Sedemac Mechatronics IPO Bidding Closes: Subscribed 2.68x – Latest GMP Details

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Sedemac Mechatronics IPO Subscribed 2.68 Times on Final Day; GMP Flat

Sedemac Mechatronics IPO sees robust subscription in primary market.

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Moneycontrol•06-03-2026, 18:01

Sedemac Mechatronics IPO Subscribed 2.68 Times on Final Day; GMP Flat

•Sedemac Mechatronics IPO received 2.68 times subscription on its final bidding day.
•Qualified Institutional Buyers (QIBs) category subscribed 8.46 times, while non-institutional investors saw 77% and Retail Individual Investors (RIIs) got 20%.
•The Rs 1,087-crore IPO had a price band of Rs 1,287 to Rs 1,352 per share, valuing the company at close to Rs 6,000 crore.
•The company garnered Rs 326 crore from anchor investors; its shares commanded a flat GMP in the unofficial market.
•IPO allotment is expected by March 9, with shares proposed to list on March 11.

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