New Delhi, March 6 -- SEDEMAC Mechatronics IPO Day 3: Sedemac Mechatronics, a producer of auto components and powertrain controls, started its public subscription on March 4 and will end on March 6. SEDEMAC Mechatronics IPO price band has been established between Rs.1,287 and Rs.1,352, which values the firm at around Rs.6,000 crore at the upper price band.

Before its initial public offering opened for public subscription, the company secured Rs.326 crore from anchor investors, as stated in an update from the exchange. Among the anchor investors listed in a notice published on the BSE website are Abu Dhabi Investment Authority, ICICI Prudential Mutual Fund, Nippon India Mutual Fund, Tata Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, and...