Sedemac Mechatronics has confirmed the price band for its upcoming initial public offering (IPO) at Rs 1,287 to Rs 1,352 per share. The Pune-based technology firm aims to raise approximately Rs 1,087.45 crore through this issue. The bidding process is scheduled to open for public subscription on March 4, 2026, and will conclude on March 6, 2026. Prior to this, the anchor book for institutional investors will be active for one day on March 2. The entire issue is structured as an Offer for Sale (OFS) of 80.43 lakh equity shares. This means the company will not receive any proceeds from the sale; instead, the funds will go to the selling shareholders, including promoters Manish Sharma and Ashwini Amit Dixit, alongside major backers like A91 Partners and Catamaran Ventures. Sedemac is entering the public market at a valuation of approximately Rs 5,970 crore at the upper end of the price band. The company is a prominent manufacturer of powertrain controllers and electronic control units (ECUs), holding a market share of over 75 percent in India’s genset controller segment. Financial performance has shown a significant upward trajectory leading into the IPO. Revenue from operations climbed from Rs 423.03 crore in FY23 to Rs 658.36 crore in FY25. Even more notable is the profit growth, which surged nearly eightfold from Rs 5.88 crore in FY24 to Rs 47.05 crore in FY25. Current market conditions present a mixed backdrop for the debut. As of February 26, 2026, Indian benchmark indices have shown signs of consolidation. The Nifty 50 is hovering around the 25,450 level, while the BSE Sensex remains near 82,500. While the primary market has seen lower listing gains in 2026 compared to last year, the industrial electronics sector remains a point of interest for institutional buyers. The share allotment is expected to be finalized by March 9, with the tentative listing date on the BSE and NSE set for March 11, 2026. Retail investors can participate with a minimum application size of 11 shares, requiring an investment of Rs 14,872 at the cap price.