Sedemac Mechatronics IPO Opens: Analysts Cautious on Valuations
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CNBC TV18•04-03-2026, 06:47
Sedemac Mechatronics IPO Opens: Analysts Cautious on Valuations
•Sedemac Mechatronics IPO, backed by A91 Partners, Catamaran Ventures, and Xponentia Capital, opens for subscription from March 4-6.
•Company raised ₹325.88 crore from 23 anchor investors, including Goldman Sachs and Abu Dhabi Investment Authority, ahead of the issue.
•The ₹1,087.45-crore IPO is entirely an Offer for Sale of up to 80.43 lakh equity shares; the company will not receive any proceeds.
•SBI Securities recommends 'Subscribe' for the long term, but cautions that listing or short-term gains appear unlikely due to high valuations (62.6x FY26E P/E).
•Arihant Capital Markets assigns 'Neutral' rating citing customer concentration and import dependence risks; Swastika Investmart advises 'Avoid' due to stretched 127x trailing P/E.
