Updated at 28.02.2026|9:50 AM
Sedemac Mechatronics Limited is entering the primary market.
It is a prominent Tier-I supplier engaged in designing, developing, and manufacturing critical electronic control units (ECUs) for two-wheelers, three-wheelers, and industrial generators.
The Sedemac Mechatronics IPO opens on March 4, 2026, and closes on March 6, 2026.
Track all the IPOs of 2026, in our IPO section which is updated regularly.
The company plans to raise up to ₹1,087.45 crores entirely through an Offer for Sale (OFS), with a price band set at ₹1,287 to ₹1,352 per share and a retail lot size of 11 shares.
In this article, you will find Sedemac Mechatronics IPO GMP today, price band, and a detailed review.
For subscription status, check our subscription section and for allotment status find all the details at our dedicated IPO allotment status hub page.
Watch Sedemac Mechatronics IPO Video Analysis
Briefs of Sedemac Mechatronics IPO Details
- Price Band: ₹1,287 – ₹1,352 per share
- IPO Open / Close Dates: 4 March 2026 to 6 March 2026
- Lot Size: 11 shares
- Issue Size: 80,43,300 shares / up to ₹1,087.45 crores
- Fresh Issue / OFS: 100% Offer for Sale (OFS)
- Registrar: MUFG Intime (Link Intime) India Private Limited
- Listing Exchange: BSE, NSE
The investors who have queries regarding allotment, refunds, credit of shares, and other similar kinds of can check our detailed guide on MUFG Intime Allotment status guide which is detailed and has all the necessary information
WHAT IS THE Sedemac Mechatronics IPO GMP Today?
You can check the GMP of this and other issues at GMP today page.
Disclaimer: The Grey Market Premium (GMP) changes daily based on market demand. It is an unofficial indicator and is not regularised by SEBI, NSE, or BSE.
Listing Updates:
| Type | Issue Price | Open | Gain/loss % |
| Lisiting | 1352.00 | 1535.00 | 13.54 |
What Are The Important Sedemac Mechatronics IPO Dates & Allotment Schedule?
- IPO Open & Close Date: 4 March 2026 – 6 March 2026
- Basis of Allotment Date: 9 March 2026
- Refund Initiation Date: 10 March 2026
- Credit of Shares: 10 March 2026
- Listing Date: 11 March 2026
What Are The Objectives of Sedemac Mechatronics IPO?
Since this issue is a 100% Offer for Sale (OFS) by the promoter and existing investor selling shareholders (including A91 Emerging Fund and Xponentia), Sedemac Mechatronics will not receive any proceeds from the IPO.
The sole objectives of the offer are to provide an exit strategy for the selling shareholders and to reap the benefits of listing the equity shares on the stock exchanges, which inherently enhances corporate visibility and brand image.
How is The Financial Performance of Sedemac Mechatronics?
The following table presents the company's financial performance converted into Crores for clarity, based on the Restated Financial Statements.
Figures in Crores
Period Ended | 31 Dec 25 (9M) | 31 Mar 25 | 31 Mar 2024 | 31 Mar 23 |
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 |
Total Borrowing | 46.89 | 49.62 | 150.62 | 109.61 |
Assets | 676.01 | 491.16 | 402.24 | 331.28 |
Source: RHP
Financial analysis
Total Income:
The company demonstrated robust top-line momentum, with total income escalating from ₹429.87 crores in FY23 to ₹662.54 crores in FY25, further reaching ₹775.31 crores in just nine months of FY26. This sustained expansion is largely driven by increased market penetration of its control-intensive ISG and EFI ECUs in the domestic mobility sector.
Profit After Tax:
Net profit surged exponentially from ₹5.88 crores in FY24 to ₹47.05 crores in FY25, and hit ₹71.50 crores by December 2025. This bottom-line growth points to operating leverage and a reduction in financing costs following the conversion of preference shares.
EBITDA:
Operating profits more than doubled over the observed period, reaching ₹125.07 crores in FY25 with margins expanding to 19.00%. The company has successfully extracted economies of scale, optimising raw material consumption relative to its rising sales volume.
Total Borrowing:
Sedemac systematically reduced its total borrowings from a high of ₹150.62 crores in FY24 down to a highly comfortable ₹46.89 crores by the end of December 2025.
Assets:
The total asset base swelled steadily from ₹331.28 crores in FY23 to ₹676.01 crores by the 9M FY26 period. This growth is predominantly fuelled by ongoing capital expenditures in new manufacturing facilities (such as in Chakan and Hosur) and an expected rise in trade receivables following strategic working capital shifts.
What Are The P/E Ratio and Peer Comparison?
Based on its Fiscal Year 2025 earnings per share (EPS) of ₹10.93, the IPO is priced at a Price-to-Earnings (P/E) multiple of approximately 123.69x at the upper end of the price band (₹1352).
P/E Ratio = ₹1352(Price) / ₹10.93(Earnings Per Share)
P/E Ratio ≈ 123.69x
Name of Company | Basic EPS (₹) | P/E Ratio | RoNW (%) | Revenue (FY25) (₹ in mn) |
SEDEMAC Mechatronics | 10.93 | 123.69 | 15.48 | 6,583.63 |
Bosch Limited | 683.25 | 51.54 | 14.59 | 180,874.00 |
ZF Commercial Vehicle | 242.90 | 62.68 | 14.31 | 38,309.63 |
Sona BLW Precision Forgings | 9.92 | 53.62 | 10.94 | 35,460.21 |
Schaeffler India Limited | 60.10 | 64.73 | 17.59 | 82,323.80 |
While Sedemac is commanding a steep premium compared to industry giants like Bosch and Schaeffler, the market often attributes higher multiples to niche, high-growth R&D-driven mechatronics companies with first-mover advantages, though investors must evaluate if this valuation is stretched.
What is The Industry Outlook of Sedemac Mechatronics Limited?
- Sectoral Shift: The Indian automotive industry is rapidly transitioning towards tighter emission norms (BS-VI OBD2) and electrification. This necessitates advanced electronic control units (ECUs), increasing the electronic content per vehicle.
- Indigenisation Push: The government's "Aatmanirbhar Bharat" initiative strongly favours domestic Tier-I suppliers. As traditional mechanical parts give way to software-driven mechatronics, heavily R&D-focused companies stand to capture substantial market share.
What Are The Strengths and Risks of Sedemac Mechatronics IPO?
Strengths:
- First-Mover Advantage: The company holds the distinction of being the first globally to develop sensorless ISG systems for small internal combustion engine (ICE) two and three-wheelers.
- Proprietary R&D: Originating from an IIT Bombay lab, all technology is developed in-house. The company holds 12 global patents, erecting high entry barriers for competitors.
- Return Ratios: Sedemac exhibits superior capital efficiency, boasting a Return on Capital Employed (RoCE) of 33.79% in FY25.
Risks:
- Extreme Client Concentration: A single major customer (TVS Motor Company) accounted for over 75% of the company's revenue in the 9M FY26 period. The loss of this anchor client would critically impact the business.
- EV Transition: Over 84% of revenue is derived from the ICE mobility segment. If the transition to Electric Vehicles (EVs) happens faster than expected, it could cannibalise their core product lines before their EV motor control units fully scale.
- Supply Chain Vulnerability: The company relies on China for around 8% of critical raw materials (semiconductors and PCBs), exposing it to geopolitical tensions and global supply chain disruptions.
Key Considerations for Investors
This section is neutral and for informational purposes only.
- Valuation: At a P/E multiple of approximately 123.69x, the issue commands a significant premium over established auto-ancillary peers (which typically trade between 50x to 65x). Investors must weigh this steep valuation against the company's high growth rate and robust Return on Net Worth (RoNW).
- Offer Structure: The IPO is a 100% Offer for Sale (OFS). This means all raised capital will go to the exiting promoters and investors, and the company will not receive any fresh funds to fuel its future operations or capacity expansion.
- Risk Profile: While Sedemac demonstrates a strong technological moat and profitability, it carries extreme client concentration risk, with over 75% of its revenue coming from a single customer (TVS Motor Company). Additionally, the broader industry's transition to electric vehicles (EVs) could impact its core Internal Combustion Engine (ICE) product lines if the shift accelerates.
Key Takeaways
- IPO Price Band: ₹1,287 to ₹1,352 per share
- Lot Size: 11 Shares (Minimum retail investment: ₹14,872)
- Allotment: 9 March 2026
- Listing Dates: 11 March 2026 on BSE & NSE
FAQs on Sedemac Mechatronics IPO
What is Sedemac Mechatronics IPO GMP today?
The Grey Market Premium (GMP) is a fluid, unofficial metric that changes daily. You can check our gmp section for it.
What is Sedemac Mechatronics IPO price band?
The price band for the IPO has been fixed at ₹1,287 to ₹1,352 per equity share.
What is Sedemac Mechatronics IPO allotment date?
The basis of allotment is tentatively scheduled to be finalised on Monday, March 9, 2026.
How to check Sedemac Mechatronics IPO allotment status?
Investors can verify their allotment status online via the official website of the registrar, MUFG Intime (Link Intime) India Private Limited, or through the BSE and NSE portals.
What is Sedemac Mechatronics IPO listing date?
The equity shares will tentatively list on the stock exchanges on Wednesday, March 11, 2026.
Investment Perspective on Sedemac Mechatronics IPO
Sedemac Mechatronics presents a high-growth technological play within the traditional auto-ancillary space. While its margins and technological patents are highly attractive, the premium valuation and heavy reliance on a single OEM client dictate that investors approach with adequate risk appetite and a long-term horizon.
Disclaimer: The information provided in this article is for educational and informational purposes only and does not constitute financial advice. Please read the Red Herring Prospectus (RHP) and consult a SEBI-registered advisor before investing.
