Mumbai, March 9 -- Sedemac Mechatronics received bids for 1,51,11,151 shares as against 56,32,899 shares on offer. The issue was subscribed 2.68 times.

The Qualified Institutional Buyers (QIB) category was subscribed 8.46 times, the Non-Institutional Investors category was subscribed 0.77 times and the Retail Individual Investors category was subscribed 0.20 times.

The issue opened for bidding on 04 March 2026 and it closed on 06 March 2026. The price band of the IPO is fixed between Rs 1,287 and 1,352 per share.

The issue comprised only an offer for sale of 80,43,300 equity shares (of which 1,12,500 were promoter equity shares, and the balance were offered by investor selling shareholders). The object of the issue was to provide an ex...