IPO Details

Vivid Electromech IPO

Vivid Electromech Limited

Vivid Electromech logo
SME IPO
₹1,26,720

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Vivid Electromech Limited

Industry / Sector: Electrical Equipment / LV & MV Panels and Automation Systems

Founded Year: 1990

Promoters: Mr. Sameer Vishvanath Attavar, Mrs. Meeta Sameer Attavar

Incorporated in 1990, Vivid Electromech Limited is a manufacturer of Low Voltage (LV) and Medium Voltage (MV) electrical panels and automation systems. The company provides end-to-end solutions covering engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems for power distribution, load management, process control, and industrial automation. It caters to sectors including data centres & technology, infrastructure, metro projects, construction & real estate, solar & renewable energy, and industrial manufacturing. The company has two manufacturing facilities in Maharashtra (Navi Mumbai and Pune) and holds ISO 9001:2015 certification. As of Sep 30, 2025, it had 252 employees.

IPO Basic Details

Company NameVivid Electromech Limited
IPO TypeSME IPO
Price Band₹528 – ₹555
Lot Size240
Total Issue Size₹130.54 Cr (23,52,000 shares)

IPO Strengths & Risks

Strengths

  • Integrated manufacturing facilities
  • Diverse product portfolio with wide applications
  • Growing presence in data centre segment
  • Strategic partnerships with leading brands
  • Commitment to quality control and safety
  • Experienced promoters and senior management

Risks

  • Quantum jump in bottom lines raises sustainability concerns
  • Aggressively priced based on recent financial data
  • Small post-IPO equity base indicates longer gestation for mainboard migration

IPO Important Dates

IPO Open Date25 Mar 2026
IPO Close Date30 Mar 2026
Basis of Allotment01 Apr 2026
Refund Initiation06 Apr 2026
Demat Credit Date06 Apr 2026
Listing Date07 Apr 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – Remaining amount

Investor Reservation

QIB Quota47.37% (incl. Anchor 28.42%)
Retail Quota33.27%
HNI Quota14.33%
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum2 lots480₹2,66,400
Retail Maximum2 lots480₹2,66,400
S-HNI Minimum3 lots720₹3,99,600
S-HNI Maximum---
B-HNI Minimum8 lots1920₹10,65,600

Key Performance Indicators (KPI)

ROE29.29% (Sep 30, 2025) / 117.61% (Mar 31, 2025)
ROCE25.67% (Sep 30, 2025) / 87.34% (Mar 31, 2025)
RoNWN/A
PAT Margin13.38% (Sep 30, 2025) / 13.04% (Mar 31, 2025)
EBITDA Margin19.13% (Sep 30, 2025) / 18.28% (Mar 31, 2025)
EPS₹28.90 (pre-IPO)
NAV per share-
Debt to Equity0.38 (Sep 30, 2025) / 0.15 (Mar 31, 2025)
P/E Ratio19.2x (pre-IPO) / 24.37x (post-IPO)
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
31 Mar 2023₹55.14 Cr₹59.63 Cr₹0.06 Cr₹1.76 Cr₹2.38 Cr₹6.47 Cr
31 Mar 2024₹62.38 Cr₹89.55 Cr₹4.28 Cr₹7.18 Cr₹6.98 Cr₹4.77 Cr
31 Mar 2025₹115.30 Cr₹155.77 Cr₹20.24 Cr₹28.39 Cr₹27.45 Cr₹4.23 Cr
30 Sep 2025₹119.62 Cr₹70.89 Cr₹9.44 Cr₹13.50 Cr₹37.03 Cr₹14.17 Cr

Grey Market Premium

GMP Price₹0 (flat)
Kostak RateN/A
Subject to SaudaN/A
Last UpdatedMar 2026
Estimated Listing Price₹555 (flat expected)

IPO Subscription Data

Total Subscription1.06x (as of latest update)
QIB (Ex Anchor)1.95x
HNI SubscriptionN/A
Retail Subscription0.36x
Anchor-

IPO Intermediaries

Registrar: MUFG Intime India Pvt. Ltd.

Registrar Website: https://in.mpms.mufg.com

IPO Lead Manager(s)

Hem Securities Ltd.

Company Information

Address: Plot No. A-173/7, T.T.C. Industrial Area, MIDC, Khairne, Navi Mumbai, Maharashtra 400710

Website: https://vividgroup.in/

Email: cs@vividgroup.in

Phone: +91 22 6817 5555

IPO Documents

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