Sedemac Mechatronics block deal: HDFC Life, A91 to offload 10% stake worth Rs 1,329 crore
Sedemac Mechatronics may see a block deal of up to 44.3 lakh shares, representing 10% equity, as investors seek approximately Rs 1,329 crore. The reported Rs 3,000 floor price is below Wednesday’s close, with shares subject to a 60-day lock-in.
By Kumar Gaurav, ETMarkets.com |
ETMarkets.com
Sedemac Mechatronics investors may offload 10% stake worth Rs 1,329 crore through a block deal, with shares offered at a reported discount.
Original equipment manufacturer (OEM)-focused electronics supplier Sedemac Mechatronics is likely to see a block deal, with investors including A91 Emerging Fund, Xponentia Opportunities Fund and HDFC Life Insurance, among others, looking to offload up to 44.3 lakh shares, according to reports.
The proposed transaction represents around 10% of the company's equity and could help investors get approximately Rs 1,329 crore. The reported floor price for the block deal has been set at Rs 3,000 per share, which could represent a discount of up to 1.2% to Sedemac Mechatronics' prevailing market price. The shares are also expected to be subject to a 60-day lock-in on further sale.
Sedemac Mechatronics share price
Sedemac Mechatronics shares finished Wednesday's trading session at Rs 3,052.50 apiece, gaining 0.63% from the previous close of Rs 3,033.40 on the BSE.
During the session, the stock traded in a range of Rs 2,970.05 to Rs 3,080 on the BSE.
At the reported floor price of Rs 3,000, the proposed block deal would be priced roughly 1.7% below Wednesday's closing price.
Sedemac Mechatronics IPO and listing
Sedemac Mechatronics made its stock-market debut on March 11, 2026, following the completion of its initial public offering (IPO), through which the company raised Rs 1,087.45 crore.
The company's shares were listed on the NSE at Rs 1,535 per share, representing a 13.5% premium over the IPO issue price of Rs 1,352. On the BSE, the stock opened at Rs 1,510, a gain of 11.7% over the issue price.
At Wednesday's closing price of Rs 3,052.50, the stock has gained around 126% from its IPO issue price, meaning it has more than doubled since its listing.
About Sedemac Mechatronics
Sedemac Mechatronics is a supplier of control-intensive, application-critical electronic control units (ECUs) to leading original equipment manufacturers (OEMs) across the mobility and industrial markets in India, the United States and Europe.
The company says a majority of its revenue from operations comes from products incorporating novel control technologies developed entirely in-house. These proprietary technologies are designed to provide differentiated solutions and value to end users and OEM customers.
The company has a market capitalization of Rs 13,491.29 crore on the BSE.
Disclosure: This article has been written by Kumar Gaurav, who is not a SEBI-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here
The proposed transaction represents around 10% of the company's equity and could help investors get approximately Rs 1,329 crore. The reported floor price for the block deal has been set at Rs 3,000 per share, which could represent a discount of up to 1.2% to Sedemac Mechatronics' prevailing market price. The shares are also expected to be subject to a 60-day lock-in on further sale.
Sedemac Mechatronics share price
Sedemac Mechatronics shares finished Wednesday's trading session at Rs 3,052.50 apiece, gaining 0.63% from the previous close of Rs 3,033.40 on the BSE.
During the session, the stock traded in a range of Rs 2,970.05 to Rs 3,080 on the BSE.
At the reported floor price of Rs 3,000, the proposed block deal would be priced roughly 1.7% below Wednesday's closing price.
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Sedemac Mechatronics IPO and listing
Sedemac Mechatronics made its stock-market debut on March 11, 2026, following the completion of its initial public offering (IPO), through which the company raised Rs 1,087.45 crore.
The company's shares were listed on the NSE at Rs 1,535 per share, representing a 13.5% premium over the IPO issue price of Rs 1,352. On the BSE, the stock opened at Rs 1,510, a gain of 11.7% over the issue price.
At Wednesday's closing price of Rs 3,052.50, the stock has gained around 126% from its IPO issue price, meaning it has more than doubled since its listing.
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About Sedemac Mechatronics
Sedemac Mechatronics is a supplier of control-intensive, application-critical electronic control units (ECUs) to leading original equipment manufacturers (OEMs) across the mobility and industrial markets in India, the United States and Europe.
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The company says a majority of its revenue from operations comes from products incorporating novel control technologies developed entirely in-house. These proprietary technologies are designed to provide differentiated solutions and value to end users and OEM customers.
The company has a market capitalization of Rs 13,491.29 crore on the BSE.
Disclosure: This article has been written by Kumar Gaurav, who is not a SEBI-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here
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