Vivid Electromech IPO is a book-built issue worth ₹130.54 crore. The offering comprises a fresh issue of 0.19 crore equity shares valued at ₹104.56 crore, along with an offer for sale (OFS) of 0.05 crore shares aggregating to ₹25.97 crore.
The IPO opened for subscription on March 25, 2026, and will remain open until March 30, 2026. The allotment of shares is expected to be finalised on April 2, 2026. Following the allotment process, the company’s shares are scheduled to be listed on the NSE SME platform, with a tentative listing date of April 7, 2026.
The company has fixed the IPO price band at ₹528 to ₹555 per share. Investors can apply for a minimum lot size of 240 shares, and bids must be placed in multiples of this lot size.
The Vivid Electromech IPO was subscribed 0.67 times as of March 30, 2026, at 10:55 AM on the third day of bidding. The retail individual investors (RII) segment saw a subscription of 0.16 times, while the qualified institutional buyers (QIBs), excluding anchor investors, subscribed to the issue 1.26 times. Meanwhile, the non-institutional investors (NII) category recorded a subscription of 1.09 times.
The Vivid Electromech IPO is a book-built public issue with a total size of ₹130.54 crore. The issue consists of a fresh issue of 0.19 crore shares amounting to ₹104.56 crore and an offer for sale of 0.05 crore shares worth ₹25.97 crore.
The public issue opened for bidding on March 25, 2026, and is scheduled to close on March 30, 2026. The company is expected to finalise the basis of allotment on April 2, 2026. The shares are likely to be listed on the NSE SME platform on April 7, 2026, subject to completion of the post-issue formalities.
The IPO price band has been set between ₹528 and ₹555 per share. Investors must apply for a minimum of 240 shares per lot, with bids accepted in multiples of the lot size.
As of March 30, 2026, at 10:55 AM on Day 3 of the subscription period, the Vivid Electromech IPO was subscribed 0.67 times overall. The retail investors category subscribed 0.16 times, while the QIB (excluding anchor investors) segment saw a subscription of 1.26 times. The NII portion of the issue was subscribed 1.09 times during the same period.
The table below breaks down the Vivid Electromech share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered | % of Total Issue |
| QIB Shares Offered | 11,15,280 | 47.42% |
| − Anchor Investor Shares Offered | 6,68,880 | 28.44% |
| − QIB (Ex. Anchor) Shares Offered | 4,46,400 | 18.98% |
| NII (HNI) Shares Offered | 3,35,520 | 14.27% |
| − bNII > ₹10L | 2,23,680 | 9.51% |
| − sNII < ₹10L | 1,11,840 | 4.76% |
| Retail Shares Offered | 7,82,400 | 33.27% |
| Firm Reservations | ||
| Market Maker Shares Offered | 1,18,800 | 5.05% |
| Total Shares Offered | 23,52,000 | 100.00% |
| Category | Subscription (times) |
| Qualified Institutional Buyers | 1.26 |
| Non-Institutional Investors | 1.09 |
| Retail Investors | 0.16 |
| Total shares | 0.67 |
Note: The subscription details are as of March 30, 2026
Founded in 1990, Vivid Electromech Ltd manufactures low-voltage (LV) and medium-voltage (MV) electrical panels along with automation systems.
The company specialises in panel manufacturing and system integration, delivering electrical and automation solutions that include engineering, design, fabrication, assembly, testing, and commissioning of control and automation systems.
Its products are designed for use in areas such as power distribution, load management, process control, and industrial automation across various industries.
Vivid Electromech produces a wide 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.
The company’s solutions serve multiple sectors, including data centres and technology, infrastructure, metro rail projects, construction and real estate, solar and renewable energy, and industrial manufacturing.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 30, 2026, 11:46 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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