A big IPO is coming in March — the SEDEMAC Mechatronics IPO. The company is currently showing a positive trend in the gray market.
This is a mainboard IPO and will open next week. The total issue size of the IPO is ₹1,087.45 crore.
The IPO will open for investors on March 4, 2026, and bidding will close on March 6, 2026.
This IPO is completely an Offer for Sale (OFS). That means no new shares are being issued. Instead, existing investors will sell 80 lakh (8 million) shares.
The company was founded in 2007 and is based in Pune. It manufactures motor control products and integrated start generator solutions.
Price Band and Lot Size Details
The price band for the SEDEMAC Mechatronics IPO is ₹1,287 to ₹1,352 per share.
The lot size is 11 shares, so retail investors will need to invest at least ₹14,872 to apply.
Since this is a mainboard IPO, the shares will be listed on both the BSE and NSE.
ICICI Securities Limited has been appointed as the book running lead manager for this IPO.
Gray Market Premium (GMP) Update
According to a report by Investors Gain, the IPO is currently trading at a gray market premium (GMP) of ₹28.
On February 26, the GMP was ₹130. So far, the highest GMP has been ₹130, while the lowest has been ₹28 per share.
Share Reservation Details
Up to 50% of the issue is reserved for Qualified Institutional Buyers (QIBs).
At least 35% is reserved for retail investors.
At least 15% is reserved for Non-Institutional Investors (NIIs).
