SEDEMAC Mechatronics IPO: Issue receives tepid response on Day 01, subscribed 0.27 times

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SEDEMAC Mechatronics IPO opened on March 04, receiving a modest response with 0.27 times subscription. It aims to raise ₹1,087.45 crore through an offer for sale of 0.80 crore shares priced between ₹1,287– ₹1,352 each. Listing expected on March 11.