Vivid Electromech IPO: Test value band, GMP, different particulars

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Vivid Electromech IPO: Test value band, GMP, different particulars

The SME preliminary public provide (IPO) of Vivid Electromech opened for bidding on Wednesday and can shut on Monday March 30. The corporate plans to lift round Rs 130.54 crore by the difficulty which is a mixture of a suggestion on the market (OFS) and issuance of contemporary fairness. Forward of the opening, the gray market premium (GMP) indicated a flat itemizing.

About Vivid Electromech IPO

The corporate has set the value band at Rs 528–555 per share and buyers could make functions for at least 1 lot which contains 240 fairness shares amounting to Rs 133,200.

The IPO of contemporary concern aggregates as much as Rs 104.56 crores whereas the OFS aggregates as much as Rs 25.97 crores.

The promoting shareholders are promoters Sameer Vishvanath Attavar and Meeta Sameer Attavar.

Vivid Electromech IPO GMP

Vivid Electromech IPO’s final gray market premium (GMP) urged a flat itemizing. The GMP is just an indicative value and will change as the difficulty progresses.

Vivid Electromech IPO web proceeds

The corporate will make the most of Rs 43.84 crore for funding the capital expenditure necessities in direction of establishing of a brand new manufacturing unit. One other Rs 9.3 crore might be used to repay sure borrowings availed by the corporate. The corporate will spend Rs 25 crore to Meet working capital necessities.

Concerning the firm

The corporate was included in 1990 as Vivid Electromech and it manufactures low-voltage and medium-voltage electrical panels and automation methods. The corporate is engaged in panel manufacturing and system integration, providing electrical and automation options that cowl engineering, design, fabrication, meeting, testing, and commissioning of management and automation methods. Their merchandise are meant for functions in energy distribution, load administration, course of management, and industrial automation throughout a number of sectors.

The corporate has two manufacturing amenities in Navi Mumbai and Pune, Maharashtra.

Vivid Electromech Financials

The corporate’s web revenue as of September 30, 2025 stood at Rs 9.44 crore. It stood at Rs 20.24 crore as on March 31, 2025 and at Rs 42.8 crore as on March 31, 2024.

Its whole income as of September 30, 2025 at Rs 69.36 crore. It stood at Rs 155.29 crore as on March 31, 2025 and at Rs 88.90 crore as on March 31, 2024.

Vivid Electromech IPO lead managers

The E-book Working Lead Supervisor (BRLM) is Hem Securities whereas the registrar to the difficulty is MUFG Intime India Pvt Ltd.

(Disclaimer: The suggestions, options, views, and opinions given by the consultants are their very own. These don’t symbolize the views of The Financial Instances.)