Cyril Amarchand Mangaldas Advised SEDEMAC Mechatronics Limited On Rs. 10,873.50 Million IPO

Cyril Amarchand Mangaldas advised SEDEMAC Mechatronics Limited on Rs. 10,873.50 million IPO

The leading law firm in India, Cyril Amarchand Mangaldas acted as Indian legal counsel to SEDEMAC Mechatronics Limited on the initial public offer (IPO) of equity shares of face value of Rs. 10 each, comprising an offer for sale by existing shareholders, aggregating to Rs. 10,873.50 million, March 20, 2026, Mumbai. The Offer was priced at Rs. 1,352 per equity share and included a reservation for eligible employees of the Company. The equity shares commenced trading on BSE Limited and National Stock Exchange of India Limited on March 11, 2026.

Cyril Amarchand Mangaldas also advised certain selling shareholders, namely Manish Sharma (Promoter Selling Shareholder) and Ashwini Amit Dixit (Promoter Group Selling Shareholder), on Indian law aspects in relation to the Offer for Sale. The book running lead managers to the Offer were ICICI Securities Limited, Avendus Capital Private Limited, and Axis Capital Limited.

The Cyril Amarchand Mangaldas team was led by Manan Lahoty (Partner, Head – Capital Markets) and Anshul Roy (Partner), with support from Rishav Buxi (Principal Associate), Anuj Gupta, Niharika Payannavar, Hitesh Nagpal, Aditya Maheshwari, and Chinmay Jumde (Associates).

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