This Deeptech Start-Up Founded by IIT Bombay Professor Is Planning a Rs 800 Cr IPO

Amid the start-up IPO buzz this year, a Pune-based auto parts manufacturer ‘Sedemac Mechatronics’ has started preparations to go public this year, according to a report published by MoneyControl. The start-up, incubated at the Indian Institute of Technology-Bombay (IIT-B), is expected to raise funds between Rs 800 crore and Rs 1,000 crore.

The report stated that many of its early investors were looking for the start-ups IPOs. Before public listing plans, Sedemac Mechatronics raised around $100 million from various investors including Xponentia Capital Partners, A91 Partners, and 360 ONE Asset.

And now for IPO expected to be launched at the end of 2025, the new-age company has begun conducting meetings with investment bankers and institutional funds, the report said. It added that the company has clocked revenue of Rs 650 crore and an EBITDA (earnings before interest, taxes, depreciation, and amortization) of Rs 120 crore in FY25.

Sedemac Mechatronics, derived from the principle of "Separating Decision Making from Actuation," embodies the essence of mechatronics—a technology that seamlessly integrates electronics and mechanical engineering.

The company was founded in 2007 by Shashikanth Suryanarayanan along with his students Pushkaraj Panse, Amit Dixit, and Manish Sharma.

Read More | Dalal Street Awaits Start-Up Frenzy, Over 25 IPOs Set for 2025

Over 25 IPOs Set for 2025 Debut

Indian start-ups are making new wave on Dalal Street amid IPO (Initial Public Offering) frenzy. This wave also sailed high in 2024 with the majority of the IPOs observing a successful listing. It is expected to soar higher as around 25 startups are expected to launch their IPOs in 2025.

These new-age businesses include Ather Energy, ArisInfra, boAt, Avanse, Aye Finance, Bluestone, Cardekho, Captain Fresh, DevX, Ecom Express and Fractal are eyeing to hit the Dalal street this year.

Read More | SEBI Tightens Rules over KPI Disclosure by Start-Ups Planning IPOs: Report 

Other firms which are expected to go pubic include Infra.market, a construction and supply chain platform; Shadowfax, a logistic company; trailblazer, an online jewellery business; Innoviti, Indiqube, Incred and Physics Wallah.

The primary reason behind the IPO optimism is healthy market activity and strong performance of previously listed start-ups. If all of these listings are successfully executed, it would mark the highest number of startup IPOs in a calendar year.