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The issue on third day ended with an oversubscription of 2.68X, where investors cumulatively bid for 1.51 Cr shares against 56.32 Lakh shares on offer
Qualified institutional buyers (QIB) continued to show the strongest interest in the public float, subscribing their quota by 8.46X
Prior to opening its IPO, SEDEMAC raised ₹325.89 Cr from anchor investors like HDFC Mutual Fund, ADIA, Goldman Sachs, Invesco, among others
Update | March 06, 19:45 IST
After a slow start,…
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![[Update] SEDEMAC IPO Closes With 2.68X Oversubscription](https://i0.wp.com/inc42.com/cdn-cgi/image/quality=90/https://asset.inc42.com/2026/03/SEDEMAC-social.jpg?w=1920&resize=1920,0&ssl=1 "[Update] SEDEMAC IPO Closes With 2.68X Oversubscription")
The issue on third day ended with an oversubscription of 2.68X, where investors cumulatively bid for 1.51 Cr shares against 56.32 Lakh shares on offer
Qualified institutional buyers (QIB) continued to show the strongest interest in the public float, subscribing their quota by 8.46X
Prior to opening its IPO, SEDEMAC raised ₹325.89 Cr from anchor investors like HDFC Mutual Fund, ADIA, Goldman Sachs, Invesco, among others
Update | March 06, 19:45 IST
After a slow start,…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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