Stay updated with the latest breaking news, headlines, and in-depth stories from The Capital Today.

Get In Touch

Sedemac Mechatronics share price up Rs 100 in debut session

Summary

Sedemac Mechatronics shares listed with a premium of 13.5 per cent against the issue price of Rs 1,352.

Sedemac Mechatronics share price up Rs 100 in debut session
Sedemac Mechatronics share price up Rs 100 in debut session

Sedemac Mechatronics Share Price: Shares of Sedemac Mechatronics Ltd, a powertrain controls and auto parts manufacturer, on Wednesday (March 11, 2026) closed Rs 100.10 or 7.40 per cent higher on the BSE post positive listing.

Sedemac Mechatronics commanded a market cap of Rs 6,412.69 crore, according to BSE data.

Earlier in the morning, Sedemac Mechatronics shares listed with a premium of 13.5 per cent against the issue price of Rs 1,352. The stock started trading at Rs 1,510, registering a jump of 11.68 per cent from the issue price on the BSE. Later, it surged 19.34 per cent to Rs 1,613.50.

At the NSE, the stock listed at Rs 1,535, a premium of 13.53 per cent.

The initial public offering of Sedemac Mechatronics Ltd received 2.68 times subscription.

The Rs 1,087-crore IPO had a price band of Rs 1,287-1,352 per share.

The IPO was entirely an Offer For Sale (OFS) of up to 80,43,300 equity shares.

Since the public issue was completely an OFS, Sedemac Mechatronics will not receive any proceeds from the IPO.

Pune-based Sedemac Mechatronics is a supplier of control-intensive, critical-to-the-application electronic control units (ECU) to original equipment manufacturers (OEMs) in the mobility and industrial markets in India, the US, and Europe.

The company's customers included TVS Motor Company, Bajaj Auto, Kirloskar Oil Engines, Briggs and Stratton LLC, and DEIF India.

More from Markets