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  1. Vivid Electromech IPO
Vivid Electromech IPO
1.13xsubscribed

Vivid Electromech IPO

Electric Equipment
listed
₹2.53LMin. investment

Vivid Electromech Limited IPO Details

SectorElectric Equipment
Price range₹528 – ₹555
IPO type
SME
Lot size240 shares
Issue size₹131Cr
Draft Red Herring Prospectus
Read
Market cap
₹493.27CrLower than sector avg
RevenueApr 0 - Mar 1
₹155.29CrLower than sector avg
Growth rate3Y CAGR
61.78%

Vivid Electromech IPO Subscription Status

Date
QIB
NII
Retail
Total
25-Mar-26
1.2 times (X)
0.71 times (X)
0.01 times (X)
0.5 times (X)
27-Mar-26
1.26X
1.17X
0.14X
0.68X
30-Mar-26
1.95X
1.85X
0.36X
1.13X

As on 25-Mar-26, 5:00 PM

Vivid Electromech IPO Timeline

  1. Pre-apply
    24 Mar 2026
  2. Bid start
    25 Mar 2026
  3. Bid end
    30 Mar 2026
  4. Allotment
    1 Apr 2026
  5. Release of funds
    2 Apr 2026
  6. Demat transfer
    2 Apr 2026
  7. Listing
    7 Apr 2026

About Vivid Electromech Limited

Vivid Electromech is a 30+ year old company that makes electrical panels and automation systems. It is ISO 9001:2015 certified and mainly works in manufacturing and system integration. The company produces a wide range of low-voltage (LV) panels, which include PCC, MCC, IMCC, APFC, VFD panels and PLC automation systems. Its medium-voltage (MV) products include panels ranging from 3.3 kV to 33 kV including VCB panels and ring main units.
The company also does some trading of electrical goods and provides services like installation and testing. It operates two manufacturing units in Maharashtra with a combined capacity of 7,500 units per year. The company derives its primary revenue from India, which accounts for approximately 99% of total income, while generating limited income through exports to the UAE, UK, Kenya, and Sri Lanka. The business currently experiences its highest growth from data centres and technology innovation. The company used to operate its business in infrastructure and real estate projects, but now these sectors make up only a small portion of its operations.
The main revenue source of the company comes from LV panels, which account for 81.02% of total income in H1FY26, while MV panels generate 13.67% of income during the same period. The combined revenue of trading and services activities brings in less than 6% of the total income. The business generates most of its domestic sales from Maharashtra, which accounts for approximately 88.62% of total sales in H1FY26. The company partners with major companies such as ABB, L&T Electrical and Automation and Schneider Electric to enhance its technological capabilities and build trust with customers. The order book has reached approximately ₹200.19 crore as of December 2025, with data centres accounting for approximately 62% of total orders. The infrastructure sector brings in approximately 30% of total revenue.

Checklist

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Objectives of Vivid Electromech Limited IPO

Capital expenditure
41.70%
The company will utilise ₹43.84 crore for setting up of a new manufacturing unit.
Working capital
34.20%
The company will utilise ₹36 crore for funding the working capital of the business.
General corporate purposes
15.10%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Repayment of borrowings
8.80%
The company will utilise ₹9.29 crore for repayment of borrowings

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹155.29Cr61.78%₹20.24Cr₹493.27Cr19.200.15
This sector (avg.)₹1,165.91Cr0%₹116.9Cr₹10,304.95Cr99.840.59
₹12,188.31Cr---₹1,874.61Cr₹1,18,213.1Cr66.900.01
₹17,364.2Cr---₹1,688.8Cr₹1,10,443.7Cr65.400.01
₹9,908.66Cr---₹972.98Cr₹91,981.6Cr81.420.01

*Revenue for financial year 0-1. Lower P/E and D/E ratios are generally preferred.

Vivid Electromech IPO Contact Details

Company NameVivid Electromech Limited

How to apply for Vivid Electromech IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Vivid Electromech Limited IPO FAQs

Investors can apply for the Vivid Electromech IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Vivid Electromech IPO is 131 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Vivid Electromech IPO will be open between 2026-03-25 and 2026-03-30.
Vivid Electromech IPO allotment date is 2026-04-02. For Vivid Electromech IPO allotment status check, you can visit the website of the registrar of the IPO.
For Vivid Electromech IPO, the IPO registrar is MUFG INTIME INDIA PRIVATE LIMITED. You can check Vivid Electromech IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Vivid Electromech IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Vivid Electromech IPO lot size is 240 and minimum order quantity is 480.
Vivid Electromech IPO has set the price band for its IPO at 555 per equity share with a face value of 10.