BasicFintech
SME IPOlistedNSE SME

Vivid Electromech IPO 2026

Vivid Electromech IPO is an SME issue that opened for subscription on 25 Mar 2026 and is now listed. The issue aggregates ₹131 Cr.

Price Band
₹528–₹555
GMP
Subscription
Listing
6 Apr 2026

Overview

Vivid Electromech IPO is an SME issue that opened for subscription on 25 Mar 2026 and is now listed. The issue aggregates ₹131 Cr.

IPO Details

Vivid Electromech IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to be listed on NSE SME. The issue has a price band of ₹528–₹555 per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue aggregates ₹131 Cr, with the subscription window open from 25 Mar 2026 to 30 Mar 2026. Allotment is expected on 1 Apr 2026 and the equity shares are scheduled to list on 6 Apr 2026.

Type
SME
Status
listed
Price band
₹528–₹555
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
₹131 Cr
Fresh issue
₹105 Cr
OFS
₹26 Cr
Exchange
NSE SME
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Vivid Electromech IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    25 Mar 2026 · Subscription opens
  2. Issue Close
    30 Mar 2026 · Subscription closes
  3. Allotment
    1 Apr 2026 · Basis of allotment finalised
  4. Refunds Initiated
    2 Apr 2026 · Funds released for non-allottees
  5. Listing Date
    6 Apr 2026 · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Vivid Electromech is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Vivid Electromech IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Vivid Electromech IPO allotment will be finalised by the registrar (MUFG Intime India) on 1 Apr 2026. Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Vivid Electromech

Vivid Electromech Limited designs, fabricates, assembles, tests and commissions control systems and automation systems. The product portfolio is segmented into low-voltage (LV) products and medium-voltage (MV) products — covering the full electrical-control + automation stack for industrial customers across manufacturing, infrastructure, energy, and process-plant deployments. Low-voltage and medium-voltage control + automation systems are critical inputs to industrial-plant operations. LV products typically include PLC-based control panels, motor-control centres (MCCs), and distribution panels for sub-1000V applications. MV products cover switchgear, control panels, and automation systems for higher-voltage industrial applications (1-33 kV range typically). The dual LV + MV product positioning differentiates Vivid from pure-LV or pure-MV specialised peers. Indian control-systems and automation demand has been a structurally growing capital-goods sub-segment through 2020-26. Drivers include Make-in-India PLI scheme expansion across manufacturing verticals (electronics, EVs, batteries, semiconductors, pharma), industrial-process modernisation requiring updated control infrastructure, RE-IPP project deployment (each new solar or wind project requires LV/MV control systems), and broader infrastructure expansion under transmission-grid + smart-cities programmes. The ₹131 crore NSE SME IPO at ₹528-555 price band (very high SME-IPO price band) opened 25-30 March, listed 6 April 2026. The 100% book-built issue structure: 18.84 lakh fresh equity shares (₹105 crore) + 4.68 lakh OFS shares (₹26 crore) — ~80% fresh / 20% OFS split. Per Business Standard, listing was at 'muted gains' — modest premium rather than strong listing-day pop.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Vivid Electromech prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Vivid Electromech IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Vivid Electromech's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Vivid Electromech — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Industrial sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
Siemens India
ABB India
Schneider Electric Infrastructure

Anchor Investors

Anchor investor bidding for Vivid Electromech typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • Hem Securities

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Vivid Electromech listed on NSE SME on 6 April 2026 after the 25-30 March 2026 subscription window. Per Business Standard reporting, the debut was characterised as 'muted gains' — modest listing premium rather than the strong listing-day pop typical of well-received SME IPOs in FY26. Exact listing-day price and subscription final figures were not surfaced in fetched sources at depth. The business positioning is LV + MV control systems and automation — design, fabrication, assembly, testing and commissioning. The dual LV + MV product positioning provides revenue-mix diversification across electrical-control voltage tiers and serves a broad industrial customer base. The category benefits from PLI-driven manufacturing expansion, RE-IPP project deployment, and infrastructure modernisation tailwinds. What's working: ~80% fresh-issue structure means meaningful capital reaches operating business; dual LV + MV positioning provides revenue diversification; structural industrial-automation demand tailwinds; ₹131 cr issue size is reasonable for the category; lead manager Hem Securities + registrar MUFG Intime indicate standard SME book-build setup. What's concerning: 'muted gains' listing-day performance signals weaker post-IPO demand than typical strong-SME-IPO pattern; very high SME-IPO price band (₹528-555) creates psychological resistance vs typical sub-₹200 SME issues; competitive pressure from mainboard automation leaders (Siemens India, ABB India, Schneider Electric Infrastructure) at vastly larger scale; NSE SME structural liquidity constraints; detailed financials not surfaced at depth. Neutral post-listing. The muted listing-day performance combined with competitive pressure and limited financial-disclosure granularity caps the immediate re-rating thesis. Wait for first 2-3 listed-quarter results to evaluate margin trajectory and project-execution discipline. Sizing modest given NSE SME structural constraints and muted listing-day signal.

How to Apply for Vivid Electromech IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Vivid Electromech IPO during the bidding window (25 Mar 202630 Mar 2026).
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (₹555).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on 1 Apr 2026.
  7. Listing day — shares list on NSE SME on 6 Apr 2026.

Risk Factors

1. 'Muted gains' listing-day performance signals weaker post-IPO demand vs typical strong-SME-IPO pattern. 2. Very high SME-IPO price band (₹528-555) creates psychological resistance vs typical sub-₹200 SME issues. 3. Competitive pressure from mainboard automation leaders — Siemens India, ABB India, Schneider Electric Infrastructure at vastly larger scale. 4. NSE SME structural liquidity constraints. 5. Project-execution cycle risk — control + automation deployment is multi-month projects; execution slippage compresses margins.

Vivid Electromech IPO — FAQs

What is Vivid Electromech IPO?
Vivid Electromech IPO is a Small and Medium Enterprise (SME) initial public offering listing on NSE SME. The issue opens on 25 Mar 2026 and closes on 30 Mar 2026 with a price band of ₹528–₹555 per share.
What is the Vivid Electromech IPO price band?
The price band for Vivid Electromech IPO is ₹528–₹555 per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Vivid Electromech IPO lot size?
The minimum lot size for Vivid Electromech IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Vivid Electromech IPO opening date?
Vivid Electromech IPO opens for subscription on 25 Mar 2026 and closes on 30 Mar 2026.
When is the Vivid Electromech IPO allotment date?
Basis of allotment is expected on 1 Apr 2026. Check your status on MUFG Intime India's website using your PAN.
When is the Vivid Electromech IPO listing date?
Vivid Electromech shares are expected to list on NSE SME on 6 Apr 2026.
What is the GMP of Vivid Electromech IPO?
GMP for Vivid Electromech is not currently tracked.
Who is the registrar of Vivid Electromech IPO?
MUFG Intime India is handling allotment, refunds, and dematerialisation for Vivid Electromech IPO.
How can I apply for Vivid Electromech IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Vivid Electromech IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

GMP TodayAllotmentOpen Demat