Sedemac Mechatronics Limited has officially filed its Draft Red Herring Prospectus (DRHP) with SEBI, signaling its intention to enter the public markets. The move comes as the company continues to strengthen its position in the specialised world of electronic control systems.
Sedemac isn’t a consumer-facing brand, but its technology sits quietly at the heart of many familiar machines. The company designs and supplies high-performance electronic control units (ECUs) used by major OEMs in India, the U.S. and Europe. What sets Sedemac apart is that most of its products are built on homegrown, proprietary control technologies — a factor that has helped it stand out in a highly technical industry.
The upcoming IPO will be a 100% Offer for Sale, with shareholders selling up to 8,043,300 equity shares. No fresh capital will be raised for the company.
Over the years, Sedemac has shown consistent financial expansion. Revenue from operations for the quarter ending June 30, 2025 stood at ₹2,173.57 million, while FY25, FY24 and FY23 revenues came in at ₹6,583.63 million, ₹5,306.53 million and ₹4,230.28 million respectively. Profit numbers tell a similar story, rising from ₹85.73 million in FY23 to ₹470.45 million in FY25.
The company also holds notable industry distinctions. According to a CRISIL report, Sedemac was the first in India to create sensorless commutation-based Integrated Starter Generator ECUs for two- and three-wheelers — a segment where it now controls around 30% of the domestic market. In genset controllers, Sedemac’s dominance is even greater: over 75% share in India, and 14% globally.
For the IPO, ICICI Securities, Avendus Capital, and Axis Capital will act as the book-running lead managers.
