Sedemac Mechatronics Shares Debut with 13% Premium Despite Tepid IPO Response

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Sedemac Mechatronics Shares List 13% Up Despite Tepid IPO Response

Sedemac Mechatronics Shares List 13% Up Despite Tepid IPO Response

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CNBC TV18•11-03-2026, 10:01

Sedemac Mechatronics Shares List 13% Up Despite Tepid IPO Response

•Sedemac Mechatronics shares listed at ₹1,535, a 13% premium to the issue price of ₹1,352.
•The company's ₹1,087.4 crore Initial Public Offering (IPO) received a tepid overall subscription of 2.68 times.
•Institutional investors aggressively bid, subscribing their portion 8.7 times, while retail and non-institutional portions were undersubscribed.
•Sedemac Mechatronics designs and manufactures Electronic Control Units (ECUs), motor controllers, and integrated starter-generator systems.
•Shares closed 5.47% lower at ₹1,451.10 on NSE after initial gains on listing day.

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