Sedemac Mechatronics IPO allotment today: Check status, GMP, listing details

The allotment status for the Sedemac Mechatronics IPO is expected to be finalised on Monday, March 9, with investors who bid for the issue now waiting to find out whether they have received shares. The Rs 1,087 crore IPO attracted moderate demand overall, though institutional investors showed strong interest. Grey market signals ahead of listing suggest a muted debut, with the stock commanding a premium of around 2% over its issue price.

If this trend holds, Sedemac shares could list slightly above the upper end of the price band of Rs 1,352 when they debut on the National Stock Exchange of India and BSE on March 11.

How to check Sedemac Mechatronics IPO allotment status

Investors can check their allotment status online through the registrar’s website or through the stock exchanges.

On the registrar website

Visit https://www.mufgintime.com/ipo/

Select Sedemac Mechatronics from the dropdown menu.

Enter your PAN or application number and click Submit to view the allotment status.

On the BSE website (https://www.bseindia.com/investors/appli_check.aspx)

Choose Equity, select Sedemac Mechatronics and enter your application number or PAN.

You will then be able to see whether shares have been allotted to you.

If shares are allotted, they will be credited to investors' demat accounts on March 10. Refunds for unsuccessful applicants are also expected to be initiated on the same day.

Grey market premium and listing outlook

The grey market premium (GMP) for Sedemac Mechatronics shares is currently around 2%, indicating limited listing gains. Based on the issue price of Rs 1,352, this implies a potential listing price of around Rs 1,380 if the premium sustains.

However, grey market premiums are unofficial indicators and tend to fluctuate depending on broader market sentiment. Recent volatility in equity markets and geopolitical tensions have also dampened enthusiasm for new listings.

Subscription details

The IPO was subscribed 2.68 times overall by the time it closed on March 6, with institutional investors driving most of the demand. The qualified institutional buyer (QIB) portion was subscribed 8.46 times, while the employee category saw demand of nearly 2.95 times.

In contrast, retail and high-net-worth investor participation remained subdued. The retail category was subscribed 20%, while the non-institutional investor portion was subscribed 77%.

Before the public issue opened, the company had raised Rs 326 crore from anchor investors on March 2.

Company overview

Sedemac Mechatronics, incorporated in 2007 and based in Pune, is a technology company focused on control electronics for automotive and industrial applications.

The company designs and manufactures products such as powertrain controllers, motor control units and integrated starter-generator solutions. Its technology includes patented sensor-less motor control systems that enable precise control without external sensors.

Sedemac supplies electronic control units and related components used in two-wheelers, three-wheelers, electric vehicles, small commercial vehicles and industrial generators. Its flagship products include integrated starter-generator ECUs, electronic fuel injection controllers and motor controllers for electric mobility applications.

Financial performance

The company has reported strong growth in recent years. For the nine months ended December 2025, Sedemac reported revenue of Rs 775 crore and a profit after tax of Rs 71.5 crore.

In FY25, the company recorded revenue of Rs 662 crore and a net profit of Rs 47 crore, compared with revenue of Rs 536 crore and profit of Rs 5.88 crore in FY24.