SEDEMAC Mechatronics IPO

About the company

Sedemac Mechatronics operates as a Tier-1 supplier of electronic controllers and mechatronic systems that are used in vehicle and industrial equipment. The company started its business in 2007 from a laboratory and has developed into a technology-focused manufacturing organization which provides product development services to original equipment manufacturer (OEM) clients who use the company’s products in multiple stages of product development. The company operates through two segments: Mobility and Industrial. It offers Integrated Starter Generator (ISG) ECUs and Electronic Fuel Injection (EFI) ECUs, and combined ISG+EFI ECUs and Motor Control Units (MCUs) for electric vehicles and electric machines, which include magnetos and motors designed for engine-powered and electric 2/3 wheelers and Genset Controllers (GCs) as its primary product range. The company has experienced rapid expansion in its EV MCU market, shipping 45,731 EV MCUs during 9MFY26 after only shipping 786 units in FY23. Sedemac Mechatronics is also developing new business lines, which include power tools, outdoor equipment and commercial vehicle after-treatment controllers. Sedemac Mechatronics sold over 92 Lakhs ECUs between FY18 and 9MFY26. The company held approximately 35% domestic market share in ISG ECUs for 2 / 3 wheelers as of 9MFY26, which positioned it among the top four market competitors. The company functions as the leading genset controller manufacturer in India through its industrial division, which achieved approximately 75% to 77% market share from October 2022 to December 2025 while maintaining 14% global market share in genset controllers and EFI ECUs for gensets during FY25. The company launched integrated electronic governing (eGov) technology in India during 2014, and more than 2,50,000 generator sets had this feature as of December 31 2025. The company has delivered over 15 lakhs components to the global genset market as of that date. The company creates all its hardware components together with base software, application software and mechanical systems. It has been granted 12 patents across India, the USA, China, the EU, Japan and Vietnam, while it has submitted 11 additional patent applications in India. The company holds 6 trademarks that are registered in India. Sedemac Mechatronics operates two technical centres together with two manufacturing facilities that are located in Pune and is currently constructing its third facility, which will cover 80,000 sq ft, while its fourth facility for electric motor production is under development at Chakan. Manufacturing capacity at MF1 increased from 24.7 lakhs equivalent ISG ECUs as of March 31, 2023, to 39.9 lakhs as of March 31, 2025, and capacity utilisation reached 93.39% for 9MFY26. The company's main clients include TVS Motor Company, Bajaj Auto, Kirloskar Oil Engines, Briggs & Stratton, DEIF and Cummins India. TVS Motor accounted for 75.48% of revenue during 9MFY26 and 80.46% in FY25. The company obtains approximately 43% to 54% of its revenue through imported raw materials. The ISG (Integrated Starter Generators) market will expand from its current value of approximately ₹116,720 lakhs in FY26 YTD to between ₹300,000 lakhs and ₹310,000 lakhs by FY31 at a CAGR of 13 to 15% due to improved starting performance and advantages from hybridisation. The EV market presents a much greater opportunity because motor controller markets are expected to experience a CAGR of 44% to 46%, which will increase their current market size of ₹69,203 lakhs in FY25 to a range between ₹440,000 lakh to ₹450,000 lakh by FY30. The genset controller demand is also rising due to stricter CPCB IV+ emission norms and the shift toward gas and hybrid generators. The domestic EFI ECU genset market will reach almost 2x its present size by FY30. The company's addressable market expands because the company offers three core products: ECUs, motor controllers, and integrated systems, which include both electric vehicles and hybridisation and emissions compliance solutions. The company reduces its dependency on economic cycles through its expansion into non-automotive markets, which include gensets and industrial applications. The company also benefits from this strategy because it enables better long-term growth forecasting. Now, SEDEMAC Mechatronics is launching its initial public offering (IPO), which is a complete offer-for-sale of ₹1,087 crore. Its shares will be listed on the NSE and BSE. ### **How to pre-apply for the SEDEMAC Mechatronics IPO**? You can pre-apply for the SEDEMAC Mechatronics IPO on Upstox. The pre-application for this IPO, which means the pre-apply open date, usually begins a day before the IPO opens for subscription. Follow these steps to pre-apply for the IPO: - Login to your Upstox account, using your six-digit PIN - After successfully logging in, click on ‘Discover’ - On the Discover tab, you will find the ‘Invest in IPO’ section - Under the Invest in IPO section, look for the ‘SEDEMAC Mechatronics IPO’ tab and click on it - Now fill in all the required information, like ‘bid price’ and ‘lot size’ - Confirm and click on ‘Pre-Apply’ - Accept the mandate on your UPI app ### **How to apply for the SEDEMAC Mechatronics IPO?** If you are interested in this investment opportunity but unsure how to apply for the SEDEMAC Mechatronics IPO, here are the steps that you need to follow. When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the SEDEMAC Mechatronics IPO on Upstox: - Log in to your Upstox account, using your six-digit PIN - After logging in, click on ‘Discover’ - On the ‘Discover’ tab, you will find the ‘Invest in IPO’ section - Under the Invest in IPO section, look for the ‘SEDEMAC Mechatronics IPO’ tab and click on it - Now fill in all the required information, like ‘bid price’ and ‘lot size’ - Confirm and click on ‘Apply’ - Accept the mandate on your UPI app ### **How to check SEDEMAC Mechatronics IPO Allotment Status**? When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally completed on the next working day after an IPO closes. Here’s a step-by-step guide on how to check the SEDEMAC Mechatronics IPO allotment status: - Login to your Upstox account, using your six-digit PIN - After logging in, click on ‘Discover’ - On the ‘Discover’ page, you will find the ‘Invest in IPO’ section - Under the Invest in IPO section, you will find the ‘View all’ option - Once you click on ‘View all’, you will be directed to the ‘IPO’ tab - In the ‘IPO’ tab, click on ‘My applications’ - In ‘My applications’, under the History section, your SEDEMAC Mechatronics IPO allotment status will be mentioned.

GMP trend (Grey Market Premium by date)

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   04 Mar 2026

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   06 Mar 2026

   Last day to place your bid

3. Basis of Allotment

   Completed
   09 Mar 2026

   Share allotment finalised

4. Refund Initiation

   Completed
   10 Mar 2026

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   10 Mar 2026

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   11 Mar 2026

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.