Vivid Electromech IPO

Closed SME
Open Mar 25
Close Mar 30
Allotment Apr 01 Out
Refund Apr 02
Listing Apr 06

Market Sentiment

Grey Market Premium What is GMP?
+Rs 0
+0.0%
Est. Listing: Rs 555
Updated: Mar 20, 2026 5:52 pm
View Full GMP History →
Subscription Status
QIB
1.95x
bNII (>10L)
2.64x
sNII (2-10L)
0.28x
Retail
0.36x
Total
1.13x
Updated: Mar 30, 2026 5:00 pm IST
Analysis Score 38 / 100
Avoid
Data: 78%
GMP Score 40
Subscription Score 25
Financial Health 83

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 480 ₹2,66,400
Retail Maximum 2 480 ₹2,66,400
S-HNI Minimum 3 720 ₹3,99,600
S-HNI Maximum 7 1,680 ₹9,32,400
B-HNI Minimum 8 1,920 ₹10,65,600

Return Estimator (GMP*)

Category Investment Expected Profit
Retail Minimum ₹2,66,400 +₹0
Retail Maximum ₹2,66,400 +₹0
S-HNI Minimum ₹3,99,600 +₹0
S-HNI Maximum ₹9,32,400 +₹0
B-HNI Minimum ₹10,65,600 +₹0
GMP (Rumour*) +₹0
Exp. Listing ₹555
Return +0.0%
Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Allotment Chances

Retail 100.0% (0.36x subscribed)
High chance
S-HNI 100.0% (0.28x subscribed)
High chance
B-HNI 37.9% (2.64x subscribed)
Moderate chance
QIB 51.3% (1.95x subscribed)
High chance
Retail undersubscribed - high chance of full allotment for all retail applicants.
Based on current subscription data. Actual allotment depends on applications and lot-based proportional allotment rules.

IPO Details

Issue Price₹528-555 per equity share
Face Value₹10 Per Equity Share
Lot Size 480 shares (Min ₹2,66,400)
Total Issue Size ₹131.00 crore
Fresh Share₹105.00 crore
Offer For Sale₹26.00 crore
Issue TypeBook build Issue
Lead ManagerHem Securities Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Listing atNSE

IPO Reservation

Category Shares Offered
QIB4,46,400
NII (HNI)3,35,520
bNII > ₹10L2,23,680
sNII < ₹10L1,11,840
Retail7,82,400
Anchor6,68,880

Financial Analysis

Financial Data
ROE
117.61%
ROCE
87.34%
NAV/Share
Rs 39.19
Revenue Growth
73.95%
Profit Margin
12.99%
Financial Performance
Metric 2023 2024 2025
Revenue 59.63 89.55 155.77
Expense 59.60 83.70 128.62
Profit (PAT) 0.06 4.28 20.24
Total Assets 55.14 62.38 115.30
Values in Crores (₹)
Peer Comparison
Company P/E EPS Market Cap (Cr)
Shivalic Power control Limited 18.17 5.50 11
Marine Electrical (India) Limited 76.87 - 9
Promoters & Holding Pattern

Promoters: Sameer Vishvanath Attavar and Meeta Sameer Attavar

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 70,03,800 99.99%

Company Information

About Vivid Electromech

Vivid Electromech is one of the leading companies in terms of providing services, including engineering, design, fabrication, assembly, testing, and commissioning of complete control and automation systems. The company was founded in 1990. Further, they also manufacture various 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. Moreover, the company’s products go to various industries, including Data Centre & Technology, Infrastructure, Metro Projects, Construction & Real Estate, Solar & Renewable Energy, and Industrial Manufacturing. Additionally, they mainly use CRCA sheets, GI sheets, aluminium and copper busbars, electrical wires, and industrial paints. Most of these materials are sourced from suppliers within the country.

Objects of the Issue
Purpose Amount (Cr)
Funding the capital expenditure requirements towards setting up of a new manufacturing unit. 47.88
Repayment of certain borrowings availed by the Company 9.75
To meet working capital requirements of the Company 40.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
March 24, 2026
Shares Offered to Anchors
6,68,880
Lock-in End (30 Days, 50%)
May 02, 2026
Lock-in End (90 Days, 50%)
July 01, 2026
Company Contact Information

Vivid Electromech Ltd., Plot No. A-173/7,, T.T.C Industrial Area,, MIDC, Kharine,, Navi Mumbai, Maharashtra, 400710

Frequently Asked Questions

Vivid Electromech IPO is SME IPO. The company is going to raise ₹131 Crores via IPO. The issue is priced at ₹₹528 to ₹555 per equity share. The IPO is to be listed on NSE.

The IPO is to open on March 25, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 30, 2026.

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

You can apply for Vivid Electromech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

Vivid Electromech IPO issue size is ₹131 crores.

Vivid Electromech IPO Price Band is ₹528 to ₹555.

The minimum bid is 480 Shares with ₹2,66,400 amount.

Vivid Electromech IPO allotment date is April 1, 2026.

Vivid Electromech IPO listing date is April 6, 2026. The IPO is to list on NSE.

Understanding Grey Market Premium (GMP)

The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.

How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.

Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.

Factors that influence GMP:

  • Subscription levels — Higher subscription typically drives GMP up
  • Market conditions — Bullish markets tend to boost GMP across all IPOs
  • Company fundamentals — Strong financials and growth potential attract premium
  • Industry sentiment — Positive outlook for the sector can increase demand
  • IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP

Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.

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