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Deeptech company SEDEMAC Mechatronics’ shares made a positive debut on the bourses today, listing at a premium of 13.5% to the issue price on the NSE. The stock opened at ₹1,535 as against the issue price of ₹1,352 per share.

On the BSE, the stock got listed at ₹1,510. This was a premium of 11.7% to the issue price.

At 10:10 IST, the stock was trading at ₹1581.6 on the BSE and ₹1,581. 4 on the NSE. The company’s market capitalisation stood at ₹6,979.5 Cr (about $759 Mn).

The IPO valued SEDEMAC at about ₹5,970 Cr (about $657 Mn) at the upper end of the price band of ₹1,287 to ₹1.352 per share.

The IPO only comprised an offer-for-sale (OFS) component of 80.43 Lakh shares, helping early investors net a cumulative ₹1,087 Cr from the issue. The public issue was oversubscribed 2.68X, getting bids for 1.51 Cr shares against 56.32 Lakh shares on offer.

SEDEMAC also raised ₹325.89 Cr from anchor investors like HDFC Mutual Fund, ADIA, Goldman Sachs and Invesco by allotting 24.10 Lakh equity shares.

Early investors like Xponentia Capital Partners, Mace Group, IIT-Bombay’s SINE, 360 One, HDFC Life Insurance, among others, offloaded their holdings in SEDEMAC through the IPO. While A91 Partners netted the highest return at ₹325 Cr, Infosys cofounder Nandan Nilekani’s family office NRJN Family Trust made the highest gains at a 14.2X return on investment.

Founded in 2007 by IIT-B professor Shashikanth Suryanarayana and his students Pushkaraj Panse, Manish Sharma and Amit Dixit, SEDEMAC designs and manufactures electronic control systems for mobility and industrial applications. The mobility segment brings in nearly 86% of SEDEMAC’s revenue.

The company reported a net profit of ₹71.4 Cr in the first nine months of the current financial year (9M FY26). Operating revenue for the period under review stood at ₹770.66 Cr, while it reported total expenses at ₹667 Cr.

In the full fiscal year 2025, its net profit surged 8X YoY to ₹47.1 Cr, while operating revenue increased 24% to ₹658.4 Cr.

With its debut on the bourses today, SEDEMAC became the fifth new-age tech company to go public in the first three months of 2026, joining Fractal Analytics, Aye Finance, Amagi and Shadowfax.

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