Ahmedabad: SEDEMAC Mechatronics Limited proposes to open an initial public offering of its equity shares of face value ₹10 each on Wednesday, March 4, 2026. The Anchor Investor Bidding Date is one working day before the Bid/Offer Opening Date, being Monday, March 2, 2026. The Bid/Offer Closing Date is Friday, March 6, 2026, a press release said.

According to the company, the price band of the offer has been fixed at ₹1,287 per equity share of face value ₹10 each to ₹1,352 per equity share of face value ₹10 each. Bids can be made for a minimum of 11 equity shares of face value ₹10 each and in multiples of 11 equity shares thereafter.

Founded in 2007 by four IIT Bombay engineers, SEDEMAC Mechatronics has grown into a globally deployed control technology company and is among the few Indian-origin suppliers to repeatedly deliver scalable, breakthrough innovations in automotive and industrial electronics.

The company is a leading supplier of control-intensive Electronic Control Units (ECUs) to major OEMs across India, the United States, and Europe. With fully in-house proprietary control technology capabilities, SEDEMAC serves two- and three-wheelers, electric vehicles, and generator applications.

Strategically, the company is expanding into commercial vehicles and the power tools segment, with successful proof-of-concept demonstrations in sensorless motor control and ongoing development of ECUs for commercial vehicle platforms—positioning it for the next phase of growth, the statement added.

The equity shares of the company are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited.

ICICI Securities Limited, Avendus Capital Private Limited, and Axis Capital Limited are the Book Running Lead Managers to the offer.