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Allotment

Vivid Electromech Limited

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.

Vivid Electromech Limited IPO & Charts
₹555

0%

Open

₹555

HIgh - Low

₹555

Previous Close

₹555

Total Traded Value

0

52 Weeks High

₹555

52 Weeks Low

₹555

Updates On

March 20, 2026

IPO. Open

Mar 25, 2026

IPO. Close

Mar 30, 2026

IPO. Price

₹555.00

IPO Market price

₹493.27 Cr

IPO Details

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 Timeline

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

IPO Reservation

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

IPO Lot Size

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
About Company

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.

Vivid Electromech Ltd. has demonstrated strong financial growth, with its revenue increasing by 74% between the financial year ending March 31, 2024 and March 31, 2025.

Company Financials (Consolidated)

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

Key Performance Indicator (KPI)

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 Objective

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) -

Contact Details

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

Home Page

Detail Registrar

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

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