Cyril Amarchand Mangaldas (CAM), Trilegal and JSA advised on SEDEMAC Mechatronics’ INR 10.87 billion IPO.
The offering comprised an offer for sale of 8,043,300 equity shares with a face value of INR 10 each, aggregating to INR 10,873.50 million. The company’s equity shares were listed on the stock exchanges on March 11, 2026.
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.
Cyril Amarchand Mangaldas acted as legal counsel to SEDEMAC Mechatronics in connection with the IPO.
Trilegal advised the book-running lead managers — ICICI Securities Limited, Avendus Capital Private Limited and Axis Capital Limited.
The Trilegal capital markets team was led by partners Bhakta Patnaik and Brajendu Bhaskar, and comprised counsel Malika Grewal and associates Bhoomi Sandesara, Snehal Kaushal and Shraddha.
JSA acted as counsel to all the investor selling shareholders, including A91 Emerging Fund II LLP, Xponentia Opportunities Fund II, HDFC Life Insurance Company Limited, 360 One Monopolistic Market Intermediaries Fund and Society for Innovation and Entrepreneurship (IIT Bombay), in connection with the initial public offering of SEDEMAC Mechatronics Limited.
The JSA Capital Markets team was led by Madhurima Mukherjee Saha, Lead Partner, with support from Shivali Singh, Partner and Associates, Rachit Munjal and Tisa Padhy.
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