IPO Issue Details
Issue Price / Price Band₹555 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size240 Shares per Lot
Total Issue Size23,52,000 shares (agg. up to ₹131 Cr)
Issue TypeBook Built Issue
Sale Type / CategoryFresh Capital & OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 25 Mar 2026
Subscription CloseMon, 30 Mar 2026
Anchor AllotmentTue, 24 Mar 2026
Basis of AllotmentWed, 01 Apr 2026
Initiation of RefundsThu, 02 Apr 2026
Credit of Shares to DematThu, 02 Apr 2026
Listing DateMon, 06 Apr 2026
UPI Mandate Deadline5:00 PM on 30 Mar 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,66,400 — 480 shares
Retail — Max (13 Lots)₹1,731,600 (13 Lots)
HNI — Min (3 Lots)₹3,99,600 — 720 shares
EPS (Pre-IPO)₹28.90
EPS (Post-IPO)₹22.78
P/E Ratio (Pre-IPO)19.2x
P/E Ratio (Post-IPO)24.37x
Net Offer to Public22,33,200 shares (agg. up to ₹124 Cr)
Reserved for Market Maker1,18,800 shares (agg. up to ₹7 Cr)
Pre-IPO Promoter Holding70,03,800 shares
Post-IPO Promoter Holding88,87,800 shares
Fresh Issue Shares17,65,200 shares (agg. up to ₹98 Cr)
Offer for Sale Shares4,68,000 shares of ₹10 (agg. up to ₹26 Cr)
About Vivid Electromech Ltd.
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:Integrated Manufacturing FacilitiesDiverse Product Portfolio with Wide Geographic ReachGrowing Presence in the Data Centre SegmentStrategic Partnerships with Leading BrandsCommitment to Quality Control and SafetyExperienced promoters and senior management team
Objects of the Issue
Vivid Electromech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
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
Shareholding & Lock-in
Pre-IPO Promoter Holding
70,03,800 shares
Post-IPO Promoter Holding
88,87,800 shares