Sedemac Mechatronics IPO Sees 27% Subscription on Opening Day

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Sedemac Mechatronics IPO Subscribed 27% on Day 1; Rs 326 Cr Raised from Anchor Investors

Representational image (Image: News18)

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News18•04-03-2026, 20:00

Sedemac Mechatronics IPO Subscribed 27% on Day 1; Rs 326 Cr Raised from Anchor Investors

•Sedemac Mechatronics Ltd IPO received 27% subscription on its first day of bidding, March 4.
•The initial public offer garnered bids for 15,00,510 shares against 56,32,899 shares on offer.
•Qualified Institutional Buyers (QIBs) portion subscribed 87%, while Retail Individual Investors (RIIs) saw 3% subscription.
•The company raised Rs 326 crore from anchor investors; the Rs 1,087-crore IPO concludes on March 6.
•The IPO is entirely an Offer for Sale (OFS) by promoters Manish Sharma, Ashwini Amit Dixit, and other investors.

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