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Vivid Electromech IPO 2026: ₹528-555 Band Mar 25-30 NSE Emerge SME

The growth rate of the Indian market in electrical panels and automation ranges between 10-12% CAGR until 2030. The growth in this industry can be attributed to the increase in infrastructure development projects, data center expansions, growth in renewable energy sources, and a rise in smart industrial solutions.

Vivid Electromech Ltd is a Low Voltage (LV) and Medium Voltage (MV) electrical panel and automation manufacturing company. It is located in Navi Mumbai. The company was incorporated in 1990. It deals in the business of engineering, designing, fabrication, assembly, testing, and commissioning of control systems.

Vivid Electromech Ltd deals in products like 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. It deals in various markets with its competitive advantages in facilities, partnerships, focus on quality, and leadership.

Vivid Electromech Ltd NSE SME IPO opens March 25-30, 2026. Key dates include allotment finalization on March 31, refunds/initiation on April 1, demat credit on April 2, and NSE EMERGE listing on April 2, 2026.

Vivid Electromech Limited IPO Details:

Vivid Electromech Limited IPO Opening Date

25th Mar 2026

Vivid Electromech Limited IPO Closing Date

30th Mar 2026

Vivid Electromech Limited IPO Allotment Date

01st Apr 2026

Initiation of Refunds

02nd Apr 2026

Credit of shares in Demat

02nd Apr 2026

Vivid Electromech Limited IPO Listing Date

06th Apr 2026

Vivid Electromech Limited IPO Price

Rs.528 - Rs.555

Vivid Electromech Limited IPO Issue Size

Rs.130.54 Cr

Vivid Electromech Limited IPO Fresh Issue Size

Rs.104.56 Cr

Vivid Electromech Limited IPO Offer for Sale

Rs.25.97 Cr

Vivid Electromech Limited IPO Reserved for Market Maker

N/A

Vivid Electromech Limited IPO Lot Size

240 shares

Face Value

Rs.10 per share

Vivid Electromech Limited DRHP

Click Here

Type of IPO

NSE SME 

Vivid Electromech Limited Issue Management:

Hem Securities Ltd act as the book-running lead manager for Vivid Electromech Limited NSE SME IPO, managing underwriting and compliance.

Vivid Electromech Limited IPO RTA (Registrar) Details:

MUFG Intime India Pvt.Ltd. handles allotment, refunds, and demat credits—contact at 22-4918 6270 or vividelectromech.smeipo@in.mpms.mufg.com.

Vivid Electromech Limited IPO Allotment Status:

To check your IPO allotment status:

  • Visit the MUFG Intime India Pvt.Ltd. IPO Application Status page.

  • Select the company name from the dropdown menu.

  • Select and enter PAN, Application Number, DP/Client ID, or Account Number/IFSC.

  • Click Submit to view your allotment status.

Action Links:


To apply for Vivid Electromech Limited IPO, open a demat account here​


Vivid Electromech Limited IPO Subscription Status: Check live subscription here 


Vivid Electromech Limited IPO GMP Update: Check latest grey market premium here

Vivid Electromech Limited IPO: Understanding the Company Profile 


Particulars

Descriptions

Headquarters

Navi Mumbai, Maharashtra

Business 

Manufacturer of LV/MV electrical panels and automation systems (engineering, design, fabrication, assembly, testing, commissioning for power distribution, load management, process control, industrial automation)

Competitors 

No direct NSE SME peers match Vivid Electromech Limited, but key comparables include Marine Electricals (India) Limited (P/E 62.09x), Shivalic Power Control Limited (P/E 13.26x)

Promoters 

Led by Sameer Vishvanath Attavar and Meeta Sameer Attavar; Pre-IPO holding 99.90%, Post-IPO 64.96% after mixed issue. 

The growth rate of the Indian market in electrical panels and automation ranges between 10-12% CAGR until 2030. The growth in this industry can be attributed to the increase in infrastructure development projects, data center expansions, growth in renewable energy sources, and a rise in smart industrial solutions.

Vivid Electromech Ltd is a Low Voltage (LV) and Medium Voltage (MV) electrical panel and automation manufacturing company. It is located in Navi Mumbai. The company was incorporated in 1990. It deals in the business of engineering, designing, fabrication, assembly, testing, and commissioning of control systems.

Vivid Electromech Ltd deals in products like 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. It deals in various markets with its competitive advantages in facilities, partnerships, focus on quality, and leadership.

  • Vivid Electromech Limited IPO Size:

Vivid Electromech Limited IPO is 23.52 lakh shares of mixed issue (fresh + OFS).


Particulars

Amount 

Shares

Fresh Issue 

₹104.56 Cr

18.84 lakh

Offer for Sale

₹25.97 Cr

4.68 lakh

Overall Issue 

₹130.54 Cr

23.52 lakh


  • Vivid Electromech Limited IPO Lot Size:

Vivid Electromech Limited IPO investors can bid for a minimum of 480 shares and in multiples of 240 shares thereof. 


Applications

Lots

Shares

Amount

Retail (Min)

2

480

₹2,66,400

Retail (Max)

2

480

₹2,66,400

S-HNI (Min) 

3

720

₹3,99,600

S-HNI (Max)

7

1680

₹9,32,400

B-HNI (Min)

8

1920

₹10,65,600


  • Vivid Electromech Limited IPO Objectives:


Vivid Electromech Limited IPO proceeds will be deployed towards the following objectives:


Purpose

Allocation (in Cr)

Funding the capital expenditure towards setting up a new unit

47.88

Working capital requirement 

40.00

Repayment and/or pre-payment, in full or part, of borrowings

9.75

General Corporate Purpose

6.93

Total

104.56


  • Vivid Electromech Limited Investors Categorisation:

Vivid Electromech Limited Ltd NSE SME IPO reserves 23.52 lakh shares per SEBI NSE SME norms.


Investor Category

Quota

Min Bid Amount

Shares Offered

QIB (incl Anchor)

50.00%

N/A

~11.76 lakh

NII Shares (HNI)

15.00%

₹3.99 lakh

~3.53 lakh

Retail Shares (RII)

35.00%

₹2,66,400

~8.23 lakh

Total

100.00%

-

23.52 lakh

  • Vivid Electromech Limited Anchor Investor Details:


The Anchor bidding starts on March 24th, 2026 (~30% QIB).


Lock-in: 50% for 30 days, 50% for 90 days per SEBI norms. as per SEBI NSE SME guidelines.


The anchor allocation document filed right before issue opens will list specific anchor investor names via registrar MUFG Intime India Pvt.Ltd.

  • Vivid Electromech Limited IPO: Key Financials  


Period Ended

31 Mar 2025 (in cr.)

31 Mar 2024 (in cr.)

31 Mar 2023 (in cr.)

Assets

115.30

62.38

55.14

Total Income

155.77

89.55

59.63

PAT

20.24

4.28

0.06

EBITDA

28.39

7.18

1.76

Net Worth

27.45

6.98

2.38

Reserves

38.29

18.05

14.94

Borrowings

4.23

4.77

6.47


According to RHP reports, Vivid Electromech Ltd posted strong FY25 financials. Revenue reached ₹155.77 Cr (up significantly from ₹59.63 Cr in FY23), PAT exceeded ₹20 Cr amid robust growth in LV/MV panels and automation demand.


Growth fueled by infrastructure boom, data center expansion, renewable energy projects, and customized electrical solutions for power distribution, process control, and industrial sectors across metro, real estate, and manufacturing.

Strengths and Risks

The important risks and strengths of Vivid Electromech Limited IPO are mentioned below:


Strengths:


  • Integrated manufacturing infrastructure for end-to-end execution from design to commissioning

  • Diverse product portfolio serving data centers, infrastructure, renewable energy, metro, and industrial segments

  • Significant growth in data center segment due to increasing demand

  • Strategic partnerships with top OEMs such as ABB and Schneider

  • Promoters and management team with experience

  • High ROE for FY25 (117.61%) and high ROCE for FY25 (127.48%)


Risks 


  • Volatility in raw material cost and its impact on margins

  • Dependence on regional suppliers and lack of contracts for raw materials

  • Customer concentration and variability in revenue from order-based business models

  • Risks in executing new capacity additions

  • Competitive pressures from larger players in the electrical panel industry

Vivid Electromech Limited IPO Review:

RHPs for Vivid Electromech Ltd's FY25 financial performance: Revenue ₹155.77 Cr (+74% YoY), PAT ₹20.24 Cr (13% margin), ROE 117.61%, ROCE 127.48%, EBITDA ₹28.4 Cr (18.25% margin).


Growth fueled by demand for LV/MV panels in data centers, infrastructure, renewables, and industrial automation, with integrated manufacturing and OEM partnerships.


₹130.54 Cr NSE SME IPO of Vivid Electromech Ltd (23.52 lakh shares @ ₹555 upper price band). Estimated Market Capitalization of ₹207 Cr at 1.3 times sales and 10 times EPS. Exceptional growth trajectory, diversified sectors, capex for expansion, and high ROE/ROCE for potential listing gains.


Investors are advised to exercise discretion and refer to the full DRHP/RHP document before reaching any investment decision. This analysis is for informative purposes and not investment advice.


Action Links:


To apply for Vivid Electromech Limited IPO, open a demat account here​


Vivid Electromech Limited IPO Subscription Status: Check live subscription here 


Vivid Electromech Limited IPO GMP Update: Check latest grey market premium here










Vivid Electromech Limited IPO FAQs

1. What is the Vivid Electromech Limited IPO open and close date?

The Vivid Electromech IPO opens March 25, closes March 30, 2026. Allotment on March 31, listing on NSE SME April 6.

Track Vivid Electromech Limited IPO subscription status live here from Finnpick.

2. What is the Vivid Electromech Limited IPO price band and lot size?

The IPO price band ₹528-555/share (FV ₹10), lot size 240 shares; retail minimum ₹2,66,400 (upper band).

3. What is Vivid Electromech Limited IPO total size?

The Vivid Electromech Limited IPO size total is ₹23.52 lakh shares (₹124.19-130.54 Cr); fresh 18.84 lakh (₹99.48-104.56 Cr), OFS 4.68 lakh (₹24.71-25.97 Cr).

4. How to apply for the Vivid Electromech Limited IPO?

Open a demat here​ (Zerodha/Upstox/AngelOne) or ASBA by Mar 30, 4 PM. Monitor Vivid Electromech Limited IPO subscription tracker here.

5. How to check Vivid Electromech Limited IPO Allotment Status?

The allotment date is on Apr 01st and can be checked on MUFG Intime India Pvt.Ltd. portal RTA portal using PAN/DP ID. 

6. What is Vivid Electromech Limited IPO GMP today and subscription status?

Current Grey Market Premium (GMP) stands at ₹0 as of Mar 19, indicating listing at the price range of ₹555 —check daily updates of Vivid Electromech Limited IPO GMP trends here and live subscription status here from Mar 25th opening only on Finnpick. 

7. What does Vivid Electromech Limited specialize in?

Vivid Electromech Limited specializes in ISO 9001:2015 certified maker of LV/MV electrical panels and automation systems for data centers, infrastructure, renewables, metro, and industrial sectors.

8. When is the Vivid Electromech Limited IPO listing date?

The Vivid Electromech Limited IPO lists on April 06th, 2026 on NSE/BSE NSE SME (~T+3 post-allotment Apr 01). 

9. What are the Vivid Electromech Limited IPO proceeds utilization details?

The Vivid Electromech IPO fresh issue proceeds: Capital expenditure for new manufacturing unit/assembly line setup (~₹50-60 Cr estimated), repayment/pre-payment of existing borrowings (~₹15-20 Cr), working capital requirements (~₹25-30 Cr), General corporate purposes (balance).


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