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Sedemac Mechatronics Limited

SEDEMACAuto Components4 Mar 2026 – 6 Mar 2026INE00XB01019

Promoters Shashikanth Suryanarayanan · Amit Arun Dixit · Manish Sharma · Anaykumar Avinash Joshi

On listing day it
we hold no exchange bar dated on the listing date
Since then, against the issue price
+128.4%
₹3,088 on 21 Sept 2026

Against an issue price of ₹1,352. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹1,352
final issue price
Issue size
₹1,087 cr
OFS
Lot size
11 sh
₹14,872 a lot
Listed on
11 Mar 2026
NSE
Now trading as SEDEMAC — see its filed financials and price history →
Valued at the offer price5,971 cr4,41,61,500 shares after the issue × ₹1,352, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Sedemac Mechatronics Limited raised ₹1,087 crore through a mainboard initial public offer.

The filing places it in Auto Components and names four promoters: Shashikanth Suryanarayanan, Amit Arun Dixit, Manish Sharma and Anaykumar Avinash Joshi.

The book was open from 4 March 2026 to 6 March 2026.

The issue was priced at ₹1,352 a share, from a band of ₹1,287 to ₹1,352.

The whole offer is an offer for sale — ₹1,087 crore paid to existing shareholders selling down, not to the company.

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

23 anchor investors were allotted shares before the book opened, worth ₹326 crore.

The shares listed on 11 March 2026.

The last official close on file is ₹3,088 (21 September 2026), which is 128.4% above the issue price.

It now trades as SEDEMAC, and its filed financials are on its company page.

How it has done since listing
NSE close · 21 Sept 2026
Issue price
₹1,352
final issue price
Listing-day move
Now vs issue price
+128.4%
21 Sept 2026
Since first close

Shares sold in the issue at ₹1,352 last closed at ₹3,088.

See SEDEMAC’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(1)
Issue price
₹1,352
face value ₹10
Lot size
11 sh
₹14,872 a lot
Issue size
₹1,087 cr
OFS
Shares after issue
4.42 cr
4,41,61,500
Offer for sale
80.43 L
shares sold by existing holders

No fresh issue — every share in this offer is being sold by existing shareholders, so the company itself raises nothing.

Registrar
Link Intime India Private Limited
Lead managers
  • ICICI Securities Limited
  • Avendus Capital Pvt Limited
  • Axis Capital Limited
What happens when
3-day book
  1. Bidding opens4 Mar 2026
  2. Bidding closes6 Mar 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing11 Mar 2026
Subscription

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Who bought before the book opened
23 investors · ₹326 cr

Anchor investors are institutions allotted shares one working day before public bidding opens, at a price fixed then. Their shares are locked in for a set period. At least 6 of them are domestic mutual funds; we could not classify 15 of the names either way.

ICICI PRUDENTIAL SMALLCAP FUND₹36.6 cr
ABU DHABI INVESTMENT AUTHORITY - MONSOON₹27 cr
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C - ADITYA BIRLA SUN LIFE TRANSPORTATION AND LOGISTICS FUNDmutual fund₹27 cr
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUNDmutual fund₹27 cr
TATA BUSINESS CYCLE FUND₹27 cr
HDFC MUTUAL FUND - HDFC TRANSPORTATION AND LOGISTICS FUNDmutual fund₹23.2 cr
SBI QUALITY FUND₹18.3 cr
SBI AUTOMOTIVE OPPORTUNITIES FUND₹18.3 cr
3PIM INDIA EQUITY (IFSC) FUND₹17 cr
HDFC MUTUAL FUND - HDFC NON CYCLICAL CONSUMER FUNDmutual fund₹13.5 cr
GOLDMAN SACHS COLLECTIVE TRUST - EMERGING MARKETS EQUITY EX. CHINA FUND₹12.1 cr
3P INDIA EQUITY FUND 2M₹10 cr
HELIOS FLEXI CAP FUND₹9.9 cr
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD₹9 cr
PINEBRIDGE GLOBAL FUNDS - PINEBRIDGE INDIA EQUITY FUND₹9 cr
WHITEOAK CAPITAL INDIA OPPORTUNITIES FUND₹9 cr
HSBC MUTUAL FUND - HSBC EQUITY SAVINGS FUNDmutual fund₹6 cr
INVESCO INDIA MANUFACTURING FUND₹6 cr
SUNDARAM MUTUAL FUND A/C SUNDARAM FOCUSED FUNDmutual fund₹6 cr
BORDER TO COAST EMERGING MARKETS EQUITY ALPHA FUND₹5.9 cr
HELIOS INDIA LONG SHORT FUND₹5 cr
HELIOS MID CAP FUND₹2 cr
HELIOS SMALL CAP FUND₹1.1 cr

From the issuer’s anchor allotment filing. A record of who was allotted what — not a recommendation.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    10 Apr 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    9 Jun 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    11 Sept 2026
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    11 Sept 2027
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
125.0x
diluted earnings · 119.0x at the floor
The issuer's chosen peers
Earnings the price leans on
Earnings per share, by year
YearBasicDilutedWeight
FY2023₹2.12₹2.041
FY2024₹1.45₹1.392
FY2025₹10.93₹10.823

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Bosch Limited51.814.6%
Schaeffler India Limited71.717.6%
Sona BLW Precision Forgings Limited52.010.9%
ZF Commercial Vehicle Control Systems India Limited60.414.3%
The issuer’s own figures, as it printed them
EPS
₹10.93
NAV per share
₹71.57
Return on net worth
15.48%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Avendus Capital Private Limited
20242026
7
2 measurable
+1.1%
Axis Capital Limited
20212026
85
18 measurable
+11.7%
ICICI Securities Limited
20212026
87
12 measurable
+16.0%
Registrar
FirmIssuesTypical listing move
Link Intime India Private Limited
20212026
175
14 measurable
+10.2%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.