Mumbai, March 4 -- Sedemac Mechatronics received bids for 15,00,510 shares as against 56,32,899 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (04 March 2026). The issue was subscribed 0.27 times.

The issue opened for bidding on 04 March 2026 and it will close on 06 March 2026. The price band of the IPO is fixed between Rs 1,287 and 1,352 per share. An investor can bid for a minimum of 11 equity shares and in multiples thereof.

The issue comprises only the offer for sale of 8043300 equity shares [of which the promoters is 112500 equity shares and the balance by investor selling shareholders]. The object of the issue is providing an exit option for ISS by listing equity shares in the exchange.

Sedemac Mechat...