Sedemac Mechatronics surged over 13% on its March 11, 2026, stock debut, exceeding its IPO price amid strong institutional demand.

Sedemac Mechatronics Ltd made a strong stock market debut on March 11, 2026, with shares surging over 13% on both the NSE and BSE, listing at ₹1,535 and ₹1,510 respectively, well above the IPO price of ₹1,352. The ₹1,087-crore offer-for-sale IPO was subscribed 2.68 times, driven by strong institutional demand—qualified buyers oversubscribed 8.46 times—while retail and non-institutional investors showed limited interest. The company, based in Pune and founded in 2007, specializes in automotive control systems, including sensorless motor and powertrain electronics, and reported strong financials with ₹775 crore in revenue and ₹71 crore in profit for the nine months ended December 2025. The stock reached a peak of ₹1,613.50 during the day, reflecting investor confidence in its niche technology and growth prospects in the electrification-driven automotive sector.