IPO momentum in India strengthened as Sedemac Mechatronics filed a 100% offer-for-sale issue, while SaaS firm Excelsoft Technologies prepared a ₹500 crore public offering. Sedemac, known for engine control systems, is expected to draw interest from industrial and automotive investors. Excelsoft’s IPO includes a combination of fresh issuance and OFS, targeting expansion of its learning and assessment technology business. Market analysts said the dual filings reflect growing risk appetite and a favorable window for companies in both industrial automation and enterprise software segments.