Vivid Electromech IPO
Bookbuilding IPO | ₹131.00 Cr | Listing at NSE SME
IPO Open
Wed, Mar 25, 2026
IPO Close
Mon, Mar 30, 2026
Price Band
₹528.00 to ₹555.00
Market Cap (Pre-IPO)
₹493.27 Cr
IPO Details
| IPO Date | Mar 25, 2026 to Mar 30, 2026 |
| Listing Date | Tentative: Apr 06, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹528.00 to ₹555.00 |
| Lot Size | 240 Shares (Minimum: ₹133,200.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Issue Size | ₹131.00 Crores |
| Total Shares Offered | 2,352,000 shares |
| Fresh Issue | 1,884,000 shares |
| Offer For Sale | 468,000 shares |
Vivid Electromech IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Vivid Electromech IPO Lot Size
Investors can bid for a minimum of 480 shares and in multiples of 240 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 480 | ₹266,400 |
| Retail (Max) | 2 | 480 | ₹266,400 |
| S-HNI (Min) | 3 | 720 | ₹399,600 |
| S-HNI (Max) | 7 | 1,680 | ₹932,400 |
| B-HNI (Min) | 8 | 1,920 | ₹1,065,600 |
Vivid Electromech Financial Information (Restated Consolidated)
Vivid Electromech Ltd.'s revenue increased by 74% and profit after tax (PAT) rose by 373% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 115.30 | 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 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 117.61% |
| ROCE (Return on Capital Employed) | 87.34% |
| Debt/Equity | 0.15 |
| RoNW (Return on Net Worth) | 73.76% |
| PAT Margin (Profit After Tax Margin) | 13.04% |
| EBITDA Margin | 18.28% |
| Price to Book Value | 14.16 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 28.90 | 22.78 |
| P/E (x) | 19.20 | 24.37 |
| Promoter Holding | 99.99% | - |
Company Promoters
- Sameer Vishvanath Attavar and Meeta Sameer Attavar are the promoters of the company.
Company Overview
Vivid Electromech – Company Overview
- Incorporated in 1990, Vivid Electromech Ltd. is engaged in the manufacturing of Low-Voltage (LV) and Medium-Voltage (MV) electrical panels and automation systems, along with system integration services.
Product Segments
- LV Electrical Panels: PCC Panels, MCC Panels, IMCC Panels, Soft Starter Panels, DG Synchronisation Panels, Power Distribution Boards, and Outdoor Panels
- Automation & System Integration: End-to-end solutions including engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems
- The company’s products are widely used for power distribution, load management, process control, and industrial automation applications.
- It caters to diverse sectors such as data centres & technology, infrastructure, metro projects, construction & real estate, solar & renewable energy, and industrial manufacturing, focusing on delivering reliable, efficient, and customized electrical solutions.
Company Strengths
- Integrated Manufacturing Facilities
- Diverse Product Portfolio with Wide Geographic Reach
- Growing Presence in the Data Centre Segment
- Strategic Partnerships with Leading Brands
- Commitment to Quality Control and Safety
- Experienced promoters and senior management team
Use of Proceeds
| 1) | Funding the capital expenditure requirements towards setting up of a new manufacturing unit. | 47.88 |
| 2) | Repayment of certain borrowings availed by the Company | 9.75 |
| 3) | To meet working capital requirements of the Company | 40.00 |
| 4) | General Corporate Purpose |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Vivid Electromech IPO Peer Comparison
Vivid Electromech peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Vivid Electromech Ltd. | 28.90 | 28.90 | 39.19 | - | 73.76 | - | - |
| Shivalic Power Control Limited | 5.50 | 5.50 | 49.34 | 13.26 | 11.15 | 1.47 | - |
| Marine Electricals (india) Limited | 2.83 | 2.81 | 30.30 | 62.09 | 9.34 | 5.80 | - |
Quick Info
| Sector | electrical equipment manufacturing |
| Exchange | NSE SME |
| Market Cap (Pre-IPO) | ₹493.27 Cr |
Important Dates
| IPO Open | Mar 25, 2026 |
| IPO Close | Mar 30, 2026 |
| Allotment Date | Apr 01, 2026 |
| Credit to Demat | Apr 02, 2026 |
| Listing Date | Tentative: Apr 06, 2026 |
Lead Manager(s)
Hem Securities Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹130.54 crores.
- Issue Structure: Combination of a fresh issue of 0.19 crore shares (₹104.56 crores) and an offer for sale of 0.05 crore shares (₹25.97 crores).
- IPO Dates: The issue opens on March 25, 2026 and closes on March 30, 2026.
- Allotment Date: Expected to be finalized on April 1, 2026.
- Listing Details: Shares are proposed to be listed on the SME platform of the National Stock Exchange of India (NSE SME) with a tentative listing date of April 6, 2026.
- Retail Investment Requirement: Minimum 2 lots (480 shares) amounting to approximately ₹2,66,400 at the upper price band.
- HNI Investment Requirement: Minimum 3 lots (720 shares) totaling around ₹3,99,600.
- IPO Price Band: ₹528 to ₹555 per equity share.
- Lot Size: 240 shares per lot.
This IPO offers investors an opportunity to participate in the electromechanical and engineering sector, subject to market risks.