Vivid Electromech IPO
GMP, Subscription, Price, Dates & Financial Details
Electric Equipment
Incorporated in 1990, Vivid Electromech Ltd. is a manufacturer specializing in low-voltage (LV) and medium-voltage (MV) electrical panels, along with advanced automation systems.The company operates in the fields of panel manufacturing and system integration, delivering comprehensive electrical and…
Open Date
Wed, 25 Mar 2026
Close Date
Mon, 30 Mar 2026
Price Band
₹ 528 – 555
Lot Size
240
Issue Size
₹ 130.54 Cr
Minimum Investment
₹ 266,400 (480 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Vivid Electromech IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹131 Crore, comprising a fresh issue of 18.84 Lakh equity shares aggregating to ₹104.56 Crore and an offer for sale (OFS) of 4.68 Lakh equity shares aggregating to ₹25.97 Crore by the existing shareholders.
The Vivid Electromech IPO remained open for subscription from March 25, 2026, to March 30, 2026. The basis of allotment was finalized on April 02, 2026, and the company's shares were listed on NSE SME Platform on April 07, 2026.
The company had fixed the price band at ₹528 to ₹555 per share, with a lot size of 240 shares. Retail investors were required to make a minimum investment of ₹266,400 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Hem Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Vivid Electromech Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Vivid Electromech IPO Timeline (Tentative)
- IPO Open Date
- Wed, 25 Mar 26
- IPO Close Date
- Mon, 30 Mar 26
- Basis of Allotment
- Thu, 02 Apr 26
- Initiation of Refunds
- Mon, 06 Apr 26
- Credit of Shares to Demat
- Mon, 06 Apr 26
- Listing Date
- Tue, 07 Apr 26 — NSE & BSE
Open Date
25 March 2026
Close Date
30 March 2026
Basis Of Allotment
02 April 2026
Listing Date
07 April 2026
IPO Subscription
Check Live Subscription →The Vivid Electromech IPO has received bids for 17,74,320 shares against 15,64,320 shares offered, resulting in an overall subscription of 1.13x. the NII category is subscribed 1.85x, Retail Investors 0.36x, and QIBs 1.95x. Within the NII category, BNII is subscribed 2.64x, while SNII is subscribed 0.28x.
QIB
1.95x
NII
1.85x
BNII
2.64x
SNII
0.28x
RII
0.36x
Total
1.13x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 7,82,400 shares, representing 50.02% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,46,400 shares (28.54%), while Non-Institutional Investors (NIIs) receive 3,35,520 shares (21.45%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 446,400 | 28.54% |
| Non-Institutional | 335,520 | 21.45% |
| BNII | 223,680 | 14.3% |
| SNII | 111,840 | 7.15% |
| Retail Investors | 782,400 | 50.02% |
| Total | 1,564,320 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 119.62 | 115.3 | 62.38 | 55.14 |
| Revenue | 70.89 | 155.77 | 89.55 | 59.63 |
| Profit After Tax | 19.44 | 20.24 | 4.28 | 0.06 |
| Net Worth | 37.03 | 27.45 | 6.98 | 2.38 |
| Reserve & Surplus | 44.23 | 38.29 | 18.05 | 14.94 |
| Total Borrowings | 14.17 | 4.23 | 4.77 | 6.47 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Vivid Electromech Limited KPI Information
| Particular | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 29.29 | 117.61 | 91.42 | 2.06 |
| ROCE % | 25.67 | 87.34 | 55.41 | 13.15 |
| Debt / Equity | 0.38 | 0.15 | 0.68 | 2.71 |
| RoNW % | 0 | 73.76 | 61.32 | 2.64 |
| Pat Margin % | 13.38 | 13.04 | 4.81 | 0.11 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Vivid Electromech Ltd | 10 | 0 | 28.9 | 28.9 | 73.76 | 39.19 |
| Shivalic Power control Ltd | 10 | 13.26 | 5.5 | 5.5 | 11.15 | 49.34 |
| Marine Electrical (India) Ltd | 2 | 62.09 | 2.83 | 2.81 | 9.34 | 30.3 |
About Vivid Electromech Limited
Incorporated in 1990, Vivid Electromech Ltd. is a manufacturer specializing in low-voltage (LV) and medium-voltage (MV) electrical panels, along with advanced automation systems.
The company operates in the fields of panel manufacturing and system integration, delivering comprehensive electrical and automation solutions. Its services span the entire project lifecycle, including engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems.
Vivid Electromech’s solutions are designed to support critical applications such as power distribution, load management, process control, and industrial automation across a wide range of industries.
Product Portfolio
The company offers an extensive range of LV electrical panels, including:
- Power Control Centre (PCC) Panels
- Intelligent Motor Control Centre (IMCC) Panels
- Soft Starter Panels
- Drawout Motor Control Centre (MCC) Panels
- DG Synchronisation Panels
- Power Distribution Boards (PDBs) and Units
- Outdoor Panels
Industry Applications
Vivid Electromech serves diverse sectors, including:
- Data Centres & Technology
- Infrastructure Projects
- Metro & Urban Transit
- Construction & Real Estate
- Solar & Renewable Energy
- Industrial Manufacturing
Vivid Electromech IPO Promoters
- Sameer Vishvanath Attavar
- Meeta Sameer Attavar
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
0.00%
Vivid Electromech IPO Objective
The Company Vivid Electromech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the capital expenditure requirements towards setting up of a new manufacturing unit
- Repayment of certain borrowings availed by the Company
- To meet working capital requirements of our Company
- General Corporate Purpose
Vivid Electromech Limited Address / Contact Details
Vivid Electromech Ltd.
Plot No. A-173/7,
T.T.C Industrial Area,
MIDC, Kharine,
Navi Mumbai, Maharashtra, 400710
Phone: +022-68175555
Email: cs@zelioebikes.com
Website: https://vividgroup.in/
IPO Snapshot
Vivid Electromech IPO Lot Size
The Vivid Electromech IPO has a lot size of 240 shares. Retail investors require a minimum investment of ₹2,66,400 by applying for 2 lot (480 shares). The maximum application allowed for the retail category is 2 lots (480 shares), requiring an investment of ₹2,66,400.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 480 | 266,400.00 |
| Retail (Max) | 2 | 480 | 266,400.00 |
| S-HNI (Min) | 3 | 720 | 399,600.00 |
| S-HNI (Max) | 7 | 1,680 | 932,400.00 |
| B-HNI (Min) | 8 | 1,920 | 1,065,600.00 |
Issue Reservation
- QIB — 28.54%
- NII — 21.45%
- RII — 50.02%
Book Running Lead Managers
- Hem Securities Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Vivid Electromech IPO?
Vivid Electromech IPO is a Book-building IPO with a total issue size of ₹130.54 crore. The Vivid Electromech IPO price band is ₹528 to 555 per share. The Vivid Electromech IPO subscription opens on Wed, Mar 25, 2026, and closes on Mon, Mar 30, 2026. The Vivid Electromech IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Vivid Electromech IPO.
When will the Vivid Electromech IPO open for subscription?
The Vivid Electromech IPO opens on Wed, Mar 25, 2026 and closes on Mon, Mar 30, 2026
What is Vivid Electromech IPO Price Band?
Vivid Electromech IPO Price Band is ₹528 to 555 per share.
What is Vivid Electromech IPO Lot Size?
Vivid Electromech IPO lot size is 240 shares, Retail investors need a minimum investment of ₹266400 based on the upper price band
What is the minimum investment for Vivid Electromech IPO?
The minimum investment for Vivid Electromech IPO is ₹266400, based on one lot of 240 shares at the upper price band of ₹555 per share.
How to apply for Vivid Electromech IPO?
Investors can apply for the Vivid Electromech IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Mar 30, 2026. The application amount remains blocked until the Vivid Electromech IPO allotment is finalized.
What is Vivid Electromech IPO Issue Size?
Vivid Electromech IPO issue size is ₹130.54 crores.
What is the Vivid Electromech IPO Allotment Date?
Vivid Electromech IPO allotment date is Thu, Apr 2, 2026.
Who is the Vivid Electromech IPO Registrar?
The registrar for Vivid Electromech IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Vivid Electromech IPO allotment status, refund processing, and other IPO-related information.
Who is the Vivid Electromech IPO Lead Manager?
The book-running lead managers (BRLMs) for the Vivid Electromech IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Vivid Electromech IPO Red Herring Prospectus (RHP).