Vivid Electromech IPO
Market Sentiment
IPO Details
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Market Lot Size
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.
No major red flags in the available data.
Auto-generated from live GMP, subscription, valuation and financial data. 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.
| 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 Ltd., Plot No. A-173/7,, T.T.C Industrial Area,, MIDC, Kharine,, Navi Mumbai, Maharashtra, 400710
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).
Current grey market activity shows a flat premium, indicating muted unofficial demand. Final subscription data records overall subscription at 1.13x, retail at 0.36x, QIB at 1.95x, NII at 1.85x.
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.
Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Vivid Electromech IPO GMP — What It Means
The latest grey market premium for Vivid Electromech IPO is ₹0 (+0.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Vivid Electromech it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Vivid Electromech GMP history and trend, or learn how grey market premium works and how reliable it is.
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