Pune: Sedemac Mechatronics IPO has moved a step forward as Sedemac Mechatronics Limited officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
The filing outlines the company’s plan to raise funds through a public offer that will consist entirely of an Offer for Sale.
Sedemac Mechatronics IPO Plans Detailed in DRHP
According to the DRHP, the Sedemac Mechatronics IPO will comprise a 100% Offer for Sale of up to 8,043,300 equity shares. The company will not receive any proceeds from the Offer for Sale, as all shares will be sold by existing shareholders.
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Sedemac Mechatronics is a leading designer and supplier of control-intensive electronic control units (ECUs) used in mobility and industrial applications.
Its customer base includes major original equipment manufacturers (OEMs) in India, the United States, and Europe. A significant share of its revenue comes from products that use novel control technologies conceived and developed entirely in-house.
Sedemac Mechatronics IPO: Business Overview and Market Position
The company has built a strong market presence, being the first in India to design and manufacture sensorless commutation (SLC) based integrated starter generator (ISG) ECUs for 2W and 3W internal combustion engine vehicles.
According to a CRISIL report, the company held around 30% of the domestic ISG ECU market (2W + 3W combined) by volume in Fiscal 2025 and ranked among the top four players.
In the genset controller (GC) segment, Sedemac is a clear market leader with a 75%+ share in India in Fiscal 2025. Globally, the company holds a 14% market share in genset controllers and EFI ECUs.
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Financial Performance Ahead of Sedemac Mechatronics IPO
Sedemac Mechatronics’ financial disclosures in the DRHP highlight steady growth:
- Revenue from operations:
- ₹2,173.57 million (3 months ended June 30, 2025)
- ₹6,583.63 million (Fiscal 2025)
- ₹5,306.53 million (Fiscal 2024)
- ₹4,230.28 million (Fiscal 2023)
- Profit for the period/year:
- ₹170.69 million (3 months ended June 30, 2025)
- ₹470.45 million (Fiscal 2025)
- ₹58.78 million (Fiscal 2024)
- ₹85.73 million (Fiscal 2023)
The company attributes the majority of its revenue to proprietary technologies developed internally, supporting its differentiated position in the global ECU market.
