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Vivid Electromech Ltd. is engaged in manufacturing electrical panels and automation systems for industrial and infrastructure applications. The IPO is scheduled to open on March 25, 2026, and close on March 30, 2026, with an issue size of 23,52,000 shares aggregating up to ₹130.54 crore. The price band is set at ₹528 to ₹555 per share, with a lot size of 240 shares. The issue will be listed on the NSE SME platform and includes allocations across investor categories as per regulatory guidelines.
Vivid Electromech Ltd. operates in the electrical equipment segment, focusing on the manufacturing of low-voltage (LV) and medium-voltage (MV) electrical panels along with automation systems. The company provides integrated solutions that include engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems. Its product portfolio supports applications such as power distribution, process control, load management, and industrial automation across sectors including infrastructure, data centres, construction, renewable energy, and industrial manufacturing. The company manufactures a range of LV panels and offers MV panels from 3.3 kV to 33 kV, including VCB panels, control and relay panels, RMG panels, and APFC panels, which are type-tested under IEC standards. It operates manufacturing facilities in Maharashtra and serves multiple end-use industries through its integrated solutions.
To apply for the IPO, investors can use the ASBA (Application Supported by Blocked Amount) facility through their bank account or online banking platform. This process allows the application amount to remain blocked in the investor’s account until the allotment is finalised. Investors are required to select the IPO, enter the bid quantity within the specified lot size, and confirm their application using their PAN and demat account details. Alternatively, investors may apply through their demat account using online trading platforms that provide IPO application facilities. After logging in, the investor can select the IPO, enter bid details, and submit the application. Upon submission, the funds are blocked, and shares are allotted based on the final allocation process.
For more details, visit the Vivid Electromech Limited IPO page.
Details | Information |
IPO Date | Mar 25, 2026 to Mar 30, 2026 |
Issue Size | 23,52,000 shares (agg. up to ₹130.54 Cr) |
Price Band | ₹528 to ₹555 per share |
Lot Size | 240 shares |
Listing At | NSE SME |
Market Maker | Hem Finlease Pvt.Ltd. |
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
Event | Date |
IPO Open Date | Wed, Mar 25, 2026 |
IPO Close Date | Mon, Mar 30, 2026 |
Tentative Allotment | Wed, Apr 1, 2026 |
Initiation of Refunds | Thu, Apr 2, 2026 |
Credit of Shares to Demat | Thu, Apr 2, 2026 |
Tentative Listing Date | Mon, Apr 6, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Mon, Mar 30, 2026 |
₹528 to ₹555 per share
Application | Lots | Shares | Amount |
Individual investors (Retail) (Min) | 2 | 480 | ₹2,66,400 |
Individual investors (Retail) (Max) | 2 | 480 | ₹2,66,400 |
S-HNI (Min) | 3 | 720 | ₹3,99,600 |
S-HNI (Max) | 7 | 1,680 | ₹9,32,400 |
B-HNI (Min) | 8 | 1,920 | ₹10,65,600 |
The Vivid Electromech Limited IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the broker's app or website.
Go to the IPO section to view active IPO listings.
Locate Vivid Electromech Limited IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 240 shares) within the price band of ₹528 to ₹555 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the Vivid Electromech IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered |
Market Maker Shares Offered | 1,18,800 (5.05%) |
QIB Shares Offered | 11,15,280 (47.42%) |
− Anchor Investor Shares Offered | 6,68,880 (28.44%) |
− QIB (Ex. Anchor) Shares Offered | 4,46,400 (18.98%) |
NII (HNI) Shares Offered | 3,35,520 (14.27%) |
− bNII > ₹10L | 2,23,680 (9.51%) |
− sNII < ₹10L | 1,11,840 (4.76%) |
Retail Shares Offered | 7,82,400 (33.27%) |
Total Shares Offered | 23,52,000 (100.00%) |
This reservation structure reflects the categorisation and allocation approach disclosed for the issue, indicating the proportion of shares available to each investor segment.
Total Assets: Grew from ₹55.14 crore in FY23 to ₹119.62 crore as of Sept 2025.
Total income: Recorded at ₹70.89 crore in Sept 2025, as compared to ₹59.63 crore in FY23.
Profit After Tax (PAT): Reported at ₹9.44 crore in Sept 2025, and ₹0.06 crore in FY23.
Net Worth: Recorded at ₹37.03 crore in Sept 2025 in comparison to ₹2.38 crore in FY23.
Reserves & Surplus: Stood at ₹44.23 crore in Sept 2025, as compared to ₹14.94 crore in FY23.
Total Borrowing: Stood at ₹14.17 crore in Sept 2025, as compared to ₹6.47 crore in FY23.
EBITDA: Stood at ₹13.50 crore in Sept 2025 in comparison to ₹1.76 crore in FY23.
The company’s asset base has expanded over the reported periods, indicating an increase in operational scale and capacity.
Revenue generation has shown an upward movement, reflecting growth in business activity across its operations.
Profitability has improved compared to earlier periods, suggesting changes in cost management and operational efficiency.
Net worth has strengthened, supported by higher retained earnings and internal accruals.
Growth in reserves and surplus indicates accumulation of earnings within the business.
Borrowings have also increased, which may reflect funding towards expansion and working capital requirements.
Operating performance, as reflected through earnings before interest and related costs, has improved over time, indicating changes in core business operations.
The company’s operations are linked to sectors such as infrastructure, construction, and industrial manufacturing, which may be influenced by changes in project execution timelines and broader economic conditions.
An increase in borrowings and ongoing capital expenditure requirements may have implications for financial obligations and cash flow management, depending on business performance and funding conditions.
The company’s presence across multiple sectors, including data centres, renewable energy, and infrastructure, provides exposure to varied demand drivers within the electrical equipment and automation space.
The proposed utilisation of IPO proceeds towards capacity expansion, working capital, and repayment of borrowings may support operational activities, subject to execution and market conditions.
KPI | Sep 30, 2025 | Mar 31, 2025 |
ROE | 29.29% | 117.61% |
ROCE | 25.67% | 87.34% |
Debt/Equity | 0.38 | 0.15 |
RoNW | - | 73.76% |
PAT Margin | 13.38% | 13.04% |
EBITDA Margin | 19.13% | 18.28% |
Price to Book Value | 10.50 | 14.16 |
Registrar | Lead Manager(s) |
MUFG Intime India Pvt.Ltd. | Hem Securities Ltd. |
Plot No. A-173/7, T.T.C Industrial Area, MIDC, Kharine, Navi Mumbai, Maharashtra, 400710
Phone: +022-68175555
Email: cs@vividgroup.in
Website: https://vividgroup.in/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Vivid Electromech IPO allotment status.
Sameer Vishvanath Attavar is the Chairman and Managing Director (MD) of Vivid Electromech Ltd, a company specializing in electrical panels and engineering solutions.
The Vivid Electromech IPO is scheduled to open for subscription on March 25, 2026, and will close on March 30, 2026. These dates are as per the issue timeline disclosed in IPO-related documents and public sources.
The company operates in the electrical equipment segment, focusing on manufacturing low-voltage and medium-voltage electrical panels and providing automation and system integration solutions. Its business model involves supplying products and services to sectors such as infrastructure, industrial manufacturing, and energy-related applications. The sustainability of the business model depends on demand from these sectors, execution of projects, and broader economic conditions rather than any assured outcomes.
The issue size of the Vivid Electromech IPO comprises 23,52,000 equity shares, aggregating to approximately ₹130.54 crore, based on the disclosed price band and issue structure.
‘Pre-apply’ refers to the facility that allows investors to submit their IPO application before the official opening date. The application is processed once the IPO opens, and the amount is blocked in the investor’s account only after the bidding period begins, as per applicable procedures.
The lot size for the IPO is 240 shares, while the minimum application for retail investors is two lots, which equals 480 shares. This represents the minimum quantity that can be applied for under the retail category.
The basis of allotment for the Vivid Electromech IPO is expected to be finalised on April 1, 2026, as per the disclosed IPO schedule.
The registrar to the issue is MUFG Intime India Private Limited, which is responsible for processing applications, handling allotment, and managing investor-related queries for the IPO.
There are no publicly stated governance issues or red flags highlighted. Investors may review the offer documents, including sections on management, board composition, and risk factors, for detailed and verified disclosures.
Investors can apply through the ASBA facility via their bank account or through UPI-enabled trading platforms. The process generally involves selecting the IPO, entering the bid quantity within the specified lot size, providing PAN and demat details, and confirming the mandate. The application amount remains blocked until the allotment process is completed.
Yes, a demat account is required to apply for the IPO, as shares are credited in electronic form upon allotment. Without a valid demat account, the application cannot be processed.
Investors can check the allotment status by visiting the registrar’s website and entering details such as PAN, application number, or demat ID. The status may also be available on stock exchange websites. Additionally, successful applicants receive shares in their demat account, while others receive unblocked funds after the allotment process.
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