SEDEMAC IPO delivers massive returns for early investors. The deeptech company's public listing on March 11 saw venture capital firm A91 Partners secure ₹325 crore by selling shares, marking a 3.6X return on investment. However, Infosys cofounder Nandan Nilekali's family office NRJN Family Trust achieved the highest gain at 14.2X on its initial investment, offloading shares worth ₹141 crore. Other major winners included Xponentia Capital Partners with 3.8X returns and Mace Group also posting 3.8X gains. IIT Bombay's incubation center SINE exited completely, gaining ₹55 crore. The company was valued at ₹5,970 crore at the IPO's upper price band, with most early investors posting over 3X gains, demonstrating strong returns from deeptech investments in India's startup ecosystem.
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