Vivid Electromech IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| 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 |
| Company | EPS | P/E | Market Cap (Cr) |
|---|---|---|---|
| Shivalic Power control Limited | 5.50 | 18.17 | 11 |
| Marine Electrical (India) Limited | - | 76.87 | 9 |
Promoters: Sameer Vishvanath Attavar and Meeta Sameer Attavar
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 70,03,800 | 99.99% |
Strengths & Risks
- Revenue grew 74% in the latest reported year.
- Solid profit margin — 13.0%.
- Strong return on equity — 118%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
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.
Vivid Electromech Ltd., Plot No. A-173/7,, T.T.C Industrial Area,, MIDC, Kharine,, Navi Mumbai, Maharashtra, 400710
| 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
Vivid Electromech has set a price band of Rs 528–Rs 555 per share for an issue size of Rs 131 crore. The stock listed with a 1.80% gain versus its issue price on April 07, 2026.
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.
The issue is promoted by Sameer Vishvanath Attavar and Meeta Sameer Attavar with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding the capital expenditure requirements towards setting up of a new manufacturing unit. (Rs 48 crore) and Repayment of certain borrowings availed by the Company (Rs 10 crore).
On fundamentals, the company is posting revenue growth of 74.0%, a profit margin of 13.0%, return on equity of 117.6% in its most recent reported period. Listed peers in this segment include Shivalic Power control Limited (P/E 18.17x, market cap Rs 11 crore) and Marine Electrical (India) Limited (P/E 76.87x, market cap Rs 9 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Vivid Electromech IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.
See the full Vivid Electromech GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!