Pune-based deeptech firm Sedemac Mechatronics has officially set the stage for its stock market debut. The company has fixed its IPO price band at **Rs 1,287 to Rs 1,352** per share, aiming to raise **Rs 1,087.45 crore** at the upper end of the range. The subscription window will open on March 4 and close on March 6, 2026. This listing represents a historic milestone for Indian academia-led entrepreneurship. Founded in 2007 within a lab at IIT-Bombay, the company is led by Professor Shashikanth Suryanarayanan. His 16.16% stake is now valued at nearly **Rs 1,000 crore**. His former students and co-founders are also positioned for significant financial gains as the firm transitions to a public entity. The IPO is entirely an Offer for Sale (OFS) of **80.43 lakh shares**, meaning all proceeds will go to existing shareholders, including promoters and early investors like A91 Partners and the NRJN Family Trust. The company will command a post-listing market capitalization of approximately **Rs 5,913 crore**. Sedemac has demonstrated explosive financial growth. Its profit after tax surged by nearly **700%** in FY25, reaching **Rs 47.05 crore** compared to Rs 5.88 crore the previous year. Revenue for FY25 climbed to **Rs 658.36 crore**, up 24%. The momentum has continued into the current fiscal year, with the company reporting a profit of **Rs 71.4 crore** on revenue of **Rs 770.6 crore** for the nine months ending December 2025. The firm holds a dominant position in the control electronics sector. It currently maintains a **75% to 77% market share** in India for genset controllers. It is also a pioneer in sensor-less motor control technology, supplying critical electronic control units (ECUs) to major global and domestic manufacturers like TVS Motor Company and Bajaj Auto. This IPO arrives as India’s deeptech sector reaches a critical mass. Recent data shows that deeptech now accounts for **15%** of all private equity and venture capital activity in the country. New government regulations have also extended startup recognition for deeptech firms to **20 years**, providing a supportive long-term tailwind for innovation-driven companies like Sedemac. Investors can participate with a minimum lot size of **11 shares**, requiring an investment of **Rs 14,872**. The shares are scheduled to list on both the BSE and NSE on March 11, 2026.