Vivid Electromech IPO Details
The key details of Vivid Electromech’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹131 Crores |
| Price Range | ₹528 - ₹555 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 480 |
| Investment (cut-off price) | ₹2,66,400 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Vivid Electromech IPO Timelines
The IPO process for Vivid Electromech includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
25/03/2026
Start Date30/03/2026
End Date02/04/2026
Refund Initiation02/04/2026
Credit of Shares to Demat Ac06/04/2026
Listing DateVivid Electromech IPO Lot Size
The Vivid Electromech IPO has a fixed lot size of 240 shares, at an upper price band of ₹555 per share. For retail investors, the minimum and maximum application is 480 shares (2 lots) amounting to ₹2,66,400. For Small HNI (S-HNI) investors, the minimum application is 720 shares (3 lots) worth ₹3,99,600, while the maximum is 1,680 shares (7 lots) amounting to ₹9,32,400. Big HNI (B-HNI) investors need to apply for at least 1,920 shares (8 lots), totaling ₹10,65,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 480 | ₹2,66,400 |
| Retail Maximum | 2 | 480 | ₹2,66,400 |
| S-HNI Minimum | 3 | 720 | ₹3,99,600 |
| S-HNI Maximum | 7 | 1680 | ₹9,32,400 |
| B-HNI Minimum | 8 | 1920 | ₹10,65,600 |
Vivid Electromech IPO Subscription Status
The subscription status for Vivid Electromech IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Vivid Electromech IPO Company Financials
Vivid Electromech reports robust performance in FY2025 with Total Income of ₹155.77 crores, managing expenses at ₹128.62 crores, and achieving a strong PAT (Profit After Tax) of ₹20.24 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹59.63 | ₹59.60 | ₹0.06 |
| FY 2024 | ₹89.55 | ₹83.70 | ₹4.28 |
| FY 2025 | ₹155.77 | ₹128.62 | ₹20.24 |
About Company
Incorporated in 1990, Vivid Electromech Ltd. operates as a manufacturer of low-voltage (LV) and medium-voltage (MV) electrical panels along with automation systems. Core activities include panel manufacturing and system integration, covering engineering, design, fabrication, assembly, testing, and commissioning of control and automation solutions. Applications focus on power distribution, load management, process control, and industrial automation across diverse industries.
Product portfolio includes LV electrical panels such as Power Control Centre (PCC) panels, Intelligent Motor Control Centre (IMCC) panels, soft starter panels, drawout MCC panels, DG synchronisation panels, power distribution boards, and outdoor panels. End-user sectors include data centres and technology, infrastructure, metro projects, construction and real estate, solar and renewable energy, and industrial manufacturing.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1990 | Electricals | Sameer Attavar |
Know Before Investing
Vivid Electromech IPO Strengths
- In-house fabrication, assembly, wiring, and testing from design to commissioning ensures quality consistency and timeline reliability. CNC machinery and specialized equipment reduce third-party vendor dependency significantly. Single-facility execution minimizes coordination complexities effectively.
- Data centers, infrastructure, metro, renewables, industrial segments spread cyclicality risks across high-growth applications. Multiple end-markets leverage common panel technologies creating cross-selling synergies. Sector diversification stabilizes order pipeline during economic shifts.
- Collaborations with ABB, Schneider provide component reliability and technical credibility enhancing customer confidence. Preferred vendor status secures priority supply during shortages. Brand associations command premium pricing versus independent fabricators.
- Exceptional ROE/ROCE demonstrate capital efficiency in project execution and working capital management. Strong profitability supports reinvestment capacity for capacity expansion. Financial strength attracts quality institutional partnerships.
- 80,000 sq ft Navi Mumbai facilities equipped for LV/MV panel complexity ensure scale production capabilities. State-of-the-art testing validates performance under load conditions reliably. New Palava unit expansion supports 12,000 panels annual capacity.
- Intelligent Motor Control Centres, DG synchronization panels capture higher margins versus standard distribution boards. Process control integration differentiates from pure panel assemblers. System-level expertise commands project premiums consistently.
- Hyperscale DC buildout requires mission-critical power distribution solutions matching technical specifications precisely. Tier certifications and uptime guarantees create entry barriers for competitors. Rapid deployment capabilities meet tight commissioning schedules.
Vivid Electromech IPO Risks
- Steel, copper price fluctuations compress margins absent pricing pass-through mechanisms. Regional supplier dependency creates supply chain single points of failure. No long-term offtake contracts amplify pricing uncertainty.
- Limited large project clients create order book volatility from tender outcomes and scope changes. Single major contract cancellation materially impacts quarterly performance. Relationship transitions generate revenue recognition gaps.
- New manufacturing unit commissioning carries timeline slippages and yield ramp challenges. Capital expenditure absorption dependent on order inflows timing. Technology transfer risks during facility transition phase.
- Project-led revenue recognition creates lumpy quarterly patterns challenging cash flow predictability. Tender delays, scope changes impact working capital cycles adversely. Infrastructure capex moderation affects order pipeline visibility.
- Large EPC players, regional fabricators erode pricing power through scale advantages consistently. Chinese panel imports challenge during economic slowdowns. L1 tender mentality compromises margin sustainability.
- Extended project progress billing cycles strain liquidity during simultaneous executions. Retention money releases create receivables aging issues. Inventory accumulation precedes large project mobilizations.
- Electrical engineers, panel technicians command premium wages in competitive Mumbai industrial belt. Technician poaching disrupts production schedules and quality consistency. Training lead times impact capacity ramp timelines.
Swot Analysis for Vivid Electromech IPO
Strengths
Comprehensive Panel Portfolio, Blue-Chip Client Network, Automation Capabilities
Weaknesses
Data Centre Revenue Concentration, Labour-Intensive Scale, Capex Expansion Dependency
Opportunities
Data Centre Super Cycle, Green Energy Integration, Smart Factory Automation
Threats
OEM Pricing Pressure, Raw Material Volatility, Skilled Labour Shortage
Company Details
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 Registar Details
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: vividelectromech.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
FAQs
The key objectives of Vivid Electromech SME IPO are:
- 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 the Company
- General Corporate Purpose
Hem Securities Ltd. is the book-running lead managers for the Vivid Electromech IPO.
Vivid Electromech shows very strong growth potential supported by revenue of ₹155.77 crore with rapid expansion and exceptional return ratios. Rising demand from data centers, infrastructure, and renewable sectors along with new capacity of 12000 panels annually can drive scalable growth and improve long term earnings visibility.
The issue price for the Vivid Electromech IPO is set between ₹528 to ₹555 per share.
To invest in two lot of Vivid Electromech IPO, you need ₹2,53,440 at the lower price band (₹528 per share) or ₹2,66,400 at the upper price band (₹555 per share) for a lot size of 480 shares.
Vivid Electromech IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on April 6, 2026.
Refund/unblocking of funds for Vivid Electromech IPO will begin on April 2, 2026. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Vivid Electromech IPO shares on listing day (April 6, 2026) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.