Bookbuilding IPO | ₹131 Cr | Listed at NSE SME | Wed, Mar 25, 2026 - Mon, Mar 30, 2026
Vivid Electromech IPO is a book build issue of ₹130.54 crores. The issue is a combination of fresh issue of 0.19 crore shares aggregating to ₹104.56 crores and offer for sale of 0.05 crore shares aggregating to ₹25.97 crores.
Vivid Electromech IPO bidding started from Mar 25, 2026 and ended on Mar 30, 2026. The allotment for Vivid Electromech IPO was finalized on Apr 2, 2026. The shares got listed on the NSE SME on Apr 7, 2026.
Vivid Electromech IPO is set final issue price at ₹555 per share. The lot size for an application is 240 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,66,400 (480 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (720 shares), amounting to ₹3,99,600.
Hem Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Hem Finlease Pvt.Ltd..
Refer to Vivid Electromech IPO RHP for detailed Information.
IPO Open
Wed, Mar 25, 2026
IPO Close
Mon, Mar 30, 2026
Issue Price
₹555 per share
Market Cap (Pre-IPO)
₹493.27 Cr
| IPO Date | 25 to 30 Mar, 2026 |
| Listed on | Tue, Apr 7, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹528 to ₹555 |
| Issue Price | ₹555 per share |
| Lot Size | 240 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 23,52,000 shares (agg. up to ₹131 Cr) |
| Reserved for Market Maker | 1,18,800 shares Hem Finlease Pvt.Ltd. (agg. up to ₹7 Cr) |
| Fresh Issue (Ex Market Maker) | 17,65,200 shares (agg. up to ₹98 Cr) |
| Offer for Sale | 4,68,000 shares of ₹10 (agg. up to ₹26 Cr) |
| Net Offered to Public | 22,33,200 shares (agg. up to ₹124 Cr) |
| Share Holding Pre Issue | 70,03,800 shares |
| Share Holding Post Issue | 88,87,800 shares |
| NSE Symbol | VIVIDEL |
| ISIN | INE24H301028 |
Vivid Electromech IPO comprises a total issue size of 23,52,000 shares. The net offer to the public is 22,33,200 shares, after excluding 1,18,800 shares allotted on a firm basis. Of the Net offer 11,15,280 (49.94%) are allocated to QIB, 3,35,520 (15.02%) allocated to NII 7,82,400 (35.03%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 11,15,280 | 49.94% | 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 | 15.02% | 14.27% |
| − bNII > ₹10L | 2,23,680 | 9.51% | |
| − sNII < ₹10L | 1,11,840 | 4.76% | |
| Retail Shares Offered | 7,82,400 | 35.03% | 33.27% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,18,800 | 5.05% | |
| Total Shares Offered | 23,52,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 480 shares and in multiples of 240 shares thereof.
| 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 |
Vivid Electromech IPO raises ₹37.12 crore from anchor investors. Vivid Electromech IPO Anchor bid date is March 24, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Mar 24, 2026 |
| Shares Offered | 6,68,880 |
| Anchor Portion (₹ Cr.) | 37.12 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, May 2, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Jul 1, 2026 |
Incorporated in 1990, Vivid Electromech Ltd. is a manufacturer of Low-Voltage (“LV”) and Medium-Voltage (“MV”) electrical panels and automation systems.
The company is engaged in panel manufacturing and system integration, offering electrical and automation solutions that cover engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems.
Their products are intended for applications in power distribution, load management, process control, and industrial automation across multiple sectors.
The company manufactures a range of LV electrical panels, including Power Control Centre (PCC) Panels, Intelligent Motor Control Centre (IMCC) Panels, Soft Starter Panels, Drawout Motor Control Centre (MCC) Panels, DG Synchronisation Panels, Power Distribution Boards and Units, and Outdoor Panels.
Their products cater to sectors such as Data Centre & Technology, Infrastructure, Metro Projects, Construction & Real Estate, Solar & Renewable Energy, Industrial Manufacturing.
The company is an ISO 9001:2015 certified manufacturer of low-voltage (“LV”) and medium-voltage (“MV”) electrical panels and automation systems.
The company has two manufacturing facilities in Navi Mumbai and Pune, Maharashtra.
As of September 30 2025, the company employed 252 employees in various departments.
Competitive Strength:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 119.62 | 115.30 | 62.38 | 55.14 |
| Total Income | 70.89 | 155.77 | 89.55 | 59.63 |
| Profit After Tax | 9.44 | 20.24 | 4.28 | 0.06 |
| EBITDA | 13.50 | 28.39 | 7.18 | 1.76 |
| NET Worth | 37.03 | 27.45 | 6.98 | 2.38 |
| Reserves and Surplus | 44.23 | 38.29 | 18.05 | 14.94 |
| Total Borrowing | 14.17 | 4.23 | 4.77 | 6.47 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements towards setting up of a new manufacturing unit. | 43.84 |
| 2 | Repayment of certain borrowings availed by the Company | 9.30 |
| 3 | To meet working capital requirements of the Company | 36.00 |
| 4 | General Corporate Purpose | 2.90 |
| Total | 92.04 |
| KPI | Sep 30, 2026 | 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 28.90 | 22.78 |
| P/E (x) | 19.2 | 24.37 |
| Promoter Holding | 99.99% | 73.53% |
| Market Cap | ₹493.27 Cr. |
The Vivid Electromech IPO is subscribed 1.06 times on March 30, 2026 6:54:59 PM (Day 3). The public issue subscribed 0.36 times in the individual investors category, 1.95 times in the QIB category, and 1.50 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.95 | 4,46,400 | 8,68,320 | 5 |
| NII* | 1.50 | 3,35,520 | 5,02,080 | 69 |
| bNII (> ₹10L) | 2.10 | 2,23,680 | 4,70,640 | |
| sNII (< ₹10L) | 0.28 | 1,11,840 | 31,440 | |
| Individual Investor | 0.36 | 7,82,400 | 2,85,120 | 594 |
| Total | 1.06 | 15,64,320 | 16,55,520 | 668 |
Total Applications: 668
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLM (inclusive underwriting commission) | 6.93 |
| 2 | Fees Payable to Registrar to the Offer | 0.01 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.16 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.11 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.01 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.35 |
| 7 | Others, if any (Fees payable for Marketing & Distribution Expenses, Sponsor Bank/Banker(s) to the Offer, Selling Commission, Brokerage, Depository Participant, Monitoring Agency, Processing Fees* and Miscellaneous Expenses). | 8.07 |
| Total | 15.63 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹555.00 |
| Open | ₹565.00 |
| Low | ₹556.00 |
| High | ₹593.25 |
| Last Trade | ₹563.05 |
Lead Manager Reports
Vivid Electromech IPO is a SME IPO of 23,52,000 equity shares of the face value of ₹10 aggregating up to ₹131 Crores. The issue is priced at ₹555 per share. The minimum order quantity is 240.
The IPO opens on Wed, Mar 25, 2026, and closes on Mon, Mar 30, 2026.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vivid Electromech IPO using UPI as a payment gateway. Zerodha customers can apply in Vivid Electromech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vivid Electromech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vivid Electromech IPO opens on Wed, Mar 25, 2026 and closes on Mon, Mar 30, 2026.
Vivid Electromech IPO lot size is 240, and the minimum amount required for application is ₹2,66,400, with 2 lots being the minimum application size.
You can apply in Vivid Electromech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vivid Electromech IPO will be done on Thursday, April 2, 2026, and the allotted shares will be credited to your demat account by Mon, Apr 6, 2026. Check the Vivid Electromech IPO allotment status.
The Vivid Electromech IPO listing date is on Tue, Apr 7, 2026.
