Vivid Electromech
OPENIPO Date: 25 Mar - 30 Mar 2026
Listing Date: 6 Apr 2026
Price Range
Rs.528 - Rs.555
Issue Size
131 Cr
Min Investment
₹1,26,720
Lot Size
240 Shares
Schedule of Vivid Electromech
Issue open date
25 Mar 2026
Issue close date
30 Mar 2026
UPI mandate deadline
30 Mar 2026 (5 PM)
Allotment finalization
1 Apr 2026
Share credit
2 Apr 2026
Listing date
6 Apr 2026
Mandate end date
14 Apr 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 131 Cr |
| Fresh Issue | 104.56 Cr |
| Offer for Sale | 25.97 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 1 Apr 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 28 Mar 2026 | ₹555 | ₹0 | ₹555 (0%) |
| 27 Mar 2026 | ₹555 | ₹0 | ₹555 (0%) |
| 26 Mar 2026 | ₹555 | ₹0 | ₹555 (0%) |
| 24 Mar 2026 | ₹555 | ₹0 | ₹555 (0%) |
| 23 Mar 2026 | ₹555 | ₹0 | ₹555 (0%) |
| 22 Mar 2026 | ₹555 | ₹0 | ₹555 (0%) |
| 21 Mar 2026 | ₹555 | ₹0 | ₹555 (0%) |
| 20 Mar 2026 | ₹555 | ₹0 | ₹555 (0%) |
Performance Vivid Electromech
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.528 - Rs.555 | .... | .... | .... |
About Vivid Electromech
Vivid Electromech Limited is engaged in the manufacturing of low-voltage (LV) and medium-voltage (MV) electrical panels and automation systems. The company undertakes panel manufacturing and system integration, providing services across engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems. Its product portfolio includes PCC panels, MCC panels, IMCC panels, DG synchronisation panels, power distribution boards, outdoor panels, and MV panels ranging from 3.3 kV to 36 kV, along with specialised panels such as VFD panels, control and relay panels, and APFC panels. These products are used in sectors such as data centres, infrastructure, metro projects, renewable energy, and industrial manufacturing. The company operates two manufacturing facilities located in Navi Mumbai and Pune, Maharashtra. The Navi Mumbai facility handles end-to-end manufacturing processes, while the Pune unit focuses on assembly operations. The company primarily generates revenue from domestic sales, with a limited contribution from exports.
| Founded in | 1990 |
| Managing director | Mr. Sameer Vishvanath Attavar |
| Parent organization |
Financial Overview
Strengths
- Established track record of over 30 years in electrical panel manufacturing and automation systems.
- Wide product portfolio across LV and MV panels with integrated engineering and system solutions.
- Presence across multiple end-user industries like infrastructure, data centres, and renewable energy.
- Long-standing OEM associations with companies like ABB and Schneider Electric.
- End-to-end capabilities, including design, manufacturing, testing, and commissioning services.
Risks
- High dependence on key OEM partnerships, especially with ABB for LV panel designs.
- Business is sensitive to demand cycles in infrastructure, industrial, and energy sectors.
- Reliance on the timely availability of specialised machinery and critical components.
- Exposure to quality and compliance risks in safety-critical electrical systems.
- Ongoing legal proceedings may impact financial condition and management focus.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.26 |
| Non-Institutional Investors (NIIs) | 0.87 |
| Retail Individual Investors (RIIs) | 0.14 |
| Employee | N/A |
| Total | 0.63 |