lot Size:11 Shares
Price Band:₹ 1287 - ₹ 1352
Listing:NSE, BSE
Fresh Issue:-
OFS:1087.45 Cr
Total IPO Size:1087.45 Cr
QIB : 50.00%
Retail : 35.00%
Total HNI : 15.00%

EventDate
Open Date04-03-2026 , Wednesday
Close Date06-03-2026 , Friday
Tentative Allotment09-03-2026 , Monday
Tentative Listing Date11-03-2026 , Wednesday
Retail Appl. Cut Off Time06-03-2026 , Friday 05:00 PM
Non Retail Appl. Cut Off Time06-03-2026 , Friday 04:00 PM
Anchor Allotment02-03-2026 , Monday
Initiation Of Refund10-03-2026 , Tuesday
Credit Of Share To Demat10-03-2026 , Tuesday

Electronic Control Units, Mobility & Industrial Controls IPO Analysis

SEDEMAC Mechatronics Limited IPO — Business Overview & IPORupee Insight

SEDEMAC Mechatronics Limited is a technology-led supplier of critical, control-intensive electronic control units to original equipment manufacturers in the mobility and industrial segments. The company designs and supplies products used in engine-powered two-wheelers and three-wheelers, electric vehicles, electric bicycles and generators. A large part of its revenue comes from products developed in-house, where technology, reliability, quality control and long-term customer relationships are central to the business model.

Revenue from operations₹7,706.65 millionNine months ended Dec 31, 2025
Profit for the period₹714.98 millionNine months ended Dec 31, 2025
EBITDA margin20.90%Nine months ended Dec 31, 2025
Control-intensive controllers sold2,858,050Nine months ended Dec 31, 2025

Business Overview

SEDEMAC supplies electronic control units that are critical to the functioning of customer equipment. These products are not simple accessories. They control key operating functions in vehicles and generators and are therefore important for performance, reliability and safety of the end product.

The company mainly serves original equipment manufacturers across India, the United States and Europe. Its business is divided broadly into mobility and industrial applications.

  • Mobility products for engine-powered two-wheelers and three-wheelers.
  • Mobility products for electric two-wheelers, electric three-wheelers and electric bicycles.
  • Industrial products for generator and genset applications.
  • Technology-driven electronic control solutions developed largely in-house.
IPORupee View:
This is not a normal auto ancillary company selling generic components. SEDEMAC is more of an embedded electronics and control-technology company where product validation, OEM approval cycles and long-term reliability are very important.

What Does Critical, Control-Intensive Mean?

A critical-to-the-application product is a component without which the equipment cannot perform its main function. For example, an engine control unit supporting fuel injection in a vehicle or a motor control unit in an electric vehicle is essential for movement.

Control-intensive means the product manages complex system behaviour in real time. Such products generally require deep engineering, software, electronics, testing and validation capability.

Retail Investor Understanding:
When a component is deeply integrated into an OEM platform, replacement is not very easy. However, the company also becomes dependent on the same OEM’s product cycle, purchase volumes and technology roadmap.

Full Forms Used

Short FormFull FormSimple Meaning
ECUElectronic Control UnitA controller that manages electronic functions in vehicles, generators or machines.
OEMOriginal Equipment ManufacturerA company that manufactures the final vehicle, generator or equipment.
ISGIntegrated Starter GeneratorA system that can support starting and generation functions in engine-powered vehicles.
EFIElectronic Fuel InjectionA system that electronically controls fuel injection in an engine.
MCUMotor Control UnitA controller that manages electric motor performance in electric vehicles or electric bicycles.
GCGenset ControllerA controller used in generator sets for monitoring and control functions.
AMFAuto Mains FailureA controller function that starts a generator automatically when mains power fails.
R&DResearch and DevelopmentWork done to develop new technologies, products and product improvements.
PCBPrinted Circuit BoardThe board on which electronic components are mounted.
SLCSensorless CommutationA motor-control technology used by the company in certain products.
ICEInternal Combustion EnginePetrol, diesel or similar fuel-powered engine.
EVElectric VehicleA vehicle powered by an electric motor and battery.
2W / 3WTwo-Wheeler / Three-WheelerVehicle categories such as scooters, motorcycles, rickshaws and three-wheelers.

Major Business Segments

The company’s revenue is mainly generated from two broad segments:

  • Mobility segment: Controllers supplied for internal combustion engine powered and electric two-wheelers and three-wheelers.
  • Industrial segment: Controllers supplied for generator applications.
Particulars9M Dec 2025FY25FY24FY23
Mobility revenue₹6,521.78 million₹5,641.32 million₹4,544.40 million₹3,399.83 million
Industrial revenue₹1,184.87 million₹942.31 million₹762.13 million₹830.45 million
Total revenue from operations₹7,706.65 million₹6,583.63 million₹5,306.53 million₹4,230.28 million
Mobility share84.63%85.69%85.64%80.37%
Industrial share15.37%14.31%14.36%19.63%
Insight:
Mobility is the largest revenue contributor. This gives the company strong exposure to the two-wheeler and three-wheeler ecosystem, but also means that performance depends heavily on OEM production schedules and vehicle demand.

Critical Control-Intensive Revenue

A major part of SEDEMAC’s business comes from critical, control-intensive products. This is important because such products generally involve deeper engineering and stronger customer integration compared with non-critical products.

Particulars9M Dec 2025FY25FY24FY23
Revenue from critical, control-intensive products₹6,668.26 million₹5,272.55 million₹4,092.94 million₹3,054.45 million
Revenue from operations₹7,706.65 million₹6,583.63 million₹5,306.53 million₹4,230.28 million
Critical control-intensive product share86.53%80.09%77.13%72.20%
Non-critical product revenue₹976.91 million₹1,175.08 million₹1,149.68 million₹1,100.14 million
Non-critical product share12.68%17.85%21.67%26.01%
IPORupee Interpretation:
The increasing share of critical control-intensive products indicates that the business is moving more toward high-technology, application-critical products. This is positive for differentiation, but it also increases the importance of product reliability and customer trust.

Key Products

  • Sensorless ISG ECUs: Used in engine-powered two-wheelers and three-wheelers.
  • EFI ECUs: Used to manage electronic fuel injection in engine-powered vehicles and generators.
  • ISG + EFI ECUs: Integrated solutions combining starter-generator control and electronic fuel injection functionality.
  • EV MCUs: Motor control units for electric two-wheelers and three-wheelers.
  • E-bike MCUs: Motor control units for European electric bicycles.
  • Rare-earth free motors: Offered for electric bicycle applications.
  • Genset controllers: Supervisory AMF controllers and related generator control products.
  • Aftertreatment control module: Product under validation for commercial vehicle applications.
Important Point:
The product portfolio is not limited to one technology. SEDEMAC is trying to build a wider control-technology platform across engine-powered vehicles, electric mobility, generators and adjacent industrial applications.

Product Volume Trend

Product Particulars9M Dec 2025FY25FY24FY23
Genset controllers119,684120,924128,305132,745
Genset EFI ECUs221,61680,08324,45713,768
ISG, EFI and ISG+EFI ECUs2,471,0162,228,1331,754,6641,277,856
TCIs and RRs2,096,4752,504,0342,516,5092,452,492
EV Motor Control Units45,7319,3649,913786
Insight:
The sharp rise in ISG/EFI related ECU volumes and EV motor control units shows expansion in control-intensive mobility products. Genset EFI ECUs also show strong volume growth, especially in the nine-month period ended December 31, 2025.

Financial Performance

Parameter9M Dec 2025FY25FY24FY23
Total income₹7,753.06 million₹6,625.36 million₹5,358.96 million₹4,298.66 million
Revenue from operations₹7,706.65 million₹6,583.63 million₹5,306.53 million₹4,230.28 million
Profit for the period/year₹714.98 million₹470.45 million₹58.78 million₹85.73 million
Basic EPS₹16.59₹10.93₹1.45₹2.12
EBITDA₹1,610.71 million₹1,250.68 million₹831.24 million₹542.40 million
EBITDA margin20.90%19.00%15.66%12.82%
Profit margin9.28%7.15%1.11%2.03%
RoCE32.52%33.79%28.87%17.51%
RoE20.03%22.01%4.92%7.84%
Debt-equity ratio0.170.211.371.16
IPORupee Financial View:
Revenue, EBITDA and margins have improved meaningfully. Debt-equity has reduced sharply from FY24 levels. However, investors should not look only at margins; they should also study customer concentration, semiconductor sourcing dependence and sustainability of growth.

Research and Development

R&D is central to the company’s strategy. SEDEMAC categorizes R&D into new technology development and product development. New technology development includes early-stage concept work and proof-of-concept demonstrations. Product development begins when a commercial business opportunity is identified and continues through product validation, integration, scaling and improvement.

Particulars9M Dec 2025FY25FY24
R&D spend: Product development₹205.93 million₹259.92 million₹252.52 million
R&D spend: New technology development₹225.34 million₹151.30 million₹127.68 million
Total R&D spend₹538.26 million₹444.00 million₹504.87 million
R&D as percentage of revenue from operations6.98%6.74%9.51%
IPORupee Insight:
For a control-technology company, R&D spend is not optional. It is the engine of future products. A high R&D culture can support differentiation, but it also requires continuous execution and successful commercialization.

Market Positioning

According to the company’s RHP disclosures based on the CRISIL Report, SEDEMAC is the first company in India to develop, design and manufacture sensorless commutation based integrated starter generator ECUs for two-wheeler and three-wheeler internal combustion engine vehicles.

The company also discloses that it is a leader in India in genset controllers with an estimated market share of 75% to 77% during the nine months ended December 31, 2025 and is among the key global players with a 14% global market share in Fiscal 2025 through genset controllers and EFI ECUs for this market.

Investor Takeaway:
Market leadership in specialized control products can be valuable, but investors should verify whether leadership continues as technology shifts toward electric mobility and newer control architectures.

Customers and Concentration

SEDEMAC works with major OEM customers. Its top customers include TVS Motor, Bajaj Auto Limited, Kirloskar Oil Engines Limited, Briggs and Stratton LLC, DEIF India Private Limited, DEIF A/S and Cummins India Limited, among others.

Customer Concentration9M Dec 2025FY25FY24FY23
TVS Motor revenue as percentage of revenue from operations75.48%80.46%83.46%79.05%
Top 3 customer revenue as percentage of revenue from operations91.22%87.76%90.63%90.17%
Top 10 customer revenue as percentage of revenue from operations98.67%98.19%98.30%98.04%
Risk Insight:
Customer concentration is very high. This is common in deep OEM technology businesses, but it is still a major risk. Any reduction in volume from a large customer can materially impact revenue and profitability.

Raw Materials and Supplier Dependence

The company uses semiconductor components, printed circuit boards, die-cast metal and plastic parts, casings, motors and consumables. Semiconductor components form the largest raw material cost component.

Raw Material9M Dec 2025FY25FY24FY23
Semiconductor components as percentage of cost of materials consumed74.22%76.25%77.61%79.67%
PCBs as percentage of cost of materials consumed8.04%7.54%7.14%3.11%
Top 10 suppliers as percentage of total purchases63.63%63.64%65.63%63.34%
Imported raw material cost as percentage of revenue from operations43.47%45.97%54.00%52.62%
Risk Insight:
Semiconductor dependence is a key monitorable. Any shortage, price increase, import disruption or supplier concentration issue can affect production schedules, margins and delivery commitments.

Domestic and Export Sales

India is the company’s largest market. The mobility segment is largely domestic, while the industrial segment has a higher export component.

Particulars9M Dec 2025FY25FY24FY23
Mobility sales within India₹6,503.15 million₹5,593.57 million₹4,485.89 million₹3,384.36 million
Mobility sales outside India₹18.63 million₹47.75 million₹58.51 million₹15.47 million
Industrial sales within India₹494.26 million₹535.70 million₹517.53 million₹606.52 million
Industrial sales outside India₹690.61 million₹406.61 million₹244.60 million₹223.93 million
Insight:
The industrial generator segment has meaningful export exposure. This can help diversify geography, but it also brings risks such as currency fluctuation, global demand cycles and international customer dependency.

Quality, Warranty and Reliability

Because the company supplies critical electronic controllers, quality and reliability are very important. Warranty expenses remain a useful indicator for investors to track.

Particulars9M Dec 2025FY25FY24FY23
Warranty expenses₹24.13 million₹13.37 million₹3.28 million₹3.92 million
Warranty as percentage of total expenses0.36%0.22%0.06%0.09%
Warranty as percentage of revenue from operations0.31%0.20%0.06%0.09%
IPORupee View:
Warranty costs are currently low as a percentage of revenue, but investors should continue to monitor them because failure in critical components can lead to replacement costs, customer issues and reputational damage.

Human Resources

As of December 31, 2025, the company had 496 on-roll employees. A large portion of the workforce is connected to R&D and engineering, which reflects the technology-led nature of the business.

DepartmentNumber of Employees
Manufacturing, Operations and Supply Chain Management191
R&D including Design, Engineering and Product Development244
Global Sales and Business Development10
Finance and Accounts Department15
Legal and Secretarial2
Support Functions34
Total496
Insight:
The company’s engineering and R&D employee base is a core asset. For such companies, talent retention and execution capability are as important as manufacturing capacity.

Offer Structure Point

The IPO is an offer for sale of up to 8,043,300 equity shares. There is no fresh issue component disclosed in the RHP cover details. This means the company will not receive fresh funds from the IPO; the proceeds will go to the selling shareholders.

Retail Investor Note:
An offer for sale is not automatically negative, but investors should understand that the IPO is mainly providing an exit or partial exit to existing shareholders rather than raising growth capital for the company.
IPORupee Detailed Review and Insight

1. Business Quality

SEDEMAC operates in a specialized embedded electronics and control systems niche. The business has characteristics of both auto ancillary and technology engineering. Its products are deeply integrated into OEM platforms, which can create customer stickiness after successful validation. However, OEM validation cycles can be long and customer dependence can remain high.

2. Growth Drivers

  • Rising use of electronic control systems in two-wheelers and three-wheelers.
  • Shift from basic mechanical systems to electronic fuel injection and smarter engine controls.
  • Growing electric mobility opportunity through EV motor control units.
  • Demand for reliable generator controllers in India and export markets.
  • Company’s R&D-led product development and technology differentiation.
  • Possible adjacency into power tools, outdoor powered equipment and commercial vehicle applications.

3. Margin and Profitability View

The company’s EBITDA margin improved from 12.82% in FY23 to 19.00% in FY25 and 20.90% for the nine months ended December 31, 2025. Profit margin also improved to 9.28% in the nine-month period. This indicates better operating leverage and improved product mix. Still, margins should be tracked against raw material cost, semiconductor import dependence, pricing pressure from OEMs and future R&D spending.

4. Balance Sheet View

Debt-equity ratio reduced from 1.37 in FY24 to 0.21 in FY25 and 0.17 as of December 31, 2025. This shows improvement in leverage position. For investors, lower debt can reduce financial risk, but working capital, inventory and semiconductor procurement cycles should still be studied carefully.

5. Key Positives

  • Technology-led business with high share of critical, control-intensive products.
  • Strong revenue growth from FY23 to FY25 and further growth in the nine-month period.
  • Improving EBITDA margin and profit margin.
  • Market leadership claims in genset controllers and strong presence in ISG ECU products.
  • Large R&D and engineering employee base.
  • Low debt-equity ratio as of December 31, 2025.
  • Export exposure in industrial products.
  • Low warranty expenses as a percentage of revenue historically.

6. Key Risks and Monitorables

  • Very high customer concentration, especially revenue dependence on TVS Motor.
  • Top 10 customers contribute almost all revenue from operations.
  • Dependence on semiconductor components and imported raw materials.
  • Supplier concentration, with top 10 suppliers contributing more than 60% of purchases.
  • Products are critical; quality failures may have serious customer and financial impact.
  • Technology transition risk as mobility shifts from ICE to EV platforms.
  • R&D success risk: spending must convert into commercial products and volumes.
  • Offer for sale structure means no fresh funds are coming into the company from the IPO.

7. What Retail Investors Should Understand

SEDEMAC’s story should be understood from a technology and customer integration angle. The company has strong positioning in specific control products, but the business is not widely diversified from a customer perspective. A retail investor should study how sustainable the top customer relationship is, whether new products can reduce concentration over time and whether margins remain stable as volumes grow.

The company’s R&D culture is a key strength, but it also means the company must continuously innovate. In such businesses, past technology success does not automatically guarantee future success. Investors should track product commercialization, customer additions, export growth, EV product scale-up and warranty trends.

IPORupee Final Educational View

SEDEMAC Mechatronics Limited appears to be a differentiated technology-driven electronic control systems company operating in mobility and industrial generator applications. Its high share of critical, control-intensive products, strong R&D base, improving margins and reduced leverage are notable positives.

At the same time, the company carries meaningful risks related to customer concentration, OEM dependency, semiconductor sourcing, supplier concentration and technology transition. The IPO is also an offer for sale, so investors should understand that the company is not receiving fresh growth capital from the issue.

For educational analysis, SEDEMAC should be evaluated as a specialized control-technology company rather than a simple auto component company. The key long-term questions are: can it diversify customers, sustain technology leadership, grow EV and industrial exports, manage semiconductor sourcing and maintain product reliability at scale?

Disclaimer

This content is prepared only for educational and informational purposes. It is based on publicly available information, including the Red Herring Prospectus and company disclosures. IPORupee is not giving any buy, sell, apply or do-not-apply recommendation for SEDEMAC Mechatronics Limited IPO.

The above review is not investment advice, financial advice, valuation advice or a solicitation to invest. IPO investments involve market risk, business risk, listing risk, liquidity risk and the risk of loss of capital. Investors should read the full RHP, risk factors, financial statements, offer structure and consult a qualified financial advisor before making any investment decision.

All figures are taken from the company’s disclosed documents and should be verified independently. Future performance may differ from past performance. IPORupee does not guarantee the accuracy, completeness, allotment outcome, listing gain or future return from this IPO.


Subscription Data

CategorySize
(In Cr)
Subscribed
(In Cr)
No of Times
(x)
QIB217.291,837.988.46
bNII (Above 10L)108.6397.040.89
sNII (2L to 10L)54.3228.740.53
NII Total162.95125.780.77
Retail380.2275.760.20
Employee1.002.952.95
Total761.462,042.472.68

CategoryPercentageNo. of Shares OfferedAmount
QIB
50.00 %
40,17,565
543.17 Cr
Retail
35.00 %
28,12,296
380.22 Cr
Total HNI
15.00 %
12,05,270
162.95 Cr
SHNI
5.00 %
4,01,757
54.32 Cr
BHNI
10.00 %
8,03,513
108.63 Cr
Employee
0.00 %
8,169
1.00 Cr

SEDEMAC Mechatronics Ltd allotted 24,10,401 equity shares to anchor investors at ₹1,352 per share on 02 Mar 2026 before the IPO opening. The total anchor allocation stood at 325.89 Cr across 23 anchor investors.

Mutual funds received 16,41,179 shares worth 221.89 Cr, representing 68.09% of the total anchor investor allocation. Within the mutual fund portion, HDFC Mutual Fund had the highest fund-house level allocation with 2,70,919 shares worth 36.63 Cr across 2 schemes. Other leading fund houses by allocation included SBI Mutual Fund, ICICI Prudential Mutual Fund, Nippon India Mutual Fund and Aditya Birla Sun Life Mutual Fund.

At scheme level, the largest mutual fund allocations included ICICI PRUDENTIAL SMALLCAP FUND, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND, ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C - ADITYA BIRLA SUN LIFE TRANSPORTATION AND LOGISTICS FUND, TATA BUSINESS CYCLE FUND and HDFC MUTUAL FUND - HDFC TRANSPORTATION AND LOGISTICS FUND.

The largest anchor investor received 11.24% of the anchor portion. The top five anchor investors together received 10,69,695 shares, representing about 44.38% of the total anchor allocation.

Top 5 Anchor Investors

RankAnchor Investor NameShares AllocatedAllocation %Allocation Amount
1ICICI PRUDENTIAL SMALLCAP FUND2,70,91911.24 %36.63 Cr
2ABU DHABI INVESTMENT AUTHORITY - MONSOON1,99,6948.28 %27.00 Cr
3NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND1,99,6948.28 %27.00 Cr
4ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C - ADITYA BIRLA SUN LIFE TRANSPORTATION AND LOGISTICS FUND1,99,6948.28 %27.00 Cr
5TATA BUSINESS CYCLE FUND1,99,6948.28 %27.00 Cr

Top 5 Mutual Fund Scheme Investors

RankMutual Fund SchemeAMCShares AllocatedAllocation %Allocation Amount
1ICICI PRUDENTIAL SMALLCAP FUNDICICI Prudential Mutual Fund2,70,91911.24 %36.63 Cr
2NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUNDNippon India Mutual Fund1,99,6948.28 %27.00 Cr
3ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C - ADITYA BIRLA SUN LIFE TRANSPORTATION AND LOGISTICS FUNDAditya Birla Sun Life Mutual Fund1,99,6948.28 %27.00 Cr
4TATA BUSINESS CYCLE FUNDTata Mutual Fund1,99,6948.28 %27.00 Cr
5HDFC MUTUAL FUND - HDFC TRANSPORTATION AND LOGISTICS FUNDHDFC Mutual Fund1,71,2707.11 %23.16 Cr

The figures are based on the company’s stock exchange anchor allotment intimation. Anchor allocation is only an informational disclosure and does not indicate future listing performance.


ApplicationDiscountQty (Lot)Total
Retail MIN
-
11 (1)
₹ 14,872
Retail MAX
-
143 (13)
₹ 1,93,336
SHNI MIN
-
154 (14)
₹ 2,08,208
SHNI MAX
-
737 (67)
₹ 9,96,424
BHNI MIN
-
748 (68)
₹ 10,11,296
Employee MIN
₹ 128
11 (1)
₹ 13,464
Employee MAX
₹ 128
407 (37)
₹ 4,98,168

ObjectiveNo Of SharesAmount
Offer for Sale
80,43,300
1,087.45 Cr

DocumentAction
DRHPView
RHPView
Anchor AllotmentView

#TitlePublished Date
1SEDEMAC Mechatronics IPO: Things to Know from the RHP Before ₹1,087 Crore Offer Opens25-02-2026 , Wednesday

IPO Contact Details
Registered Office
Survey No. 270/1/A/2, Pallod Farms, Baner Road, Baner, Baner Gaon, Haveli, Pune 411 045 Maharashtra, India
Corporate Office
Survey No. 270/1/A/2, Pallod Farms, Baner Road, Baner, Baner Gaon, Haveli, Pune 411 045 Maharashtra, India
Contact Person
Prasad Rajendra Chavan - Company Secretary and Compliance Officer
Registrar to Issue Details
Registrar Name
MUFG Intime India Private Limited
Contact Person
Shanti Gopalkrishnan

Lead Managers

NameContact PersonTelephoneEmailWebsite
ICICI Securities Limited
Tanya Tiwari / Nikita Chirania
+91 22 6807 7100
sml.ipo@icicisecurities.com
www.icicisecurities.com
Avendus Capital Private Limited
Sarthak Sawa
+91 22 6648 0050
sedemac.ipo@avendus.com
www.avendus.com
Axis Capital Limited
Simran Gadh / Pratik Pednekar
+91 22 4325 2183
sedemac.ipo@axiscap.in
www.axiscapital.co.in
IPO Details

SEDEMAC Mechatronics Ltd IPO Details FAQs

Understand company details, IPO size, price band, lot size, exchange listing, fresh issue and Offer for Sale (OFS) in simple language for retail investors.

Which company's IPO is this?

This IPO is of SEDEMAC Mechatronics Ltd. The issue is scheduled to open on Wednesday, 04 March 2026 and closes on Friday, 06 March 2026.

After the IPO process is completed, the shares are proposed to be listed on both NSE and BSE.

What is the IPO size?

IPO size means the total amount offered to investors through the public issue.

For SEDEMAC Mechatronics Ltd IPO, the total issue size is Rs 1,087.45 crore, consisting of an Offer for Sale (OFS) of Rs 1,087.45 crore.

What is the price band or issue price?

Price band is the price range within which investors can bid for shares in a book-built IPO.

For this IPO, the lower price band is Rs 1,287 per share and the upper price band is Rs 1,352 per share.

What is the lot size?

Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.

For SEDEMAC Mechatronics Ltd IPO, the minimum lot size is 11 shares. At the upper price band of Rs 1,352 per share, the minimum application amount is Rs 14,872. Applications must be made in multiples of 11 shares.

What is Offer for Sale (OFS) in this IPO?

Offer for Sale (OFS) means existing shareholders sell their shares to the public through the IPO.

For SEDEMAC Mechatronics Ltd IPO, the Offer for Sale (OFS) size is Rs 1,087.45 crore. In an OFS, the selling shareholders receive the money, and the company usually does not receive funds from that portion.

IPO Timeline

SEDEMAC Mechatronics Ltd IPO Timeline FAQs

Understand the important IPO dates, allotment process, refund schedule and listing timeline in a retail-friendly format.

What is the IPO opening date?

The IPO opening date is the first day on which investors can apply for the public issue.

For SEDEMAC Mechatronics Ltd IPO, the IPO opens on Wednesday, 04 March 2026.

What is the IPO closing date?

The IPO closing date is the last day on which investors can submit, modify, or cancel their IPO applications.

SEDEMAC Mechatronics Ltd IPO closes on Friday, 06 March 2026.

When is the tentative allotment date?

The tentative allotment date is the expected date on which the registrar finalizes the share allotment for valid IPO applications.

For SEDEMAC Mechatronics Ltd IPO, the tentative allotment date is Monday, 09 March 2026.

When is the tentative listing date?

The tentative listing date is the expected date on which IPO shares begin trading on the stock exchanges.

SEDEMAC Mechatronics Ltd IPO is expected to list on Wednesday, 11 March 2026.

When do refunds and demat credit happen?

After allotment, funds are unblocked or refunds are initiated for non-allotted investors, while allotted shares are credited to investors' demat accounts before listing.

For SEDEMAC Mechatronics Ltd IPO, refund initiation is expected on Tuesday, 10 March 2026, and credit of shares to demat accounts is expected on Tuesday, 10 March 2026.

IPO Structure

SEDEMAC Mechatronics Ltd IPO Structure FAQs

Understand IPO category-wise reservation, QIB quota, retail quota, HNI allocation, shareholder reservation and the meaning of structure columns in a simple format.

What is the IPO structure?

IPO structure shows how shares are divided among different categories of investors, such as QIB, Retail, NII/HNI, Employees, and Shareholders.

For SEDEMAC Mechatronics Ltd IPO, the available categories in the structure table include QIB, Retail, Non-Institutional Investors (NII/HNI), Employees. The NII/HNI category includes SHNI and BHNI sub-categories. Investors can use this table to understand category-wise allocation before applying.

What is the QIB category?

QIB stands for Qualified Institutional Buyers. This category includes mutual funds, banks, insurance companies, and other large financial institutions.

In SEDEMAC Mechatronics Ltd IPO, 50% shares are reserved under the QIB category, with 40,17,565 shares offered, and an allocation amount of ₹543.17 crore.

What is the Retail category?

The Retail category is reserved for individual investors and HUFs applying for up to Rs 2 lakh within the retail investment limit allowed under IPO rules.

In SEDEMAC Mechatronics Ltd IPO, 35% shares are reserved under the Retail category, with 28,12,296 shares offered, and an allocation amount of ₹380.22 crore.

What is the NII/HNI category?

NII/HNI stands for Non-Institutional Investors / High Net-Worth Individuals. This category generally includes investors applying for more than Rs 2 lakh, above the retail investment limit.

In SEDEMAC Mechatronics Ltd IPO, 15% shares are reserved under the NII/HNI category, with 12,05,270 shares offered, and an allocation amount of ₹162.95 crore.

What is the SHNI category?

SHNI stands for Small HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 2 lakh but not exceeding Rs 10 lakh.

In SEDEMAC Mechatronics Ltd IPO, 5% shares are reserved under the SHNI sub-category, with 4,01,757 shares offered, and an allocation amount of ₹54.32 crore.

What is the BHNI category?

BHNI stands for Big HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 10 lakh.

In SEDEMAC Mechatronics Ltd IPO, 10% shares are reserved under the BHNI sub-category, with 8,03,513 shares offered, and an allocation amount of ₹108.63 crore.

What is employee reservation?

Employee reservation is a special quota reserved for eligible company employees, if applicable.

In SEDEMAC Mechatronics Ltd IPO, 8,169 shares are offered under the Employee Reservation category, and an allocation amount of ₹1.00 crore.

Lot Size Details

SEDEMAC Mechatronics Ltd IPO Lot Size FAQs

Understand retail lot size, HNI application limits, employee category, shareholder category and investment amount calculations using the IPO lot table.

What is lot size in an IPO?

Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.

For SEDEMAC Mechatronics Ltd IPO, the minimum lot size is 11 shares. At the upper price band of Rs 1,352 per share, the minimum application amount is Rs 14,872. Applications must be made in multiples of 11 shares.

What is Retail minimum application?

Retail minimum application shows the minimum application size for retail investors.

For SEDEMAC Mechatronics Ltd IPO, the Retail minimum application is 11 shares (1 lot) for about Rs 14,872.

What is Retail maximum application?

Retail maximum application shows the maximum application size generally available under the retail category.

For SEDEMAC Mechatronics Ltd IPO, the Retail maximum application is 143 shares (13 lots) for about Rs 1,93,336.

What is SHNI minimum application?

SHNI minimum application shows the minimum application size for the Small HNI category.

For SEDEMAC Mechatronics Ltd IPO, the SHNI minimum application is 154 shares (14 lots) for about Rs 2,08,208.

What is SHNI maximum application?

SHNI maximum application shows the maximum application size available under the Small HNI category, when provided.

For SEDEMAC Mechatronics Ltd IPO, the SHNI maximum application is 737 shares (67 lots) for about Rs 9,96,424.

What is BHNI minimum application?

BHNI minimum application shows the minimum application size for the Big HNI category.

For SEDEMAC Mechatronics Ltd IPO, the BHNI minimum application is 748 shares (68 lots) for about Rs 10,11,296.

What is Employee minimum application?

Employee minimum application shows the minimum application size under the employee category, if this category is available in the IPO.

For SEDEMAC Mechatronics Ltd IPO, the Employee minimum application is 11 shares (1 lot) for about Rs 13,464 with a discount of Rs 128 per share.

What is Employee maximum application?

Employee maximum application shows the maximum application size under the employee category, if provided in the lot size table.

For SEDEMAC Mechatronics Ltd IPO, the Employee maximum application is 407 shares (37 lots) for about Rs 4,98,168 with a discount of Rs 128 per share.

Financial Highlights

SEDEMAC Mechatronics Ltd IPO Financial FAQs

Understand important financial figures in simple language using the financial statement data available for the IPO.

What are Financial Highlights?

Financial Highlights show important numbers from the company's financial statements. These may include income, expenses, profit, assets, liabilities, cash flow and other financial information, depending on the data available for the IPO.

The table displays available financial data based on the IPO information currently available. Fields may differ from company to company depending on disclosures and reporting format.

How should investors read the Financial Highlights table?

Investors should read the table to understand the company's financial performance and financial position over different periods.

The table may help users review income, expenses, profitability, balance sheet position, cash movement or other financial information, depending on the available data.

Why can financial line items differ between IPOs?

Financial statement line items may differ because companies operate in different industries and may follow different reporting formats.

Some companies may provide detailed financial breakup, while others may present broader financial categories.

What should investors check in financial data?

Investors should review income, expenses, profitability, debt position, asset base, liabilities and cash flow position together.

A single financial figure should not be used alone to judge the company.

Why is profit not enough to judge an IPO?

Profit is important, but it does not show the full financial picture.

Investors should also review revenue quality, expenses, debt, assets, liabilities, cash flow, valuation and business risks.

Why is cash flow important in financial analysis?

Cash flow helps investors understand how money moves in and out of the business.

A company may report profit but still face cash flow pressure, so cash flow should be reviewed along with profit, debt and balance sheet information.

Should investors rely only on Financial Highlights?

No. Financial Highlights are useful, but investors should also review valuation, peer comparison, KPI data, business risks, IPO pricing, management discussion and official offer documents such as the RHP or DRHP.

Peer Comparison

SEDEMAC Mechatronics Ltd IPO Peer Comparison FAQs

Understand how the company may be compared with similar businesses using the peer comparison data available for the IPO.

What is Peer Comparison?

Peer Comparison means comparing the IPO company with businesses operating in a similar sector or industry.

It helps investors understand the company in a broader industry context.

Why is Peer Comparison useful?

Peer Comparison helps investors understand how the company can be compared with similar businesses using available financial or valuation metrics.

It is useful for context, but it should not be treated as a final investment conclusion.

Why can peer comparison metrics differ?

Peer comparison metrics may differ depending on the companies selected, accounting format, business model and available public information.

Investors should compare only relevant and similar metrics.

How should investors read a Peer Comparison table?

Investors should use the peer comparison table as a reference point.

Available metrics should be read together with business model, scale, profitability, margins, debt, growth, valuation and IPO pricing.

Can Peer Comparison decide whether an IPO is good or bad?

No. Peer Comparison does not directly decide whether an IPO is good or bad.

It only provides context for comparison. Final analysis should include financial statements, KPI data, valuation, risk factors and official offer documents.

Should investors rely only on Peer Comparison?

No. Peer Comparison is only one part of IPO analysis.

Investors should also review financial statements, KPI data, business risks, valuation, IPO pricing and company fundamentals.

Key Performance Indicators

SEDEMAC Mechatronics Ltd IPO KPI FAQs

Understand important KPI metrics in simple language using the key performance indicator data available for the IPO.

What are Key Performance Indicators (KPIs)?

Key Performance Indicators, or KPIs, are financial and valuation metrics used to understand profitability, efficiency, leverage, return-based ratios and earnings performance.

They help investors understand the company beyond basic financial figures.

Why are KPIs important for IPO investors?

KPIs help investors assess profitability, capital efficiency, leverage, valuation and earnings quality.

They should be reviewed together with financial statements, peer comparison and IPO pricing.

Why can KPI availability differ between IPOs?

KPI data may differ depending on the company, industry, financial disclosures and available offer document information.

Not every IPO may provide every KPI, and some metrics may not be applicable to every business.

How should investors read KPI metrics?

Investors should read KPI metrics together instead of relying on one ratio.

A single KPI may not give the full picture unless it is reviewed with financial statements, peer comparison, business model and valuation.

Can high or low KPI values directly decide investment quality?

No. High or low KPI values need context.

The meaning of a ratio may differ depending on industry, business model, debt level, growth stage, profitability and IPO valuation.

Should investors rely only on KPI data?

No. KPI data is useful, but it should not be used alone.

Investors should also review financial statements, peer comparison, business risks, valuation, IPO pricing and official offer documents such as the RHP or DRHP.