SME
IPO ·
NSE SME
Vivid Electromech Ltd
Listed
Incorporated in 1990, Vivid Electromech Ltd. is a manufacturer of Low-Voltage (“LV”) and Medium-Voltage (“MV”) electrical panels and automation systems.
Issue details
Price band
₹528 – ₹555
Face value
₹10
Lot size
240 shares
Minimum investment
₹2,66,400
Issue size
₹130.54 Cr
Fresh issue
₹97.97 Cr
Offer for sale
₹25.97 Cr
Issue type
Book Built
Exchange
NSE SME
Key dates
Opens
25 Mar 2026
Closes
30 Mar 2026
UPI mandate cut-off
5:00 PM on 30 Mar 2026
Allotment
2 Apr 2026
Refunds
6 Apr 2026
Shares in demat
6 Apr 2026
Listing
7 Apr 2026
Subscription and listing
Subscription
1.06x
Listing price
₹565
Registrar
MUFG Intime India Pvt Ltd
Lead manager
Hem Securities
Subscription by category
Total
1.06x
Total applications
668
Anchor investors
Amount raised
₹37.12 Cr
Bid date
24 Mar 2026
50% lock-in ends
2 May 2026
Rest lock-in ends
1 Jul 2026
Listing day
Issue price
₹555
Open
₹565.00
High
₹593.25
Low
₹556.00
Day close
₹563.05
Listing gain at open
+1.80%
Issue structure
Shares reserved per category and share of the total issue
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 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%
Market Maker Shares Offered
1,18,800
5.05%
Total Shares Offered
23,52,000
100.00%
Finaccle’s quick read
Apply
FY25 income up 74%, PAT up 373%, ROE 29.29%, D/E 0.38, post-issue P/E 24.37x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
29.29%
ROCE
25.67%
Debt / equity
0.38
PAT margin
13.38%
P/E post issue
24.37
Market cap
₹493.27 Cr
Use of IPO money
Funding the capital expenditure requirements towards setting up of a new manufacturing unit.
₹43.84 Cr
Repayment of certain borrowings availed by the Company
₹9.30 Cr
To meet working capital requirements of the Company
₹36.00 Cr
General Corporate Purpose
₹2.90 Cr
Issue Expenses
₹15.63 Cr
Strengths
✓
Revenue up 74% in FY25 to ₹155.77 Cr
✓
PAT up 373% in FY25 to ₹20.24 Cr
✓
PAT margin of 13.38%
✓
ROE of 29.29% and ROCE of 25.67%
✓
Moderate leverage: debt to equity 0.38
Risks to watch
!
SME platform: large lot size and thinner trading liquidity
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.