Incorporated in 1990, Vivid Electromech Ltd. is a manufacturer of Low-Voltage (“LV”) and Medium-Voltage (“MV”) electrical panels and automation systems.
The company is engaged in panel manufacturing and system integration, offering electrical and automation solutions that cover engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems.
Their products are intended for applications in power distribution, load management, process control, and industrial automation across multiple sectors.
The company manufactures a range of 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.
Their products cater to sectors such as Data Centre & Technology, Infrastructure, Metro Projects, Construction & Real Estate, Solar & Renewable Energy, Industrial Manufacturing.
The company is an ISO 9001:2015 certified manufacturer of low-voltage (“LV”) and medium-voltage (“MV”) electrical panels and automation systems.
The company has two manufacturing facilities in Navi Mumbai and Pune, Maharashtra.
As of September 30 2025, the company employed 252 employees in various departments.
Competitive Strength:
- Integrated Manufacturing Facilities
- Diverse Product Portfolio with Wide Geographic Reach
- Growing Presence in the Data Centre Segment
- Strategic Partnerships with Leading Brands
- Commitment to Quality Control and Safety
- Experienced promoters and senior management team
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding the capital expenditure requirements towards setting up of a new manufacturing unit. | ₹44 |
| Repayment of certain borrowings availed by the Company | ₹9 |
| To meet working capital requirements of the Company | ₹36 |
| General Corporate Purpose | — |
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 120 | 115 | 62 |
| Revenue | 71 | 156 | 90 |
| PAT | 9 | 20 | 4 |
| EBITDA | 14 | 28 | 7 |
| Net Worth | 37 | 27 | 7 |
| Reserves | 44 | 38 | 18 |
| Total Borrowing | 14 | 4 | 5 |
| Category | Sub (x) | Offered | Bid For |
|---|---|---|---|
| QIB | — | 1,115,280 (47%) | — |
| NII / HNI | — | 335,520 (14%) | — |
| Retail (RII) | — | 782,400 (33%) | — |
| Market Maker | — | 118,800 (5%) | — |
| Total | — | 2,352,000 (100%) | — |
* Amount calculated at upper price band (₹555) · ** Total includes all investor categories
- 1 Initiation of Refund 02 Apr 2026
- 2 Credit of Shares to Demat 02 Apr 2026
- Retail allocation is good at 33% of the total offering.
- HNI/NII demand is good at 14%.
- Institutional (QIB) interest is strong at 47%.
- The IPO P/E of 24x reflects a good valuation relative to typical market ranges.
- Pre-issue EPS of ₹29 compares to post-issue EPS of ₹23 after dilution.
This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.
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