Vivid Electromech came to market through an SME IPO that opened on 25 March 2026 and closed on 30 March 2026, and the shares listed on 7 April 2026 on NSE SME. The price band was ₹528 to ₹555 per share and one lot was 240 shares, so the minimum application was ₹1,33,200. The issue size was ₹130.54 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
MUFG Intime India Pvt.Ltd was the registrar to the issue, and Hem Securities Ltd was the lead manager.
As of 30 March 2026.
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Vivid Electromech Ltd., incorporated in 1990, is a company that specializes in the manufacturing of Low Voltage (LV) and Medium Voltage (MV) Electrical Panels. The company operates in the business of panel manufacturing and integration services, which provide electrical and automation solutions for various industries and markets.
The company offers various LV Electrical Panels, which include 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. The company offers various Electrical Panels for various markets and industries, which include Data Centre & Technology, Infrastructure, Metro Projects, Construction & Real Estate, Solar & Renewable Energy, and Industrial Manufacturing.
As described in the offer document.
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Sameer Vishvanath Attavar, Meeta Sameer Attavar. Promoter holding 99.99% before the issue.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Vivid Electromech IPO was a ₹130.54 crore book-built issue, comprising a fresh issue of ₹104.56 crore and an offer for sale of ₹25.97 crore. It was priced at ₹528–₹555 per share with a lot size of 240 shares; the minimum retail application was 480 shares (₹2,66,400). The IPO was open from March 25 to March 30, 2026 and was subscribed 1.13x.
Shares listed on NSE SME on April 7, 2026 at ₹565, a 1.8% premium to the issue price of ₹555. MUFG Intime India Pvt. Ltd. is the registrar. Hem Securities Ltd. is the book running lead manager.
The price band of Vivid Electromech IPO is ₹528 to ₹555 per share.
The lot size of Vivid Electromech IPO is 240 shares.
The minimum investment for Vivid Electromech IPO is approximately ₹2,66,400 based on the upper price band.
The allotment date of Vivid Electromech IPO is Apr 2, 2026.
You can check Vivid Electromech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vivid Electromech IPO allotment status on Rupix for quick and easy access.
₹528 to ₹555 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 240 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,33,200. After listing, SME shares also trade in lots rather than one share at a time.
₹1,33,200, for one lot of 240 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 25 March 2026 and closed on 30 March 2026.
The basis of allotment was published on 2 April 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 7 April 2026 on NSE SME.
The issue size was ₹130.54 crore. The fresh issue was 18,84,000 shares (aggregating up to ₹104.56 crore). The offer for sale was 4,68,000 shares (aggregating up to ₹25.97 crore).