SEDEMAC IPO gains momentum on final day with 90% subscription. The deeptech company's initial public offering received bids for 50.44 lakh shares against 56.33 lakh on offer as of mid-day on the closing date. Qualified institutional buyers led demand, oversubscribing their quota 2.61 times with 41.99 lakh bids. Retail investors showed limited enthusiasm, subscribing only 14% of their allocation. SEDEMAC raised 325.89 crore from anchor investors including HDFC Mutual Fund, Goldman Sachs, and Invesco at the upper price band of 1,352 rupees per share. The company seeks a valuation of 5,970 crore at the upper end. SEDEMAC will become the fifth startup to list in 2026, with shares expected to debut on BSE on March 11. The deeptech firm designs electronic control systems for mobility and industrial applications.