Allotment

Vivid Electromech is launching an IPO worth ₹130.54 crores through a book-building process. The issue comprises a fresh issue of 0.19 crore shares amounting to ₹104.56 crores, along with an offer for sale of 0.05 crore shares totaling ₹25.97 crores.
The IPO will open for subscription on March 25, 2026, and close on March 30, 2026. The allotment is expected to be finalized on April 1, 2026, and the shares are likely to be listed on the NSE SME platform on April 6, 2026.
The price band for the issue has been set between ₹528 and ₹555 per share. Investors need to apply in lots of 240 shares. For retail investors, the minimum investment is 2 lots (480 shares), which comes to ₹2,66,400 at the upper price band. For HNI investors, the minimum application size is 3 lots (720 shares), requiring an investment of ₹3,99,600.
Hem Securities Ltd. is acting as the book running lead manager for the issue, while MUFG Intime India Pvt. Ltd. has been appointed as the registrar.
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| IPO Date | 6 Apr |
| IPO Listing Date | 6 Apr |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹555.00 |
| IPO Issue Size | 23,52,000 shares |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 70,03,800 shares |
| IPO Open Date | 25 Mar |
| IPO Close Date | 30 Mar |
| IPO Allotment (Tentative) | 1 Apr |
| Refunds | 2 Apr |
| Credit to Demat Account | 2 Apr |
| IPO Listing Date | 6 Apr |
| Category | Offer |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| NII (HNI) Shares Offered | Not less than 35% of the Offer |
| Retail Shares Offered | Not less than 15% of the Offer |
Investors can place bids starting from a minimum of 480 shares, and applications must be made in multiples of 240 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 480 | ₹2,66,400 |
| Individual investors (Retail) (Max) | 2 | 480 | ₹2,66,400 |
| S-HNI (Min) | 3 | 720 | ₹3,99,600 |
| S-HNI (Max) | 7 | 1,680 | ₹9,32,400 |
| B-HNI (Min) | 8 | 1,920 | ₹10,65,600 |
Incorporated in 1990, Vivid Electromech Ltd. specializes in manufacturing Low-Voltage (LV) and Medium-Voltage (MV) electrical panels along with automation systems. The company focuses on panel manufacturing and system integration, delivering end-to-end electrical and automation solutions that include engineering, design, fabrication, assembly, testing, and commissioning.
Its products are designed for applications such as power distribution, load management, process control, and industrial automation across a wide range of industries. The company manufactures various 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 and Units, and Outdoor Panels.
Vivid Electromech serves multiple sectors such as data centers and technology, infrastructure, metro projects, construction and real estate, solar and renewable energy, and industrial manufacturing. This diversified sector presence helps the company cater to varied demand streams.
The company’s key strengths include its integrated manufacturing facilities, a diverse product portfolio with broad geographic reach, and a growing presence in the data centre segment. It also benefits from strategic partnerships with leading brands, a strong focus on quality control and safety, and the experience of its promoters and senior management team.
| Assets | 115.3 | 62.38 | 55.14 |
| Total Income | 155.77 | 89.55 | 59.63 |
| Profit After Tax | 20.24 | 4.28 | 0.06 |
| EBITDA | 28.39 | 7.18 | 1.76 |
| Net Worth | 27.45 | 6.98 | 2.38 |
| Reserves and Surplus | 38.29 | 18.05 | 14.94 |
| Total Borrowing | 4.23 | 4.77 | 6.47 |
| ROE | 117.61% |
| ROCE | 87.34% |
| Debt/Equity | 0.15 |
| RoNW | 73.76% |
| PAT Margin | 13.04% |
| EBITDA Margin | 18.28% |
| Price to book value | 14.16 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 47.88 |
| 2 | To meet out the expenses of Working Capital Requirement | 40 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Vivid Electromech Ltd. Address
Plot No. A-173/7,
T.T.C Industrial Area,
MIDC, Kharine,
Navi Mumbai, Maharashtra, 400710
+022-68175555
cs@zelioebikes.com
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
vividelectromech.smeipo@in.mpms.mufg.com
https://in.mpms.mufg.com/Initial_Offer/public-issues.html