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Tech and industrial IPO activity rises as Sedemac and Excelsoft file new offerings
Sedemac filed a full OFS IPO while Excelsoft prepared a ₹500 crore offering, signaling renewed momentum in India’s industrial and SaaS public market pipeline.
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.