Vivid Electromech Ltd.
VividSME
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Overview
Vivid Electromech Limited is an ISO-certified manufacturer with over 30 years of experience, specializing in Low-Voltage (LV) and Medium-Voltage (MV) electrical panels and automation systems. The company provides end-to-end solutions, including design, fabrication, assembly, and commissioning. Its diverse product portfolio, which includes Power Control Centre (PCC), Motor Control Centre (MCC), and DG Synchronization panels, serves critical sectors such as data centres, infrastructure, renewable energy, and industrial manufacturing from its two facilities in Navi Mumbai and Pune.
Opening Date
Mar 25, 2026
Closing Date
Mar 30, 2026
Listing Date
Apr 07, 2026
IPO Type
SME
IPO Status
Closed
Issue Size
130.54 Cr
Fresh Issue
104.56 Cr
Offer for Sale
25.97 Cr
Price Band
₹528 - ₹555
Lot Size
240
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
The main objectives of the issue are to utilize the net proceeds from the Fresh Issue for the following purposes:
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Funding the capital expenditure requirements of approximately ₹43.84 crores towards setting up a new, integrated manufacturing unit in Ambernath, Maharashtra, to enhance production capacity and consolidate operations.
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Repayment or prepayment of certain borrowings availed by the company, amounting to approximately ₹9.30 crores, which includes a term loan facility from ICICI Bank used for the acquisition of land.
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To meet the working capital requirements of the company, with an allocation of ₹36.00 crores to support the increasing scale of operations, manage inventory levels, and fund receivables.
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To allocate the balance proceeds towards general corporate purposes, which may include funding growth opportunities, brand building, servicing debt, and meeting other business exigencies.
Key Performance Indicator
P/E Ratio
19.2
EPS
28.9
ROE
29.29%
ROCE
25.67%
RONW
73.76%
Debt to Equity Ratio
—
PAT Margin
13.38%
EBITDA Margin
19.13%
P/B
10.5
SWOT Analysis
Strengths
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Operates fully integrated manufacturing facilities in Navi Mumbai and Pune, ensuring control over the entire production process.
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Offers a diverse product portfolio of both Low Voltage (LV) and Medium Voltage (MV) electrical panels for various industries.
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Holds strategic partnerships and authorizations from leading brands like ABB, Schneider Electric, and Larsen & Toubro.
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Led by an experienced promoter and management team with over two decades of industry expertise.
Weaknesses
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High dependency on third-party suppliers for critical raw materials and OEM components like switchgear.
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The business is working capital intensive, with risks associated with delayed project execution and extended credit periods.
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Faces significant competition from both organized and unorganized players, which can lead to pricing pressures.
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High concentration of ownership among promoters may limit public float and influence corporate decisions.
Opportunities
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Expansion of geographical footprint into new domestic regions and international markets.
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Capitalizing on the rising demand for electrical equipment in India, driven by infrastructure growth and industrial expansion.
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Growing presence in the rapidly expanding data centre sector, which is a key growth driver for the company.
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Benefiting from strong government policy support, including 'Make in India' and investments in infrastructure projects.
Threats
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Adverse changes in general economic and business conditions in India and globally could impact demand.
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Volatility in the cost of raw materials such as copper, steel, and aluminum can negatively affect profit margins.
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Changes in government policies, tax laws, and other safety or environmental regulations could increase compliance costs.
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Geopolitical instability, global pandemics, or financial market turmoil could disrupt operations and supply chains.
Subscription Rate
Frequently Asked Questions about Vivid Electromech Ltd.
Vivid Electromech Limited is an ISO-certified manufacturer with over 30 years of experience, specializing in Low-Voltage (LV) and Medium-Voltage (MV) electrical panels and automation systems. The company provides end-to-end solutions, including design, fabrication, assembly, and commissioning. Its diverse product portfolio, which includes Power Control Centre (PCC), Motor Control Centre (MCC), and DG Synchronization panels, serves critical sectors such as data centres, infrastructure, renewable energy, and industrial manufacturing from its two facilities in Navi Mumbai and Pune.
The Vivid Electromech Ltd. IPO is scheduled to open for subscription on Mar 25, 2026 and close on Mar 30, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Vivid Electromech Ltd. IPO is ₹528 to ₹555. Investors can place bids within this range once the issue opens.
The minimum lot size for the Vivid Electromech Ltd. IPO is 240 shares. The minimum investment amount ₹1,33,200.
The total issue size of the Vivid Electromech Ltd. IPO is approximately ₹130.54. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Vivid Electromech Ltd. IPO has been subscribed 0.61 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Vivid Electromech Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Vivid Electromech Ltd. are expected to list on stock exchanges on Apr 07, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Vivid Electromech Ltd. IPO are proposed to be used for The main objectives of the issue are to utilize the net proceeds from the Fresh Issue for the following purposes:, Funding the capital expenditure requirements of approximately ₹43.84 crores towards setting up a new, integrated manufacturing unit in Ambernath, Maharashtra, to enhance production capacity and consolidate operations., Repayment or prepayment of certain borrowings availed by the company, amounting to approximately ₹9.30 crores, which includes a term loan facility from ICICI Bank used for the acquisition of land., To meet the working capital requirements of the company, with an allocation of ₹36.00 crores to support the increasing scale of operations, manage inventory levels, and fund receivables., To allocate the balance proceeds towards general corporate purposes, which may include funding growth opportunities, brand building, servicing debt, and meeting other business exigencies.
Before applying for the Vivid Electromech Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
