The Vivid Electromech IPO is entering its final day today, March 30. After opening last week, the issue has seen a slow but steady response so far.
This SME IPO has been on the radar for investors tracking the electrical equipment and automation space. But the numbers tell a more grounded story.
Let’s break it down simply.
Market Performance: How Vivid Electromech IPO Is Performing?
As of 10:50 AM on Day 3, the Vivid Electromech IPO shows a modest response.
- Overall subscription: 0.67 times
- Retail segment: 0.16 times
- NII segment: Fully subscribed
- QIB segment: Fully subscribed
The gap is clear. Institutional investors have shown interest, but retail participation remains muted.
This kind of mixed response often reflects cautious sentiment in the broader SME IPO space.
Main News: IPO Closes Today After Muted Demand
The Vivid Electromech IPO opened for subscription on March 25 and is now closing today, March 30.
It’s a book-built issue, which means the final price is determined within a given range based on demand.
Here are the key highlights:
- Price band: ₹528 to ₹555 per share
- Total issue size: Around ₹131 crore
- Fresh issue: 18,84,000 shares (≈ ₹105 crore)
- Offer for Sale (OFS): 4,68,000 shares (≈ ₹26 crore)
Despite the structured offering, investor participation has remained on the lower side overall.
IPO Timeline: Important Dates to Track
If you’re following the Vivid Electromech IPO, these dates matter:
- IPO closing date: March 30
- Allotment finalisation: April 2
- Demat credit (expected): April 6
- Listing date: April 7 (NSE SME)
There’s a slight delay in share credit due to stock market holidays between April 3–5.
Company Details: What Vivid Electromech Does?
Vivid Electromech operates in a niche but growing segment.
The company manufactures:
- Low-voltage (LV) electrical panels
- Medium-voltage (MV) electrical panels
- Automation systems
Its business spans across multiple industries:
- Data centres and technology
- Infrastructure and construction
- Real estate and metro projects
- Solar and renewable energy
- Industrial manufacturing and machinery
This wide sector exposure gives the company a diversified presence in core infrastructure and energy-linked industries.
Key Management Details
- Lead Manager: Hem Securities
- Registrar: MUFG Intime India
These entities are handling the process from subscription to allotment.
Summary: What Stands Out in Vivid Electromech IPO?
The Vivid Electromech IPO closes today with a subdued overall subscription of 0.67 times.
Here’s the quick takeaway:
- Institutional demand (QIB & NII) is fully subscribed
- Retail participation is relatively low at 0.16 times
- Total issue size stands at around ₹131 crore
- Listing is scheduled for April 7 on NSE SME
The story here is simple. Strong institutional interest, but cautious retail sentiment.
As the IPO wraps up today, all eyes now shift to allotment and listing.
