A91 Partners, Xponentia Sell SEDEMAC Shares Via ₹1,456.4 Cr Bulk Deals

Shortly after the IPO lock-in expiry, institutional investors A91 Partners, Xponentia, NJRN Family Trust, and Mace Pvt Ltd offloaded shares of SEDEMAC worth ₹1,456.38 Cr via multiple bulk deals. A91 Partners, through A91 Emerging Fund II LLP, sold 16.10 Lakh shares at an average price of ₹3,010 each, earning ₹484.9 Cr. Xponentia sold 16.85 Lakh shares across three deals, netting ₹507.4 Cr.

Mace Private Limited offloaded 7.28 Lakh shares worth ₹219 Cr, while NJRN Family Trust sold 4.5 Lakh shares worth ₹135 Cr. HDFC Life Insurance sold 3.63 Lakh shares but bought back 4.02 Lakh shares. The shares went to various entities including the Government of Singapore, Amansa Holdings, Invesco Mutual Fund, SBI Mutual Fund, Monetary Authority of Singapore, T Rowe Price International Discovery Fund, among others.

This was the second instance of these investors reducing their SEDEMAC holding after the IPO earlier in the year. The IPO mainly saw an offer for sale (OFS) where SEDEMAC's investors sold 80.43 Lakh shares, earning a cumulative ₹1,087 Cr. Xponentia Capital Partners, Mace, IIT-Bombay's SINE, 360 One, HDFC Life Insurance, and others were among the selling shareholders in the IPO.

A91 Partners made the highest return at ₹325 Cr, while NJRN Family Trust had the highest gains at a 14.2X return on investment. SEDEMAC, founded in 2007, designs and manufactures electronic control systems for mobility and industrial applications, with the mobility segment accounting for 86% of its revenue. The company's Q1 FY27 net profit increased by 95.1% to ₹33.3 Cr, and operating revenue rose by 42.5% to ₹309.8 Cr, with shares ending the day 8.28% higher at ₹3,305.15 on the BSE.