Sedemac Mechatronics Raises Rs 326 Cr from Anchor Investors Ahead of IPO Launch

• Sedemac Mechatronics secured Rs 326 crore from anchor investors before its IPO opens for public subscription.
• The allocation involved 23 funds, including domestic mutual funds, insurance companies, and foreign institutional investors.
• Key anchor investors include Abu Dhabi Investment Authority, ICICI Prudential MF, Nippon India MF, Tata MF, HDFC MF, and SBI MF.
• The company allotted 24.10 lakh equity shares to anchor investors at Rs 1,352 per share.
• The Rs 1,087-crore IPO, an Offer for Sale, will open on March 4 and close on March 6, with a price band of Rs 1,287-Rs 1,352 per share.