Vivid Electromech Ltd. is an engineering-focused company engaged in the manufacturing of Low-Voltage (LV) and Medium-Voltage (MV) electrical panels, along with integrated automation solutions.
The company provides end-to-end electrical solutions, covering engineering & design, fabrication & assembly, testing & quality control, and commissioning of automation systems.
Vivid Electromech specializes in panel manufacturing and system integration, supporting power distribution, load management, process control, and industrial automation – ensuring efficient, safe, and reliable operations across industries.
The company manufactures a wide range of LV electrical panels, including:
- Power Control Centre (PCC) Panels
- Intelligent Motor Control Centre (IMCC) Panels
- Drawout Motor Control Centre (MCC) Panels
- Soft Starter Panels
- DG Synchronisation Panels
- Power Distribution Boards (PDBs) & Units
- Outdoor Electrical Panels
Vivid Electromech serves sectors including data centres, infrastructure & metro projects, construction & real estate, renewable energy, and industrial manufacturing.
Vivid Electromech IPO – Details
| IPO Opening Date | 25 March 2026 |
| IPO Closing Date | 30 March 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 23,52,000 Shares Worth ₹130.54 Crore Fresh Issue: 18,84,000 Shares Worth ₹104.56 Crore Offer For Sale: 4,68,000 Shares Worth ₹25.98 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹528 – ₹555 per share |
| Market Lot | 240 Shares |
| Min Order | 240 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | MUFG Intime India Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Vivid Electromech IPO – Date Schedule
| IPO Open Date | 25 March 2026 |
| IPO Close Date | 30 March 2026 |
| Basis of Allotment | 01 April 2026 |
| Initiation of Refund | 02 April 2026 |
| Credit of Shares to Demat | 02 April 2026 |
| IPO Listing Date | 06 April 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 30, 2026 |
Vivid Electromech IPO – Lots Size & Price
| Application | 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 |
Competitive Strength
- 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 a senior management team.
Company Promoters
- Sameer Vishvanath Attavar
- Meeta Sameer Attavar
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹59.63 Cr | ₹59.60 Cr | ₹0.06 Cr | ₹6.47 Cr |
| 31 March 2024 | ₹89.55 Cr | ₹83.70 Cr | ₹4.28 Cr | ₹4.77 Cr |
| 31 March 2025 | ₹155.77 Cr | ₹128.62 Cr | ₹20.24 Cr | ₹4.23 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2025) |
|---|---|
| ROE | 117.61% |
| ROCE | 87.34% |
| Debt/Equity | 0.15 |
| RoNW | 73.76% |
| PAT Margin | 13.04% |
| EBITDA Margin | 18.28% |
| Price to Book Value | 14.16 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 28.90 | 22.78 |
| P/E (x) | 19.20 | 24.37 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding the capital expenditure requirements towards setting up a new manufacturing unit. | ₹47.88 |
| Repayment of certain borrowings availed by the Company. | ₹9.75 |
| To meet the working capital requirements of the Company. | ₹40.00 |
| General corporate purposes. | – |
✅Strengths
- End-to-end capabilities (design to commissioning).
- Diverse product portfolio (PCC, MCC, IMCC, etc.).
- Presence in high-growth sectors.
- Strong customization & system integration.
- Strategic manufacturing locations.
⚠️Risks
- Project-based revenue volatility.
- Customer concentration risk.
- Raw material price fluctuation.
- Intense competition.
- Working capital intensive.
- Dependent on the capex cycle.
Vivid Electromech IPO Promoter Holding
| Pre-Issue Share Holding | 99.99% |
| Post Issue Share Holding | – |
Vivid Electromech IPO Prospectus
- Vivid Electromech IPO DRHP
- Vivid Electromech IPO RHP
Company Contact Information
| 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/ |
Vivid Electromech IPO Registrar
| 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 |
Vivid Electromech IPO Lead Manager(s)
| 1. Hem Securities Limited |
Vivid Electromech IPO FAQ
| What is the Vivid Electromech IPO? Vivid Electromech IPO is an SME IPO. The issue is priced at ₹528 – ₹555 per equity share. The IPO is to be listed on NSE SME. |
| When will Vivid Electromech IPO open? The IPO is to open on 25 March 2026 for QIB, NII, and Retail Investors. |
| What is Vivid Electromech IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Vivid Electromech IPO Size? Vivid Electromech IPO size is ₹130.54 Crore. |
| What are the Vivid Electromech IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 480 Shares for ₹2,66,400, while the maximum bid is 480 Shares for ₹2,66,400. |
| What is the Vivid Electromech IPO Allotment Date? Vivid Electromech IPO allotment date is 01 April 2026. |
| What is the Vivid Electromech IPO Listing Date? Vivid Electromech IPO listing date is 02 April 2026. The IPO is to be listed on the NSE SME. |
