The Elfin Agro India IPO opened for subscription on March 5, 2026 and will remain…
SEDEMAC Mechatronics IPO Day 3 Subscription, GMP and Issue Details
The SEDEMAC Mechatronics IPO opened for subscription on March 4, 2026 and will close on March 6, 2026. The public issue aims to raise around ₹1087.45 crore through an offer for sale of equity shares. The company has set the price band at ₹1287 to ₹1352 per share for investors participating in the issue.
The IPO has attracted moderate interest from investors so far, with institutional investors showing relatively stronger participation compared to the retail segment. By the end of the second day, the issue was subscribed 0.46 times overall, with the Qualified Institutional Buyers category leading the demand.
In the grey market, the SEDEMAC Mechatronics IPO GMP is currently around ₹0, indicating a flat premium compared to the upper price band. Grey market trends often reflect investor sentiment ahead of the listing but may change frequently depending on demand in the primary market.
The company is expected to finalize the basis of allotment on March 9, 2026, while shares are likely to be credited to demat accounts on March 10, 2026. The stock is scheduled to list on the BSE and NSE on March 11, 2026.
SEDEMAC Mechatronics IPO GMP Live Rates day by day with Kostak rates
| Date | IPO GMP | GMP Trend | Kostak | Subject to Sauda |
|---|---|---|---|---|
| 6 March 2026 | ₹0 | → | ₹- | ₹- |
| 5 March 2026 | ₹0 | → | ₹- | ₹- |
| 4 March 2026 | ₹0 | → | ₹- | ₹- |
| 3 March 2026 | ₹0 | → | ₹- | ₹- |
| 2 March 2026 | ₹0 | → | ₹- | ₹- |
SEDEMAC Mechatronics IPO Details
| IPO Open Date | March 4, 2026 |
|---|---|
| IPO Close Date | March 6, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹1287 to ₹1352 Per Share |
| Issue Size | Approx ₹1087.45 Crores |
| Offer for Sale | Approx ₹80,43,300 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| DRHP | Draft Prospectus |
| RHP | Draft Prospectus |
SEDEMAC Mechatronics IPO Dates
| IPO Open Date | March 4, 2026 |
|---|---|
| IPO Close Date | March 6, 2026 |
| Basis of Allotment | March 9, 2026 |
| Refunds | March 10, 2026 |
| Credit to Demat Account | March 10, 2026 |
| IPO Listing Date | March 11, 2026 |
| IPO Bidding Cut-off Time | March 6, 2026 – 5 PM |
Company Overview
SEDEMAC Mechatronics operates in the automotive technology and powertrain control systems segment. The company designs and manufactures electronic control units, sensors, and related systems used in two-wheelers, three-wheelers, and other automotive applications.
Its technology focuses on improving vehicle efficiency, emission control, and engine performance. The company works with several automotive manufacturers and supplies components used in advanced engine management systems.
With the growing demand for fuel-efficient and emission-compliant vehicles, companies involved in automotive electronics and control technologies are expected to see increased demand in the coming years. The IPO allows investors to participate in a business operating within this rapidly evolving automotive technology sector.
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