vivid-electromech-ltd

Incorporated in 1990 and based in Navi Mumbai, Vivid Electromech is a specialized manufacturer of Low Voltage (LV) and Medium Voltage (MV) electrical panels and automation systems. The company provides end-to-end solutions from design and fabrication to commissioning.

Business Verticals

• LV Products: Power Control Centres (PCC), Intelligent Motor Control Centres (IMCC), and Soft Starter Panels.

• MV Products: Panels ranging from 3.3 kV to 36 kV and Variable Frequency Drive (VFD) panels.

• Automation Systems: Designing and testing integrated control systems for complex industrial environments.

• Industry Applications: Serves data centers, metro projects, renewable energy, oil & gas, and infrastructure sectors.

Track Record

• Exponential Revenue Growth: Total income jumped from ₹89.55 Cr (FY24) to ₹155.77 Cr (FY25), a 74% increase.

• Significant Profitability: Net profit (PAT) surged by 373%, rising from ₹4.28 Cr (FY24) to ₹20.24 Cr (FY25).

• Efficiency Ratios: Reported an exceptional ROE of 117.61% and a PAT margin of 13.04% for FY25.

• Low Leverage: Maintains a healthy financial structure with a debt-to-equity ratio of 0.15.

Vivid Electromech Ltd IPO GMP

As of March 20, 2026, the Grey Market Premium (GMP) is ₹0.

Note: Rumors suggest interest is building due to the company's exposure to the high-growth data center and metro project segments. Significant grey market movement is typically observed 1–2 days before the issue opens.

Vivid Electromech Ltd IPO Allotment Status

The allotment is scheduled to be finalized on Apr 1, 2026.

Check Vivid Electromech Allotment Status To check your status online, visit: [Check Allotment Status Here]

You can verify your status via:

• Registrar's website (MUFG Intime India Pvt Ltd)

• NSE official portal

• Using your PAN number or Application ID

Strengths

• End-to-End Capabilities: Integrated manufacturing facilities in Navi Mumbai (80,000 sq. ft.) allow for total control over the production cycle.

• Strategic Partnerships: Established OEM relationships with global leaders like ABB, Schneider Electric, and LK.

• High-Growth Segments: Strong presence in the data center and renewable energy markets, which are currently seeing massive government and private investment.

• Industry Experience: Over three decades of track record in electrical manufacturing ensures a deep understanding of complex project execution.

Weakness

• Raw Material Risk: Susceptible to price volatility in copper and steel, which can impact operating margins.

• Supplier Concentration: Reliance on a limited number of regional suppliers for specialized switchgear components without long-term contracts.

• Customer Concentration: A significant portion of revenue is order-based; any delays in major infrastructure or metro projects could affect short-term financials.

• Intense Competition: Faces stiff competition from large listed players like Havells, ABB India, and Siemens in the high-voltage segment.

How the Company Will Use IPO Money

The fresh issue proceeds (₹104.57 Cr) will be utilized for:

• New Manufacturing Unit: ₹47.88 crores to expand production capacity with a new facility.

• Working Capital: ₹40.00 crores to support the execution of large-scale industrial orders.

• Debt Repayment: ₹9.75 crores to reduce existing financial liabilities.

• General Corporate Purposes: Funds for operational growth and administrative expenses.

Lead Manager & Registrar

• Lead Manager: Hem Securities Ltd.

• Registrar: MUFG Intime India Pvt Ltd Phone: +91 22 4918 6270 Email: vividelectromech.smeipo@in.mpms.mufg.com