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Vivid Electromech Ltd

Capital Goods - Electrical EquipmentIPOSME
₹555 - 555
₹555 - 555

The Company 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. It provides end-to-end solutions including design, fabrication, assembly, testing and commissioning of control and automation systems. Its LV electrical panel product range includes PCC, IMCC, MCC, DG Synchronization, Power Distribution Board and Outdoor Panels, while our MV electrical panel product range covers 3.3 kV to 33 kV panels and includes specialized product such as VCB Panel, Control & Relay Panels, RMG and APFC Panels. Its products, type-tested under IEC standards, cater to sectors including Data Centre & Technology, Infrastructure, Construction & Real Estate including Metro Projects, Solar & Renewable Energy, Industrial Manufacturing and Machinery etc.

Lot240Min Invest₹2,66,400Face Value₹10Issue Size₹131 CrFresh Issue₹105 CrOffer for Sale₹26 CrListing Price₹565CMP₹1,264

Timeline

25 Mar
Bidding opens
30 Mar
Bidding closes
2 Apr
Allotment
6 Apr
Refund & demat credit
7 Apr
Listing

Subscription

Subscription opens once dates are announced

Reports

Offer Details

Terms

Issue Size₹131 Cr0.24 Cr shares
Fresh Issue₹105 Cr
Offer for Sale₹26 Cr
Face Value₹10
Lot Size240 shares
ReservationQIB 49.94% · NII 15.02% · RETAIL 35.04%

Application Sizes

Retail₹2,66,4001-1 lots
sNII₹2,66,400from 2 lots
bNII₹10,65,600from 8 lots

Managers & Registrar

Lead ManagerHem Securities Limited
RegistrarMUFG Intime India Pvt Ltd

Ownership & Proceeds

Offer for Sale

Selling ShareholderShares OfferedAmt ₹ CrSameer Vishvanath AttavarPRMTR1,17,0006.49Meeta Sameer AttavarPRMTR3,51,00019.48Total4,68,00025.97

Shareholding

CategoryPre IPOPost IPOPromoter Group99.99%73.53%Public0.01%26.47%

Objects of the Issue

  1. Funding the capital expenditure requirements towards setting up of a new manufacturing unit.
  2. Repayment of certain borrowings availed by the Company
  3. To meet working capital requirements of the Company
  4. General corporate purposes

Anchor Book

Bid Date24-Mar-2026Shares6,68,880Amount₹37 Cr30-day lock-in01-May-202690-day lock-in30-Jun-2026

Financials

Profit & Loss

Financial YearFY23FY24FY25FY26Latest
RevenueCr5989155200221
Operating ProfitCr27284550
OPM%3.48.118.122.622.6
PBTCr06264450
PATCr04203235
EPS66284515

Balance Sheet

Financial YearFY23FY24FY25FY26Latest
Equity CapitalCr2447-
ReservesCr25183866-
BorrowingsCr65433-
Total AssetsCr6262115195-

Cash Flow

Financial YearFY23FY24FY25FY26Latest
Operating Cash FlowCr5379-
Investing Cash FlowCr-3-2-1-40-
Financing Cash FlowCr-2-2-128-
Net Cash FlowCr0-14-3-

Strengths & Risks

Strengths · as stated in the DRHP
  • Integrated Manufacturing Facilities.
  • Diverse Product Portfolio with wide geographic reach.
  • Strategic Partnerships with leading brands.
  • Commitment to Quality Control and Safety.
  • Growing Presence in the Data Centre Segment.
  • Experienced promoters and senior management team.
Strategies · as stated in the DRHP
  • Setting up of new integrated manufacturing unit.
  • Expansion of its geographical footprint.
  • Maintaining Long-Term Relationships with Customers and Suppliers.
  • Strengthen its marketing network.
  • Focus on Post-Sales Services and Customer Support.
  • Expand Presence in High-Growth Data Centre Sector.
Show all 7 strategies
Risks · as stated in the DRHP
  • The company's business is significantly dependent on the availability and cost of key raw materials such as CRCA sheets, GI sheets, aluminum, copper, and switchgears. Volatility in their prices or disruption in supply may adversely affect its business, financial condition, results of operations, and cash flows.
  • The company is dependent on a limited number of suppliers located within a concentrated geographical region for the supply of the company's raw materials, and the company does not have long-term agreements with most of its suppliers. Any disruption in supply, increase in prices, or adverse developments in the region could materially and adversely affect the company's business, financial condition and results of operations.
  • The company is dependent on a few customers for a major part of its revenues. Further the company does not have any long-term commitments from customers and any failures to continue the company's existing arrangements could adversely affect its business and results of operations.
  • If there are delays in setting up the Proposed manufacturing unit or if the costs of setting up and the possible time or cost overruns related to the Proposed manufacturing unit or the purchase of plant and machinery for the Proposed manufacturing unit are higher than expected, it could have a material adverse effect on the company's financial condition, results of operations and growth prospects.
  • The company is yet to place final orders for a portion of the capital expenditure relating to the company's proposed manufacturing facility. Any delay in procurement, installation or cost escalation may adversely affect the implementation of its expansion plan and the company's business, financial condition and results of operations.
  • The company's business is dependent on the continuous and efficient operation of its manufacturing units. Any disruption, breakdown or failures of critical machinery, disruption in power supply, or temporary shutdown of the company's facilities may have a material adverse effect on the company's business, results of operations, financial condition and cash flows.
Show all 75 risks