India, March 11 -- Deeptech company SEDEMAC Mechatronics' shares made a positive debut on the bourses today, listing at a premium of 13.5% to the issue price on the NSE. The stock opened at Rs.1,535 as against the issue price of Rs.1,352 per share.

On the BSE, the stock got listed at Rs.1,510. This was a premium of 11.7% to the issue price.

At 10:10 IST, the stock was trading at Rs.1581.6 on the BSE and Rs.1,581. 4 on the NSE. The company's market capitalisation stood at Rs.6,979.5 Cr (about $759 Mn).

The IPO valued SEDEMAC at about Rs.5,970 Cr (about $657 Mn) at the upper end of the price band of Rs.1,287 to Rs.1.352 per share.

The IPO only comprised an offer-for-sale (OFS) component of 80.43 Lakh shares, helping early investors net ...