SEDEMAC Mechatronics Limited has made an initial public offering of equity shares aggregating to ₹1,087.35 crore, which comprised an offer for sale of 8,043,300 equity shares.
Cyril Amarchand Mangaldas advises SEDEMAC on this IPO.
Trilegal advised the book running lead managers, ICICI Securities Limited, Avendus Capital Private Limited and Axis Capital Limited, on this IPO.
The transaction team was led by Bhakta Patnaik (Partner) and Brajendu Bhaskar (Partner), with support from Malika Grewal (Counsel) and Associates Bhoomi Sandesara, Snehal Kaushal and Shraddha S.
SEDEMAC Mechatronics is a supplier of control-intensive, critical-to-application electronic control units to leading original equipment manufacturers in the mobility and industrial markets across India, the United States and Europe. The company is also the first in India to develop, design and manufacture sensorless commutation-based integrated starter generator ECUs for two- and three-wheeler internal combustion engine powered vehicles.
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