A91 Partners, Xponentia, 360 One set for quick multiples from Sedemac Mechatronics IPO
A91 Partners, Xponentia, 360 One set for quick multiples from Sedemac Mechatronics IPO is drawing significant interest across the industry.
According to Sedemac’s red herring prospectus, A91 Partners invested nearly Rs 300 crore through primary and secondary transactions. The Mumbai-based investor, which currently owns around 18% stake in Sedemac, is offloading around 5% of the shares worth Rs 326 crore in the IPO, which is entirely an offer-for-sale.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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