Kolkata: The primary market has been lackadaisical so far in 2026, while analysts had expressed hope of a bumper year of IPOs. SEDEMAC Mechatronics IPO opens its bidding process today March 4 against this backdrop and that of immediate panic in the secondary markets which are under immense selling pressure, thanks to the tension in the Gulf region. SEDEMAC Mechatronics IPO has already mobilized Rs 326 crore from anchor investors which includes domestic mutual funds, insurance companies and foreign institutional investors.
SEDEMAC Mechatronics IPO GMP
According to investorgain, SEDEMAC Mechatronics IPO GMP in early morning of March in in the negative territory. “The GMP for SEDEMAC Mechatronics IPO shows the discounted price. The cap price for SEDEMAC Mechatronics IPO is 1352.00.The estimated listing price for SEDEMAC Mechatronics IPO at the current GMP is Rs 1335,” mentioned investorgain on its website. This is a sharp drop from Rs 130 on Feb 26. However, it must be mentioned that GMP is an unofficial indicators that can be extremely volatile and cannot guarantee any listing gain (or loss).
SBI Securities recommendation
SBI Securities has recommended SEDEMAC Mechatronics IPO as a long-term investment. It has highlighted that SEDEMAC Mechatronics is a technology company in the auto ancillary sector and that the Pune-based company has strong R&D skills and market leadership which makes it quite attractive for long-term investors. SBI Securities has published a research report on it and assigned a long-term “SUBSCRIBE” rating.
SEDEMAC Mechatronics IPO price band, lot size, key dates
SEDEMAC Mechatronics IPO price band is Rs 1,287-1,352. The minimum lot size for a retail investor is 11 which entails an application money of 14,872 based on upper price. The lot size investment for sNII investors is 14 lots and for bNII investors 748 shares. ICICI Securities is the book running lead manager and MUFG Intime India is the registrar of the issue.
Bid opens: Mar 4
Bid closes: Mar 6
Allotment: Mar 9
Refund: Mar 10
Credit of shares: Mar 10
Listing: Mar 11
SEDEMAC Mechatronics business
SEDEMAC Mechatronics designs, develops, and manufactures control-intensive Electronic Control Units (ECUs) for use in two-wheelers/three-wheelers, EVs, light commercial vehicles, and industrial applications such as gensets. It has a diverse portfolio that includes ISG ECUs, EFI ECUs, ISG+EFI ECUs, EV motor controllers, and genset control units. By December 2025, SML has sold over 10 million controller units, signalling its scale and execution capabilities. The company has business not only in India but also in the US and Europe. TVS Motor is its largest customer, while formidable brands such as Hero MotoCorp, Bajaj Auto, Mahindra, Kirloskar Oil Engines, and Generac are also on its client list. The company’s core competence lies in its strong in-house R&D model and “design-in” integration into OEM platforms from an early stage.
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