Vivid Electromech IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 528 – 555
Lot Size
240
Issue Size
₹131 Cr
Minimum Investment
₹266400 (480 Shares)
Listing Date
07 April 2026
Subscription
1.13x
About the Company
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
Promoters
- Sameer Vishvanath Attavar
- Meeta Sameer Attavar
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
0.00%
Objects of the Issue
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
Address / Contact Info
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
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 25 March 2026
IPO Close Date
Monday, 30 March 2026
Basis of Allotment
Thursday, 02 April 2026
Initiation of Refunds
Monday, 06 April 2026
Credit of Shares to Demat
Monday, 06 April 2026
Listing Date
Tuesday, 07 April 2026 — NSE & BSE
Important Dates
Open Date
25 March 2026
Close Date
30 March 2026
Basis Of Allotment
02 April 2026
Listing Date
07 April 2026
Financial Performance (₹ 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 |
EPS Pre
28.90%
EPS Post
22.78%
P/E Pre
19.20
P/E (Post Issue)
24.37x
Company Financial Information
KPI Information (₹ in Crores)
| 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 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 13.38 | 13.04 | 4.81 | 0.11 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 446400 | 28.54 | 0 |
| Non-Institutional | 335520 | 21.45 | 0 |
| BNII | 223680 | 14.3 | 0 |
| SNII | 111840 | 7.15 | 0 |
| Retail Investors | 782400 | 50.02 | 0 |
| Total | 1564320 | 100 | 0 |
Subscription Status ( Mon, 30 Mar 26 01:28 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 446400 | 868320 | 1.95x |
| Non-Institutional | 335520 | 620880 | 1.85x |
| BNII | 223680 | 589440 | 2.64x |
| SNII | 111840 | 31440 | 0.28x |
| Retail Investors | 782400 | 285120 | 0.36x |
| Total | 1564320 | 1774320 | 1.13x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Vivid Electromech Ltd | 10 | 0.00 | 28.90 | 28.90 | 73.76 | 39.19 |
| Shivalic Power control Ltd | 10 | 13.26 | 5.50 | 5.50 | 11.15 | 49.34 |
| Marine Electrical (India) Ltd | 2 | 62.09 | 2.83 | 2.81 | 9.34 | 30.30 |
Lot Size & Investment Details
| 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 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Hem Securities Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Vivid Electromech IPO is a Book-building IPO worth ₹131 crores. The price band is ₹528 to 555 per share. The IPO opens on Wed, Mar 25, 2026 and closes on Mon, Mar 30, 2026. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Vivid Electromech IPO opens on Wed, Mar 25, 2026 and closes on Mon, Mar 30, 2026
Vivid Electromech IPO Price Band is ₹528 to 555.
Vivid Electromech IPO lot size is 240, and the minimum amount required for application is ₹266400.
The minimum investment for Vivid Electromech IPO is approximately ₹266400 based on the upper price band.
To apply for the Vivid Electromech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Mar 30, 2026. After submission, funds are blocked until the basis of allotment of Vivid Electromech IPO is finalised.
Vivid Electromech IPO issue size is ₹131 crores.
Vivid Electromech IPO allotment date is Sat, Jun 27, 2026.
The registrar for Vivid Electromech IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Vivid Electromech IPO through their official website or helpline.