📋 Vivid Electromech Ltd IPO 2026 — Date, Price Band, GMP & Allotment
Vivid Electromech Ltd IPO is a NSE SME book-built issue that opened on 25 March 2026 and closed on 30 March 2026. The company raised ₹130.54 Crore through this public offering at a price band of ₹528–₹555 per share. The Vivid Electromech IPO allotment was finalised on 1 April 2026 and shares were listed on NSE SME on 6 April 2026 at ₹565, a 1.80% premium over the issue price.
🏢 About Vivid Electromech Ltd — Company Overview
Incorporated in 1990 and headquartered in Navi Mumbai, Vivid Electromech Ltd is an ISO 9001:2015 certified manufacturer of Low-Voltage (LV) and Medium-Voltage (MV) electrical panels and automation systems with over 30 years of operational history. The company offers end-to-end solutions covering engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems.
Vivid Electromech is an authorised Core Component Panel Builder partner of Schneider Electric and a Licensed Artuk Partner of ABB. Its LV product range includes PCC Panels, IMCC Panels, Soft Starter Panels, MCC Panels, DG Synchronisation Panels, Power Distribution Boards, and Outdoor Panels. Its MV product range covers panels from 3.3 kV to 36 kV and VFD Panels.
The company currently operates two manufacturing units — one at Kharine, Navi Mumbai and another at Pimpri Chinchwad, Pune. To expand capacity, Vivid Electromech plans to set up a new 175,000 sq. ft. manufacturing facility at Lodha Industrial Park. The company serves data centres, metro rail, construction, solar energy, and industrial manufacturing sectors.
📊 Vivid Electromech IPO Details at a Glance
◆ Exchange: NSE SME
◆ Issue Type: Book Built SME IPO (Fresh Issue + OFS)
◆ Price Band: ₹528 – ₹555 per share
◆ Face Value: ₹10 per share
◆ Lot Size: 240 shares
◆ Minimum Investment (Retail): ₹2,66,400 (2 lots = 480 shares)
◆ Minimum Investment (sNII): ₹3,99,600 (3 lots = 720 shares)
◆ Issue Size: ₹130.54 Crore (23,52,000 shares)
◆ Fresh Issue: ₹104.56 Crore (18,84,000 shares)
◆ Offer for Sale: ₹25.97 Crore (4,68,000 shares)
◆ Lead Manager: Hem Securities Ltd
◆ Market Maker: Hem Finlease Pvt. Ltd.
◆ Registrar: MUFG Intime India Pvt. Ltd.
📅 Vivid Electromech IPO Timeline — Important Dates
◆ Anchor Investor Date: 24 March 2026 — Raised ₹37.12 Crore
◆ IPO Open Date: 25 March 2026
◆ IPO Close Date: 30 March 2026
◆ Allotment Date: 1 April 2026
◆ Refund Initiation: 2 April 2026
◆ Demat Credit: 2 April 2026
◆ Listing Date: 6 April 2026 (Monday) — NSE SME
◆ Listing Price: ₹565 (1.80% premium over issue price ₹555)
📈 Vivid Electromech IPO GMP Today
Check the latest Vivid Electromech IPO GMP today live on IPOView. At opening the GMP was ₹0, however the stock listed at ₹565 on NSE SME with a 1.80% gain. As of latest update the stock is trading at ₹636.30 on NSE. GMP is unofficial and should not be the sole basis of investment decisions.
💰 Vivid Electromech IPO Subscription Status
The Vivid Electromech IPO subscription status showed an overall subscription of 2.79 times at close. QIB category was subscribed 1.39 times, NII 0.42 times, and retail quota 35%.
📑 Vivid Electromech IPO Financials
◆ Revenue FY24: ₹89.55 Crore
◆ Revenue FY25: ₹155.77 Crore — 25% YoY growth
◆ PAT FY24: ₹4.28 Crore
◆ PAT FY25: ₹20.24 Crore — 16% YoY growth
◆ Market Cap Post-listing: ₹493.27 Crore
✅ Vivid Electromech IPO — Strengths
🔹 30+ Years Track Record — Established in 1990 with IEC 61439/61641/62271 compliant design-verified assemblies.
🔹 Marquee OEM Partnerships — Authorised partner of Schneider Electric and ABB.
🔹 Strong Revenue Growth — 25% revenue jump from ₹89.55 Cr to ₹155.77 Cr in FY25.
🔹 Diversified Sector Presence — Serves data centres, metro projects, solar, infrastructure, and industrial clients.
🔹 Capacity Expansion — New 175,000 sq. ft. manufacturing unit at Lodha Industrial Park planned.
🔹 IPO Proceeds Utilisation — ₹47.88 Cr for new manufacturing unit + ₹9.75 Cr for debt repayment.
⚠️ Vivid Electromech IPO — Risks
🔸 Customer Concentration Risk — Revenue dependent on select large clients.
🔸 Working Capital Intensive — Significant working capital requirements.
🔸 PAT Growth Lower Than Revenue — PAT grew 16% vs 25% revenue growth in FY25.
🔸 SME Platform Liquidity — Lower trading volumes compared to mainboard.
🔍 Vivid Electromech IPO — Conclusion
The Vivid Electromech Ltd IPO brought a well-established electrical panel manufacturer with strong OEM partnerships to public markets. With listing gains of 1.80% and CMP of ₹636.30, the stock has delivered solid returns. Track Vivid Electromech IPO allotment status, GMP and listing price on IPOView. Also check all 2026 IPOs live on IPOView.